Inventory Planner

2 weeks ago

delhi, India Activate Talent Full time
Key Areas of Responsibility:Develop and maintain seasonal forecasting plans from demand through to net sales, incorporatingMargin, returns and transfer impacts to all channels within the company, pre-season and in-season,Create and maintain item/SKU forecasts for all items within assigned divisions,Collaborate with the Product Management team: new item forecasts, seasonal buys and data analysisCreate and review weekly inventory buysAnalyze seasonal results of key metrics providing highlights and action itemsReview product performance, recommend, and take actions on forecasts, buys, inventory balancing, chasing to fill orders, or reviewing pricing/markdowns,Analyze and review life-cycle of the products, or colors, with recommendations and actions to closeout items and sell-through inventory to growth opportunities,Create vendor projections by season and communication with vendors,Understand manufacturing and each vendors capacities, lead times, MOQs and ability to adjust production to balance inventories,Communicating with internal partners and external vendorsAdvocate for financial disciplines and inventory efficiency while working with the product manager and department managers,Collaborate with merchant partners to create optimal demand forecasts that maximize results through replenishment and align with the merchandise strategy,Proactively seek opportunities to drive replenishment and improve item performancePerform analysis and influence decision-making to improve replenishment sales and inventory result that complement the total assortmentMaintain attributes and default settings in forecasting and item set-up tools,Special projects as requestedGoals include driving demand, inventory turnover and in-stock goals, forecast accuracy, and profitability goals.
RequirementsStrong written and verbal communication skillsSuperior problem solving and analytical skills along with the ability to make decisions, with limited dataeCommerce Retail experience in seasonal planning, forecasting, buying and inventory balancingAbility to multi-task, prioritize, and adapt to changes quicklyHigh degree of attention to detail, accuracy and quick to learnProficiency in Microsoft Excel, including proficiency with Pivot Tables and formulas.Working knowledge of Microsoft Access, Excel, Power BI,Familiarity with Click Up or other project management softwareFamiliarity with Promethean Planning and Budgeting or other planning softwareA quiet, dedicated space from which to work remotely.Takes initiative, positive attitude, eager to help team-matesEastern time zone availability (8:00-5:00 p.m.)PC required for access to our software

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