Director of Inventory Planning

Director Of Inventory PlanningStio® is an omni-channel mountain brand that designs, develops and sells beautiful, functional, and innovative apparel, footwear and other accessories infused with the soul of the mountain lifestyle. With headquarters in Jackson, Wyoming, Stio draws inspiration from the surrounding Teton Range and offers product via Stio.com, catalog, B2B and its Mountain Studio® retail locations.We live and love mountain life, and as such see ourselves as caretakers of the resources that provide it. We are proud partners of Protect Our Winters and the Conservation Alliance among many other organizations. We have a strong preferred materials platform, use Bluesign® approved textiles wherever possible, audit our supply chains for best practices, and operate our workplaces responsibly.We think that outside is the best side and that you can't improve on nature. It's good for mind, body and soul, and it's our responsibility to help enable access for all people, regardless of race, gender, beliefs, background or ability. We strive for inclusion at Stio and in our local and national communities.The Director of Inventory Planning (DIP) is responsible for developing, communicating and executing inventory strategies to maximize sales, optimize inventory and increase margin. The DIP will own pre-season planning, purchasing, and in-season inventory management for all categories and channels. It is a highly collaborative role and partners with a variety of cross functional teams to drive toward business objectives. The DIP leads and coaches the Planning team.The DIP is on the Operations team and reports directly to the Vice President of Operations.LeadershipManages, coaches and develops the Inventory Planning team by fostering a culture of collaboration, high performance and continual process improvementPrioritizes and balances the team's workload across in-season and pre-season planning deadlines to ensure on-time and accurate executionParticipates as a member of the Operations Leadership team including All Staff presentations, department meetings and cultural initiativesPartner with VP of Ops to develop and manage Planning team's OKRs, ensuring they are aligned with company priorities and progress is tracked and communicated regularlySeasonal Inventory Planning StrategiesDevelops, communicates, and gains alignment on seasonal inventory strategies throughout the GTM process including OTB and Revenue meetingsOversees pre-season, item-level sales and inventory plans that align with historical performance, merchandising strategies and financial targetsProvides Category Planning Managers with category/channel level strategy direction including growth, margin, safety stock and delivery targets. Ensures the alignment of bottoms-up sales and buy plans to the tops down targetsInventory Management and OptimizationManage in-season pricing and markdown strategies to maximize sales and margin, while meeting sell through targetsOversee omni-channel approach to inventory planning, ensuring optimization across sales channels. Partner with key stakeholders to provide visibility to slow moving inventory and work cross functionally on action plans to hit target inventory levels.Identify and implement tools, KPIs, processes and best practices to optimize inventory performanceCross-Functional Collaboration & Process ImprovementsActively partner cross functionally to drive shared business goals and key outcomesIdentify and lead projects to continuously improve current processes, tools and meetingManage weekly and monthly inventory reporting and insights, highlighting opportunities and risk. Look for opportunities to standardize reports and streamline processesLead the implementation of new workflows to maximizing inventory planning software across the planning teamYour Skills And ExperienceBachelor's degree in finance, business, engineering, economics, operations management, or equivalent.8+ years of experience in inventory planning including forecasting, purchasing, allocation and inventory management3+ years supervisory role/experience managing people with proven ability to build relationships and lead and develop a high-performing team while achieving business goalsPossess a clear understanding of financial measurements including sales, gross margin, return rate, months on hand, sell through, turn rate, and how to positively impact these metricsExceptional analytical skills and the ability to translate analytical findings into actionable recommendations and processes.Excellent computer skills, including advanced Excel (pivot tables, charts, logical functions (sumif, vlookup, etc.).Experience with planning software is required; Toolio preferredStrong critical thinking and problem-solving skills along with curiosity to continually drive for results and process improvement.Outstanding verbal and written communication and presentation skills including presenting complex materialStrong interpersonal and organizational skills with the ability to to work collaboratively and cross-functionally to drive business initiatives forwardExperience leading or participating in an omni-channel business including wholesale, Ecommerce, full price retail and outlet retail; apparel experience preferred.The Fine PrintMust be able to work in a stationary position 50% - 75% of the work dayMedical, Dental Vision plansCompany Paid Long Term DisabilityEmployee Assistance Programs401k with MatchGenerous paid time off policiesGear test, perks and moreWe provide competitive compensation packages, inclusive of base pay, incentives and benefits. The base salary range for this role is $110,000-$140,000. It would not be typical for someone to be hired at the top end of the range for the role, as actual pay will be determined based on several factors including experience, skills, and qualifications.This job description is not necessarily an exhaustive list of all responsibilities, skills, duties, requirements, efforts, or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, we reserve the right to revise the job or to require that other or different tasks be performed. Stio is an equal opportunity employer of all qualified individuals, including minorities, BIPOC, LGBTQ+, veterans & individuals with disabilities.