Inventory Planning and Control Manager

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Job description

Inventory Planning and Control Manager needed for a contract to hire opportunity with our client in San Francisco. Position is currently remote and hybrid option will be available upon return to office.

JOB DESCRIPTION

The Inventory Planning and Control Manager is a key business partner to all cross functional internal teams and external business partners. The primary function of the IPCM is to drive sales while reducing inventory investment. This position is responsible for driving in stock to ensure adequate supply and optimization of the assortment. The role is responsible for the development and execution of processes and systems that are used to effectively manage inventory performance. This position will lead a team that will be accountable for the successful execution of planning and forecasting of inventory for Ecommerce, Wholesale partners, and Retail channels. Additionally, this position will oversee the logistical considerations for all inventory from vendors to final receipt.

• Develop and communicate comprehensive departmental inventory strategies, including alignment with multiple departments and key inventory targets.
• Collaborate with internal teams to create optimal pre-season and in-season assortment plan and inventory buy.
• Manage and support the implementation of the replenishment and inventory strategies to support assortment, merchandise, and promotional plans while achieving key metrics.
• Align with CFO for optimal inventory ownership and inventory receipt financials.
• Establish Open to Buy process.
• Create proper seasonal forecasts, curves and sell thru, execution of seasonal builds and exit strategies to maximize sales and turn.
• Supervise the production of reports, analytics, and recommendations in line with business strategy and goals, as well as present aggregated analysis, and performance reports.
• Manage the collaborative forecasting process with key vendors to manage an optimal flow of inventory, project future business volume, and drive optimal in stocks.
• Hire, train, and mentor an internal team to perform successfully.
• Lead or participate in departmental projects to improve systems or efficiencies.
• Review and communicate assortment effectiveness and productivity.
• Review and communicate margin appreciation / SKU rationalization.
• Develop pricing evaluation and price elasticity model.
• Oversee inventory accuracy including reconciliation to third party logistics partner and direct needs for cycle counts.
• Determine product allocation across channels.
• Track and document physical inventory count outcomes (both cycle and wall to wall), reconciliation and adjustments to track 3PL SLAs.

QUALIFICATIONS

• 5+ years of proven leadership and successful experience in planning, allocation, or in a retail environment.
• Bachelor's Degree or equivalent experience.
• Understanding of Inventory Management principles and systems.
• Knowledge of Merchandising Strategy, and Merchandising Operations.
• Knowledge of the Supply Chain and Merchandising Process.
• Knowledge of Distribution and Logistical considerations.
• Well versed in financial inventory metrics.
• Ability to operate both strategically and tactically in a high-energy, fast-paced environment.
• Superior analytical skills, with ability to dive in and quickly understand root cause and identify scalable solutions.
• Excellent business judgment, strong written and oral communication skills, and a practical, common-sense approach to getting things done.
• High degree of organization and ability to manage multiple, competing priorities simultaneously.
• Ability to analyze and provide recommendations to drive sales and maximize inventory potential.
• A strong sense of ownership over work and results.
• Communicates effectively with all levels of the organization.
• Excellent interpersonal and communication skills.
• Experience and high level of proficiency with Microsoft Office, Excel, and PowerPoint. Net Suite experience a plus.

Platinum Resource Group is a professional level consulting firm, providing resources to Fortune 1000 client companies in the areas of technology, human resources, accounting, finance, business systems and supply chain, on a contract and interim basis. PRG has operations in Orange County, San Diego, Los Angeles, and San Francisco. As a W-2 employer we offer our consultants direct deposit bi-weekly payroll, health, dental, vision benefits, paid holidays, and referral bonuses.

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