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Inventory Forecasting Planning Associate
Maxwood Furniture Charleston, SC
$58k-73k (estimate)
Full Time | Wholesale 3 Weeks Ago
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Maxwood Furniture is Hiring an Inventory Forecasting Planning Associate Near Charleston, SC

Description

Maxwood Overview:

Maxwood Furniture is a rapidly growing design, import, and distribution company with a selection of nationally renowned furniture brands. Since launching over two decades ago, we have grown to manufacture several distinct product lines that we sell across a variety of platforms and popular retailers including Amazon, Wayfair, Overstock, Rooms to Go, and Target.

We are seeking a new member to add to our Operations team. Are you ready to be a part of something amazing?

Position Overview:

Ecommerce channels are a fast-growing segment of our company. As Maxwood has grown, our product portfolio has become more complex. Inventory management is a critical part of our business - ensuring the right products are available at the right times in the right quantities can make the difference between success and failure.

This role is a new position in our company.

The Inventory Forecasting Planning Associate is a key member of the Maxwood Operations Team. Responsibilities include ensuring future demand is forecasted accurately and key trends are spotted early, so they can be translated into demand signals for production. The successful candidate will be working with our production and forecasting tools to ensure orders are placed on time and in full and help to evaluate new tools that can make this process better and less manual. This is a highly collaborative position – keeping our fingers on the pulse of this highly dynamic category is a team sport.

We are looking for an individual who is highly detail oriented and exceptionally organized. Excellent analytical skills, familiarity with forecasting tools and processes and the ability to work in a fast-moving, growth-oriented environment are very important.

We are a tight-knit team where the right person can make a significant impact.

Job Type: Full-time

Benefits:

  • 401(k) matching
  • Dental insurance
  • Employee assistance program
  • Employee discount
  • Flexible schedule
  • Flexible spending account
  • Health insurance
  • Life insurance
  • Vision insurance
  • Paid time off
  • Professional development assistance

Schedule:

  • 8 hour shift

Ability to Commute:

  • Daniel Island, SC 29492 (Required)

Requirements

 Primary Responsibilities: 

  • Formalize demand forecasting process and continuously monitor forecast changes. Assess the impact of forecast changes to the overall demand and production plan.
  • Perform modeling and analysis of demand forecasting and existing operations to ensure sufficient capacity is available for growth.
  • Assist in refining the existing master production schedule to meet Maxwood’s demand plan.
  • Develop and implement supplier and product strategies in collaboration with new product development team. Make recommendations for sourcing to achieve cost and lead-time objectives and ensure supply capacity is in place to support growth.
  • Assist in placing 3rd party purchase orders to replenish and maintain satisfactory in-stock positions across all our product lines.
  • Establish cost reduction processes; identify cost reduction, cost analysis and other best practice approaches to drive cost reduction.
  • Drive process improvements by implementing documented procedures where required.
  • Any other supply chain management or related tasks as assigned by supervisor.

Required Skills & Experience: 

  • Minimum 3 – 5 years of experience in planning, purchasing, or manufacturing of high-volume products.
  • Advanced skills using Microsoft Office: Excel, Access, PowerPoint, Project management software and demand forecasting related software.
  • Advanced Excel proficiency
  • Experience in supply chain functions of planning, purchasing, inventory management, and logistics.
  • Experience with planning software such as Netstock, Stock IQ or Netsuite is a plus
  • Demonstrated analytical ability. Experience with Inventory Management Systems is a plus.
  • Excellent communication and interpersonal skills required to win in a highly team focused work environment.
  • Ability to work in a fast-paced, growth-oriented environment with changing priorities.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Wholesale

SALARY

$58k-73k (estimate)

POST DATE

08/21/2024

EXPIRATION DATE

09/12/2024

WEBSITE

maxwoodfurniture.com

HEADQUARTERS

BRIDGEPORT, CT

SIZE

100 - 200

TYPE

Private

CEO

BOBBY GEORGE

REVENUE

$10M - $50M

INDUSTRY

Wholesale

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