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Demand and Inventory Planner
4 months ago
**Join the Flip team**:
- A social shopping app [network] redefining the online shopping experience. Born from the idea that shopping should be a communal, transparent, and enriching experience, Flip has quickly become the go-to platform for users who crave authenticity and connection in their shopping journey. At Flip, we believe in the power of real reviews, high-quality products, and a seamless shopping experience that transforms browsing into an engaging adventure. From discovery to checkout, Flip offers everything in one place, fostering a community where every purchase is a shared experience.
**Position Overview**:
**Responsibilities**:
- ** 1. Inventory Management**:
- Develop and implement inventory strategies to optimize stock levels and meet customer demand.
- Monitor inventory levels in relationship to current sales trends.
- Analyze historical sales data, market trends, seasonality and content virality to forecast future demand accurately.
- Identify slow-moving or obsolete inventory and develop strategies to minimize excess stock.
- **
2. Demand Forecasting**:
- Collaborate with buying team and vendor partners to gather insights into upcoming promotions, product launches, and marketing campaigns.
- Build and utilize forecasting models and tools to predict future demand and adjust inventory plans accordingly.
- Regularly review forecast accuracy and make adjustments as necessary to improve forecast performance.
- **
3. Performance Analysis and Reporting**:
- Generate regular reports and dashboards to track key performance indicators (KPIs) such as inventory turns, fill rates, and in-stocks.
- Conduct root cause analysis of inventory discrepancies and implement corrective actions to improve accuracy.
- Identify areas for process improvement and recommend solutions to streamline inventory management processes.
**Qualifications**:
- Bachelor's degree in business, supply chain management, or a related field.
- Minimum of three years of experience in inventory planning or supply chain management, preferably in ecommerce or social commerce.
- Proficiency in inventory management software and ERP systems (e.g., NetSuite) ideal, but not required.
- Strong analytical skills with the ability to interpret data, trends, and KPIs.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively across teams.
- Detail-oriented mindset with a focus on accuracy and efficiency.
- Advanced proficiency in Microsoft Excel or other data analysis tools.
- Ability to thrive in a fast-paced environment and adapt to changing priorities.
**Preferred Qualifications**:
- Experience with demand planning software or forecasting models.
- Knowledge of e-commerce platforms and marketplace dynamics.
$70,000 - $100,000 a year
- Base salary and total compensation will vary based on factors including but not limited to location, experience, and performance.
