Squishable is a close-knit team of designers, artists, pop culture-fanatics, and lovers of all things adorable. Together we create the cutest, cuddliest, (and sometimes downright unusual) plush and lifestyle products in the world. With the millions-strong Squishable fan community cheering us on (and a lot of cupcakes, coffee, and karaoke) we make people say "awww." Our offices are in a sunny Soho loft in NYC, and downtown Washington DC.

What does this position do?
You will be responsible for preparing production forecasts to ensure we manufacture sufficient amounts of products to meet order demands and allocating inventory to our corporate store and wholesale & eCommerce customers. You'll help strategically plan optimal inventory levels to drive sales, manage inventory turn and meet/exceed financial targets. You will analyze sales forecasts with the production and sales team to understand current demand and ensure production meets those demands. We expect our Inventory Planner to document inventory immediately and adequately communicate any production issues with upper management.
The ideal person for this role has essential inventory planning experience, is an analytical expert, and is a team player. This role reports to the CEO of Squishable.
Responsibilities

• Monitoring inventory levels to ensure that they remain within set parameters at all times.
• Coordinates inventory flow-through to each retail location.
• Review stock to sales ratios and respond to changing trends to ensure plan sales.
• Developing plans for maintaining inventory levels, including determining how much inventory should be kept on hand and anticipating potential shortages while limiting inventory liability and maintaining high stock levels.
• Collaborate with vendors and sales team to analyze current trends and production needs
• Manage excess inventory and determine ways to prevent overproduction. Develop top-line, category, & SKU level inventory plans that drive growth and adhere to financial budgets.
• Issue PO's accurately and on time, and work closely with Supply Chain/Ops to ensure that inbound receipts are tracked and accounted for in sales plans.
• Provide rolling order forecasts to Suppliers and rolling receipt forecasts to Finance, making recommendations along the way to ensure financial goals are met.
• Provide end-of-month & ad hoc reporting and analysis of sales trends, impact on inventory needs, and liabilities to management.
• Identify areas of operational efficiency on an ongoing basis, driving continuous improvement of the end-to-end planning process.
• Forecasts for future inventory based on historical buys, reoccurring buys, and current inventory levels.
• Assists Finance Department with Audits, Inventory Control & Reconciliations.
• Developing policies and procedures for inventory management procedures, including how to handle damaged goods.
• Recommending improvements to inventory management systems based on past results.
• Partner closely with the operations and internal supply chain department to ensure timely delivery to our warehouses.
• Manage integrity of information related to inventory levels (Surplus/Dead/Stocked and Non Stocked)
• Serve and protect all internal and external customer base with Inventory related subjects
• Manages inventory tracking system to record deliveries, shipments and stock levels.

What are the Skills and Qualifications?

• Bachelor's degree in logistics or a relevant field
• 3-5 years of relevant experience in inventory control planning
• Certification in Production and Inventory Management (CPIM) or similar is preferred.
• Advanced Excel/modeling and presentation skills
• Firm grasp of retail math and inventory concepts
• Netsuite experience is a plus
• Excellent communication skills to express ideas and concepts verbally, visually and in writing
• Attention to detail

The annual salary range for the position is $80,000 - 90,000.

At Squishable.com, Inc. we value, celebrate, and support diversity and inclusivity across our community and we are proud to be an Equal Opportunity Employer. We are committed to building a team that represents a variety of backgrounds, perspectives, and skillsets. We do not discriminate against any applicant's race, color, religion, sex, gender identity, gender expression, sexual orientation, national origin, age, disability, or veteran status.
Where permitted by applicable law, must have received or be willing to receive the COVID-19 vaccine and booster by date of hire.

CCPA disclosure notice here.

Job Type: Full-time

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