Demand and Inventory Planner - El Segundo, United States - Flip
Description
Join the Flip team:
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 go-to platform for users who crave authenticity and connection in their shopping journey.
At Flip, we believe in the power of real reviews, high-quality 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.
Position Overview:
Responsibilities:
-
1.
Inventory Management:
- 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.
- **Demand Forecasting**:
- 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.
Qualifications:
- 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.
Preferred Qualifications:
- Experience with demand planning software or forecasting models.
- Knowledge of ecommerce platforms and marketplace dynamics.
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