Supply Chain & Inventory Manager

Who We Are
Figure8 is an experience first company. We create experiums. Places outside of distraction, away from expectation, and beyond inhibition. Spaces to get lost and found. We invite guests to take a moment. To recognize, realize, and reignite relationships with the people and places around them.
Figure 8 is the company that built Museum of Ice Cream that has over six locations around the world and counting. We are fueled by the power of imagination, and Figure8 is a universe of possibilities with tons of room for you to explore.
Who You Are
Figure8 is looking for a Supply Chain & Inventory Manager to support all activities related to select and purchase lines of products, manage inventory and finished goods and assist in all phases of our product roadmap. Our ideal candidate is a team player, organized, logical, and thrives in a fast-paced environment. This is a new role on our team, and you will thrive if you are well acquainted with setting up and scaling processes, detail oriented, proven experience in the field and are self motivated.
Your Day-to-Day

• Develops standards, metrics, and procedures that maximize inventory management accuracy.
• Develops and implements inventory tools and systems for tracking, analysis, auditing, and reporting.
• Ensures integrity and compliance with all policies, control, procedures and standards including training and development programs.
• Develops and implements key performance metrics.
• Works cross-functionally to identify and prioritize initiatives to optimize inventory and product capabilities, including recap reports.
• Oversee replenishment by SKU, maintaining an efficient inventory flow with set inventory turns and service level KPI’s.
• Drives warehouse productivity & process improvements to achieve cost savings.
• Develops strategies to mitigate impact of volume surges & capacity constraints.
• Evaluate supplier options according to prices, quality etc. and determine the best choices, and negotiate with suppliers to secure competitive prices in partnership with manager.
• Responsible for monthly physical inventory and regular inventory cycle counts.
• Identifies the root cause of inventory discrepancies and creates and implements corrective action plans that may include systems, people and/or processes. This will include recommendations on a 3PL, inventory management system and a full roll out across 2023 for all locations.
• Implements quality audits that uncover root cause issues that are not being addressed by the team.
• Work with the leadership team to determine the best logistics and 3PL vendors
• Identification, implementation, and company wide training of an Inventory Management System.
• Analyzes inventory variances and exception reports to monitor inventory data and procedures to ensure accuracy and quality of inventory.
• Ensure the timely delivery of products and compliance with the contracts of purchase.

Key Performance Indicators

• DSI (Day Sales of Inventory)
• GMROI (Gross Margin Return on Investment)
• PO Tracking
• Inventory to Sales Ratio (ISR)
• Passing EOY Inventory Audit
• Supply Chain to Sales cost (%)

Requirements
The Necessities and Nice-to-Haves:

• Developed or been a part of new E-Commerce Strategy
• A proven track record of driving efficiencies and cost savings
• Demonstrated ability to make thoughtful, data-driven decision and achieve strategic goals in a fast-paced environment
• Excellent problem solving, analytical and organizational skills
• Schedule:
• Cross-functional leader who fosters collaboration and inspires trust throughout the team
• 5+ years of relevant supply chain, logistics, buyer and/or warehouse management experience
• Weekend availability
• User-experience minded, team player who is willing to take ownership of mistakes and celebrate the success of others
• Working experience of relevant software (e.g. SAP MM)
• Experience with CRM tools like NetSuite, HubSpot or Salesforce
• Bachelor’s degree in Business Administration, Supply Chain/Logistics, or equivalent years of experience
• US citizen or have authorization to work in the US for 5 or more years
• Balances strategic thinking with execution
• Holidays

Willingness To Travel

• 25% (Required)

Benefits
The Good Stuff:

• Unlimited ice cream
• 16 free museum tickets per year for friends and family, with free entry for self
• Annual pinkball (yes, it is “pink-tie” themed and you can bring a date!)
• Dental insurance
• 401(k)
• Vision insurance
• 50% off retail products
• Competitive Pay
• Paid Time Off
• Health insurance