Sr Inventory Planner, Furniture

Sr. Inventory Planner for Furniture

The Inventory Planning & Management team is responsible for building and managing merchandise financial plans that optimize for sales growth, margin and turn. We are a trusted partner to the merchandising organization, providing insight into sales trends, inventory productivity and exit strategies. We are numbers people with a passion for analyzing and synthesizing data into forecast models, constantly updating plans in reaction to sales trends.

Overview of the Sr. Inventory Planner role

As the Sr. Inventory Planner for Furniture, you manage the full inventory planning and management lifecycle for the Furniture product category. You'll start with tops-down long-range plans in collaboration with Finance and your Merchant partners, then build bottom-ups quarterly plans for the category, including new launches and exits. At the same time, you'll be managing inventory in-season, ensuring product lands on-time for launch and sells-through according to our targets.

You'll run pricing strategies for product exits and partner with marketing to help drive sales. You will be working cross-functionally with merchants, sourcing and the eCommerce and Retail channels to hit your KPIs of sales growth, maintained margin and inventory turn.

Responsibilities

• Represent your category in weekly cross-functional business reviews, communicating variances to the sales and inventory plan that impact your partners
• Participate in initial forecasts for new product development to guide sourcing strategies
• Develop 3-year plans with your merchant partners to roadmap growth opportunities
• Build quarterly Investment Review plans for the entire assortment:
  • Including carryover, newness and exits
  • Forecast sales, margin and inventory investments
• Lead the monthly Open-to-Buy meeting for your category:
  • Align with your merchant on the sales and margin forecast by category by month
  • Communicate inventory position in detail (full price, promo, clearance) and pricing recommendations
  • Request additional receipts or receipt shifts to keep inventory in alignment with the sales plan
• Build monthly "Push-Chase-Cancel" requests to optimize open inventory receipt dollars by month
• Build monthly reorder recommendations in-line with approved OTB receipts and roll-up to senior management for approval
• Run ad-hoc reporting for partners and senior management as needed
• Participate in regular process improvement discussions to facilitate continued company growth

Criteria

People First

Putting People First means investing in overall well-being and opportunities to grow and advance within the organization. Depending on the position and location, here are a few highlights of what benefits may be available:

Benefits

• A generous discount on all WSI brands
• A 401(k) plan and other investment opportunities
• Paid vacations, holidays, and time off to volunteer
• Health benefits, dental and vision insurance, including same-sex domestic partner benefits
• Tax-free commuter benefits
• A wellness program that supports your physical, financial and emotional health

Continued Learning

• In-person and online learning opportunities through WSI University
• Cross-brand and cross-function career opportunities
• Resources for self-development
• Advisor (Mentor) program
• Career development workshops, learning programs, and speaker series

WSI will not now or in the future commence an immigration case or "sponsor" an individual for this position (for example, H-1B or other employment-based immigration).

This role is not eligible for relocation assistance.

Williams-Sonoma, Inc. is an Equal Opportunity Employer. Williams-Sonoma, Inc. will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance, or other applicable state or local laws and ordinances.