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Temporary Inventory Planning Analyst

FULLBEAUTY Brands · New York, New York, United States

FULL TIMEtemporary

Job Description

FULLBEAUTY Brands™ is the premier fashion and lifestyle destination for the plus size customer. We are an online and catalog marketplace offering a curated collection of the finest family of plus size brands and thousands of products.

To be considered for an interview, please make sure your application is full in line with the job specs as found below.
PRIMARY RESPONSIBILITIES:Strategic Collaboration: Partner with Inventory Control supervisors to formulate and implement comprehensive inventory strategies throughout the product lifecycle, ensuring alignment with business objectives.Demand Forecasting: Support the analysis and updating of demand forecasts by synthesizing sales history, sales rates, weeks of supply, safety stock, and quality-related issues to identify and execute improvement initiatives.Inventory Management: Support the management of in-season inventory by monitoring sales performance, inventory levels, markdown activity, and sell-through trends.Data Interpretation: Utilize Tableau to generate and interpret exception reports for inventory management and reconciliation, facilitating data-driven decision-making across the organization.Trend Analysis: Assist in developing weekly projections by monitoring sales trends across colors, sizes, and styles, and analyzing return patterns. Generate reports to help inform inventory planning and business strategies.Performance Review: Assist in reviewing demand analysis reports to evaluate sales trends and item performance, providing insights that help inform future marketing and promotional strategies.Operational Efficiency: Evaluate stock levels to provide insights on backorders, cancellations, and lost demand, ensuring optimal inventory flow and operational efficiency.Cross-Departmental Coordination: Collaborate with the production department on reorder placements, actively monitoring purchase order (PO) shipping statuses and delivering timely updates to senior management.Backorder Management: Track and prioritize top backorder and anticipated backorder items through Lognet, expediting shipments of high-priority POs with designated coordinators.Overstock Strategy: Identify overstocks and develop actionable strategies for both book and web clearance, including seasonal promotions; adjust retail pricing to optimize the sell-down of excess inventory.Liquidation Oversight: Maintain overstock disposition codes and identify end-of-season overstocks for strategic turnover to liquidation channels.KPI Achievement: Drive efforts to meet service KPI goals related to backorders and cancellations, ensuring operational excellence and enhanced customer satisfaction.
MINIMUM QUALIFICATIONS:Bachelor’s Degree, preferably in Business, Finance or Mathematics; or in lieu of a degree, relevant prior work experience in inventory management is acceptable, preferably with e-commerce and/or retail industry.Ability to understand demand forecasting concepts and apply knowledge on the job with strong analytical skills.Ability to effectively operate in a fast-paced, business-decision driving analytical environment.Functional knowledge of Inventory Management principles and KPIs of OTB, sell through and inventory turn rates, COGS variance, WOS, etc.Ability to demonstrate intermediate skill level in MS Excel, including formulating pivot tables, if statements, vlookup statements, etc.Ability to demonstrate a basic skill level in utilizing reporting/data of various Inventory Management and Business Intelligence tools, such as Tableau, to run reports online and build basic report queries.Passionate about working with business partners to identify opportunities, driving business decisions with data and analysis.Proactive, self-directed, strategic, and tactical with an intellectual curiosity for analyzing and interpreting information.Strong communication skills with the ability to interact collaboratively and influence others without authority.
FULLBEAUTY Brands™ is an Equal Opportunity Employer. xzbcwsv Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity, disability or protected veteran status.

Details

CompanyFULLBEAUTY Brands
LocationNew York, New York, United States
TypeFULL TIME
Nichegeneral
Experiencetemporary

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