OPEN TO FILIPINO CITIZENS WHO ARE CURRENTLY RESIDING IN THE PHILIPPINES
Position : Inventory Planner
Work Hours (Client) : M-F, 8 am to 5 pm, EST
Work Hours (MNL) : M-F, 8 pm to 5 am, Philippine Standard Time
Pay Range : $1,000-1,600 USD/month (depending on interview assessment and client's approval) Please take note that pay will be given in USD
Duties and Responsibilities:
- Develop and maintain seasonal plans from demand through to net sales, incorporating margin, returns, and transfer impacts to all channels within the company, pre-season, and in-season,
- Create and maintain item/SKU forecasts for all items within assigned divisions,
- Collaborate with the Product Management team: new item forecasts, seasonal buys, and data analysis
- Create and review weekly inventory buys
- Analyze seasonal results of key metrics providing highlights and action items
- Review product performance, recommend, and take actions on forecasts, buys, inventory balancing, chasing to fill orders, or reviewing pricing/markdowns,
- Analyze and review the life-cycle of the products, or colors, with recommendations and actions to close out items and sell-through inventory to growth opportunities,
- Create vendor projections by season and communication with vendors,
- Understand manufacturing and each vendor's capacities, lead times, MOQs, and ability to adjust production to balance inventories,
- Communicating with internal partners and external vendors
- Advocate for financial disciplines and inventory efficiency while working with the product manager and department managers,
- Collaborate with merchant partners to create optimal demand forecasts that maximize results through replenishment and align with the merchandise strategy,
- Proactively seek opportunities to drive replenishment and improve item performance
- Perform analysis and influence decision-making to improve replenishment sales and inventory results that complement the total assortment
- Maintain attributes and default settings in forecasting and item set-up tools,
- Special projects as requested
- Goals include driving demand, inventory turnover and in-stock goals, forecast accuracy, and profitability goals.
- At least 2 years of experience
- Proficiency in Microsoft Excel, including proficiency with Pivot Tables and formulas.
- Working knowledge of Microsoft Access
- Familiarity with Click Up or other project management software
- Familiarity with Promethean Planning and Budgeting or other planning software
- Strong written and verbal communication skills
- Superior problem-solving and analytical skills along with the ability to make decisions, often with limited data
- Ability to multi-task, prioritize, and adapt to changes quickly
- A high degree of attention to detail, accuracy, and quick-to-learn
- A quiet, dedicated space from which to work remotely.
- Takes initiative, positive attitude, eager to help team-mates
- Eastern time zone availability (8:00-5:00 p.m.)
- PC is required for access to our software