Inventory Management Planner
2 weeks ago
For over 60 years we have shared stories from across the globe that remind you of a time you cherish, a place you love and people who make you feel at home. We have inspired the home decorator, entertainer and gifter with our unique assortment of products sourced and designed around the world and we continue to be inspired by you. You, your authenticity, impact, and distinction drive our success and inspires us to be inclusive, collaborative, open minded, adaptable, honest, and respectful.
What You'll Do
Develop and manage departmental financial plans in support of merchandising strategies. Partner with merchandising in developing item/program/category strategies to support financial plans. Recommend and execute changes as needed to ensure profitability and productivity. Responsible for the professional development of the Inventory Management Analyst and/or Inventory Management Specialist.
Business owner of total departmental inventory and business results.
- Manage the departmental annual financial plans and the OTB at the department and category level with monthly presentation to senior management.
- Partner with Merchant on cost to assort for core schematic, seasonal shops, and guidelines and execute appropriate buys to support.
- Develop pre and in season financial plans and analysis (units, sales, and margin) at the SKU, program, collection, or category level, and order corresponding quantities.
- Develop and manage inventory plans for shops and advertising.
- Manage order flow quantities to support sales, inventory, margin, DC space plans, and turn targets.
- Develop profitable entrance and exit strategies with merchandising for new, seasonal and core replacement programs.
- Responsible for forecast accuracy.
- Develop in season pricing strategies with appropriate margin for discontinued inventories.
- Develop and manage PO generation, maintenance, and vendor communication. This includes projections, timely ordering in system based on lead times, balance between DCs, and flow for shops, guidelines, and advertised goods.
- Be an integral partner with Visual, Merchandising, Store Operations, Vendors, Distribution Centers, and E-Commerce.
- Communicate assortment plan with Inventory Management Analyst to achieve appropriate inventory optimization by store level, by developing flow strategies for all product types: core, seasonal, new, and advertised goods.
- Direct Inventory Management Analyst to allocate appropriately to support schematic, shops, and guidelines to stay within in stock and turn goals.
- Direct Inventory Management Specialist in PO generation, maintenance, and vendor communication. This includes projections, timely ordering in system based on lead times, balance between DCs, and flow for shops, guidelines, and advertised goods.
- BS or BA degree required.
- Minimum 3-5 years Retail/Catalog/Internet Planning and Distribution experience
- Previous OTB management experience required.
- Supervising experience a plus
- Excellent analytical and problem-solving skills with ability to deal with ambiguity and complexities.
- Proficient in Microsoft office products including advanced level Excel.
- Excellent ability in organization, communication, and presentation skills to influence others.
- Qualified applicants with criminal histories will be considered for employment consistent with the requirements of all applicable law.
- Work Location: Hybrid. You will spend up to 3 days per week on average at our Alameda, CA Home Office.
- Work life balance is a priority.
- Up to 30% employee discount and product sample sales
- A fun and supportive work environment where you feel welcomed and safe.
- A culture of inclusion that empowers you to be your best authentic self.
- Opportunities to make an impact through your passions.
- Wellness Programs
- Accrued Vacation, Sick Time, and Personal Holidays.
- Eligible employees offered Medical and Dental Insurance, Vision Coverage, 401(k) Savings Plan, Commuter Benefits, Employee Assistance and more.
CA Pay Range is $115K - 135K annually
#LI-LO1
#LI-Hybrid
Full time and Part time associates are eligible to participate in the Company's 401(k) retirement savings plan after three (3) months of service.
Benefits for full-time employment on the first of the month following 30 days of continuous employment include offerings for programs including Medical, Dental, Vision, Prescription Drug, Life Insurance, Flexible Spending, Commuter Benefits and Employee Assistance.
If you need reasonable accommodations to complete the on-line application, please contact the Human Resource Department:
Phone: 1-833-680-2399
Email: hrsupport@worldmarket.com
This email address is only to request reasonable accommodation for the application process due to a medical condition. If you do not need a reasonable accommodation for such reason, please use the apply button below to complete an application and upload your resume.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable laws, which depending on your location may include the Fair Credit Reporting Act, the California Fair Chance Act, the Los Angeles County Fair Chance Ordinance for Employers, and the Los Angeles City Fair Chance Act.
An Equal Opportunity Employer
It is the policy of World Market, LLC. to recruit, hire, train, promote, transfer and compensate our associates and provide all other conditions of employment including Company sponsored events without regard to race, color, creed, religion, national origin, age, sex, gender identity, genetic information, marital status, lawful alien status, sexual orientation, physical or mental disability, citizenship status, veteran status, employment status or any other basis prohibited by applicable law.
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