Inventory Planning - Senior Planner and Allocator, Community Hubs (Retail)
About The Position
This role focuses on inventory planning for retail community hubs. The Senior Planner and Allocator will collaborate with Merchandising and Retail Operations to create store-specific assortments tailored to each store's demographics and size. Key responsibilities include managing store-level inventory to ensure healthy service levels while minimizing obsolescence, contributing to reporting and hindsight meetings, and developing tools and processes to support retail expansion. The position involves working with the Director of Inventory Planning on future buys and optimizing decision-making tools, supporting assortment review meetings, planning Return to Vendor (RTV) processes for new launches, and optimizing in-stock levels through regular replenishments. Strong cross-functional relationships are essential for fostering collaboration.
Requirements
- 5+ years experience in a role focused on inventory planning - ideally omni level.
- Bachelor’s degree in a related field such as mathematics, economics, statistics, finance preferred
- Superb analytical and problem-solving skills
- Extremely high attention to detail
- Outstanding communication verbal and written skills
- Proven ability to manage various projects while staying on-track with deliverables and communications.
- Highly proficient in Excel, Google Sheets
- Proficient Microsoft Office (PowerPoint, Word) and Google Suite (Google Slides, Google Docs)
Nice To Haves
- Experience with data visualization tools (Looker, Tableau, Google Data Studio, etc.)
Responsibilities
- Work closely with Merchandising and Retail Operations to build store specific assortments that cater to each store’s demographics and size profiles.
- Manage store level inventory to maintain healthy service levels, while also mitigating obsolescence.
- Contribute to weekly and monthly reporting and hindsight meetings that drive future assortment and buying decisions for retail locations
- Build and expand on existing tools and processes to support retail expansion.
- Work alongside the Director of Inventory Planning to evaluate future buys and optimize the tools and templates required for robust decision-making.
- Support the Merchandising team in our series of quarterly assortment and investment review meetings.
- Plan and communicate RTV’s with the store teams to prep for each new launch.
- Develop strong cross-functional relationships to foster collaboration between teams.
- Optimize and communicate In-Stock levels in stores through weekly and bi-weekly replenishments.
Benefits
- Equity: FIGS provides a discount when purchasing FIGS stock voluntarily through our FIGS Employee Stock Purchase Plan
- Comprehensive benefits and perks package focused on your well-being, including premium medical, dental and vision coverage, and full access to wellness services through Breethe and Classpass.
- 100% FIGS-sponsored life insurance and disability insurance
- Amazing 401(k) program, with a company match up to the first 6% of your contribution
- Generous paid time off - We have 12 company holidays. For salaried team members, we offer flexible vacation. For our hourly team members, we offer up to 3 weeks of accrued vacation
- Meaningful time away for baby bonding, including parental leave, new parent care meals, and a transition back to work for primary caregivers
- FIGS sponsored Uber Eats voucher for in-office weeks
- Personalized discount code for 50% off all FIGS products, along with a separate code to share with family and friends to enjoy a 25% discount site-wide
- Access to FIGS Vet, Discounted Pet Daycare, Discounted Pet Insurance, and so much more…
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What This Job Offers
Job Type
Full-time
Career Level
Senior
