Inventory Planner

Overview

We are seeking a highly skilled and detail-oriented Inventory Planner to join the Lacoste USA Outlet team. In this role, you will oversee the inventory, allocation and replenishment of our seasonal, basic, and transfer assortment, ensuring that the right products are available in the right quantities, at the right time, to support business objectives and customer needs. The Inventory Planner will work closely with the merchandise planning team, buying and Outlet business leads to maximize stock efficiencies by crafting the total allocation needs for the business.

They also need to ensure proper inventory management between the 3PL’s with optimization of stock to maximize sales.

• Responsible and accountable for the inventory forecast (inbound and outbound), inventory analysis and budget planning in close partnership with the Planning, Operations, Finance, and Merchandising teams.
• Design, produce, and enhance reporting, dashboards, and tools for cross functional team pertaining to inventory and allocation, identifying opportunities for standardization and automation of processes and leveraging best practices from cross-functional and global teams.
• Create and maintain all allocation reporting including, but not limited to:
  Sales to Stock, Allocation recaps, Store Capacity report, In-bound tracker, high turn styles, core replenishment, MOH etc.
• Monitor stock levels, sales performance, historical data, market leader feedback and emerging trends to drive allocation plans at weekly level leading up to a rolling forecast for 3PLs
• Maximize and identify inventory opportunities through transfers within channels and across regions, including 3rd party sell offs.
• Seasonally develop key allocation strategies and approaches to the business that will help drive sell through and top-side sales by partnering closely with Regional Directors, Merchandise Planning, and Buying team
• Partner with planning to maximize pricing and promo strategy to maximize gross and net margin
• Partner closely with 3PL team - Logistics/Operations and Order Fulfillment to streamline the allocation function to maximize efficiency and profitability.
• Responsible for all special project allocations including collaborations, events, and new store openings
• Complete initial and replenishment allocations as needed