Inventory Planner

Faherty; New York (NY); Hybrid; USD 65,000 - 80,000; Full time

Job summary

Faherty in New York City is seeking an Inventory Planner for our Allocation team. You will optimize store allocation, replenishment and overall stock efficiency in a fast-paced environment.

You will use data-driven insights to support omni-channel merchandise plans and drive inventory productivity across categories. Collaboration with store teams and urgent response to stock needs are essential.

Hybrid work with three days in the NYC office offers a balance of collaboration and focus.

Qualifications

• Experience and proficiency in Excel, specifically in an allocation capacity.
• 2–4 years experience in retail planning and allocation.
• Analytical and mathematical proficiency.
• Candidate should exhibit analytical thought and enjoy deep diving into data.
• Ability to prioritize and handle multiple tasks with a willingness to flex schedule based on needs of business.
• Experience within a multi-channel apparel and or footwear brand a plus.
• Exhibit quick turnaround time on fast paced business changes.

Responsibilities

• Support omni-channel merchandising plans that deliver company sales, gross margin and inventory productivity goals for specific categories/divisions within Faherty.
• Support execution of omni-channel end-to-end planning & allocation process.
• Support reporting and analysis for seasonal hindsights and pre-season buy plans
• Create and maintain weekly and adhoc reporting to analyze and react to store inventory needs.
• Allocate merchandise strategically and intelligently to maximize sales, considering store volume, store capacity, regional and geographical factors, and other unique selling characteristics specific to stores and store clusters (e.g., SKU plans, model targets, etc.)
• Recommend and execute weekly replenishment strategies to stores to achieve optimal inventory turns and sell-thrus.

Skills

Excel allocation

Retail planning

Data analytics

Analytical thinking

Multitasking

Multi-channel retail

Fast-paced environment

Tools

NetSuite

Job description

We are looking for a detail-oriented, dedicated and driven Inventory Planner to join our fast-paced and passionate Allocation team. In this role, you will play a critical part in optimizing inventory, focusing on Store allocation, replenishment, and overall stock efficiency. If you have a passion for data-driven decision-making, excel in analytics, and thrive in a fast-paced environment, we want you on our team! This role will report to the Director, DTC Planning & Allocation.

What you’ll do:

• Support execution of omni-channel merchandise plans that deliver company sales, gross margin and inventory productivity goals for specific categories/divisions within Faherty.
• Support execution of omni-channel end-to-end planning & allocation process.
• Support reporting and analysis for seasonal hindsights and pre-season buy plans
• Create and maintain weekly and adhoc reporting to analyze and react to store inventory needs.
• Allocate merchandise strategically and intelligently to maximize sales, considering store volume, store capacity, regional and geographical factors, and other unique selling characteristics specific to stores and store clusters (e.g., SKU plans, model targets, etc.)
• Recommend and execute weekly replenishment strategies to stores to achieve optimal inventory turns and sell-thrus.
• Understand store profiles/tiers and build assortment allocation strategies with merchandising.
• Work with retail store teams to review product requests and determine where replenishment opportunities exist.
• Support new store allocations to ensure accuracy and on time arrival in store.
• Support manager with order placement into ERP systems (NetSuite).
• Monitors late product and communicates impact to floorset to Visual, Merchandising and Store partners

What you’ll have:

• Experience and proficiency in Excel, specifically in an allocation capacity
• Ideally 2-4 years experience in retail planning and allocation
• Analytical and mathematical proficiency
• Candidate should exhibit analytical thought and enjoy deep diving into data
• Ability to prioritize and handle multiple tasks with a willingness to flex schedule based on needs of business
• Experience within a multi-channel apparel and or footwear brand a plus
• Exhibit quick turnaround time on fast paced business changes

This role is hybrid with 3 days a week in our NYC office. Please confirm that you can be in our Financial District NYC office Tuesday, Wednesday and Thursday on a weekly basis.

Are you based in NYC Metro area?

Are you legally authorized to work in the United States for Faherty Brand without current or future visa sponsorship?

This includes any need for sponsorship now or later, such as:OPT (Optional Practical Training) including STEM OPT extensions, CPT (Curricular Practical Training), H-1B (including transfers from a current employer),TN, E-3, O-1, or other employment-based visa categories.

What are your salary expectations for this position? (Please format - $00.00)

Excel Expertise: How would you rate your Microsoft Office Excel skill level?

Will you now or in the future require Visa sponsorship for employment from Faherty Brand? This includes any need for sponsorship now or later, such as:OPT (Optional Practical Training) including STEM OPT extensions, CPT (Curricular Practical Training), H-1B (including transfers from a current employer),TN, E-3, O-1, or other employment-based visa categories.

We aim to pay competitively for our size and industry. The base salary range for this position is $65,000 - $80,000 USD, but we will consider location, skill level and experience to determine the final offer.

Why us you ask!

• 401(K) Plan with company match
• Incentives Program
• Commuter Options/Benefits

If you are a California resident, please review the additional privacy disclosures available in our Privacy Policy, which provides a summary of how we collect, use, disclose, and share personal information about you and explain your rights under the California Privacy Rights Act ("CPRA") in our Notice to California Residents.

A bit about us:

Founded in 2013 by Mike and Alex Faherty and Kerry Docherty, Faherty is a family-run lifestyle and apparel brand fueled by purpose and optimism. Our goal: to build a new American legacy by creating high-quality, sustainably minded, feel-good favorites that will bring you joy to wear.

We feel a deep responsibility to do things differently: to promise comfort without compromising quality. To hold ourselves to a higher standard with a lower environmental impact. To leave the world a better place than we found it.

We recognize the impact the fashion industry has on the world, and we’re dedicated to learning how to be better stewards of the planet. We believe the power of conversation and connection can make real change, and we’re committed to supporting people and organizations doing work that we believe in.

Our passionate leadership team comes from different backgrounds but share a singular goal: to deliver on our promise of comfort and craftsmanship. To work side-by-side in a collaborative, energetic, and creative