Replenishment Planner

CosmoProf•Plano, TX

4d•Hybrid

About The Position

Responsible for replenishment of planogram merchandise, the replenishment process, and quantity allocation from forecast to PO for assigned businesses. The Replenishment Planner analyzes and adjusts system forecasts based on daily review of product movement, including seasonality, industry and market trends, and probability of anticipated sales. Responsible for delivering forecast accuracy and forecasting bias as per defined goals by SKU and/or product family. Partner with Buyer to manage category distortions and Open to Buy, and allocate inventory dollars effectively to drive the business. Drive consistency in SKU FC and replenishment that align with AOR goals. Manage the preplanning process and asset allocation to identify and drive grow/maintain/decline businesses. This position is hybrid reporting into the support center at Legacy West in Plano Texas.

Requirements

College degree (BA or BS) or equivalent work experience
3-5 years experience with planning at a retail or wholesale company merchandise planning and allocation, demand planning, production planning.
2-3 years planning and executing projects involving multiple groups across an organization.
Solid understanding of inventory management practices and procedures.
Strong mathematical and statistical knowledge.
Capability to multitask in a fast paced environment.
Excellent written and verbal communication skills that helps influence and shape future business decisions.
Highly analytical with a sense of business curiosity.

Nice To Haves

Experience with retail buying or logistics preferred.
JDA experience would be a plus.

Responsibilities

Create and manage replenishment forecasts through PO creation using JDA systems and tools.
Recognize and reconcile forecast exceptions.
Track actuals against forecast.
Manage new and conversion store forecasts.
Follow up on POs from Vendor through DC and to store to ensure proper flow.
Align item plans with financial targets for AOR and drive to OTB metrics.
Work with Buyer/SBU on strategies to drive the business.
Work strategically with suppliers, supply chain, and store partners to translate vendor commitments, supply chain capacity, stores stock levels, and marketing into plans that achieve the sales, GM and unit turnover expectation.
Generate and analyze forecast performance reports.
Determine causal factors impacting forecasts and act: weather, moving seasons, etc.
Manage new, increased footprint, decreased footprint, and end of life forecasts.
Maintain key metrics against goals for forecast accuracy and inventory optimization.

Benefits

medical
dental
vision
life Insurance
paid vacation and sick days
paid holidays
tuition reimbursement
401(k) with company match
in house salon with complementary services
varied selection of food options at our corporate campus
Sally Beauty and CosmoProf Professional onsite store, where associates enjoy a great merchandise discount