Inventory Planner - Forecasting & Replenishment Pro

KDS Strategic Search Group; Roselle (NJ); On-site; USD 65,000 - 90,000; Full time

Job summary

KDS Strategic Search Group in Roselle, NJ is seeking an experienced Inventory Planner to manage inventory planning, forecasting, and replenishment across a large product assortment.

You will analyze historical sales, trends, and open orders to forecast demand and determine reorder quantities, while keeping stock levels balanced to avoid shortages and excess. This on-site, full-time role requires 3–6 years of experience and strong Excel skills.

Qualifications

• 3+ years of experience in inventory planning, demand planning, replenishment, merchandise planning, or a similar analytical role.
• Strong Excel skills are essential.
• Strong analytical and forecasting ability.
• Experience managing a large number of SKUs.
• Experience with imported consumer products, wholesale, retail, apparel, or licensed merchandise is strongly preferred.

Responsibilities

• Analyze historical sales, current sales trends, open orders, and inventory levels to forecast future demand.
• Recommend what products need to be reordered, when they should be reordered, and in what quantities.
• Maintain appropriate inventory levels while preventing both stockouts and excess inventory.
• Plan inventory around seasonal demand, sports seasons, new product launches, and major customer programs.
• Monitor inventory by SKU, team, license, product category, and customer.
• Identify fast-selling products that require immediate replenishment.
• Identify slow-moving and excess inventory and recommend appropriate action.
• Account for overseas production and shipping lead times when developing purchasing recommendations.
• Work closely with Sales, Production, Purchasing, and Management to understand upcoming programs and anticipated demand.
• Review inventory and replenishment needs on a regular basis and provide management with clear, actionable recommendations.
• Track inventory performance and continuously improve forecasting accuracy.
• Help establish appropriate safety-stock and reorder levels for key products.
• Analyze new product inventory needs where limited historical sales information is available.

Skills

Excel

Forecasting

Inventory planning

Data analysis

ERP systems

Attention to detail

Tools

ERP systems

Excel dashboards

Job description

KDS Strategic Search Group in Roselle, NJ is seeking an experienced Inventory Planner to manage inventory planning, forecasting, and replenishment across a large product assortment.

You will analyze historical sales, trends, and open orders to forecast demand and determine reorder quantities, while keeping stock levels balanced to avoid shortages and excess. This on-site, full-time role requires 3–6 years of experience and strong Excel skills.