INVENTORY PLANNER
Sausalito, CA (hybrid)
Serena & Lily is searching for a Inventory Planner for our fast-growing multi-channel retail business at our beautiful Sausalito Headquarters. 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.
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 2 years inventory management or relevant experience
- Extensive experience in Excel
- Four year college degree or equivalent experience required
- Ability to work in-office on a hybrid schedule
Compensation:
- $80k - 90K per year is theanticipated starting base pay 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-one days of PTO and seven paid holidays throughout the year.
