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Inventory Management Specialist
2 months ago
Company Overview
The Honest Company, Inc. is a forward-thinking consumer products organization dedicated to creating safe and effective personal care, beauty, baby, and household products. Our mission is to inspire individuals to live consciously, underpinned by our core values of transparency, trust, and sustainability.
Position Summary
We are currently seeking an Inventory Management Specialist to join our dynamic Operations team. This role is ideal for an analytical thinker who thrives in a collaborative environment. You will engage with various departments including Sales, Product Development, Demand Planning, and Sourcing to enhance our inventory strategies.
Key Responsibilities
- Manage inventory replenishment for diverse product lines.
- Provide essential supply planning insights and recommendations.
- Utilize customer forecasts to formulate replenishment strategies for our manufacturing partners.
- Analyze purchasing decisions with operational and financial implications in mind.
- Generate purchase orders and maintain accurate reporting.
- Foster strong relationships with suppliers to ensure timely production and delivery.
- Collaborate with cross-functional teams to support new product launches and packaging initiatives.
- Optimize inventory levels across multiple distribution centers to align with customer and operational goals.
- Work closely with the Distribution Center team to uphold inventory accuracy.
- Address supply chain challenges to minimize disruptions in service.
- Partner with Accounting for inventory reconciliation and adjustments.
- Collaborate with Finance on inventory cash flow projections.
Ideal Candidate Profile
You will excel in this role if you are:
- A proactive collaborator who enjoys working with teams.
- Skilled at managing multiple priorities effectively.
- A strategic problem solver with strong project management capabilities.
- Adaptable and eager to take on new challenges.
Qualifications
- 2-5 years of experience in Supply Planning or related fields.
- Strong analytical skills with a background in corporate planning or finance.
- Proficient in advanced Excel functions.
- Experience in driving lead-time reduction initiatives.
- Familiarity with inventory management practices in new product development.
- Previous experience in consumer packaged goods or wholesale is preferred.
Compensation and Benefits
The compensation for this position is competitive and based on experience and qualifications. Our comprehensive benefits package includes health coverage, a retirement plan, wellness incentives, and generous leave policies.