Company Overview:

Party City Holdco Inc. (PCHI) is a global leader in the celebrations industry. A vertically integrated designer, manufacturer, distributor, and retailer, PCHI offers consumer party goods in more than 100 countries around the world.

PCHI team members demonstrate a daily commitment to the company's Brand Purpose: to inspire joy by making it easy for customers to create unforgettable memories by connecting them to everything they need for life's many celebrations.

PCHI operates multiple business divisions, including the Retail Division and the Consumer Products Division. On the retail side, Party City (partycity.com) is a leading omnichannel retailer in the celebrations category, operating more than 800 company-owned and franchise stores throughout North America. Additional Halloween City (halloweencity.com) pop-up storefronts are also located throughout North America seasonally. Comprising the Consumer Products Group are design and manufacturing entities Amscan, an industry leader across multiple celebrations goods and costumes, and Anagram, a dominant player in balloons.

Job Overview:

The Inventory Planner is an individual contributor responsible for Party City’s retail inventory strategy focused on finished goods management from distribution center to stores for a specific group of departments. Ensures optimal store inventory levels to maximize sales and margin and achieve targeted levels of in-stocks, in support of overall department and company profitability. The Inventory Planner will also be a liaison between stores, logistics and other cross functional partners.

Responsibilities and Duties:

• Execute daily/weekly deployment of product to stores to improve inventory levels, maximizing sales plans/trend.
• Execute weekly forecast review and appropriate adjustments to improve item and store-level forecasts within Relex forecasting system
• Deliver budgeted sales and margin by ensuring inventory levels align with store customer preferences enabling planned sell-through
• Formulate inventory deployment strategy (pre-season & in-season), considering constraints and inputs, such as inventory levels by store cluster (tiering), timing of merchandise delivery, minimum presentation.
• Develop and articulate fact-based analytical approach to deployment decisions, monitor results and action deployment adjustments with exceptional change agility
• Analyze merchandise and store trends to unlock sales and margin opportunities.
• Spark cross-functional action that improves the complexion of store level inventories.
• Collaborate with the Merchandise Planner and Merchant partners to prioritize flow of product considering inventory constraints
• Participate in category and cross functional meetings – leverage analytics to share insights that influence decision making
• Consistently demonstrate analytical curiosity and socialize thoughts to drive action
• Support inventory management between digital and store channels

Qualifications:

· Bachelors degree in finance, business preferred or equivalent experience

· 2-4 years of inventory management and/or store analysis experience preferred

· Experience in high volume, fast paced, retail environment

· Demonstrated ability to handle multiple priorities effectively

· Ability to work collaboratively and influence multiple partners on business decisions and able to troubleshoot issues for best possible resolution.

· Strong analytical skills – ability to analyze and understand quantitative data

· General business acumen: should be able to understand the big picture and how tasks align to it

· Intermediate to expert technical skill proficiency (PC-based) using functions in Excel – v-lookups, pivot tables, etc.

FLSA Working conditions:

· Office Environment

Expected Salary Range: $64,320 - $80,400

· The salary range offered for this position is a good faith description of the expected salary range this role will pay. PCHI reserves the right to pay more or less than the stated range based on a variety of factors such as experience, geography, etc.

Job Type: Full-time

Pay: $64,320.00 - $80,400.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee discount
• Flexible schedule
• Health insurance
• Paid time off
• Retirement plan
• Tuition reimbursement
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Ability to commute/relocate:

• Woodcliff Lake, NJ 07677: Reliably commute or planning to relocate before starting work (Required)

Experience:

• Inventory control: 3 years (Required)

Work Location: In person

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