Industrybuying.com - Manager - eCommerce Inventory Planning

Manager- Ecommerce Inventory Planning

The Ecommerce Inventory Planner will be responsible for the management and execution of optimal inventory levels for the e-commerce distribution centers. Responsibilities include (but are not limited to) timely replenishment of saleable and non-saleable products, shipment analysis, and order processing.

Job Responsibilities :

- Order Management & Execution

- Review shipment forecast based on the latest estimate

- Perform Sales & Inventory analysis and meet business plan numbers

- Analyze recommended order quantity and place optimal amount for each online distribution center for each product SKUs

- Perform detailed review of out of stocks calculate and forecast lost opportunities due to Out of Stock

- Place Opening Order for new products

- Review and Analyze fill rates and customer service level

- Prep/attend weekly Planning meetings with the brand team

- Provide demand planning order projections

- Set up virtual SKUs and provide online distribution center direction on receipts

- Provide direction on kitting / SKU combinations to boost sales and reduce inventory levels

- Follow up with distribution center on shortages

- Propose Sales and liquidation of Inventory for overstock items

- Collaborate closely with marketing and pricing teams to manage optimum Inventory levels

- Collaboration with E-commerce and Customer Service

- Liaise between e-commerce and other customer service groups

- Follow up and communicate ETA on inventory status and backorders

- Communicate with catalog for new SKU creation, updation of Inventory levels and products descriptions

- Ensure inventory thresholds are set up correctly

- Inform the web catalog department about products that need to be cataloged & photographed

- Update prices and reprint barcodes when prices change and ensure it is applied to appropriate products in all locations.

- Maintain accurate product data in POS. Identify and fix informational and inventory discrepancies.

- Research missing items, and take appropriate action.

- Schedule, organize and execute bi-annual inventory

- Assist with other departments (shipping, warehouse, returns)

- Report discrepancies on incoming shipments to buyer & RA specialist

- Manage relationships with delivery drivers

- Inventory Management

- Review and analyze inventory

- Perform stock transfers as needed

- Review Inventory discrepancy report

- Plan, Manage, Communicate, and Execute Returns of Goods on discontinued items, wrongly ordered items or damaged items

- Project RTVs and work with e-commerce teams and vendors on execution and transfer of stock

Other Responsibilities :

- Review launches and releases launch POs

- Send out a mix of business reports to eCommerce team

- Pull and send out backorder reports

- Compile and send out weekly receipt projections for workload planning

Qualifications :

- 5+ years of relevant experience

- Strong math and analytical skills

- A strong understanding of time-phased forecasting and replenishment systems

- Analyze and review large amounts of data in Excel strong communication skills

- A Self-starter and ability to work independently

- Knowledge of inventory models and metrics

- Retail planning and inventory management needs

- Have experience with Demand Management software