Inventory Planning Manager jobs in United States
cer-icon
Apply on Employer Site
company-logo

Vita Coco · 1 month ago

Inventory Planning Manager

The Vita Coco Company is a leading brand of coconut water in the United States, dedicated to creating ethical and sustainable products. They are seeking an Inventory Planning Manager to oversee stock levels, develop inventory strategies, and collaborate with logistics to ensure efficient inventory flow while minimizing costs.

Food and BeverageFood ProcessingManufacturingWater
check
Culture & Values

Responsibilities

Establish and monitor key inventory metrics, inventory turns, days of supply (DOS), and obsolescence/spoilage rates
Define and optimize safety stock levels for finished goods across all storage facilities to ensure high service levels while mitigating the risk associated with limited product shelf life
Ensure First-Expiration, First-Out (FEFO) strategy is followed across storage locations, paying special attention to inventory date codes and minimizing spoilage
Generate and maintain a rolling future on-hand inventory projection (typically 12-24 months) for all finished goods, providing proactive visibility into potential stock-outs, excess positions, or spoilage risks
Experience in generating and presenting inventory plans in monthly S&OP meetings
Manage and optimize the inter-warehouse transfer budget, ensuring cost-effective movement of goods between storage facilities to meet regional demand and manage inventory age
Develop efficient transfer plans, considering freight costs, transit times, and the urgency of the transfer due to product shelf life constraints
Regularly report on actual versus budgeted transfer expenditures, identifying opportunities for savings and efficiency improvements
Manage and monitor the flow of inventory between multiple warehousing sites
Work with Logistics to help prioritize incoming stock needed for immediate fulfillment
Coordinate with global supply team to action in market needs and avoid out of stock(OOS)
Communicate all domestic repack need to supply/co-manufacturing team to maintain optimal inventory level and avoid out of stock
Utilize our planning system and other planning tools to maintain accurate inventory records and execute planning processes
Identify opportunities to streamline and automate inventory planning processes for greater efficiency and accuracy
Develop and maintain Standard Operating Procedures (SOPs) for inventory control, counting, and spoilage management
Develop and mentor junior inventory planning team members, providing guidance on best practices, analytical tools, and strategic decision-making in a limited-shelf-life environment
Foster a collaborative and high-performing team culture focused on continuous improvement, accountability, and professional growth
Identify resource needs and participate in the hiring and training of new team members as the company scales

Qualification

Inventory PlanningSupply Chain ManagementERP SystemsLogistics CoordinationData AnalysisProcess ImprovementMicrosoft ExcelBudget ManagementSOP DevelopmentTeam LeadershipGrowth Mindset

Required

Minimum 5 years' experience in inventory planning, supply chain planning, or materials management, preferably within the beverage or CPG industry with limited-shelf-life products
Proven experience managing complex inventory challenges involving both domestic and international production
Demonstrated ability to manage and control logistics/transfer budgets and analyze associated variances
Exhibit a strong growth mindset, thriving in a fast-paced environment and viewing challenges as opportunities for innovation and improvement
Strong working knowledge of ERP systems (e.g., SAP, Anaplan, Pigment) and advanced proficiency in Microsoft Excel
Bachelor's degree in Supply Chain Management, Business, Engineering, or a related field

Preferred

Master's degree in Supply Chain Management, Business, Engineering, or a related field
CPIM/CSCP certification

Company

Vita Coco

twittertwitter
company-logo
Vita Coco produces coconut water, vita coco, clean energy drink runa, canned water, protein water, and PWR LIFT.

Funding

Current Stage
Growth Stage

Leadership Team

leader-logo
Michael Kirban
Co-Founder/Executive Chairman
linkedin
Company data provided by crunchbase