Inventory Planner, Baby & Child

Responsibilities

• Pre-Season Inventory Planning
  • Analyze historical data and current trends to identify opportunities and risks by department, subclass, collection and sku.
  • Create and present department level plans that support division and department level strategies.
  • Develop and build collection and sku level sales plan with supporting investment quantities and accurate flow forecasts.
  • Manage the reconciliation of top down to bottom up financial plans.
  • Balance workload priorities to ensure successful execution of inventory management initiatives.
  • Collaborate with Merchandising to support product strategies and vision.
• In-Season Inventory Planning
  • Demand forecasting at the department, subclass, collection and sku level.
  • Forecast sales and inventory and develop strategies to maximize opportunities and mitigate risk.
  • Calculate receipt needs based on inventories and rate of sale and present buying strategies and inventory investments to senior leadership team.
  • Complete open-to-buy activities at the department and subclass level for all key metrics and present action plans during monthly OTB meetings.
  • Manage the on order pipeline of goods and negotiate flow requirements with vendors.