What are the responsibilities and job description for the Sr Demand and Inventory Planner position at Ulta Beauty, Inc.?
OVERVIEW
Discover greater levels of performance. With over 1,300 stores throughout the U.S. and an innovative omni-channel ecosystem, Ulta Beauty is revolutionizing the beauty retail experience. Ulta Beauty is expanding its digital capabilities, opening new stores on a continual basis and re-designing existing locations with the latest design and technological advancements for heightened guest experiences. We’re not just growing, we’re thriving through consistent innovation and a bold commitment to re-imagination. If you want the opportunity to build something strategic, to take ownership of your career trajectory, to apply your passion to operational excellence, Ulta Beauty provides the kind of stability and support few organizations can match. So be curious. Be flexible. Be more than you thought possible. The future is yours at Ulta Beauty.
POSITION SUMMARY:
The Senior Inventory Demand Planner, Merchandising Data & Analytics is responsible for overseeing all aspects of demand forecast for all brands under your portfolio and lead a team to achieve the strategic and financial objectives of the enterprise. In addition, this role will serve as critical tie-in across multiple stakeholders to ensure optimal performance and end to end efficiency. By taking a lead role in enterprise projects and initiatives, you’ll enable Ulta Beauty and the MP&O department to be bigger, better, together.
CORE JOB RESPONSIBILITIES:
- Develop the full year sales construction by ensuring alignment between bottoms up SKU forecast and tops down category/season forecast within a marginal tolerance, highlighting root causes of future risks/opportunities.
- Manage and refine demand forecasts using historical sales data, market trends, and promotional activities. Tune forecasting parameters
- Partner with merchants and merchandise planning to grow and drive the business. Analyze market trends, historical data and customer/sales insights to drive the business
- Partner with FPA to provide insights into changes (sales, receipts) that impact overall financial performance and ensure decisions are made with a thorough understanding of the impact on the bottom line
- Optimize inventory levels across multiple retail locations and distribution centers to prevent stockouts and overstocking.
- Leverage data visualization tools (e.g., Power BI, Tableau) to present insights to leadership Partner with buyers, category managers, and store operations to incorporate market intelligence into forecasts.
Additional Responsibilities:
- Lead key engagements with the ability to craft a story and tell it through impactful visuals and produce alignment to actions and decisions.
- Anticipate implications of actions or decisions throughout the end-to-end planning process and proactively address as needed.
- Strategically evaluate evolving trends and recommend, lead and support the implementation of new ways of working, even in an ambiguous environment
- Being obsessed with positive customer outcomes and demonstrating the ability to define business problems, metric outcomes and how they will be measured and monitored for broad utilization across stakeholders.
- Provide data-driven recommendations to improve supply chain efficiency and financial performance.
- Identify opportunities to enhance demand planning methodologies and automation.
- Lead or contribute to system enhancements and integration projects.
- Utilize advanced analytical techniques, including predictive modeling, machine learning, and statistical analysis, to generate actionable insights.
Requirements for Consideration:
- Bachelors or Master’s degree from an accredited college with a focus on Data Science, Statistics, Business Analytics, Computer Science, or a related field. A Master’s degree or MBA is preferred.
- 7 years of demand planning, forecasting, or inventory management experience in a retail environment, with at least 1-2 years in a leadership role.
- Proven track record of driving demand planning improvements and optimizing inventory strategies, knowledge of demand forecasting models ( e.g., Time Series, Bayesian, etc.)
- Advanced proficiency in demand planning software (e.g., Manhattan – DFIO, SAP APO, O9, Blue Yonder, Kinaxis, Anaplan).
- Advanced knowledge of statistical techniques and concepts (e.g., multivariate regression, A/B tests, decision trees, etc.) and experience applying these to use cases
- Experience using statistical computer languages (e.g. Python, R) and related frameworks to manipulate data and draw insights from large data sets.
- Experience with SQL and related data access and analysis tools to mine data, identify insights, and extract features
- Excellent interpersonal, verbal, and written communication skills to communicate complex ideas to various audiences in both a technical and user-friendly language
- Demonstrated ability to work effectively both in a team environment and independently by handling multiple projects, meeting deadlines, prioritizing appropriately, and responding to issues quickly and creatively with an open and positive attitude
- Energetic and self-motivated with a strong sense of curiosity - must be extremely organized and detail oriented with an ability to make proactive recommendations
- Demonstrated ability to influence and gain credibility with team members and senior leaders.
- Hands-on experience with cloud computing platforms, preferably Google Cloud Platform
- Hands-on experience with designing, deploying, and maintaining machine learning pipelines
The pay range for this position is $100,900.00 - $136,200.00 / Year with the opportunity for eligible associates to earn additional compensation pursuant to the Company’s bonus plan. Exact pay will be based on factors including, but not limited to relevant education, qualifications, certifications, experience, level, shift, geographic location, and business and organizational needs. Full-time positions are eligible for paid time off, health, dental, vision, life and disability benefits. Part-time positions are eligible for dental, vision, life, and disability benefits. For additional information concerning our benefits, visit our Benefits and Career Development page: https://learn.bswift.com/ulta
ABOUT
At Ulta Beauty (NASDAQ: ULTA), the possibilities are beautiful. Ulta Beauty is the largest North American beauty retailer and the premier beauty destination for cosmetics, fragrance, skin care products, hair care products and salon services. We bring possibilities to life through the power of beauty each and every day in our stores and online with more than 25,000 products from approximately 500 well-established and emerging beauty brands across all categories and price points, including Ulta Beauty’s own private label. Ulta Beauty also offers a full-service salon in every store featuring—hair, skin, brow, and make-up services.
We will consider for employment all qualified applicants, including those with arrest records, conviction records, or other criminal histories, in a manner consistent with the requirements of any applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York City Fair Chance Act.
Salary : $100,900 - $136,200