Inventory Planner/Control Buyer - Middleton, United States - Bluestem Brands
Description
** Inventory Planner/Control Buyer - Ecommerce Apparel - Hybrid Role/Various Locations**
**Job Category****:** Inventory Planning **Requisition Number****:** INVEN002921 Showing 1 location **Job Details**
**Description**
Bluestem Brands primary mission is to serve customers whether that be as the leading provider for consumers seeking to establish, build or rebuild credit through our Fingerhut brand; or being uniquely advantaged at the intersection of value, exclusivity and curated with solutions tailored to the mature market consumer at Orchard Brands.
We are looking for a talented Inventory Planner/Control Buyer to join our Orchard Brands Team. This role operates in a hybrid work setting and can be based in the following Markets: Irvine, CA Mahwah, NJ Warren, PA or Middleton, MA.
As an Inventory Planner/Control Buyer, no two days are ever the same In this Role you will plan and forecast for future merchandise buys based on historical buys, reoccurring buys and current inventory levels. This is a highly collaborative Role which connects all areas of our business from Finance and Merchandising all the way to Sourcing and Vendor engagement. If you thrive in a fast paced, engaging, and ever-changing environment this Role is for you
**DUTIES AND RESPONSIBILITIES**
Creates accurate item level forecasts using Forecast 21 inventory management software and historical reporting tools.
Uses intuition, experience, and historical knowledge while analyzing current and past business to adjust and adapt forecasts and buy plans accordingly.
Analyzes future marketing plans to determine appropriate levels of inventory for each item, overstock situations to establish seasonal sales prices and evaluates/determines demand targets for assortment plan development.
Reconciles department level roll-up of item level plans to a departmental assortment plan.
Subdivides item-level forecast to its color/size level forecast.
Partners with Finance to manage cash flow and ensure delivery of products.
Rolls up each business level item/color/size forecast to a season level time-phased forecast of sales.
Develops, researches, plans and implements an optimal and achievable Inventory Delivery Plan that includes: delivery timing, future purchases, locker stock, greige goods and long term annuity product commitments.
Collaborates with Sourcing and Vendors to identify opportunities with fabrics, component parts, and container loads to improve service and reduce minimum requirements.
Monitors daily mailing results for forecast variances and updates Forecast 21 software to reflect changes.
Monitors and manages the following: inventory irregularities, buy-back opportunities, purchase orders and cancellations, over/under and early/late shipments, assortment variances and quantities. Ensures that systems and teams are updated accordingly.
Assesses the impact of variances on the inventory plan and forecasts to identify surplus/deficient stock situations. Expedites, delays, cancels, or reorders inventory as necessary.
Meets and exceeds fill rate objectives, forecast variances, inventory turns, and inventory $/sales levels.
Works directly with Merchandising to determine possible substitute items for Customer Service when out of stock situation arises
Informs Merchandising of response or delivery variances that render planned sales unserviceable or provide additional sales opportunities.
Performs and manages workload within the determined Corporate Master Schedule.
**QUALIFICATIONS**
Associates or Bachelors degree in a related field OR 3-5 years of related experience/training OR a combination of education and experience.
Advanced skills with Microsoft Excel, Access, and Word.
Experience with Direct Techs Forecast 21 software and CWDirect a plus.
Must be a strong communicator and representative for the Inventory team with the Information Systems department and software vendors.
BLST Operating Company (Bluestem Brands) is a group of eCommerce Retail and FinTech businesses led by our Orchard and Northstar Portfolios. This position falls under our Orchard Portfolio, which is home to four legacy Ecommerce apparel brands Appleseeds, Drapers & Damons, Blairs and Habands.
At Orchard, youll find responsive and supportive leaders who empower our employees, knowing they drive our success. We are continually innovating and improving, challenging ourselves to take risks, learn from mistakes, and celebrate success as a team. We also grow careers, giving employees on-the-job stretch assignments, lateral moves to expand knowledge bases, and promotional opportunities that help to accelerate development.
Youll work hard at Bluestem, so you deserve more than just a paycheck. From great benefits, employee discounts and incentive plans, to a jeans-every-day dress code and the flexibility to balance everyday life with work - this is the place youll want to be. Join our Orchard Team at Bluestem Brands to make an impact, be inspired and be valued, *every day*.
#LI-PD10
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