Demand Planner

4 weeks ago

Culver City, United States Pair of Thieves Full time

About the company:

Pair of Thieves is a basics brand that takes pride in creating high-quality, freshly designed, multi-functional products that get you Ready for Everything. Today, our products can be found nationwide at major retailers, high-end boutiques, department stores and online.

Job Summary:

The Demand Planner is responsible for translating data and analytics, account sales expectations, and other anticipated demand drivers into precise SKU level demand plans for their area of focus. They will create and execute inventory strategies that support these plans, total company sales and profitability goals, and inventory turn targets. In partnership with the Director, this individual will continuously track and reconcile the demand plans within their area of focus and proactively balance supply levels to ensure the company is capitalizing on opportunity and mitigating risk. This role is highly collaborative and will work diligently to coordinate cross-functional activities necessary to balance supply and demand and maintain healthy inventory levels for the entirety of a products lifecycle.

Job Responsibilities:

  • Develop, maintain, and communicate rolling 12-month demand models by account at the SKU level by utilizing historical performance, statistical modeling, marketing, and sales/retailer data. Use a collaborative approach in working with various cross functional partners (Sales, Marketing, Finance, Sourcing, Operations) to ensure that current and accurate information is incorporated into demand plans.
  • Utilize sales data, customer trends and known market conditions to model out different sell-through and demand scenarios, comparing to current demand plans to identify outliers that predict potential future risk. Share findings and determine if preemptive action should be taken to impact current Supply Chain activity.
  • Track and report on topline monthly forecast accuracy by account. Work with Sales to report on forward-looking forecasts, understanding shifts and gaps to current demand plans.
  • Develop and track inventory targets which includes setting goals and objectives, determining reorder points and required safety stock, managing supply chain lead times to support overall profitability and company goals
  • Support seasonal buy process by creating SKU level inventory plans that align with sales projections, overall inventory turns goals, and profitability expectations for area of focus. Participate in the strategy alignment review and own the timely handoff of final investment details to cross functional partners.
  • Regularly monitor SKU level inventory position against demand to identify opportunities or liabilities. Provide insight to Director and collaborate on appropriate actions to address that support overall profitability and operational goals.
  • Generate weekly/monthly/quarterly reporting for multiple levels of the organization that provides insight to various sales and inventory metrics. Including rolling 12-month inventory and purchase order projections for production planning, warehouse operations and cash flow purposes.
  • Manage execution for key programs to ensure successful on time launch through close collaboration with sourcing, operations, logistics, sales. Includes tracking on time delivery of critical POs, inventory rebalancing between warehouses, tracking rework/VAS requirements, ensuring inventory availability for supporting components (packaging, RFIDs, component SKUs)
  • Support Director in month end reconciliation of sales and inventory activity. Provide insight into deviations from sales and inventory plans and support efforts to reforecast future outcomes.
  • Ensure inventory accuracy through efficient and detailed maintenance of system inventory movements (adjustments, transfers, etc.). Develop tracking system and monthly reporting that provide insights into frequency of, and reasoning for, these movements.
  • Support department in creating and implementing new reporting that provides actionable insight and measures key performance indicators. Proactively seek out process improvement efforts within department that yield greater efficiencies and support revenue growth.
  • Support department in maintaining detailed, accurate information in ERP.
  • Assist in ad hoc reporting and analysis, as needed.

Required Qualifications & Skills (Need to Have):

  • Bachelors Degree in quantitative disciplines, supply chain or related field (or equivalent work experience)
  • 3 years of experience in demand planning, sales forecasting, and/or inventory planning and management
  • Ability to compile and analyze large, complex sets of data and translate into meaningful and actionable insight
  • Excellent analytical and scenario modeling skills
  • Highly proficient in Microsoft Office (ie Excel, Power Point, Word)
  • Fluent in complex Excel formulas and applications (vlookups, sumifs, pivot tables, index match etc)
  • Understanding of retail math calculations and application
  • Experience working in ERP software
  • Ability to work effectively and collaboratively with cross-functional teams and stakeholders
  • Ability to clearly communicate complex problems and solutions in a straightforward and digestible manner
  • Solution orientated; embraces new challenges and is comfortable with some level of ambiguity

Desired Qualifications & Skills (Nice to Have):

  • Experience servicing large retailers (Target, Walmart, etc) within the apparel industry preferred
  • Full Circle ERP experience
  • Experience planning for both Wholesale and DTC channels
  • Familiarity with S&OP process
  • Working knowledge or proficiency in a BI tool a plus

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