RH

Inventory Planner, Baby & Child

RH$80K — $95K *
US-AnywhereRemote in Corte Madera, CA
Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or 5 years relevant experience
  • Advanced Excel knowledge and quick adaptability to new systems
  • Strong analytical skills for data trend interpretation
  • Solid understanding of retail math and inventory planning
  • Ability to build effective cross-functional relationships
  • Exceptional problem-solving and critical thinking skills
  • Strong organizational and time management abilities
  • Experience in Multi-Channel planning is advantageous

Responsibilities

  • Plan inventory strategically before seasons begin
  • Analyze data for insights on opportunities and risks across product categories
  • Develop and present plans aligned with department strategies
  • Create sales plans focused on collections and SKU investments
  • Reconcile top-down and bottom-up financial plans
  • Prioritize tasks to ensure effective inventory management
  • Work closely with Merchandising on product vision and strategies
  • Forecast demand and sales at various product levels
  • Optimize inventory strategies to enhance sales opportunities
  • Calculate buying strategies and present findings to leadership
  • Manage the pipeline of goods and vendor negotiations
  • Focus on high-volume products to drive revenue and customer satisfaction

Benefits

  • Promotes pay equity based on experience and qualifications
  • Opportunities for professional growth and development
  • Collaborative work environment with cross-functional teams
  • Access to advanced analytics tools and resources
  • Engagement with diverse product lines and strategies
Full Job Description
Job Description

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.
  • Focus on top volume collection/skus to maximize in-stocks, bottom-line revenue and promise to the customer.

REQUIREMENTS
  • Bachelor's degree and/or 5 years equivalent relevant experience.
  • Advanced knowledge of Excel with aptitude to learn new systems quickly.
  • Strong analytical skills with the ability to interpret meaningful trends from quantitative and qualitative data.
  • Solid grasp of retail math and inventory planning concepts.
  • Able to maintain and build effective relationships with cross-functional team.
  • Strong problem solving and critical thinking skills with focus on driving positive results to the bottom line.
  • Possess strong organizational and time management skills.
  • Multi-Channel (Direct to consumer and brick and mortar) planning experience is a plus


At RH, we are committed to promoting pay equity. Rate of pay is determined based on each individual's experience, qualifications, and the geographic location of the role.

About RH

RH (formerly Restoration Hardware) is a luxury home furnishings retailer that offers furniture, lighting, textiles, bathware, decor, and outdoor products. The company operates through its retail galleries, source books, and websites. RH's products are designed to appeal to affluent consumers who are interested in high-end, modern home decor. The company has been expanding its product offerings and store footprint in recent years, and has also launched a hospitality business that includes restaurants and boutique hotels.
Learn more about RH
Size
5,700 employees
Market Cap
$6.1 billion
Industry
Net Income
$210 million
5 Year Trend
+12%
Revenue
$2.7 billion
NASDAQ

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