Inventory Planner

Lululemon Athletica; Vancouver; On-site; CAD 96,000 - 128,000; Full time

Job summary

An established industry player is seeking an Inventory Planner to join their dynamic team. In this pivotal role, you will analyze key costing elements, collaborate with regional teams, and provide actionable insights to optimize inventory management. Your expertise in retail planning and costing analysis will help drive profitable growth while maintaining strong inventory control. This position offers a collaborative work environment, where your analytical skills and innovative spirit will be valued. If you are passionate about retail and eager to make an impact, this opportunity is perfect for you.

Benefits

Health and Dental Coverage

Paid Time Off

Retirement Matching

Parental Support

Development Courses

Mentorship Programs

Leadership Programs

Qualifications

• 3-5 years of retail planning or costing analysis experience.
• Strong analytical skills with data-driven decision-making experience.

Responsibilities

• Analyze costing elements and provide insights and recommendations.
• Collaborate with regional teams to validate AUR forecasts.

Skills

Analytical Skills

Data-Driven Decision Making

Communication Skills

Organization

Prioritization

Education

Bachelor’s degree in Business

Bachelor’s degree in Economics

Bachelor’s degree in Finance

Bachelor’s degree in Supply Chain

Tools

Excel

Power BI

PowerPoint

Job description

Inventory Planner (Retail & Costing)

Who are we

lululemon is a yoga-inspired technical apparel company with ambitious growth plans. Our purpose is to elevate the world through the practice and philosophy of yoga. We are a global company with locations across North America, Australia and New Zealand, Europe, and Asia. Our success is driven by innovative products, a focus on our stores, our people, and the connections we build within each community.

About this team

The Global Planning team, part of the product department, manages inventory efficiently. They collaborate with regional teams to understand product trends, regional preferences, and logistics. They monitor inventory levels, average unit retail, and costs regularly, analyzing trends to optimize inventory, ensure accurate projections, and mitigate risks. The goal is to protect the guest experience, maintain strong inventory control, and support profitable growth.

A day in the life:

Reporting to the Global Inventory Planning Manager, this role analyzes key costing elements such as Duty, Freight, and FOB, identifies trends, and understands variances against forecasts. The candidate will work with the finance team to leverage historical data for projections and forecasts, and collaborate with regional teams to review and validate sales & receipts AUR, analyzing trends and addressing discrepancies.

Key responsibilities include:

1. Costing Analysis & Forecasting: Analyze costing elements, identify trends, and provide insights and recommendations.
2. Costing Projections & Insights: Use historical data to project future trends and communicate these to stakeholders.
3. Sales & Receipts Analysis: Review sales and receipts AUR, analyze historical relationships, and identify opportunities.
4. Regional AUR Projections: Collaborate with regional teams to review and validate AUR forecasts, addressing discrepancies.
5. Trend Monitoring: Continuously analyze market and business trends affecting retail metrics.
6. Reporting & Communication: Prepare reports and present findings to leadership, offering actionable insights.

Qualifications:

• Bachelor’s degree in Business, Economics, Finance, Supply Chain, or related field.
• 3-5 years of retail planning or costing analysis experience.
• Strong analytical skills with data-driven decision-making experience.
• Proficiency in Excel and Power BI; ability to present data effectively in PowerPoint.
• Highly organized, detail-oriented, with good prioritization skills.
• Excellent written and verbal communication skills.

Must have:

• Acknowledgment of personal responsibility and choice.
• Entrepreneurial spirit and innovation.
• Honest and kind communication, fostering open dialogue.
• Courageous leadership, embracing greatness over fear of failure.
• Relationship-building skills, prioritizing people.
• A fun, joyful approach to work and life.

Additional Notes

Immigration support may be available for this role.

Compensation and Benefits

The typical salary range is $96,800-$127,100 annually, based on market, experience, and internal factors. Benefits include bonuses, health and dental coverage, paid time off, retirement matching, parental support, development courses, mentorship, and leadership programs. Benefits are subject to eligibility and company policies.

Workplace arrangement

This role requires in-person work, with a minimum of 4 days onsite per week, to foster collaboration and connection as per our SSC Workplace Policy.