Head of Inventory Strategy
2 weeks ago
A prominent retail organization is in search of a Director of Planning & Allocation on a contract-to-hire basis to spearhead the planning and inventory strategy.
This position will be pivotal in ensuring optimal product availability, managing inventory effectively, and fostering innovative solutions in forecasting and allocation to align with the company's financial objectives.
Key Responsibilities:
1. Formulate strategic plans at various levels, including department, class, and product, to ensure alignment with financial goals and merchandising strategies across diverse channels and marketplaces.
2. Enhance inventory management through meticulous planning, purchasing, and assortment management across channels and warehouses to meet sales targets while minimizing inventory risks.
3. Supervise inventory management and allocation processes to guarantee optimal stock levels and efficient distribution across all channels.
4. Collaborate with operations and channel leaders on inventory optimization initiatives by warehouse and lead efforts in inventory rebalancing based on sales forecasts.
5. Direct and execute pricing and promotional markdown strategies to boost revenue, manage inventory proficiently, and support timely investments for key initiatives.
6. Conduct monthly Open-to-Buy (OTB) reviews and refine inventory strategies to facilitate timely investments and support critical programs.
7. Assess and integrate advanced technologies and business intelligence tools to improve forecasting accuracy and inventory management.
8. Develop strategies and tools, including dashboards, to enhance workflow execution and drive key performance indicators (KPIs).
Qualifications:
• Bachelor's degree is mandatory.
• 10-15 years of experience in merchandise planning and multi-location allocation within specialty retail.
• Proficient in tool development, visualizations, and innovative practices.
• Advanced knowledge of retail mathematics, including markup, margin planning, sales, and inventory productivity metrics.
• MBA is preferred.
• Experience in the apparel sector is advantageous.
• Background in wholesale planning is beneficial.
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Head of Inventory Strategy
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Los Angeles, California, United States VACO Full timeA prominent retail organization is in search of a Director of Planning & Allocation on a contract-to-hire basis to spearhead the planning and inventory strategy. This position will guarantee optimal product availability, oversee inventory management, and foster innovative solutions in forecasting and allocation to align with the company's financial...
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Head of Inventory Strategy
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Los Angeles, California, United States VACO Full timeA dynamic retail organization is in search of a Director of Planning & Allocation on a contract-to-hire basis to spearhead the planning and inventory management strategy. This position will focus on ensuring optimal product availability, overseeing inventory levels, and fostering innovative approaches in forecasting and allocation to meet the company's...
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Head of Inventory Strategy
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Los Angeles, California, United States VACO Full timeA prominent retail organization is in search of a Director of Planning & Allocation on a contract-to-hire basis to spearhead the planning and inventory strategy. This position will be responsible for ensuring optimal product availability, managing inventory levels, and fostering innovative solutions in forecasting and allocation to align with the company's...
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Head of Inventory Strategy
2 weeks ago
Los Angeles, California, United States VACO Full timeA prominent retail organization is in search of a Director of Planning & Allocation on a contract-to-hire basis to spearhead the planning and inventory strategy. This position will be pivotal in ensuring optimal product availability, managing stock levels, and fostering innovative approaches in forecasting and allocation to align with the company's financial...
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Los Angeles, California, United States VACO Full timeA dynamic retail organization is in search of a Director of Planning & Allocation on a contract-to-hire basis to spearhead the planning and inventory management initiatives. This position will be pivotal in ensuring product availability, overseeing inventory levels, and fostering innovative approaches in forecasting and allocation to meet the company's...
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