Inventory Planner Job at Assessfirst (Manhattan)

Job Description

The Planning and Allocation team supports Hermès of Paris business by managing the process of sales forecasting, open to buy (OTB), oversee auto replenishment, inventory management, reporting and analysis. The Allocation team develops strategies and sets clear directions to maximize business performance. We are seeking an experienced and detail-oriented Inventory Planner to join our Planning and Allocation team. In this role, you will manage the strategic distribution of products while ensuring optimal stock levels are aligned with customer demand. You will lead allocation processes with a data-driven approach and collaborate cross-functionally to support sales and inventory goals.

Job Responsibility

Manage product allocation across boutiques and channels per distribution guidelines
Build and maintain pre- and in-season allocation plans covering initial sends, replenishment, auto-replenishment, and inventory rebalancing
Develop min/max levels by item and SKU to drive replenishment models
Monitor inbound DC receipts to inform allocation timing and execution
Track store-level sales trends, inventory positions, and stock health
Flag imbalances, stock-outs, overstock situations, and BOH capacity concerns
Support BOH capacity planning and partner with Merchandise team to strategically assess overages and opportunities
Conduct ad-hoc sales analysis and forecasting to identify opportunities and risks
Assess SKU- and store-level product performance to inform assortment and prioritization decisions
Develop and enhance allocation reporting and analytics to support strategic decision-making
Partner with Merchandising, Logistics, Retail Operations, and IT to support product launches, seasonal transitions, and key business initiatives
Participate in weekly business review meetings, sharing inventory insights, trends, and risks
Maintain a strong understanding of store profiles by department to adjust replenishment priorities
Upkeep a replenishment attribution database, Power BI dashboards, and varies stock management tools
Additional responsibilities as directed by Manager or leadership

Requirements

Bachelor's degree in Business, Inventory Planning, Retail Planning, Supply Chain Management or a related field
2-3 years of experience in allocation, planning, or merchandise management, preferably with leadership or mentoring experience
High proficiency in retail math and Excel, including data analysis, forecasting, and modeling
Proven ability to coach, mentor, and guide team members, fostering a collaborative and high-performing environment
Comfortable and confident making allocation decisions and recommendations grounded in data
Strong ability to multi-task, prioritize, and adapt in a fast-paced, dynamic retail environment
Exceptional strategic thinking and analytical skills, with experience managing and interpreting large datasets to drive informed decisions
Demonstrated ability to drive process improvements, develop systematic approaches, deliver results, and resolve issues with a continuous improvement mindset
ability to collaborate effectively with team members, cross-functional partners, and field colleagues at all levels

What we offer

Commission and bonus incentives based on sales performance
Medical, Dental, Vision
Life Insurance and Disability
Paid time off (annual vacation of 15 days, 11 company holidays, 3 floating holidays, 2 wellbeing days, and sick & safe time)
Paid Parental leave and transition time
401(k) and Roth Retirement plan with company matching and profit sharing
Various voluntary benefits such as flexible spending accounts, fitness reimbursement, voluntary life insurance
Product discount and EAP resources
Access to Calm App, Health Advocate, Family Building Support and more!

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Inventory Planner

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