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Associate, Demand & Inventory Planning

Associate, Demand & Inventory Planning

NY StaffingNew York, NY, US
16 hours ago
Job type
  • Full-time
Job description

Associate, Demand & Inventory Planning

Book of the Month is seeking an Associate, Demand & Inventory Planning to contribute to the Supply Chain team's ongoing initiatives, which will require keen eyes for detail and precision. This role will primarily assist with Inventory Management and Forecasting, but you will have the opportunity to gain exposure to other parts of Supply Chain for a lean DTC, e-commerce company. Over time, you may support the execution, monitoring, quality assurance, and reporting of operational functions within Book of the Month. The ideal candidate will be highly organized, data-driven, and eager to solve complex problems and make an impact across a variety of operational disciplines.

What You'll Do

Forecasting and Demand Planning :

  • Collaborate cross-functionally with Editorial, Customer Experience, Finance, Marketing, Engineering, and Product to forecast and anticipate inventory and demand planning requirements for membership, books, paper, non-book inventory, and new product launches.
  • Forecast, monitor and communicate labor requirements to our 3rd party fulfillment centers and SKU velocity to our warehouses to optimize fulfillment efficiency and improve SLA.
  • Update and monitor our daily demand forecast across multiple monthly cycles simultaneously in order to optimize stock levels, reduce obsolescence, and support service level goals.
  • Monitor forecast accuracy and drive continuous improvement in forecasting processes and tools.

Inventory Management :

  • Proactively monitor and oversee POs, inventory levels, forecast accuracy, inventory health, and other relevant KPIs to avert stockout and replenish inventory as needed.
  • Communicate cross-functionally to notify appropriate stakeholders of potential stockouts, preorder status, backorder status, and inbound inventory delays.
  • Develop and maintain inventory strategies to optimize stock levels, reduce obsolescence, and support service level goals.

    • Ops Planning and Reporting :

  • Lead the integrated planning process (S&OP) to align supply, demand, and operational capacity across functions.
  • Deliver actionable insights and recommendations to management and senior leadership on inventory levels, forecast accuracy, backorder rate, inventory obsolescence, and other relevant KPIs through regular reports and business reviews.
  • Work closely with Engineering and Product to build automation that improves our supply chain and overall team efficiency.

    • About You

    Bachelor's degree in supply chain, engineering, finance, or math strongly preferred. 1 - 4 years of professional experience in an analytical role requiring quantitative analysis and problem solving. Strong Excel skills are required, and proficiency in SQL + NetSuite or similar is a plus. Can read, interpret and analyze data well; demonstrated knowledge in data science, supply chain, finance, and / or logistics. Proactive and resourceful, thrives working in a fast-paced environment and highly organized with great attention to detail. Strong communication skills, both verbal and written and a proven ability to work in a highly collaborative and dynamic environment. Interested in commercial fiction and / or ecommerce. Salary Range : $75,000 - $110,000

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