Inventory Planning Manager

Parachute Home Inc.; Los Angeles (CA); Hybrid; USD 110,000 - 130,000; Full time

Benefits offered by this job

Hybrid schedule with Fridays work-from

Comprehensive medical, dental, vision

401(k) plan with company match

Stock options & annual bonus plans

Paid parental leave

HQ Culver City

Dog friendly office

Job summary

Parachute Home Inc. is seeking an Inventory Manager to lead reconciliation between Demand and Supply Planning within the S&OP process. You will drive inventory health, accuracy and timely reporting, translating data into actionable insights for Finance, Logistics, Demand and Supply Planning.

You will own inventory targets by SKU, analyze metrics such as WOS and GMROI, and collaborate with Merchandising and Revenue to influence buys, markdowns and investments.

Qualifications

• 3–5+ years in inventory planning, merchandise planning, supply planning or inventory management.
• Advanced Excel or Google Sheets skills to manipulate large datasets (pivot tables, lookups, formulas).
• Understanding of WOS, sell-through, aging, GMROI and S&OP concepts.
• Experience with NetSuite or similar ERP systems strongly preferred.

Responsibilities

• Own the company’s inventory position and provide visibility across products and channels.
• Analyze inventory productivity using WOS, sell-through, aging and GMROI metrics.
• Identify excess or at-risk inventory and propose action plans.
• Reconcile inventory between demand and supply planning within S&OP.
• Build inventory reports using NetSuite and Excel/Sheets; present to leaders.

Skills

years of experience in inventory

advanced Excel/Google Sheets

ability to analyze large datasets

communication with senior stakeholders

commercial mindset on inventory and A&

Tools

NetSuite

Excel/Google Sheets

Job description

About Us

At Parachute we are focused on creating premium, responsibly-made home essentials that fill homes with soft landings. We believe the home is an extension of one’s self, it offers a sense of belonging and welcomes all with ease and warmth. Home is where we recharge, wash off the day and rest up for tomorrow. It is the most comforting word there is – that’s why they say there’s no place like it. The unmistakable feeling of home is what inspired us to create Parachute and we invite you to join us in helping people transform a house into a home.

We’re looking for people who are curious, accountable, and motivated to build something exceptional together. At Parachute, we value teammates who take ownership, adapt with optimism, challenge themselves to grow, and raise the bar for themselves and those around them. If you’re energized by meaningful work, high standards, and the opportunity to make a real impact, we’d love to meet you.

About This Role

The Inventory Manager leads the Inventory Reconciliation process between Demand and Supply Planning as part of the Sales & Operations Planning (S&OP). You will drive total company inventory health (accuracy, timeliness, Netsuite single source of truth) working closely with Finance, Logistics, Demand and Supply Planning and ensure inventory accuracy, and smooth flow of goods. This role is highly analytical supporting weekly reporting and monthly S&OP reviews. The ideal candidate is detail-oriented, comfortable with spreadsheet-based systems, and able to translate raw data into clear, actionable reporting.

What You’ll Do

• Own the company’s inventory position and provide clear visibility into inventory levels, value, location, availability and overall health across products and channels
• Analyze inventory productivity using metrics including weeks of supply, sell-through, aging, and Gross Margin Return on Investment (GMROI) to identify risks, opportunities and areas requiring action
• Identify excess, slow-moving and at-risk inventory and develop fact-based recommendations to improve inventory productivity and reduce exposure
• Own inventory reconciliation between demand and supply planning as part of the Supply & Operations Planning (S&OP) process, highlighting gaps, risks and tradeoffs against the business plan
• Establish inventory targets and ideal coverage by SKU based on demand, supply constraints, lead times and business objectives
• Partner with Merchandising, Revenue and Finance to translate inventory insights into commercial and financial decisions, including markdowns, buys and inventory investment
• Drive accountability around inventory actions, establishing clear owners and tracking progress from recommendation through outcome
• Partner with Finance on inventory valuation, aging, write-off risk and period-end reconciliation across production, in-transit and warehouse inventory
• Build and improve inventory reporting, tools and processes across NetSuite, Excel/Google Sheets and emerging planning technologies
• Communicate inventory performance, risks and recommendations clearly to the CSCO and senior cross-functional leaders

Who You Are

• 3-5+ years of experience in inventory planning, merchandise planning, supply planning or inventory management within a consumer, retail or ecommerce business
• Strong understanding of inventory planning concepts and metrics including Weeks of Supply (WOS), sell-through, aging, GMROI, inventory turns and S&OP
• Advanced Excel or Google Sheets skills, including the ability to manipulate and analyze large datasets independently (ex. pivot tables, XLOOKUP, and advanced formulas)
• Able to move beyond reporting what happened to develop a clear point of view on what the business should do next
• Commercially minded and able to balance inventory availability, working capital, customer demand and financial risk
• Confident communicating complex analysis and recommendations to senior stakeholders and comfortable constructively challenging assumptions
• Highly accountable and comfortable driving cross-functional action without direct authority
• Comfortable operating in a fast-moving environment where processes, systems and tools are continuing to evolve
• Experience with NetSuite or similar ERP systems strongly preferred

Perks & Benefits

• Hybrid schedule with Fridays work-from-home
• Comprehensive medical, dental, vision, and disability coverage
• One Medical (full health), Kindbody (fertility health), and Talkspace (mental health) memberships
• Open & flexible PTO
• 401(k) plan through Empower
• Employee stock options & annual bonus plans
• Up to 10 weeks of paid parental leave
• Weekly catered lunch & free snacks
• Monthly work-from-home stipend
• Monthly cell phone reimbursement
• $300 annual free bedding, plus an employee discount and $250 new hire gift card
• Beautiful HQ in Culver City, steps from the light rail
• Dog friendly office

Compensation

The base salary range for this position will be $110,000-$130,000. Compensation may vary based on the candidate’s skills, qualifications, and location. This role may be eligible for additional compensation through bonus or stock options.

Our Commitment to You

At Parachute, we value diverse perspectives and believe great ideas come from people with different backgrounds and experiences. We strive to provide a thoughtful, respectful hiring experience where candidates are evaluated based on the skills, qualifications, and experiences relevant to the role.