Inventory Planner - Rejuvenation

About the company

Williams-Sonoma

Retail · 10,001+ employees

What you'll do

• Prepare reporting for weekly cross-functional business reviews Summarize Backorder positions
• Analyze large variances to forecast and LY
• Analyze success of recent pricing action (Clearance and LTO)
• Calculate performance of new product vs plan and resulting inventory liabilities
• Participate in initial forecasts for new product development to guide sourcing strategies
• Support quarterly Investment Review planning, including:Building out the IR file and support docs
• Collaborating with merch on initial product forecasts for newness
• Suggesting potential drops for downtrending and low selling product
• Ensure margins are accurate
• Update powerpoint presentation
• Support monthly Open-to-Buy processAlign with your merchant on the sales and margin forecast by category by month
• Make updates to forecast in OFT files
• Communicate inventory position in detail (full price, promo, clearance) and pricing recommendations
• Request additional receipts or receipt shifts to keep inventory in alignment with the sales plan
• Maintain sku level forecasts in JustEnough software
• Build monthly “Push-Chase-Cancel” requests to optimize open inventory receipt dollars by month
• Build monthly reorder recommendations in-line with approved OTB receipts and roll-up to senior management for approval
• Prepare proposals of pricing actions for review and upload to AMS (or PRiMA)
• Correspond with distribution centers regarding receiving delays or lost product
• Monitor delay NLA reports (product removed from the web)
• Monitor vendor feedback in the weekly “PWR” reports and surface issues
• Audit for Ship-mode to DC mismatches
• Run ad-hoc reporting for partners and senior management as needed
• Participate in regular process improvement discussions to faciliate continued company growth
• Have a minimum of 3 years prior experience in inventory planning and management.
• Have prior experience in retail
• Are proficient with the Microsoft Office suite of products with excellent proficiency in using MS Excel.
• Have a high level of retail math acumen, including elements of markup, margin planning, open to buy, and inventory productivity measures.
• Have proven analytical, business planning skills.
• Can make timely decisions, anticipate problems and able to provide creative solutions.
• Are well-organized, detail oriented.
• Can effectively deal with ambiguity and a changing environmentAbility to perform work onsite in the Portland office full-time pending state, local, and Company return-to-work guidance during and after the COVID-19 pandemic.
• A generous discount on all Williams-Sonoma, Inc. brands
• A 401(k) plan and other investment opportunities
• Paid vacations, holidays, and time off to volunteer
• Health benefits, dental and vision insurance, including same-sex domestic partner benefits
• Tax-free commuter benefits
• A wellness program that supports your physical, financial and emotional health
• In-person and online learning opportunities through WSI University
• Cross-brand and cross-function career opportunities
• Resources for self-development
• Advisor (Mentor) program
• Career development workshops and learning programs
• Speaker series

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