Demand Planner/Inventory Planner

Pair of Thieves is a basics brand that takes pride in creating high-quality, freshly designed, multi-functional products that get you “Ready for Everything.” Today, our products can be found nationwide at major retailers, high-end boutiques, and department stores.

About the Job:

The Demand Planner is responsible for translating data and analytics, account sales expectations, and other anticipated demand drivers into precise SKU level demand plans for their area of focus. They will create and execute inventory strategies that support these plans, total company sales and profitability goals, and inventory turn targets. In partnership with the Director, this individual will continuously track and reconcile the demand plans within their area of focus and proactively balance supply levels to ensure the company is capitalizing on opportunity and mitigating risk. This role is highly collaborative and will work diligently to coordinate cross-functional activities necessary to balance supply and demand and maintain healthy inventory levels for the entirety of a product’s lifecycle.

The day-to-day duties and qualifications are required but not limited to the following:

• Develop, maintain and communicate rolling 6-12 month demand models by account at the SKU level. Lead regular performance reviews with Sales team, identifying large deltas and driving for consensus on forward-looking plans.
• Support department in maintaining detailed, accurate information in ERP.
• Support seasonal buy process by creating SKU level inventory plans that align with sales projections, overall inventory turn goals, and profitability expectations for area of focus. Participate in the strategy alignment review and own the timely handoff of final investment details to cross-functional partners.
• Use a collaborative approach in working with various cross-functional partners (Sales, Finance, Ops, Marketing) to ensure that current and accurate information is incorporated into demand plans.
• Proactively seek out process improvement efforts within department that yield greater efficiencies and support revenue growth.
• Support Director in month-end reconciliation of sales and inventory activity. Provide insight into deviations from sales and inventory plans and support efforts to reforecast future outcomes.
• Utilize sales data, customer trends and known market conditions to model out different sell-through and demand scenarios, comparing to current demand plans to identify outliers that predict potential future risk. Share findings and determine if preemptive action should be taken to impact current Supply Chain activity.
• Track and report on topline monthly forecast accuracy by account. Work with Sales to report on forward-looking forecasts, understanding shifts and gaps to current demand plans.
• Assist in ad hoc reporting and analysis, as needed.
• Ensure inventory accuracy through efficient and detailed maintenance of system inventory movements (adjustments, transfers, etc.). Develop tracking system and monthly reporting that provide insights into frequency of, and reasoning for, these movements.
• Support department in creating and implementing new reporting that provides actionable insight and measures key performance indicators.
• Generate weekly/monthly/quarterly reporting for multiple levels of the organization that provides insight to various sales and inventory metrics.
• Regularly monitor SKU level inventory position against demand to identify opportunities or liabilities. Provide insight to Director and collaborate on appropriate actions to address that support overall profitability and operational goals.

Required Qualifications & Skills (Need to Have):

• Bachelor’s Degree in quantitative disciplines, supply chain or related field (or equivalent work experience)Minimum 3 years of experience in demand planning, sales forecasting, and/or inventory planning and management for an Apparel brand
• Highly proficient in Microsoft Office (ie Excel, Power Point, Word)
• Ability to compile and analyze large, complex sets of data and translate into meaningful and actionable insight
• Experience working in ERP software
• Ability to work effectively and collaboratively with cross-functional teams and stakeholders
• Fluent in complex Excel formulas and applications (vlookups, sumifs, pivot tables, etc)
• Understanding of retail math calculations and application
• Solution orientated; embraces new challenges and is comfortable with some level of ambiguity
• Ability to clearly communicate complex problems and solutions in a straightforward and digestible manner
• Excellent analytical and scenario modeling skills

Desired Qualifications & Skills (Nice to Have):

• Experience planning for both Wholesale and DTC channels
• Full Circle ERP experience
• Familiarity with S&OP process
• Experience servicing large retailers (Target, Walmart, etc)