Inventory Manager
3 weeks ago
We are seeking a highly skilled Inventory Manager to join our team. As an Inventory Manager, you will be responsible for delivering a best-in-class customer experience through the strategic management of inventory for a specific product category.
This role will partner with the Merchandising, Sourcing, E-commerce teams and counterparts in Retail Inventory and Distribution to maximize sales and in-stocks, optimize inventory turn, and drive profitable growth.
Key Responsibilities- Partner with Merchants to create pre-season, item-level sales plans that align with product rankings, merchandising strategies, and tops-down financial goals.
- Design inventory strategies that balance the composition of new and core, carry-over merchandise, support in-stock and turn objectives, and fit within the bounds of departmental receipt budget.
- Determine item-level order quantities and flow strategies and partner with Supply Chain Coordinator/Assistant Planner to ensure timely and accurate execution of purchase orders.
- Review catalog proofs to ensure accuracy of SKU information and appropriate representation of key-items. Recommend actions for items on or at risk of backorder.
- Own monthly forecasting of department-level open-to-buy and recommend near-term actions to achieve sales goals and budgeted inventory EOMs.
- Determine markdown and end-of-life disposition strategies for non-go-forward products.
- Previous experience in retail merchandising or degree in merchandising preferred
- Minimum two years of experience in Inventory Management, preferably in e-commerce
- Proven ability to objectively interpret data and extract actionable insights that drive the business
- Proficiency in retail math and experience managing a traditional open-to-buy
- Excellent collaboration and communication skills; comfortable addressing all levels within an organization
- Strong organizational skills and ability to prioritize workload to meet deadlines
- Proficiency in MS Excel
- Ability to work onsite in the San Francisco office Monday - Thursday and work remotely on Fridays.
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