Summary
Join Stio®, an omni-channel mountain brand, as their Sr. Manager, Retail Inventory Planning. You will manage and optimize in-store inventory to drive sales and store performance. Responsibilities include developing pre-season assortment plans, implementing allocation strategies, managing in-season forecasting, and creating reports on retail performance. This role requires collaboration with cross-functional teams and strong analytical skills. The ideal candidate will have a Bachelor's degree, 6+ years of relevant experience, and 2+ years of supervisory experience. Stio offers competitive compensation, benefits, and a remote work option.
Requirements
- Bachelor’s degree in finance, business, engineering, economics, operations management, or equivalent
- 6+ years of experience in planning, finance, or supply chain analysis
- 2+ years supervisory role/experience managing people with proven ability to build relationships and lead and develop teams
- Possess 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 metrics
- Excellent 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 preferred
- Strong critical thinking and problem-solving skills along with curiosity to continually drive for results and process improvement
- Strong interpersonal and organizational skills with the ability to to work collaboratively and cross-functionally to drive business initiatives forward
- Outstanding communication and interpersonal abilities with the ability to prioritize and deliver timely work
- Willingness and ability to take on wide array of ad-hoc reporting and analysis requests
Responsibilities
- Develop and drive pre-season, item-level sales and inventory plans that align with historical performance, merchandising strategies and financial targets
- Partner with Merchandising teams on the seasonal assortment by style for retail. Provide analytics as needed to ensure seasonal line will hit financial and KPI targets
- Own curating retail product assortment by store (Style & color) by utilizing store clustering and Merchandise input on style and color rank
- Develop and implement retail-specific initiatives, partnering with cross-functional teams to execute seasonal plans effectively
- Prepare the deck and present channel strategies and forecasts in the OTB meetings
- New store inventory planning and execution including merchandising plan and initial store inventory levels
- Build seasonal outlet store inventory requirements for the following season’s assortment. Ensure inventory aligns with Outlet strategy and financial targets
- Develop and implement allocation strategies, ensuring optimal product distribution across Stio’s retail and outlet locations
- Manage the timing of seasonal products and send backs, optimizing inventory flow
- Maximize sales by getting the right amount of inventory to the right stores at the right time
- Manage In-Season Forecasting to optimize for allocation and omni-channel inventory management. Ensure alignment with tops-down, monthly forecast and channel goals
- Own adjustment of seasonal assortment in-season
- Support inventory management between retail, ecommerce and wholesale channels
- Manage Outlet store pricing updates according to inventory sell through strategy
- Participate in weekly meetings focused on Merch performance and alignment between Central Retail, Retail Marketing and Planning on Retail strategies for in-season sales
- Assess the performance of retail planning initiatives and identify improvement opportunities for continuous optimization
- Establish and monitor revenue KPIs for the retail channel, tracking and reporting on performance metrics
- Create seasonal hindsight reporting for next season review. Partner with Retail Central team to gather store feedback to be used for next season
- Recap and analyze monthly actuals to plan and LY. Present key takeaways and recommended action plans monthly to cross-functional team
- Oversee seasonal SKU creation
- Manage SKU attribute maintenance for Inventory Planning team
- Lead and manage the Retail Inventory Planning team and process
- Actively partner cross functionally to drive shared business goals and key outcomes
- Look for ways to continuously improve current processes, tools and meetings
- Commitment to our company Mission, Vision, and Values
Benefits
- Medical, Dental Vision plans
- Company Paid Long Term Disability
- Employee Assistance Program
- 401k with Match
- Flexible paid time off policies
- Gear stipend, Company perks, and more
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