What are the responsibilities and job description for the Inventory Planner I position at Sundance Catalog?
Job Description
The Associate Inventory Planner is responsible to assist in managing profitable sell thru and inventory turns for a given season. KPI’s critical to this role are : Sales Forecast, Inventory Turns and Margin Forecast. Key partnerships include Merchandising, Inventory Operations.
Key Responsibilities
- Create and maintain item level forecasts to ensure inventory is available to satisfy customer demand.
- Analyze sales and inventory on daily, weekly, monthly and quarterly basis
- Actively work with Merchandising partners to determine chase buys, cancels & pull forward to ensure each areas profitability
- Analyzes actual product demand, trends and forecasts, and adjusts inventory plans accordingly, including size and color selling profiles
- Responsible for sales and inventory for all channels
- Effectively communicate strategic forecasts, opportunities and ad hoc analysis with Vendor Partners on an as-needed basis
- Effectively communicate pertinent information in the department regarding inventory opportunity
- Maintain inventory position to ensure optimum mix of over / under stock and a minimum of backorders.
- Proactively evaluating items in marketing to ensure adequate on hand to fulfill customer demand
- Regular, predictable attendance and punctuality are required in this role.
Qualifications