Inventory Planner

Summary

The Inventory Planner drives sales and margin results by developing and managing assortment and inventory plans at the department level. This role creates pre-season plans, manages open-to-buy activities, forecasts demand and receipts, and collaborates with cross-functional teams to optimize inventory investments and achieve financial goals.

• Develop department and sku level sales plans with supporting investment quantities and flow forecasts
• Analyze historical data and current trends to identify opportunities and risks by department, subclass, collection and sku
• Manage open-to-buy activities and reconcile top down to bottom up financial plans
• Forecast sales and inventory and calculate receipt needs based on inventory and rate of sale
• Present buying strategies and inventory investments to senior leadership and during monthly OTB meetings
• Manage on order pipeline and negotiate flow requirements with vendors
• Collaborate with Merchandising to support product strategies and vision
• Focus on top volume collections and skus to maximize in-stocks and revenue
• Manage and develop team members through mentoring and onboarding activities

• 3 years of experience preferably in inventory management
• 1 year of supervisory experience preferred
• Bachelor's degree or equivalent experience
• Multi-Channel planning experience a plus
• Strong analytical skills with ability to interpret trends from quantitative and qualitative data
• Solid grasp of retail math and inventory planning concepts
• Advanced knowledge of Excel with aptitude to learn new systems quickly
• Strong problem solving and critical thinking skills focused on driving results
• Excellent organizational and time management skills