Inventory Planner

Inventory Planner

The Planning and Allocation team supports Herms of Paris business by managing the process of sales forecasting, open to buy (OTB), oversee auto replenishment, inventory management, reporting and analysis. The Allocation team develops strategies and sets clear directions to maximize business performance.

We are seeking an experienced and detail-oriented Inventory Planner to join our Planning and Allocation team. In this role, you will manage the strategic distribution of products while ensuring optimal stock levels are aligned with customer demand. You will lead allocation processes with a data-driven approach and collaborate cross-functionally to support sales and inventory goals.

Allocation Planning & Execution

• Manage product allocation across boutiques and channels per distribution guidelines.
• Build and maintain pre- and in-season allocation plans covering initial sends, replenishment, auto-replenishment, and inventory rebalancing.
• Develop min/max levels by item and SKU to drive replenishment models.

Inventory Management & Monitoring

• Monitor inbound DC receipts to inform allocation timing and execution.
• Track store-level sales trends, inventory positions, and stock health.
• Flag imbalances, stock-outs, overstock situations, and BOH capacity concerns.
• Support BOH capacity planning and partner with Merchandise team to strategically assess overages and opportunities

Analysis & Reporting

• Conduct ad-hoc sales analysis and forecasting to identify opportunities and risks.
• Assess SKU- and store-level product performance to inform assortment and prioritization decisions.
• Develop and enhance allocation reporting and analytics to support strategic decision-making.

Cross-Functional Collaboration

• Partner with Merchandising, Logistics, Retail Operations, and IT to support product launches, seasonal transitions, and key business initiatives.
• Participate in weekly business review meetings, sharing inventory insights, trends, and risks.

Systems & Master Data

• Maintain a strong understanding of store profiles by department to adjust replenishment priorities
• Upkeep a replenishment attribution database, Power BI dashboards, and varies stock management tools

General Support

• Additional responsibilities as directed by Manager or leadership.

Supervisory Responsibility:

• NO

Budget Responsibility:

• NO

Decision Making Responsibility:

• YES
• Approval of Transfers
• Approval of Initial allocation
• Inventory management between boutiques

About You:

• Bachelor's degree in Business, Inventory Planning, Retail Planning, Supply Chain Management or a related field.
• 23 years of experience in allocation, planning, or merchandise management, preferably with leadership or mentoring experience.
• High proficiency in retail math and Excel, including data analysis, forecasting, and modeling.
• Proven ability to coach, mentor, and guide team members, fostering a collaborative and high-performing environment.
• Comfortable and confident making allocation decisions and recommendations grounded in data.
• Strong ability to multi-task, prioritize, and adapt in a fast-paced, dynamic retail environment.
• Exceptional strategic thinking and analytical skills, with experience managing and interpreting large datasets to drive informed decisions.
• Demonstrated ability to drive process improvements, develop systematic approaches, deliver results, and resolve issues with a continuous improvement mindset.
• ability to collaborate effectively with team members, cross-functional partners, and field colleagues at all levels.

The salary range for this position is $70,000 to $80,000 annually. Actual rates are determined based on the job, location, and individual experience.

Herms is proud to offer a variety of benefits to support the needs of our employees and their families, including:

• Commission and bonus incentives based on sales performance
• Medical, Dental, Vision
• Life Insurance and Disability
• Paid time off (annual vacation of 15 days, 11 company holidays, 3 floating holidays, 2 wellbeing days, and sick & safe time)
• Paid Parental leave and transition time
• 401(k) and Roth Retirement plan with company matching and profit sharing
• Various voluntary benefits such as flexible spending accounts, fitness reimbursement, voluntary life insurance
• Product discount and EAP resources
• Access to Calm App, Health Advocate, Family Building Support and more!

We are looking for a candidate that has a combination of the above attributes and can perform the key functions of the role with or without reasonable accommodations.