SummaryAs an Associate Inventory Planner at RH, you will play a crucial role in managing inventory planning for the Baby & Child division. You will be responsible for analyzing data, forecasting demand, and developing strategies to optimize inventory levels and support product strategies.
Responsibilities- Analyze historical data and current trends to identify opportunities and risks by department, subclass, collection, and SKU.
- Create and present department-level plans that support division and department-level strategies.
- Develop and build collection and SKU level sales plans with supporting investment quantities and accurate flow forecasts.
- Manage the reconciliation of top-down to bottom-up financial plans.
- Collaborate with Merchandising to support product strategies and vision.
- Forecast sales and inventory and develop strategies to maximize opportunities and mitigate risk.
- Calculate receipt needs based on inventories and rate of sale and present buying strategies and inventory investments to senior leadership.
- Complete open-to-buy activities at the department and subclass level for all key metrics and present action plans during monthly OTB meetings.
- Manage the on-order pipeline of goods and negotiate flow requirements with vendors.
Requirements- Bachelor's degree and/or 5 years equivalent relevant experience.
- Advanced knowledge of Excel with aptitude to learn new systems quickly.
- Strong analytical skills with the ability to interpret meaningful trends from quantitative and qualitative data.
- Solid grasp of retail math and inventory planning concepts.
- Able to maintain and build effective relationships with cross-functional teams.
- Strong problem-solving and critical thinking skills with a focus on driving positive results to the bottom line.
- Possess strong organizational and time management skills.
- Multi-channel (Direct to consumer and brick and mortar) planning experience is a plus.
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