INVENTORY PLANNER
: Job Details :


INVENTORY PLANNER

Bluestem Brands

Location: Brooklyn,NY, USA

Date: 2024-10-01T06:37:19Z

Job Description:

** Inventory Planner**

**Job Category****:** Inventory Planning **Requisition Number****:** INVEN002827 Showing 1 location **Job Details**

**Description**

Bluestem Brands is the parent company to five eCommerce retail brands. We have one mission: to builda dynamic retail enterprise that wins with direct-to-consumer excellence and entrepreneurial-minded employees focused on serving our customers unique needs. Our leadership is responsive and supportive, empowering those smart and passionate employees who drive our success. We are continually innovating and improving: we take risks, learn from mistakes and celebrate success as a team.

You work hard, and you deserve more than just a paycheck. Bluestem works to do whats right for employees. From the big things (great benefits, employee discounts, and incentive plans) to small touches (jeans-every-day dress code), this is the place youll want to be. And we dont just talk about work-life balance, we try to live it. Join the Bluestem Brands team to make an impact, be inspired, and be valued every day.

We are looking for an Inventory Planner to join our team. This role will be based out of our Middleton, MA office which operates in a hybrid work setting.

DUTIES AND RESPONSIBILITIES

* Creates accurate item level forecasts using Forecast 21 inventory management software and historical reporting tools.

* Uses intuition, experience, and historical knowledge to adjust and adapt forecasts and buy plans accordingly.

* Reviews and analyzes past and current business and promotions to develop a demand forecast.

* Determines and plans appropriate levels of inventory for each item after analyzing the merchandising and marketing plans of future business.

* Reconciles department level roll-up of item level plans to a departmental assortment plan.

* Subdivides item-level forecast to its color/size level forecast.

* Work with Finance Department to manage cash flow and ensure delivery of products.

* Analyze overstock situations to establish sale prices on a seasonal basis.

* Roll up each business level item/color/size forecast to a season level time-phased forecast of sales.

* Manage current and planned inventory levels to meet corporate inventory objectives.

* Develop, plan, research opportunities, and implement an optimal and achievable inventory delivery plan, including delivery timing, future purchases, locker stock, greige goods, and long-term annuity product commitments.

* Collaborate with Sourcing and Vendors to take advantage of opportunities with fabrics, component parts, and container loads to improve service and reduce minimum requirements.

* Monitor and manage inventory irregularities including over/under shipments, place holds on merchandise/fabric commitments, buy-back opportunities, and purchase order cancellations.

* Monitor daily mailing results for forecast variances and update Forecast 21 software to reflect them.

* Monitor planned and expected deliveries for early/late or assortment variance and check that corporate systems have been updated.

* Assess the impact of variances on the inventory plan and forecasts to identify surplus/deficient stock situations. Expedite, delay, cancel, or reorder inventory as necessary.

* Meet objectives related to fill rates, forecast variance, inventory turns, and inventory $/sales levels.

* Work with Merchandising to determine possible substitute items for Customer Service when out of stock situation arises

* Create and manage Purchase Orders, updating ship dates, delivery dates, and quantities as necessary

* Inform Merchandising of response or delivery variances that render planned sales unserviceable or provide additional sales opportunities.

* Performs and manages these responsibilities within a determined corporate master schedule

QUALIFICATIONS

* Bachelors degree from a four-year college or university and five to seven years related experience and/or training; or equivalent combination of education and experience.

* Advanced skills with Microsoft Excel, Access, and Word.

* Experience with Direct Techs Forecast 21 software and CWDirect a plus.

* Must be a strong communicator and representative for the Inventory team with the Information Systems department and software vendors.

#LI-PD10

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