Inventory Planner Role
You will be part of the Inventory Planning organization, responsible for the strategic planning of inventory positions to drive sales, manage inventory turn and meet or exceed financial targets for your area of responsibility. Inventory associates are innovators, optimizers, and problem solvers who are constantly seeking opportunities to move the business forward. You will collaborate with other business functions to support a product strategy intended to meet our customer's needs.
You are responsible for delivering a best-in-class customer experience through the strategic management of inventory for a specific product category. You will partner with the Merchandising, Sourcing, E-commerce teams and counterparts in Retail Inventory and Distribution to maximize sales and in-stocks, optimize inventory turn, and drive profitable growth.
Responsibilities
- Partner with Merchants to create pre-season, item-level sales plans that align with product rankings, merchandising strategies and tops-down financial goals.
- Design inventory strategies that balance the composition of new and core, carry-over merchandise, support in-stock and turn objectives, and fit within the bounds of departmental receipt budget.
- Determine item level order quantities and flow strategies and partner with Supply Chain Coordinator / Assistant Planner to ensure timely and accurate execution of purchase orders.
- Review catalog proofs to ensure accuracy of SKU information and appropriate representation of key-items. Recommend actions for items on or at risk of backorder.
- Own monthly forecasting of department level open-to-buy and recommend near term actions to achieve sales goals and budgeted inventory EOMs.
- Determine markdown and end-of-life disposition strategies for non-go forward products.
- Operate a computer and communicate via telephone
- Transport materials and equipment and lift, move, and carry objects up to 50 pounds on a limited basis
Criteria
Previous experience in retail merchandising or degree in merchandising preferredMinimum two years of experience in Inventory Management, preferably in e-commerceProven ability to objectively interpret data and extract actionable insights that drive the businessProficiency in retail math and experience managing a traditional open-to-buyExcellent collaboration and communication skills; comfortable addressing all levels within an organizationStrong organizational skills and ability to prioritize workload to meet deadlinesProficiency in MS ExcelAbility to work onsite in the San Francisco office Monday - Thursday and work remotely on Fridays.We Believe in People First
We firmly believe that working in a culture focused on diversity, equity, and inclusion spurs innovation, creates healthy and high-performing teams, and delivers superior customer experiences. Our DEI initiatives prompt associate participation and engagement, aligning with our core vision to reflect the communities where we do business and put people first.
Benefits Just for You
Depending on your position and your location, here are a few highlights of what you might be eligible for :
A generous discount on all Williams-Sonoma, Inc. brandsA 401(k) plan and other investment opportunitiesPaid vacations, holidays, and time off to volunteerHealth benefits, dental and vision insurance, including same-sex domestic partner benefitsTax-free commuter benefitsA wellness program that supports your physical, financial and emotional healthYour Journey in Continued Learning
In-person and online learning opportunities through WSI UniversityCross-brand and cross-function career opportunitiesResources for self-developmentAdvisor (Mentor) programCareer development workshops and learning programsSpeaker series