Inventory Planner

brobstongroup.com - Jobboard; Corte Madera (CA); On-site; USD 60,000 - 80,000; Full time

Job summary

brobstongroup.com - Jobboard is seeking an Inventory Planner in Corte Madera, California. The Inventory Planner is essential for driving sales and margin results, developing assortment and inventory plans for departments, and managing forecast and buying strategies.

The ideal candidate has at least 3 years of experience in inventory management and strong analytical skills. This role requires collaboration with various teams to optimize inventory investments and achieve financial goals.

Qualifications

• 3 years of experience preferably in inventory management.
• 1 year of supervisory experience preferred.
• Strong analytical skills with ability to interpret trends from quantitative and qualitative data.
• Solid grasp of retail math and inventory planning concepts.
• Advanced knowledge of Excel with aptitude to learn new systems quickly.

Responsibilities

• Develop department and sku level sales plans with supporting investment quantities.
• Analyze historical data and current trends to identify opportunities and risks.
• Manage open-to-buy activities and reconcile top down to bottom up financial plans.
• Forecast sales and inventory and calculate receipt needs based on inventory.
• Present buying strategies and inventory investments to senior leadership.

Skills

Analytical skills

Retail math

Problem solving

Organizational skills

Multi-Channel planning

Education

Bachelor's degree or equivalent experience

Tools

Excel

Job description

Summary

The Inventory Planner drives sales and margin results by developing and managing assortment and inventory plans at the department level. This role creates pre-season plans, manages open-to-buy activities, forecasts demand and receipts, and collaborates with cross-functional teams to optimize inventory investments and achieve financial goals.

Responsibilities

• Develop department and sku level sales plans with supporting investment quantities and flow forecasts
• Analyze historical data and current trends to identify opportunities and risks by department, subclass, collection and sku
• Manage open-to-buy activities and reconcile top down to bottom up financial plans
• Forecast sales and inventory and calculate receipt needs based on inventory and rate of sale
• Present buying strategies and inventory investments to senior leadership and during monthly OTB meetings
• Manage on order pipeline and negotiate flow requirements with vendors
• Collaborate with Merchandising to support product strategies and vision
• Focus on top volume collections and skus to maximize in-stocks and revenue
• Manage and develop team members through mentoring and onboarding activities

Requirements

• 3 years of experience preferably in inventory management
• 1 year of supervisory experience preferred
• Bachelor's degree or equivalent experience
• Multi-Channel planning experience a plus
• Strong analytical skills with ability to interpret trends from quantitative and qualitative data
• Solid grasp of retail math and inventory planning concepts
• Advanced knowledge of Excel with aptitude to learn new systems quickly
• Strong problem solving and critical thinking skills focused on driving results
• Excellent organizational and time management skills