Serena & Lily is searching for a Inventory Planner for our fast-growing multi-channel retail business at our beautiful Sausalito Headquarters location. Planners are responsible for the generation and management of Serena and Lily's product forecasts and managing inventory. You will interact on a regular basis with Merchandising and Sourcing to manage the strategic financial plans by category. Other responsibilities include analyzing historical product performance and current business trends to support seasonal merchandise/assortment planning and identifying risk and opportunities by category; conducting in-season performance tracking, reporting, and analysis; and managing processes to meet inventory and fulfillment goals.
Essential Duties & Responsibilities:
Oversee the Instock function including ordering, capacity management, instock rates, unhealthy inventory, and reporting.
Manage sales, gross margin, receipts and inventory to achieve company's financial goals
Forecast and present monthly open to buy to the leadership team and hit divisional financial plans
Develop, execute and communicate color and size plans and inventory buys that support the merchandising, marketing and financial objectives and strategies of a category
Collaborate with merchant team to create item level forecasts that align to our pre-season strategies
Work with sourcing and merchant teams to manage backorders and achieve in stock goals
Analyze historical data and current trends to identify risks and maximize sales
Manage product life-cycle with profitable clearance strategies
Support a collaborative, innovative, and results-oriented environment with peers and cross-functional team resulting in shared best practices
Core Competencies:
Demonstrate strong analytical and problem solving skills
Possesses a clear understanding of financial measurements which could include: sales, gross margin, gross margin return on investment, weeks on hand, weeks of supply, etc. and how to positively impact these metrics
Demonstrate strong presentation skills. Ability to synthesize large amounts of data into conclusions and recommendations in oral and written formats
Collaborates with peers and cross functional partners to share best practices and develop strategic knowledge
Flexible and energized to work in a fast changing environment
Results focused
Qualifications:
Minimum 4 years inventory management experience
Extensive experience in Excel
Four year college degree or equivalent experience required
Ability to work in-office on a hybrid schedule (at least two days a week)
Compensation:
$70 -75K per year is the anticipated starting base pay for this role. This range represents the low and high end of the anticipated base salary range for this role. The actual base pay is dependent upon many factors, such as: experience, education, and skills.
Employees (and their families) are covered by medical, dental, vision, and basic life insurance should they choose to participate in Serena & Lily's benefits. Employees can enroll in our company's 401k plan. During the first year of employment, full-time employees accrue twenty days of PTO and seven paid holidays throughout the year.