Job Description
Inventory Planner
About the role
We are seeking a highly skilled and detail-oriented
Inventory Planner to join the Lacoste USA Outlet team. In this role, you will
oversee the inventory, allocation and replenishment of our seasonal, basic, and
transfer assortment, ensuring that the right products are available in the
right quantities, at the right time, to support business objectives and
customer needs. The Inventory Planner will work closely with the merchandise
planning team, buying and Outlet business leads to maximize stock efficiencies
by crafting the total allocation needs for the business. They also need to
ensure proper inventory management between the 3PL’s with optimization of stock
to maximize sales.
ESSENTIAL JOB DUTIES
• Responsible and accountable for the inventory forecast
(inbound and outbound), Inventory analysis and budget planning in close
partnership with the Planning, Operations, Finance, and Merchandising teams.
• Design, produce, and enhance reporting, dashboards, and
tools for cross functional team pertaining to inventory and allocation,
identifying opportunities for standardization and automation of processes and
leveraging best practices from cross-functional and global teams.
• Create and maintain all allocation reporting including, but
not limited to: Sales to Stock, Allocation recaps, Store Capacity report,
In-bound tracker, high turn styles, core replenishment, MOH etc.
• Monitor stock levels, sales performance, historical data,
market leader feedback and emerging trends to drive allocation plans at weekly
level leading up to a rolling forecast for 3PL’s
• Maximize and identify inventory opportunities through
transfers within channels and across regions, including 3rd party sell offs.
• Seasonally develop key allocation strategies and approaches
to the business that will help drive sell through and top-side sales by
partnering closely with Regional Directors, Merchandise Planning, and Buying
team
• Partner with planning to maximize pricing and promo strategy
to maximize gross and net margin
• Partner closely with 3PL team - Logistics/Operations and
Order Fulfillment to streamline the allocation function to maximize efficiency
and profitability.
• Responsible for all special project allocations including
collaborations, events, and new store openings
• Complete initial and replenishment allocations as needed
Profile
SKILLS AND EXPERIENCE
- Minimum of 5-7 years’ experience in Allocation, in both big and small door companies
- Strong cross-functional partnership skills, highly detail-oriented and organized
- Microsoft Excel and PowerPoint expertise: must be able to analyze large volumes of data in excel and be able to distill analysis into digestible presentations
- Four year college degree
CORE COMPETANCIES
- Initiative: Actively strives to achieve goals beyond the minimum level of performance. A self-starter who has the ability to work well without close supervision.
- Mathematical: Must be proficient working with numbers to ensure correctness of date produced when compiling large volumes of data on a spreadsheet for analysis.
- Analytical: Must be able to identify and react to business trends in various markets.
- Organized: Must be able to develop a system that will enable you to gather and retrieve information quickly.
- Communication: Able to communicate clearly and productively with various business partners to foster open communication and to establish good working relationships within the business.
Core Values and Traits:
Play as One Team:
- Showing respect towards everyone
- Commitment for the team’s work and
decisions
Play with Elegance:
- Striving for excellence
- Treating others with fair play and
humility
Play by Daring:
• Having the courage to speak up,
experiment and take initiative
• To explore new opportunities
Play with Tenacity:
• Constantly seek continuous
improvement
• Learning from our failures
At Lacoste, we’re committed to building the best
team we can. We hire for potential and support every team member through each
step of their career development. Building a diverse, equitable, and inclusive
space for our team to think differently and push the status quo is incredibly
important to us; and we strive to use these guiding principles as the
foundation for how we interact with each other, how we build our business, and
how we hold ourselves accountable to our core values.
Equal Opportunity Employer:
At Lacoste, we’re committed to providing equal
opportunities (EEO) to all employees and applicants for employment regardless
of their race, color, religion, creed, gender/sex, sexual orientation, gender
identity and expression, national origin, ancestry, citizenship status, age,
disability, genetic information, marital status, pregnancy, military status,
veteran status, and/or any other characteristic protected by applicable
federal, state, and local laws.
Skills
EXCEL
POWERPOINT
Job Tags
Seasonal work, Local area