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FULLBEAUTY Brands · 1 day ago

Inventory Planner - Swim

NYC Metro Area

Full-time

Hybrid

Entry, Mid Level

$70K/yr - $85K/yr

2+ years exp

FULLBEAUTY Brands™ is the premier fashion and lifestyle destination for the plus size customer. The Inventory Planner will support strategic initiatives for item inventory plans, manage sales and inventory profit financial plans, and analyze product performance to maximize profitability while aligning with company goals.

ApparelFashionLifestyleWearables

Responsibilities

Partner with category Merchants and Inventory Planning Leader to develop plans for future seasons

Ownership of the creation of bottom-up pre-season sales, margin, AUR and inventory plans by categories, style, size and color

Responsible for running weekly, monthly and quarterly reporting and providing business updates on forecast, identifying trends, and highlighting selling that exceeds or falls short of expectations

Analyze product performance and provide insights to cross-functional partners on historical and trend performance to create seasonal assortment plans – including sales and receipts in print and digital channels

Propose pricing, markdown and promotional strategies to maximize profitability on the life of an item or category; provide pricing and margin dollar gain/loss scenarios

Determine inventory buy in alignment with demand plan and issue/amend purchase orders as needed

Develop future replenishment forecasts, continuously monitor performance and reorder to ensure appropriate in-stock inventory levels

Review top backorder and anticipated back-order items to track shipments, identify priority purchase orders and expedite with sourcing/logistics partner

Initiate actions with cross-functional partners regarding potential sales risks or opportunities and suggest changes to course of action for both current and future quarters

Prepare sales, margin and inventory forecast for monthly open-to-buy forecast meetings for current year

Qualification

Merchandise PlanningForecastingDemand PlanningAnalytical SkillsExcel ProficiencyBusiness AcumenOperational EfficiencyCollaboration SkillsCommunication Skills

Required

Bachelor's degree and 2-4 years of experience in Merchandise Planning, Forecasting, Demand Planning or other related Field required

Strong analytical skills and business acumen; ability to use data to derive critical and meaningful insights to business performance and opportunities

Experience applying business results and metrics to drive action plans that encourage growth and mitigate risks

Experience identifying areas of operational efficiency and making recommendations to resolve

Ability to develop collaborative relationships with key partners to drive quality decisions

Experience communicating business impacts to partners in formal and informal settings using written and oral methods

Ensure consistency in thought processes and best practices approach in team and with Planning Partners