Hybrid Inventory Planner: Optimize Availability

Standard Textile Co., Inc. in; Cincinnati (OH); Hybrid; USD 70,000 - 90,000; Full time

Benefits offered by this job

Hybrid work

Career growth

Medical benefits

Parental leave

Bereavement leave

401k with match

Dress for Your Day

Product discount

Job summary

Standard Textile is seeking an Inventory Planner (Finance) to oversee inventory planning and optimization, ensuring product availability and efficient investment. You will collaborate with Sales, Operations, Customer Service, Procurement, and Supply Chain teams to manage risks and drive process improvements that enhance service levels.

The role focuses on monitoring inventory, transfers, and replenishment, while maintaining planning accuracy and supporting forecasting activities.

Qualifications

• Bachelor's degree or equivalent experience (2-5 years)
• Proficiency in spreadsheets, especially Excel
• Experience in inventory planning, supply chain planning, demand planning, replenishment, or related analytics
• Strong understanding of inventory management principles and capacity management
• Experience with Oracle Fusion and Salesforce preferred
• Proven analytical and problem-solving skills with data-driven recommendations
• Ability to monitor KPIs like backorders, utilization, and fulfillment
• Attention to detail and cross-functional collaboration skills

Responsibilities

• Manage inventory levels across distribution centers to maintain product availability.
• Reduce backorder risk through proactive planning and replenishment.
• Analyze imbalances and execute transfers to improve availability and service levels.
• Monitor distribution center capacity and optimize storage usage.
• Review inventory positioning to improve order fulfillment and reduce wrong shipments.
• Maintain planning parameters and master data for accuracy.
• Oversee replenishment for consignment accounts.
• Develop risk mitigation plans for backorders, capacity, and slow-moving stock.
• Create inventory performance reports and KPI scorecards for business decisions.
• Collaborate with Sales, Operations, Customer Service, Procurement and Supply Chain to resolve issues and improve planning.
• Lead continuous improvement initiatives for inventory optimization and service levels.
• Prepare monthly reports and participate in strategic supply chain projects.

Skills

Inventory planning

Forecasting

Excel

Data analysis

Team collaboration

Education

Bachelor's degree or equivalent experience

Tools

Oracle Fusion

Salesforce

Job description

Standard Textile is seeking an Inventory Planner (Finance) to oversee inventory planning and optimization, ensuring product availability and efficient investment. You will collaborate with Sales, Operations, Customer Service, Procurement, and Supply Chain teams to manage risks and drive process improvements that enhance service levels.

The role focuses on monitoring inventory, transfers, and replenishment, while maintaining planning accuracy and supporting forecasting activities.