Parachute Home

Inventory Planning Manager

Parachute Home$110K — $130K *
Retail & Consumer Goods
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5+ years in inventory, merchandise, or supply planning
  • Strong grasp of inventory planning metrics like GMROI and weeks of supply
  • Advanced skills in Excel/Google Sheets for data analysis
  • Ability to shift from reporting to actionable business strategies
  • Commercial mindset balancing inventory costs and customer demands
  • Effective communicator of complex analyses to senior stakeholders
  • Proven track record of driving cross-functional initiatives
  • Experience with NetSuite or similar ERP systems preferred

Responsibilities

  • Lead and manage the company's inventory position for visibility and health
  • Analyze key inventory metrics to identify risks and opportunities
  • Develop strategies for excess and at-risk inventory reduction
  • Oversee inventory reconciliation within the S&OP process
  • Set inventory targets based on comprehensive business data
  • Collaborate with Finance and Merchandising for financial decisions
  • Drive accountability for inventory actions and track progress
  • Enhance inventory reporting tools and processes

Benefits

  • Hybrid schedule with Fridays work-from-home
  • Comprehensive medical, dental, vision, and disability coverage
  • Memberships for health, fertility, and mental wellness support
  • Flexible paid time off (PTO) policy
  • 401(k) plan with company matching
  • Employee stock options and annual bonuses
  • Generous parental leave policy
  • Catered lunches and free snacks
  • Monthly stipends for remote work and cell phones
  • Annual bedding allowance and employee discounts
  • Office designed for pet-friendliness and convenience
Full Job Description
About This Role

The Inventory Manager leads the Inventory Reconciliation process between Demand and Supply Planning as part of the Sales & Operations Planning (S&OP). You will drive total company inventory health (accuracy, timeliness, Netsuite single source of truth) working closely with Finance, Logistics, Demand and Supply Planning and ensure inventory accuracy, and smooth flow of goods. This role is highly analytical supporting weekly reporting and monthly S&OP reviews. The ideal candidate is detail-oriented, comfortable with spreadsheet-based systems, and able to translate raw data into clear, actionable reporting.
What You'll Do
  • Own the company's inventory position and provide clear visibility into inventory levels, value, location, availability and overall health across products and channels
  • Analyze inventory productivity using metrics including weeks of supply, sell-through, aging, and Gross Margin Return on Investment (GMROI) to identify risks, opportunities and areas requiring action
  • Identify excess, slow-moving and at-risk inventory and develop fact-based recommendations to improve inventory productivity and reduce exposure
  • Own inventory reconciliation between demand and supply planning as part of the Supply & Operations Planning (S&OP) process, highlighting gaps, risks and tradeoffs against the business plan
  • Establish inventory targets and ideal coverage by SKU based on demand, supply constraints, lead times and business objectives
  • Partner with Merchandising, Revenue and Finance to translate inventory insights into commercial and financial decisions, including markdowns, buys and inventory investment
  • Drive accountability around inventory actions, establishing clear owners and tracking progress from recommendation through outcome
  • Partner with Finance on inventory valuation, aging, write-off risk and period-end reconciliation across production, in-transit and warehouse inventory
  • Build and improve inventory reporting, tools and processes across NetSuite, Excel/Google Sheets and emerging planning technologies
  • Communicate inventory performance, risks and recommendations clearly to the CSCO and senior cross-functional leaders
Who You Are
  • 3-5+ years of experience in inventory planning, merchandise planning, supply planning or inventory management within a consumer, retail or ecommerce business
  • Strong understanding of inventory planning concepts and metrics including Weeks of Supply (WOS), sell-through, aging, GMROI, inventory turns and S&OP
  • Advanced Excel or Google Sheets skills, including the ability to manipulate and analyze large datasets independently (ex. pivot tables, XLOOKUP, and advanced formulas)
  • Able to move beyond reporting what happened to develop a clear point of view on what the business should do next
  • Commercially minded and able to balance inventory availability, working capital, customer demand and financial risk
  • Confident communicating complex analysis and recommendations to senior stakeholders and comfortable constructively challenging assumptions
  • Highly accountable and comfortable driving cross-functional action without direct authority
  • Comfortable operating in a fast-moving environment where processes, systems and tools are continuing to evolve
  • Experience with NetSuite or similar ERP systems strongly preferred

Perks & Benefits
  • Hybrid schedule with Fridays work-from-home
  • Comprehensive medical, dental, vision, and disability coverage
  • One Medical (full health), Kindbody (fertility health), and Talkspace (mental health) memberships
  • Open & flexible PTO
  • 401(k) plan through Empower
  • Employee stock options & annual bonus plans
  • Up to 10 weeks of paid parental leave
  • Weekly catered lunch & free snacks
  • Monthly work-from-home stipend
  • Monthly cell phone reimbursement
  • $300 annual free bedding, plus an employee discount and $250 new hire gift card
  • Beautiful HQ in Culver City, steps from the light rail
  • Dog friendly office

Compensation

The base salary range for this position will be $110,000-$130,000. Compensation may vary based on the candidate's skills, qualifications, and location. This role may be eligible for additional compensation through bonus or stock options.

About Parachute Home

Parachute Home is a direct-to-consumer bedding and bath company that offers high-quality, affordable products. The company was founded in 2014 by Ariel Kaye and is headquartered in Los Angeles, California. Parachute Home's products are made from premium materials, such as 100% long-staple Egyptian cotton and European flax linen, and are designed to be both comfortable and stylish. The company has a strong commitment to sustainability and ethical manufacturing practices, and uses eco-friendly materials and processes whenever possible. Parachute Home has been featured in numerous publications, including The New York Times, Vogue, and Architectural Digest.
Learn more about Parachute Home
Size
100 employees
Industry
Founded
2013

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