Sr Inventory Planner, Furniture

Sr Inventory Planner, Furniture - Rejuvenation

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We work very collaboratively with business partners such as sourcing, product development, buyers, and supply chain to ensure that we have the right product in the right place at the right time. The team is responsible for everything from planning the correct products, placing purchase orders, managing the product flow and order fulfillment and working with our partners to make sure we achieve sales and revenue goals.

As the Sr. Inventory Planner, you will set, direct and execute the inventory planning and management strategy for multiple product categories. You and your team of Inventory Analysts and Planners will execute all analysis, planning and purchasing in accordance with brand financial plans, working to maximize fulfillment, minimize overstocks and backorders, and achieve optimum inventory levels for all selling channels. You will create forecasts in sales, units and margin, develop strategies to drive category results and ensure that our inventory levels support future demand and meet defined inventory turn targets.

You will work in partnership with Merchandising, Sourcing, Finance, and Retail Distribution to accomplish business results in your direct oversight areas.

• Develop and oversee strategies, analysis, processes & tools (including reporting) and the team to effectively manage inventory and drive business results.
• Direct and develop the product planning for your categories, including top-down and bottom-up planning for sales, margin, unit, inventory turn and productivity, in collaboration with Merchandising.
• Manage the open-to-buy forecasting for assigned categories and determine inventory buys in support of your demand and turn goals as well as driving accuracy and achievement of forecast metrics (sales, margin, fill-rate, and inventory plan).
• Communicate and drive alignment with senior management on analysis, inventory position, actual vs forecast, and recommendations of category direction and actions.
• Develop and lead a collaborative forecasting process between Merchandising, Retail Distribution, Sourcing, and your direct team.
• Supervise and prioritize team activities in support of achieving our business results.
• Lead, develop, and mentor your direct reports.
• Identify team constraints and opportunities to drive effectiveness and be an advocate on their behalf.
• Develop and provide appropriate business analysis to support decision making, influence future purchases, and product strategies.
• Develop a smooth process flow of activities for the planning department and establish systems to support those processes. Lead the process for identifying, developing and implementing advanced planning methods to improve results.
• Provide item forecasts to the buying team to ensure raw materials/finished goods flow seamlessly through the supply chain to meet demand and minimize out-of-stocks.
• Other duties as assigned by management.
• Operate a computer and communicate via telephone and video messaging platforms.

• Minimum of 3‑5 years in forecasting and inventory management within a retail or wholesale environment. Exposure to manufacturing, logistics and distribution / fulfillment centers is a plus.
• High level of retail math acumen, including elements of markup, margin planning, open-to-buy, and inventory productivity measures.
• Proven analytical and communication abilities and thrive in a collaborative environment.
• Positive attitude and opportunity‑seeking mindset.
• Experience improving or developing next‑level processes, procedures and tools – optimization minded with a background of problem solving and implementation.
• Ability to make timely decisions, anticipate problems, and provide creative solutions.
• Good technical skills and at least intermediate level knowledge of the MS Office Suite. Strong MS Excel skills required.
• Interact well with all levels of an organization from front‑line associates to the executive level.
• Well‑organized and detail oriented.
• Can effectively deal…