Squishable · 3 weeks ago
Inventory Planning Manager
New York City, New York
Full-time
Hybrid
Mid Level
$85K/yr - $105K/yr
3+ years expSquishable is a close-knit team creating adorable plush and lifestyle products. The Inventory Planning Manager is responsible for preparing production forecasts, managing inventory levels, and collaborating with teams to ensure that production meets order demands and financial targets.
Toys
Responsibilities
Monitor inventory levels to ensure that they remain within set parameters at all times
Coordinate inventory flow-through to each retail location
Review stock-to-sales ratios and respond to changing trends to ensure plan sales
Develop plans for maintaining inventory levels, including determining how much inventory should be kept on hand and anticipating potential shortages while limiting inventory liability and maintaining high stock levels
Collaborate with vendors and the sales team to analyze current trends and production needs
Manage excess inventory and determine ways to prevent overproduction. Develop top-line, category, and SKU-level inventory plans that drive growth and adhere to financial budgets
Issue PO's accurately and on time, and work closely with Supply Chain/Ops to ensure that inbound receipts are tracked and accounted for in sales plans
Provide rolling order forecasts to suppliers and rolling receipt forecasts to Finance, making recommendations along the way to ensure financial goals are met
Provide end-of-month and ad hoc reporting and analysis of sales trends, impact on inventory needs, and liabilities to management
Identify areas of operational efficiency on an ongoing basis, driving continuous improvement of the end-to-end planning process
Forecast future inventory based on historical buys, recurring buys, and current inventory levels
Assists the Finance Department with audits, inventory control, and reconciliations
Develop policies and procedures for inventory management, including how to handle damaged goods
Recommend improvements to inventory management systems based on past results
Partner closely with the operations and internal supply chain department to ensure timely delivery to our warehouses
Manage the integrity of information related to inventory levels (Surplus/Dead/Stocked and Non Stocked)
Serve and protect the internal and external customer base with inventory-related subjects
Manages the inventory tracking system to record deliveries, shipments, and stock levels
Qualification
Required
Bachelor's degree in logistics or a relevant field
3-5 years of relevant experience in inventory control planning
Advanced Excel/modeling and presentation skills
Firm grasp of retail math and inventory concepts
Excellent communication skills to express ideas and concepts verbally, visually, and in writing
Attention to detail
Preferred
Certification in Production and Inventory Management (CPIM) or similar
NetSuite experience is a plus
New York–based candidates preferred; remote consideration available for exceptional candidates
Benefits
100% employer paid health insurance
100% employer paid short and long-term disability insurance
100% employer paid life insurance
Affordable vision and dental insurance
18 days of PTO per year, plus 2 floating holidays
401k with employer matching
Generous employee discount (hello, giant plush!)
Company
Squishable
Squishable offers nontraditional backgrounds to make adorable plush – food, animals, mythological creatures.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Zoe Fraade-Blanar
Co-Founder & CCO
Company data provided by crunchbase