Inventory Planner

Inventory Planner

New York, New York, United States

Is this job for you?

We are looking for a detail-oriented, dedicated and driven Inventory Planner to join our fast-paced and passionate Allocation team. In this role, you will play a critical part in optimizing inventory, focusing on store allocation, replenishment, and overall stock efficiency. If you have a passion for data-driven decision-making, excel in analytics, and thrive in a fast-paced environment, we want you on our team! This role will report to the Director, DTC Planning & Allocation.

What you'll do:

• Support execution of omni-channel merchandise plans that deliver company sales, gross margin and inventory productivity goals for specific categories/divisions within Faherty.
• Support execution of omni-channel end-to-end planning & allocation process.
• Support reporting and analysis for seasonal hindsights and pre-season buy plans
• Create and maintain weekly and adhoc reporting to analyze and react to store inventory needs.
• Allocate merchandise strategically and intelligently to maximize sales, considering store volume, store capacity, regional and geographical factors, and other unique selling characteristics specific to stores and store clusters (e.g., SKU plans, model targets, etc.)
• Recommend and execute weekly replenishment strategies to stores to achieve optimal inventory turns and sell-thrus.
• Understand store profiles/tiers and build assortment allocation strategies with merchandising.
• Work with retail store teams to review product requests and determine where replenishment opportunities exist.
• Support new store allocations to ensure accuracy and on time arrival in store.
• Support manager with order placement into ERP systems (NetSuite).
• Monitors late product and communicates impact to floorset to Visual, Merchandising and Store partners

What you'll have:

• Experience and proficiency in Excel, specifically in an allocation capacity
• Ideally 2-4 years experience in retail planning and allocation
• Analytical and mathematical proficiency
• Candidate should exhibit analytical thought and enjoy deep diving into data
• Ability to prioritize and handle multiple tasks with a willingness to flex schedule based on needs of business
• Experience within a multi-channel apparel and or footwear brand a plus
• Exhibit quick turnaround time on fast paced business changes

We aim to pay competitively for our size and industry. The base salary range for this position is $65,000 - $80,000 USD, but we will consider location, skill level and experience to determine the final offer.

Why us you ask!

• Health benefits
• 401(K) Plan with company match
• Incentives Program
• Commuter Options/Benefits
• Generous employee discount

A bit about us:

Founded in 2013 by Mike and Alex Faherty and Kerry Docherty, Faherty is a family-run lifestyle and apparel brand fueled by purpose and optimism. Our goal: to build a new American legacy by creating high-quality, sustainably minded, feel-good favorites that will bring you joy to wear.

We feel a deep responsibility to do things differently: to promise comfort without compromising quality. To hold ourselves to a higher standard with a lower environmental impact. To leave the world a better place than we found it.

We recognize the impact the fashion industry has on the world, and we're dedicated to learning how to be better stewards of the planet. We believe the power of conversation and connection can make real change, and we're committed to supporting people and organizations doing work that we believe in.

Our passionate leadership team comes from different backgrounds but share a singular goal: to deliver on our promise of comfort and craftsmanship. To work side-by-side in a collaborative, energetic, and creative environment every day, like the family we are.

We welcome everyone and we mean everyone. We believe a diversity of viewpoints, experiences, and backgrounds only serve to make our team stronger, which is why we strongly encourage those from historically and systemically marginalized communities to apply: BIPOC, women, and people in the LGBTQIA+ community, to name a few. We strive to lead consciously, bravely, and inclusively and to reflect those values in our work. Employees should embody the five core values of the Faherty team:

1. Always Innovate, constantly seeking creative ways to improve and drive forward.
2. Bring Day One passion, energy, and grit to every challenge, iterating relentlessly to exceed expectations.
3. Move forward as one with a shared purpose, All Together, fostering inclusivity and collaboration across teams.
4. Harness the Power of Positivity, even when things get tough we're leading with optimism and resilience in every interaction with our team, customers, and communities.
5. Deliver with a Timeless focus, ensuring quality and long-term impact in all efforts.

Remain compassionate. Stay focused. Seek joy. Let's make the world a better place!

Annual Salary

Pay Range

$65,000 - $80,000 USD