Inventory Planner / Senior Inventory Planner

Thuma

$80K — $110K *
Retail & Consumer Goods
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years of inventory planning or relevant planning experience
  • Extensive knowledge of Excel and inventory planning software
  • Strong analytical skills in inventory management
  • Ability to work independently and proactively
  • Desire to grow with the company in a high-growth environment
  • Comfortable in a fast-paced, dynamic setting

Responsibilities

  • Own and enhance the inventory and demand planning model
  • Forecast inventory by SKU using historical and seasonal data
  • Collaborate with Product Development on production scheduling
  • Manage vendor communication and onboarding for suppliers
  • Monitor key inventory metrics and report on performance
  • Work with finance to optimize profitability and metrics
  • Propose improvements for forecast accuracy and inventory optimization
  • Assist in transitioning to cloud-based inventory management

Benefits

  • 401(k) with company matching up to 6%
  • Comprehensive medical, dental, and vision coverage
  • 100% paid parental leave and wellness memberships
  • Participation in employee stock option plan
  • Generous paid time off and select paid holidays
  • 40% employee discount on Thuma products
  • $100 monthly stipend for cell phone use
  • Up to $150 monthly commute reimbursement
  • Complimentary product credit valued up to $3,000 upon joining
Full Job Description
Thuma is looking for an Inventory Planner to join our growing team. Reporting to the Head of Finance & Planning, this role will help design, operate and improve our inventory forecasting and purchasing model. We are looking for a candidate who has experience managing inventory purchased from a variety of vendors with varying complexities.

Thuma's Headquarters is based in the historic Presidio neighborhood of San Francisco. This is a hybrid role, and candidates should be available to come into our SF office 1 - 3 times a week.

You Will

  • Own and operate Thuma's inventory and demand planning model
  • Forecast inventory by SKU based on historical trends, seasonality impacts and other factors that impact inventory and demand
  • Partner with Thuma's Product Development team on production scheduling and forecasting for new products
  • Lead communication with key vendors and onboarding new suppliers for Thuma's growing product catalog, while tracking purchase orders from placement through delivery to the DC and monitoring receipt timing against launch and in-stock targets
  • Report on key performance metrics related to inventory - including weeks of supply on hand, turnover rate, minimum stock, etc.
  • Partner with finance to ensure target metrics are optimizing profitability and revenue
  • Propose new solutions to improve forecast accuracy and inventory optimization
  • Support the transition to a robust cloud-based inventory management tool
  • Work cross functionally on strategic initiatives, such as retail expansion, warehouse optimization, or category expansion projects.


This Might Describe You

  • 2+ years of inventory planning experience, or other planning experience such as finance, project management, or similar
  • Extensive knowledge of Excel and familiarity with software based solutions for inventory planning
  • A self-starter who is able to work independently
  • Strong analytical skills + understanding of key drivers that impact inventory planning and demand forecasting
  • Desire to grow and increase responsibility in line with Thuma's high growth strategy
  • Comfortable working in a fast-paced environment with changing priorities


Why Join Us

  • 401(k): Participation in our 401(k) program with company matching up to 6% of your contributions.
  • Benefits*: Comprehensive medical, dental, and vision coverage with generous employer contributions, 100% paid parental leave, and company-sponsored One Medical and WellHub memberships.
  • Equity: Participation in employee stock option plan.
  • Paid Time Off: We operate with a high-performance mindset and we believe healthy, happy, relaxed people do better work.
  • Time to Recharge: teams receive select paid holidays, including key company closure days, along with holiday pay when working on designated holidays.
  • Employee Discount**: 40% off almost all Thuma products.
  • Cell Phone Stipend: $100 per month to support work-related phone use.
  • Commute Reimbursement: Up to $150 per month for commuting to our office.
  • Room Upgrade: A complimentary product credit upon joining, valued at up to $3,000.

** Some exclusions may apply

* Eligibility for compensation, benefits, and perks may vary based on employment status (e.g., full-time, part-time, temporary), work schedule, and applicable holiday policies, and are subject to the terms of the relevant plans and company guidelines.

$80,000 - $110,000 a year

Thuma provides an estimate of the compensation for roles that may be hired as required by state regulations. Compensation may vary based on (a) location, as Thuma factors in specific location when benchmarking compensation for most roles; (b) individual candidate skills and qualifications; and (c) individual candidate experience.

Additionally, Thuma leverages current market data to determine compensation, so posted compensation figures are subject to change as new market data becomes available. The salary, other compensation, and benefits information is accurate as of the date of this posting. Thuma reserves the right to modify this information at any time, subject to applicable law.

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