What are the responsibilities and job description for the Director of Inventory Planning position at Pets + People (Fetch for Pets & Brand Buzz)?
Position Summary:
The Director of Inventory Planning will lead a team of Planners and provide analytical, organizational, and process support to drive inventory optimization. This is an impactful position for an individual who likes to solve problems and drive change in an organization. The ideal candidate is someone who is self-starting, innovative, has a dedicated work ethic, high attention to detail, and will be a flexible, logical worker who is results-driven. This role is a great opportunity to broaden your scope of work and partner with various cross-functional teams within a growing organization.
Who You Are:
· Bachelor’s degree and 8 years of experience in Demand Planning, Forecasting, Replenishment, Supply Chain or related function
· At least 5 years of management/ leadership experience
· Proven capability to build and manage highly effective, engaged teams.
· Ability to work cross-functionally across organizational boundaries
· Strong data analysis skills with ability to apply findings quickly
· Ability to mine various data sources to create a picture of current and future inventory position
· Working knowledge of the supply chain and processes as they relate to inventory
· Ability to multi-task with extreme attention to detail while working on multiple projects
· Excellent problem-solving and time management skills; ability to work independently.
· Ability to adapt to a rapidly growing environment and is forward-thinking and reactionary to the needs of the business
· Advanced MS Excel skills and capable of adapting to new systems
What You'll Do:
· Lead and develop a dynamic team of Inventory Planners
· Meet department KPIs related to margin targets, fill rates, and inventory levels
· Drive improvements in forecasting accuracy and fill rate
· Oversee demand planning and replenishment by SKU
· Forecast future supply needs and initiate proactive communications identifying short-term and long-term supplier issues.
· Collaborate with cross-functional teams (Sales, Production, Warehouse/Logistics) to drive inventory optimization
· Partner with Sales to support new customer product launches, customer pipeline orders, and promotional events
· Oversee inbound/outbound inventory; maintain ongoing communication with Production Team and factories to ensure timely and accurate supply flow
· Work with warehouse team on inventory allocations
· Manage excess/aged inventory levels
· Effectively identify and execute opportunities for increased profitability, including supplier cost negotiations, warehousing initiatives, shipping efficiencies, and monitoring low retailer margins.
· Analyze SKU productivity and identify items for discontinuation
· Investigate and timely communicate any possible risks that have significant impacts on inventory and recommend solutions/alternatives
· Key player in developing process and reports to enhance inventory planning, create operational efficiencies and support company initiatives.
· Ad-hoc analyses