Inventory Planner

Senior Inventory Planner At Bath & Body Works, we believe everybody deserves to feel good. When you join us, you're part of more than an iconic fragrance and personal care brand you become part of Gingham Nation, where people are at the center of everything we do. We believe great associate experiences create great consumer experiences. When our associates feel supported, inspired and empowered, consumers feel it. Whether you're starting your career or building your next chapter, we invest in your growth so you can learn, lead and help create feel good moments every day. The Senior Inventory Planner will partner to lead the deployment of finished goods to various distribution centers for an assigned book of business. The Senior Planner will translate the merchandise plan into an inventory buying strategy, collaborating with the Merchandise Planner to ensure that inventory is handled to align with the business strategy. The role will ensure optimum inventory levels to improve sales and margins and to achieve targeted levels of inventory productivity, in support of overall product and company profitability. The Senior Inventory Planner will collaborate with the Managers, Merchandise Planning on positioning of themes and pre-season planning, with the Production team on new orders and with Logistics on product flow. This position reports to the Director of Inventory. Responsibilities Pre-Season Lead the Inventory Planners, supporting training and development, collaboration, and operational excellence amongst the team Based on the approved merchandise plan, formulate a buying strategy, and suggest order quantities to support it Confirm & handle purchase parameters for each vendor/distribution center, e.g. lead time, order frequency, etc Incorporate purchase parameters into an inventory receipt plan that meets sales, margin, inventory objectives Collaborate with Production/Sourcing on suggested and approved order quantities for finished goods Handle component tracking and place orders to support finished good buys Work with Logistics to resolve external constraints that impact inventory flow to distribution centers Collaborate with Merchandising on MPQ/placement of goods at time of buys/based on recommended buys to support sales plan while improving pre-Sale sell-through Set strategies/parameters to achieve targeted service levels for Vendors, DCs and Stores Partner with the Manager, Merchandise Planning to position long-term themes and proactively plan the season, a seasonal view In-Season Take into account updated demand plans, propose revised orders and deployment of inventory Lead reporting and inventory targets for major events as well as quarter end Present strategic inventory position in monthly leadership meetings to gain alignment Coordinate with Merchandise Planner to project and implement quick turn-around on event or trend changes Problem solve with cross-functional partners when inventory issues arise and proactively address constraints Reporting/Analytics Develop reporting to support in-season and season end hind-sighting Review and analyze weekly sales performance and inventory levels; recommend changes to forecasts Analyze past performance to find opportunities and create corrective action to improve inventory management performance Qualifications 3-5 years of inventory management, replenishment or allocation experience Experience in fast paced, multi-location distribution environment, MRP experience in multi-plant manufacturing environment preferred Retail supply chain knowledge Leadership and team-building skills. Ability to advise day-to-day activities. Identifies and influences critical partners Optimization mentality - designs and develops plans to optimize decisions Problem-solving skills - proactively recommends solutions to various partners; makes decisions with limited information Strong analytical skills - ability to analyze and understand quantitative data Strong digital literacy: ability to learn and apply new software technology. Systems used: SAP, Microstrategy Strong Microsoft Excel skills to be used as needed in building tools/reporting Experience with planning and order systems Education Bachelor's degree in business, finance, statistics, operations, supply chain, or a relevant field required. Core Competencies Drives Results Action Oriented Collaborates Decision Making Nimble Learning Benefits Feeling good starts with you. We invest in benefits that support your well-being, growth and future, helping you thrive as a creator of feel good every day. Benefits for eligible associates include: Robust medical, dental, vision and pharmacy coverage. Plus, access to our onsite wellness center and pharmacy located at the Columbus, OH home office. No-cost mental health and well-being support through our Employee Assistance Program (EAP). 401(k) with company match and Associate Stock Purchase Program with discount. Opportunity for paid time off, paid parental leave and access to family building benefits. Home, auto and pet insurance and a company-provided Care.com subscription. Tuition reimbursement and scholarship opportunities for post-secondary education. Enjoy complimentary products and a 40% merchandise discount so you can experience and share the brand you love. Visit bbwbenefits.com for more details. Primary Location: United States-Ohio-Reynoldsburg Work Locations: Home Office Dc7 - Bbw Seven Limited Parkway Reynoldsburg 43068 Job: Plan/Alloc Inventory Deploymnt Organization: BBW Home Office Schedule: Regular Shift: Standard Employee Status: Individual Contributor Job Type: Full-time Job Level: Day Job Pay Range: 95,000.00 - 140,800.00