Job DescriptionOverview of the Senior Inventory Planner roleThe Sr. Inventory Planner, Retail is responsible for delivering a best-in-class customer experience through the strategic management of inventory for a high-volume product category within the retail channel. This role will partner with the Merchandising, Sourcing, and Distribution teams to maximize sales and in-stocks, optimize inventory turn, and drive profitable growth.
Responsibilities- Partner with Merchants to create pre-season, item-level sales plans that align with product rankings, merchandising strategies and tops-down financial goals.
- Design inventory strategies that balance the composition of new and core, carry-over merchandise, support in-stock and turn objectives, and fit within the bounds of departmental receipt budget.
- Determine item level order quantities and flow strategies and partner with Supply Chain Analyst to ensure timely and accurate execution of purchase orders.
- Leverage historical data to identify key learnings around product, pricing, and inventory and apply learnings to future seasons.
- Review visual floor sets to ensure appropriate representation of key-items and determine appropriate presentation minimums and safety stock requirements
- Own monthly forecasting of department level open-to-buy and recommend near term actions to achieve sales goals and budgeted inventory EOMs.
- Determine markdown and end-of-life disposition strategies for non-go forward products.
- Operate a computer and communicate via telephone
- Transport materials and equipment and lift, move, and carry objects up to 50 pounds on a limited basis
Criteria- Data driven individual with a curious, entrepreneurial mindset.
- Minimum three years of experience in Inventory Management, preferably in retail channel
- Experience directly managing or mentoring one or more team members
- Proven ability to objectively interpret data and extract actionable insights that drive the business
- Proficiency in retail math and experience managing a traditional open-to-buy
- Excellent collaboration and communication skills; comfortable addressing all levels within an organization
- Flexible and adaptive to changing priorities
- Strong organizational skills and ability to prioritize workload to meet deadlines
- This role is onsite at our San Francisco office Monday-Thursday and optional work from home on Fridays
Benefits Just for YouDepending on your position and your location, here are a few highlights of what you might be eligible for:
- A generous discount on all Williams-Sonoma, Inc. brands
- A 401(k) plan and other investment opportunities
- Paid vacations, holidays, and time off to volunteer
- Health benefits, dental and vision insurance, including same-sex domestic partner benefits
- Tax-free commuter benefits
- A wellness program that supports your physical, financial and emotional health
Your Journey in Continued Learning- In-person and online learning opportunities through WSI University
- Cross-brand and cross-function career opportunities
- Resources for self-development
- Advisor (Mentor) program
- Career development workshops and learning programs
- Speaker series
This role is not eligible for relocation assistance.
The expected starting pay rate for this position is $86,000-105,000. Applicable pay ranges may differ across markets. Actual pay will be determined based on experience and other job-related factors permitted by law. In addition to competitive pay, compensation may include a variety of other components like benefits, paid time off, merit, and bonus opportunities.
