Inventory Planner
2 weeks ago
At Duluth Trading Company, we're seeking a highly skilled Inventory Planner to join our team. As an Inventory Planner, you will be responsible for developing and implementing allocation and replenishment strategies for assigned merchandise categories across all retail locations.
Key Responsibilities:
- Develop and implement allocation and replenishment strategies for assigned merchandise categories
- Manage flow of inventory throughout the product life cycle from initial allocation through to daily replenishment review process
- Create and execute new store opening assortment allocations based on store-specific sales plans and capacity requirements
- Analyze and identify selling trends, acting to maximize selling potential and minimize risk to inventory objectives and profitability
- Responsible for creation and maintenance of weekly and ad hoc reports to analyze and react to store-level inventory needs
- Identify and implement strategies to support inventory levels for key promotional and peak selling periods
- Monitors late product and communicates impact to floorset to Visual, Inventory, and Store partners
- Manage end of season transfer process including quantifying transfer proposals and communication to stores
- Evaluate and maximize system capabilities to further enhance allocation/replenishment tools and effectiveness
- Develop and foster strong cross-functional partnerships with Merchandise Planners, Merchandise Managers, Visual, and DC – Retail Operations
Requirements:
- Bachelor's Degree and 5 years of allocation/replenishment experience
- Financial and Business Acumen: Ability to evaluate financial and business indicators and translate data into actionable information to drive results; requires proficiency in retail math
- Problem Solving & Decision Quality: Able to use logic and methods to solve problems and recommend effective solutions, including allocation/replenishment strategies
- Influencing & Negotiation: Can present ideas and directions at all levels of the organization that lead and influence others to action
- Systems and tools Acumen: Proven strong Allocation/Replenishment systems knowledge (such as: Blue Yonder, Manhattan, SAP, JDA) and advanced Microsoft Excel skills
- Collaborations: Able to build constructive and effective relationships with cross-functional partners
- Project management skills: Ability to balance forward-looking and day-to-day, along with leading projects and change management
- Leadership Skills: Ability to guide team to action
- Possess strong organizational and time management skills, along with strong written and oral communication skills
- Ability to clearly and concisely identify and summarize complex problems or issues, identify, implement, and hindsight solutions
- High level of analytical thinking and attention to detail with a strong sense of ownership and follow-through skills
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