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Inventory Planner
Fashion Industry Company
Newton, MA, United States
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Company is looking for a strong analytical candidate to join our team as an Inventory Planner for Company Americas Buying and Merchandising department. The successful candidate will create, analyze and execute inventory forecasts across three seasons. In this role, the Planner will manage products through the lifecycle ensuring that inventory is in alignment with the business unit budget and quarterly finance forecasts.
Core Accountabilities:
• Support forecasting and buying activities, including forecasting each product season, collaborating with Category Management and Merchandising Planning teams to achieve a realistic initial and fill in forecast.
• Analyze historical inventory cycles and distribution channels.
• Measure previous sell in season fill rates.
• Adapt and react to market trends during each forecast cycle.
• Provide forecast reviews, account and channel distribution reports to business unit.
• Contribute to product development process to plan and move current inventories and develop future product forecasts.
• Create ABC 80/20 analysis reports identifying what styles and patterns make up total percentage of overall product sell in.
• Deliver to Production Planning monthly open to buy plans for current buying season and extended 18 month strategic open to buy plan for future product season.
• Responsible for executing purchase order placement.
• Analyzing and coordinating purchase orders for on-time delivery to the Logistics Center.
• Assist in managing in season inventory management.
• Responsible for developing and managing reports to monitor product, sales, stock and margin performance across all channels versus related regional buying and mechandising KPIs.
• Responsible for ensuring the integrity of the data in the system, including buffer stock settings, capacities, lead-times, color/size/width profiles, planning, forecasting and product life-cycle flags, etc.
Essential Knowledge/skills:
• Experience in footwear demand and supply chain.
• Merchandise planning, budgeting and forecasting
• Successful Demand and Supply Planning.
• Experience in key distribution channels and operating models - Wholesale, Retail, Franchise and Digital.
• Organizational skills to coordinate feedback from a variety of sources.
• Practical understanding of demand planning and inventory management processes.
• Ability to analyze trends and use that information to effectively plan and forecast.
• Strong analytical and verbal skills
• Solid computer skills including the following tools:
◦ Data warehouse/data mart query and report development tools
◦ Microsoft Excel (formulas, linking)
◦ SAP experience
We’re moving to 1265 Main Street in Waltham, MA in Fall 2016, and we couldn’t be more excited! Our four-story, single tenant building will feature a range of amenities that reflect our employees’ input. The building will be designed to promote creative collaboration, support varied work styles, and represent the ingenuity, quality, and care that goes into each pair of Company shoes.