Inventory Planner

Speedo; Long Beach (CA); On-site; USD 65,000 - 96,000; Full time

Benefits offered by this job

Hybrid working

Flexible start and finish times

Generous paid time off

Product discounts

Medical and healthcare support

Job summary

Speedo in Long Beach, CA is seeking an Inventory Planner to manage inventory plans across Core, Fashion, and SMU workflows and to minimize stock excess while meeting demand.

You will coordinate with forecasting and merchandising teams, adjust requisitions, and monitor KPI targets such as stock levels, service, and weeks of supply. This role offers hybrid working and a strong benefits package.

Qualifications

• Minimum 1–3 years in supply chain planning or related roles.
• Experience with DRP modules and SAP.
• Strong analytical and data-driven decision making.
• Ability to collaborate with cross-functional teams.
• Advanced Excel skills.

Responsibilities

• Create inventory plans and targets for Core, Fashion & SMU workflows.
• Reconcile and revise purchase requisitions through production lead times.
• Manage stock-out situations and expedite products when needed.
• Plan and track new item introductions to meet on-shelf dates.
• Support monthly IBP process with inventory forecasts.

Skills

Inventory planning

Forecasting

Supply chain management

Data analysis

Effective communication

Education

Bachelor's degree in business administration or supply chain

Tools

SAP

Job description

As our Inventory Planner, you are responsible for inventory management and development of a DC replenishment plan that satisfies demand and optimizes service vs cost objectives as defined by leadership. Your primary role is to plan inventory across core and fashion workflows, manage related planning systems (when applicable) for your portion of the business, and minimize stock excess and obsolescence. Through these actions, you will help improve the overall quality and carrying cost of the inventory while still meeting demand needs and service requirements.

Primary Responsibilities:

• Create inventory plans and targets for different product workflows (Core, Fashion, & SMU) based on strategic direction and vision of Leadership.
• Reconcile and revise Purchase Requisition commitments as needed through production lead time.
• Manage/resolve stock-out occurrences and expedite products when needed given inventory position and outlook and report on associated costs.
• Create and analyze recommendations of seasonal and SMU bulk greige commitments with Business and Forecast teams.
• Manage bulk greige buy positioning, allocation, and inventory throughout seasonal finished good production.
• Collaborate with associated planners & merchandisers to proactively manage impacts to the plan (e.g. demand changes, supply variability, etc.).
• Begin inventory segmentation rule setting aligned to both sales and supply chain objectives.
• Plan and track new item introduction across all workflows to ensure products are available to ship from across the network to meet target on-shelf dates.
• Support leadership in preparation of monthly IBP process through creation and explanation of finished goods inventory forecast.
• Based on strategic targets, managing planning parameters such as days of supply, order minimums, safety stock setting, lead time management, and maximum coverage.
• Generate reports and support performance management process in such areas as stock high/low/outs, service levels to customer, weeks of supply vs goal, etc. Achieve KPI Targets.
• Champion inventory/replenishment planning best practices and support continuous improvement in the inventory/replenishment planning and collaboration processes.

Qualifications & Experience:

• Minimum 1-3 years in Supply Chain management roles, including: inventory & distribution planning, inventory management, operations, buying/procurement, and/or logistics/distribution.
• Consumer products company experience preferred, especially a fast-moving, multi-channel consumer goods business with global manufacturing/sourcing.
• 1+ year with a leading inventory/replenishment planning solution or relevant experience with similar inventory & DRP modules and SAP.
• Bachelor’s degree in business administration, supply chain, or related focus preferred.
• Ability to proactively lead collaborative efforts with commercial planners on inventory policies and impact of forecast changes.
• Strong communication skills with the ability to influence and inform through all levels in the global organization.
• Strong analytical, creative problem solving, and data driven decision making skills.
• Advanced knowledge of Spreadsheet software (Excel).

Why Speedo?

Speedo is one of the world’s most iconic swimwear brands, built on a heritage of innovation, performance and a lifelong love of swimming.

From elite competition to everyday fitness, leisure and learning, Speedo creates product for every type of swimmer. It is a brand trusted in the water because it understands what matters: fit, movement, comfort, durability, confidence and performance.

Joining Speedo means becoming part of a team that cares deeply about helping people feel at home in the water, whether they are chasing a personal best, building confidence, training regularly or discovering the joy of swimming for the first time.

• We offer a competitive salary, discretionary bonus, hybrid working, flexible start and finish times, generous paid time off, product discounts, sample sales, medical and healthcare support plus additional benefits designed to support you at work and beyond.

You can find full details of our benefits and perks on our US Benefits page.

Pentland Brands and Speedo are equal opportunity employers and considers all applicants for employment on the basis of their individual capabilities and qualifications, consistent with applicable law and without regard to race, color, sex, gender identity or expression, age, religion, creed, national origin, citizenship status, sexual orientation, genetic information, physical or mental disability, military status or any other characteristic protected under federal, state or local law. In addition to complying with all applicable laws, we have a strong corporate commitment to inclusion, diversity and to ensuring that all current and future associates are compensated solely on job-related factors such as skill, ability, educational background, work quality, experience and potential. To achieve these goals, applicants are asked not to disclose salary history information.