Inventory Planner

Pentland Brands

$90K — $100K *
Retail & Consumer Goods
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 1-3 years of experience in Supply Chain roles including inventory management and logistics.
  • Preferred experience in a fast-paced consumer products company with global sourcing operations.
  • Familiarity with inventory and replenishment planning solutions, especially SAP.
  • Bachelor's degree in business administration or supply chain preferred.
  • Proven ability to collaborate with commercial planners on inventory policies.
  • Strong communication skills to influence stakeholders at all levels.
  • Advanced proficiency in Excel for data analysis.

Responsibilities

  • Create inventory plans and targets for various product workflows according to leadership's vision.
  • Manage and revise Purchase Requisition commitments throughout production lead time.
  • Address stock-out situations by expediting products based on inventory outlook.
  • Analyze recommendations for seasonal commitments in collaboration with Business and Forecast teams.
  • Oversee bulk greige buy positioning and inventory throughout production cycles.
  • Work with planners and merchandisers to adjust plans based on demand and supply changes.
  • Segment inventory rules aligned with sales and supply chain goals.
  • Manage introduction of new items to ensure timely availability across the network.
  • Assist leadership in monthly Integrated Business Planning processes with inventory forecasts.
  • Set and manage planning parameters for inventory oversight and reporting.

Benefits

  • Competitive salary and discretionary bonus.
  • Hybrid work environment with flexible hours.
  • Generous paid time off policy.
  • Product discounts and access to sample sales.
  • Medical and healthcare support.
  • Additional work-related benefits for employee support.
Full Job Description


Key Purpose:

As our Inventory Planner, you are responsible for inventory management and development of a DC replenishment plan that satisfies demand and optimizes service vs cost objectives as defined by leadership. Your primary role is to plan inventory across core and fashion workflows, manage related planning systems (when applicable) for your portion of the business, and minimize stock excess and obsolescence. Through these actions, you will help improve the overall quality and carrying cost of the inventory while still meeting demand needs and service requirements.

Primary Responsibilities:
• Create inventory plans and targets for different product workflows (Core, Fashion, & SMU) based on strategic direction and vision of Leadership.
• Reconcile and revise Purchase Requisition commitments as needed through production lead time.
• Manage/resolve stock-out occurrences and expedite products when needed given inventory position and outlook and report on associated costs.
• Create and analyze recommendations of seasonal and SMU bulk greige commitments with Business and Forecast teams.
• Manage bulk greige buy positioning, allocation, and inventory throughout seasonal finished good production.
• Collaborate with associated planners & merchandisers to proactively manage impacts to the plan (e.g. demand changes, supply variability, etc.).
• Begin inventory segmentation rule setting aligned to both sales and supply chain objectives.
• Plan and track new item introduction across all workflows to ensure products are available to ship from across the network to meet target on-shelf dates.
• Support leadership in preparation of monthly IBP process through creation and explanation of finished goods inventory forecast.
• Based on strategic targets, managing planning parameters such as days of supply, order minimums, safety stock setting, lead time management, and maximum coverage.
• Generate reports and support performance management process in such areas as stock high/low/outs, service levels to customer, weeks of supply vs goal, etc. Achieve KPI Targets.
• Champion inventory/replenishment planning best practices and support continuous improvement in the inventory/replenishment planning and collaboration processes.

Qualifications & Experience:
  • Minimum 1-3 years in Supply Chain management roles, including: inventory & distribution planning, inventory management, operations, buying/procurement, and/or logistics/distribution.
  • Consumer products company experience preferred, especially a fast-moving, multi-channel consumer goods business with global manufacturing/sourcing.
  • 1+ year with a leading inventory/replenishment planning solution or relevant experience with similar inventory & DRP modules and SAP.
  • Bachelor's degree in business administration, supply chain, or related focus preferred.
  • Ability to proactively lead collaborative efforts with commercial planners on inventory policies and impact of forecast changes.
  • Strong communication skills with the ability to influence and inform through all levels in the global organization.
  • Strong analytical, creative problem solving, and data driven decision making skills.
  • Advanced knowledge of Spreadsheet software (Excel).

Perks & Benefits

We offer a competitive salary, discretionary bonus, hybrid working, flexible start and finish times, generous paid time off, product discounts, sample sales, medical and healthcare support plus additional benefits designed to support you at work and beyond.

You can find full details of our benefits and perks on our US Benefits page.

Locations Long Beach, California Remote status Hybrid Employment type Full-time Salary Range $90,000 - $100,000

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