FIGS

Inventory Planning - Senior Planner and Allocator, Community Hubs (Retail)

FIGS$85K — $100K *
Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years experience in inventory planning, preferably at an omni level
  • Bachelor's degree in mathematics, economics, statistics, or finance preferred
  • Exceptional analytical and problem-solving abilities
  • High attention to detail
  • Strong verbal and written communication skills
  • Ability to manage multiple projects effectively
  • Proficient in Excel, Google Sheets, and Microsoft Office.

Responsibilities

  • Collaborate with Merchandising and Retail Operations for tailored store assortments
  • Oversee store inventory for service level maintenance and obsolescence reduction
  • Participate in reporting and meetings for strategic assortment planning
  • Enhance tools and processes to facilitate retail expansion
  • Work with the Director of Inventory Planning on future buying evaluations
  • Assist in quarterly reviews of merchandising assortments
  • Coordinate RTV communications for new launches
  • Foster strong cross-functional team relationships
  • Optimize in-stock levels through regular inventory assessments.

Benefits

  • Discounted stock purchase through the FIGS Employee Stock Purchase Plan
  • Comprehensive health benefits including medical, dental, and vision coverage
  • 401(k) with company match up to 6%
  • Robust paid time off including flexible vacation and additional company holidays
  • Parental leave and support for primary caregivers
  • Company-sponsored Uber Eats vouchers during in-office weeks
  • 50% discount on FIGS products, with a shareable 25% discount for family and friends
  • Discounted pet care options including daycare and insurance.
Full Job Description
What you'll do:
  • Work closely with Merchandising and Retail Operations to build store specific assortments that cater to each store's demographics and size profiles.
  • Manage store level inventory to maintain healthy service levels, while also mitigating obsolescence.
  • Contribute to weekly and monthly reporting and hindsight meetings that drive future assortment and buying decisions for retail locations
  • Build and expand on existing tools and processes to support retail expansion. .
  • Work alongside the Director of Inventory Planning to evaluate future buys and optimize the tools and templates required for robust decision-making.
  • Support the Merchandising team in our series of quarterly assortment and investment review meetings.
  • Plan and communicate RTV's with the store teams to prep for each new launch.
  • Develop strong cross-functional relationships to foster collaboration between teams.
  • Optimize and communicate In-Stock levels in stores through weekly and bi-weekly replenishments.

Requirements:
  • 5+ years experience in a role focused on inventory planning - ideally omni level.
  • Bachelor's degree in a related field such as mathematics, economics, statistics, finance preferred
  • Superb analytical and problem-solving skills
  • Extremely high attention to detail
  • Outstanding communication verbal and written skills
  • Proven ability to manage various projects while staying on-track with deliverables and communications.
  • Highly proficient in Excel, Google Sheets
  • Proficient Microsoft Office (PowerPoint, Word) and Google Suite (Google Slides, Google Docs)

Nice to haves:
  • Experience with data visualization tools (Looker, Tableau, Google Data Studio, etc.)

Other must haves:
  • A strong team player with a positive, go-getter attitude!
  • Creative, concise thinker
  • Proven work ethic and integrity
  • Confident and proactive
  • Ability to work independently in a fast paced, deadline driven environment
  • Entrepreneurial mindset
  • Desire to excel and grow with FIGS
  • 100% Awesome. Like our scrubs.

FIGS Compensation and Benefits

Pay Range
  • At FIGS, your base salary is one part of your total compensation package. This role's base salary range is between $85,000 and $100,000. Actual base salary is determined based on a number of factors, including but not limited to your relevant skills, qualifications, and years of experience.

Additional Compensation and Benefits
  • Equity: FIGS provides a discount when purchasing FIGS stock voluntarily through our FIGS Employee Stock Purchase Plan
  • Other compensation and benefits offered include:
    • Comprehensive benefits and perks package focused on your well-being, including premium medical, dental and vision coverage, and full access to wellness services through Breethe and Classpass. 100% FIGS-sponsored life insurance and disability insurance
    • Amazing 401(k) program, with a company match up to the first 6% of your contribution
    • Generous paid time off - We have 12 company holidays. For salaried team members, we offer flexible vacation. For our hourly team members, we offer up to 3 weeks of accrued vacation
    • Meaningful time away for baby bonding, including parental leave, new parent care meals, and a transition back to work for primary caregivers
    • FIGS sponsored Uber Eats voucher for in-office weeks
    • Personalized discount code for 50% off all FIGS products, along with a separate code to share with family and friends to enjoy a 25% discount site-wide
    • Access to FIGS Vet, Discounted Pet Daycare, Discounted Pet Insurance, and so much more...

*Benefits eligibility is determined by hour requirements and length of service

About FIGS

FIGS is a medical apparel company that designs and sells scrubs, lab coats, and other medical uniforms. The company was founded in 2013 by Heather Hasson and Trina Spear, who were frustrated with the lack of stylish and functional medical apparel available on the market. FIGS uses high-quality, antimicrobial fabrics and incorporates features like pockets and stretchy material to make their products more comfortable and functional for healthcare professionals. The company has a strong social media presence and has been recognized for its innovative approach to medical apparel.
Learn more about FIGS
Size
1,000 employees
Market Cap
$1.1 billion
Industry
Founded
2013
NASDAQ

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