Demand and Inventory Planner - El Segundo, United States - Flip Fit

Description

• A social shopping app [network] redefining the online shopping experience. Born from the idea that shopping should be a communal, transparent, and enriching experience, Flip has quickly become the goto platform for users who crave authenticity and connection in their shopping journey. At Flip, we believe in the power of real reviews, highquality products, and a seamless shopping experience that transforms browsing into an engaging adventure. From discovery to checkout, Flip offers everything in one place, fostering a community where every purchase is a shared experience.

• Develop and implement inventory strategies to optimize stock levels and meet customer demand.
• Monitor inventory levels in relationship to current sales trends.
• Analyze historical sales data, market trends, seasonality and content virality to forecast future demand accurately.
• Identify slowmoving or obsolete inventory and develop strategies to minimize excess stock.

• Collaborate with buying team and vendor partners to gather insights into upcoming promotions, product launches, and marketing campaigns.
• Build and utilize forecasting models and tools to predict future demand and adjust inventory plans accordingly.
• Regularly review forecast accuracy and make adjustments as necessary to improve forecast performance.

• Generate regular reports and dashboards to track key performance indicators (KPIs) such as inventory turns, fill rates, and in
• stocks.
• Conduct root cause analysis of inventory discrepancies and implement corrective actions to improve accuracy.
• Identify areas for process improvement and recommend solutions to streamline inventory management processes.

• Bachelor's degree in business, supply chain management, or a related field.
• Minimum of three years of experience in inventory planning or supply chain management, preferably in ecommerce or social commerce.
• Proficiency in inventory management software and ERP systems (e.g., NetSuite) ideal, but not required.
• Strong analytical skills with the ability to interpret data, trends, and KPIs.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively across teams.
• Detailoriented mindset with a focus on accuracy and efficiency.
• Advanced proficiency in Microsoft Excel or other data analysis tools.
• Ability to thrive in a fastpaced environment and adapt to changing priorities.

• Experience with demand planning software or forecasting models.
• Knowledge of ecommerce platforms and marketplace dynamics.

• Base salary and total compensation will vary based on factors including but not limited to location, experience, and performance.