Trainee, Demand Planning

**Trainee**, **Demand Planning** **Who We Are**: Saks is a world-renowned luxury ecommerce destination. The company’s unique approach combines a focus on the digital customer experience with a strong connection to a network of extraordinary stores that extends that seamless experience into the real world. On its website and app, Saks offers an unparalleled selection of curated merchandise across fashion for women and men, beauty, jewelry, home décor and more. In addition to the shopping experience, customers come to Saks for inspiring editorial content, access to digital stylists, lifestyle experiences and other world-class services. The company is currently in the midst of a dramatic expansion, driven by significant enhancements to its platforms and offerings, with the goal of becoming the preeminent destination for luxury internationally. **Role Summary**: Reports to Manager - Demand Planning. Works closely with Merchandising Planning, Buying teams in North America and other teams as necessary. **Key Qualifications**: - Graduate/PG with 0 to 1 years of relevant work experience. Preference will be work experience in retail industry with working knowledge in supply chain - Analytical, Advanced excel, problem solving skills and knowledge on forecasting - Data management and interpretation using statistical concepts - Strong planning and operational skills - Ability to communicate clearly and effectively - Proficiency in excel and good knowledge of other MS Office tools - Ability to work well with others and contribute to a positive environment. - Highly motivated and committed to the development of high-quality work - SQL and VBA Macros knowledge will be a plus **Role Description**: - Core execution: Creating accurate reports for the assigned business area - Collaborate with Planners and Buyers to manage Replenishment inventory through accurate forecasting and rectifying all relevant components to achieve department in stock goals. - Has the concept/grasp of Stock-store Minimums/Presentation minimum, Maximums, Safety stock, Review Time, Lead time, Store to store transfers etc. - Stock Balancing : Maintain in-stock goals through effective product distribution. Analyze sales history and trends to maximize sales potential by developing allocation strategies that maintain proper store inventory levels. - Historical Analysis: Analyze and summarize business performance of product categories, monitor sales, inventory, margin and other factors affecting In-stocks & profitability. - Operation: End to end ownership of categories. Ownership of business and operational metrics. - Execute Strategies: Execute strategies to drive supply chain initiates to support alternative forms of fulfillment - Communication: Ensure timely and proactive communication with key stakeholders **Your Life and Career at Saks**: - Exposure to rewarding career advancement opportunities - A culture that promotes a healthy, fulfilling work/life balance - Benefits package for all eligible full-time employees (including medical, vision and dental). **Job Qualifications**: - HBC provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, HBC complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training._ - HBC welcomes all applicants for this position. Should you be individually selected to participate in an assessment or selection process, accommodations are available upon request in relation to the materials or processes to be used._