Inventory Planner / Senior Inventory Planner

Job Description

Job Description

Thuma is looking for an Inventory Planner to join our growing team. Reporting to the Head of Finance & Planning, this role will help design, operate and improve our inventory forecasting and purchasing model.  We are looking for a candidate who has experience managing inventory purchased from a variety of vendors with varying complexities. 

Thuma’s Headquarters is based in the historic Presidio neighborhood of San Francisco. This is a hybrid role, and candidates should be available to come into our SF office 1 - 3 times a week.

• Own and operate Thuma’s inventory and demand planning model
• Forecast inventory by SKU based on historical trends, seasonality impacts and other factors that impact inventory and demand
• Partner with Thuma’s Product Development team on production scheduling and forecasting for new products
• Lead communication with key vendors and onboarding new suppliers for Thuma's growing product catalog, while tracking purchase orders from placement through delivery to the DC and monitoring receipt timing against launch and in-stock targets 
• Report on key performance metrics related to inventory - including weeks of supply on hand, turnover rate, minimum stock, etc.
• Partner with finance to ensure target metrics are optimizing profitability and revenue
• Propose new solutions to improve forecast accuracy and inventory optimization
• Support the transition to a robust cloud-based inventory management tool
• Work cross functionally on strategic initiatives, such as retail expansion, warehouse optimization, or category expansion projects.

• 2+ years of inventory planning experience, or other planning experience such as finance, project management, or similar
• Extensive knowledge of Excel and familiarity with software based solutions for inventory planning
• A self-starter who is able to work independently
• Strong analytical skills + understanding of key drivers that impact inventory planning and demand forecasting
• Desire to grow and increase responsibility in line with Thuma’s high growth strategy
• Comfortable working in a fast-paced environment with changing priorities

• 401(k) : Participation in our 401(k) program with company matching up to 6% of your contributions.
• Benefits* : Comprehensive medical, dental, and vision coverage with generous employer contributions, 100% paid parental leave, and company-sponsored One Medical and WellHub memberships.
• Equity : Participation in employee stock option plan.
• Paid Time Off : We operate with a high-performance mindset and we believe healthy, happy, relaxed people do better work. 
• Time to Recharge : teams receive select paid holidays, including key company closure days, along  with holiday pay when working on designated holidays.
• Employee Discount **: 40% off almost all Thuma products.
• Cell Phone Stipend : $100 per month to support work-related phone use.
• Commute Reimbursement : Up to $150 per month for commuting to our office.
• Room Upgrade : A complimentary product credit upon joining, valued at up to $3,000.

** Some exclusions may apply

* Eligibility for compensation, benefits, and perks may vary based on employment status (e.g., full-time, part-time, temporary), work schedule, and applicable holiday policies, and are subject to the terms of the relevant plans and company guidelines.

Thuma provides an estimate of the compensation for roles that may be hired as required by state regulations. Compensation may vary based on (a) location, as Thuma factors in specific location when benchmarking compensation for most roles; (b) individual candidate skills and qualifications; and (c) individual candidate experience.

Additionally, Thuma leverages current market data to determine compensation, so posted compensation figures are subject to change as new market data becomes available. The salary, other compensation, and benefits information is accurate as of the date of this posting. Thuma reserves the right to modify this information at any time, subject to applicable law.

Who We Are

Thuma is a bedroom lifestyle brand, offering customers Bed Time essentials and amenities designed to celebrate life’s simple pleasures through thoughtful elevated design, quality craftsmanship, and modern convenience. 

We recognize that people come with a wealth of knowledge and are talented beyond the scope of a functional role. If this sounds like you, we encourage you to apply even if your experience doesn’t precisely match our job description. We hire for integrity, initiative, collaborative spirit, open mindedness, and willingness to learn. 

Thuma is dedicated to going above and beyond to bring people with diverse perspectives and unique experiences together to do great work. We strive to create a sense of belonging by creating an inclusive culture where everyone can be their authentic self and by treating each and every team member with kindness, equity, and respect, always.