Inventory Replenishment Specialist

2 weeks ago


Los Angeles, California, United States Fashion Nova Full time
ABOUT US

Fashion Nova is a forward-thinking and inclusive brand that embodies style and confidence across various demographics. Our mission is to foster positivity through our diverse range of products for women, men, curve, luxe, sport, swim, beauty, and children. We are dedicated to delivering exceptional experiences for both our customers and our team members.

At Fashion Nova, we celebrate individuality and inclusiveness, with our products embraced globally by customers, celebrities, and influencers, thanks to our talented and creative workforce.

ROLE OVERVIEW

The Inventory Replenishment Specialist will play a crucial role in maintaining our reputation for innovation and style, ensuring our customers have access to the latest trends. This position is responsible for managing the Test and Reorder model for designated categories, ensuring timely reorders of best-selling products at optimal cost and quality. The Inventory Replenishment Specialist must act swiftly to restock merchandise for our customers.

RESPONSIBILITIES
  • Develop strong vendor relationships to secure timely deliveries at the best cost and quality.
  • Communicate with vendors regarding item availability, including stock units by size and color options, incoming stock, pre-orders, and minimum order quantities (MOQs).
  • Negotiate pricing and discounts, including expedited shipping costs when necessary.
  • Present recommendations to the Planning and Buying teams.
  • Input purchase orders into the system and/or upload orders as required.
  • Advise on color and print expansions for core items and key purchases to the Vice President of Buying.
  • Suggest alternative sourcing options with other vendors if delivery issues arise.
  • Collaborate with Product Development on core programs and key items as needed.
  • Analyze sales reports to monitor the performance of reorders.
  • Oversee program buys and core items to manage inventory flow effectively.
  • Propose promotional activities to enhance sales volume when necessary.
  • Stay informed about fashion market trends and best practices in Merchandising and Buying.
ROLE REQUIREMENTS
  • Minimum of six years of experience in Replenishment, Data Analysis, or a related field.
  • Proven experience in vendor management and negotiation.
  • Product development experience is preferred.
  • A strong passion for fashion and trend analysis.
  • Demonstrated proficiency in financial analysis.
  • Experience in data analysis with the ability to provide actionable insights.
  • Proficient in Excel, capable of performing complex functions such as SUMIFS, VLOOKUPs, and pivot tables.
  • Experience in a digital or multi-brand environment is preferred.
  • Strong understanding of retail math concepts, including markup, margin planning, open-to-buy, and inventory productivity measures.
  • Ability to adapt to a fast-paced environment and manage multiple tasks effectively.
  • Results-oriented with excellent organizational skills.
  • Exceptional written and verbal communication skills.
  • A keen eye for design, trends, and color.
  • BFA or BA in Fashion Merchandising, Business, or a related field.
  • Fluency in English; additional languages are a plus.
  • This position follows a Monday to Friday schedule during core business hours and is onsite.
BENEFITS
  • Defined career advancement paths.
  • Flat management structure.
  • Manager Training Academy.
  • Creative Development Internship Program.
  • Fashion Nova Cares Program.
  • Flexible Paid Time Off (PTO).
  • Comprehensive Medical, Dental, and Vision Coverage.
  • 401k matching with immediate vesting upon eligibility.
  • Well-stocked kitchens with complimentary snacks and beverages.
  • Weekly catered lunches.
  • Summer Fridays at Headquarters.
  • Team bonding events and initiatives.
  • Employee discounts.
Fashion Nova, LLC, and its subsidiaries are committed to equal employment opportunities and strive to ensure that these principles are reflected in all aspects of our operations.

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