Inventory Planning Manager
2 weeks ago
Manager of Inventory Planning
SAUSALITO, CA (HYBRID)
Serena and Lily is seeking a Manager of Inventory Planning to join our team in Sausalito, California. This position reports to the VP of Inventory Planning and helps create and drive inventory management strategies and initiatives of their categories. In this role, you will help develop business strategies to maximize the financial performance of the division including inventory planning, demand forecasting, safety stock levels, and exit strategies. You will work closely with merchandising counterparts to provide input on seasonal forecasting and align inventory strategies with product plans. You will identify opportunities and recommend new inventory control or process improvements to your planning counterparts. You will collaborate with the design, sourcing, and operations teams on inventory planning from initial conception to product introduction.
The ideal candidate is someone with a strong planning background, a strategic thinker, a collaborative cross-functional partner, and a reliable team player with leadership qualities and a growth mindset. The ideal candidate will also have strong business acumen, an impressive work ethic, advanced analytical skills, and a deep understanding of inventory management.
RESPONSIBILITIES:
- Manages inventory for multiple departments, ensuring alignment with strategic, financial, and brand objectives
- Collaborates with merchandising management partners to ensure appropriate financial and inventory plans for new and existing products
- Forecast and present monthly open to buy to the leadership team and hit divisional financial plans
- Lead team and drive inventory planning strategies for your division to maximize financial results and optimize stock levels
- Manages operational recommendations in-season and for future planning of inventory flow
- Leads weekly cross-functional meetings, driven to action points to achieve inventory plans and efficiency
- Manages information across functions, and works closely with all cross-functional partners
- Drives calendar to meet critical dates and deadlines
- Demonstrate and inspire a collaborative, innovative, and results-oriented environment with peers and cross-functional team resulting in shared best practices
REQUIREMENTS:
- Bachelor's degree
- At least 5-7 years of inventory planning or related experience
- Must be highly proficient with Excel, inventory management systems, and sales analysis
- Ability to create and present powerful and influential documents to the executive leadership team
- Possesses developed financial business acumen and deep understanding of inventory management
- Ability to think creatively to generate efficiency and problem solve
- Excellent communication skills
- Strong attention to detail
- Proven ability to achieve results in a fast-paced, dynamic environment
- Time management and organizational skills
- A love of and a commitment to high quality product and an excellent customer experience
COMPENSATION:
- $100-130k per year is theanticipated salary range. This range represents the low and high end of the anticipated base salary range for this role. The actual base pay is dependent upon many factors, such as: experience, education, and skills.
- Employees (and their families) are covered by medical, dental, vision, and basic life insurance should they choose to participate in Serena & Lily's benefits. Employees can enroll in our company's 401k plan. During the first year of employment, full-time employees accrue twenty days of PTO and seven paid holidays throughout the year.
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