Inventory Planner- Apparel Retail and Sales

Job Description

Role & responsibilities Collaboration for product life cycle within functions Demand Forecasting: Read and analysis and updating of demand forecasts Inventory Management: Understand concept and make business decision on inventory management for seasons Data Interpretation: Utilize Tableau to generate and interpret exception reports for inventory management Trend Analysis: Be part of weekly projections on moving parts for analysis on Inventory planning Performance Review: Analyze the Demand Analysis report to assess sales trends and item performance, making strategic recommendations for future media and marketing initiatives. Operational Efficiency: Review & Evaluate stock levels to provide insights on backorders, cancellations, etc. Cross-Departmental Coordination: Collaborate with the production department on reorder placements, actively monitoring purchase order (PO) shipping statuses and delivering timely updates to senior management. Backorder Management: Track and prioritize top backorder and anticipated backorder items Overstock Strategy: Identify overstocks and develop actionable strategies & inputs of promotions Liquidation Oversight: Maintain overstock disposition codes and identify end-of-season overstocks as reporting KPI Achievement: Drive efforts to meet service KPI goals related to backorders and cancellations Preferred candidate profile Ability to learn and understand demand forecasting concepts and apply knowledge on the job with strong analytical skills. Ability to effectively operate in a fast-paced, business-decision driving analytical environment. Ability to demonstrate intermediate skill level in MS Excel, including formulating pivot tables, if statements, vlookup statements, etc. Passionate about working with business partners to identify opportunities, driving business decisions with data and analysis. Proactive, self-directed, strategic, and tactical with an intellectual curiosity for analyzing and interpreting information. Strong communication skills with the ability to interact collaboratively and influence others without authority. Functional knowledge of Inventory Management principles and KPIs of OTB, sell through and inventory turn rates, COGS variance, WOS, etc. Perks and Benefits One way Cab service 5-day work week, 2 rotational days off. 24*7 Work shifts, Major US Shift.