Discover Your Dream Job

Grow your career and join a game-changing startup
33
companies
220
Jobs

Demand and Inventory Planner

Flip

Flip

El Segundo, CA, USA
Posted on Thursday, May 23, 2024
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.
The Opportunity:
Are you ready to be part of something truly groundbreaking? As Demand and Inventory Planner at Flip Shop, you'll play a pivotal role in our mission to revolutionize e-commerce. You'll be responsible for managing and optimizing inventory levels to meet customer demand while minimizing excess inventory and stock-outs.
We are seeking an experienced Planner with a minimum of three years of hands-on experience in e-commerce or social commerce. This role requires a strong analytical mindset, excellent communication skills, and the ability to collaborate cross-functionally with operations, buying and accounting teams. In this role you will be external facing, prior experience working with vendor or brand partners is required.

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 slow-moving or obsolete inventory and develop strategies to minimize excess stock.
  • 2. 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.
  • 3. Performance Analysis and Reporting:
  • 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.
  • Detail-oriented mindset with a focus on accuracy and efficiency.
  • Advanced proficiency in Microsoft Excel or other data analysis tools.
  • Ability to thrive in a fast-paced environment and adapt to changing priorities.

Preferred Qualifications:

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