Centric Brands Inc.
Senior Director, Demand Planning & Inventory Management
Centric Brands Inc., New York, New York, us, 10261
Sr. Director Of Demand Planning And Inventory Management
Centric Brands is looking for a dynamic, creative and resourceful Sr. Director of Demand Planning and Inventory Management to join its Lifestyle division. This individual must be a self-starter and team player who takes initiative, thrives in a fast-paced environment, and is excited about joining a team on a journey to accelerate transformation across Centric Brands. The Sr. Director of Demand Planning & Inventory Management will be responsible for oversight of the short term/long term planning by style/color/account to support capacity requirements and business strategies as well as the achievement of financial and inventory objectives for a multi-channel business. This position will provide guidance and hands-on oversight for the demand planning and inventory planning functions and be the bridge between the Retailer, Sales teams, Operations and Sourcing/Production. The net result should be increased wholesale, DTC, and retail sales, greater profitability and improved inventory turn, both internally and for our retail customers. In addition, the Sr. Director will ensure timely and accurate communication of weekly, monthly, and adjusted seasonal forecasts and inventory levels and buys. Key Responsibilities: Oversee the demand and supply planning function, including 12-18 month demand forecasts, annual sales and margin forecasts, and inventory management as it relates to replenishment products. Clearly communicate variances, providing supporting details, and mitigation plans as necessary. Communicate any risks/opportunities to the demand plan due to retail trends, or supply constraints and work with cross functional teams as needed. Supervise/challenge inventory levels and fulfillment by color/ style/ customer. Create clear and actionable recaps for leadership to make fact-based decisions. Own system initiatives and implementations as they pertain to Demand Planning & Inventory management. Establish WOS targets, conduct product segmentation, analyze demand to ensure that product flows as needed. Oversee size analysis for accounts on a regular basis to ensure we are purchasing goods in the correct sizes. Onboard new replenishment based businesses as the Lifestyle platform continues to grow. Align Lifestyle replenishment businesses to work on the same cadence with monthly demand and supply meetings and deliverables. Oversee inventory planning, including managing to WOS goals, inventory turn goals, and minimizing unneccessary ATS/aged goods. Partner with Sales, Finance and Sourcing/Production teams to ensure alignment and effective communication. Identify and implement improvements to demand planning and inventory management processes and align across Lifestyle platform. Develop, retain and grow talent within the Demand Planning and Inventory Management team. Successfully oversee VMI programs with key retail accounts. In return, we provide an industry-competitive salary, along with a comprehensive benefits plan (medical, dental, vision) that includes a matching 401(k), Summer Fridays, generous PTO, merchandise discounts, excellent career development opportunities, and a work environment that reflects our industry leadership. Our social impact program, Centric Cares, focuses on volunteerism to make a difference in communities we live and work in and our D&I committee is shaping the future of diversity, equity and inclusion at Centric Brands though workshops, resources and inspiring conversation. Salary Range: $165,000 - $195,000 Be part of our growing community by getting involved with groups, teams and initiatives like Be Green, Be Giving, and Be Celebrated. Centric Brands is an Equal Opportunity Employer
Centric Brands is looking for a dynamic, creative and resourceful Sr. Director of Demand Planning and Inventory Management to join its Lifestyle division. This individual must be a self-starter and team player who takes initiative, thrives in a fast-paced environment, and is excited about joining a team on a journey to accelerate transformation across Centric Brands. The Sr. Director of Demand Planning & Inventory Management will be responsible for oversight of the short term/long term planning by style/color/account to support capacity requirements and business strategies as well as the achievement of financial and inventory objectives for a multi-channel business. This position will provide guidance and hands-on oversight for the demand planning and inventory planning functions and be the bridge between the Retailer, Sales teams, Operations and Sourcing/Production. The net result should be increased wholesale, DTC, and retail sales, greater profitability and improved inventory turn, both internally and for our retail customers. In addition, the Sr. Director will ensure timely and accurate communication of weekly, monthly, and adjusted seasonal forecasts and inventory levels and buys. Key Responsibilities: Oversee the demand and supply planning function, including 12-18 month demand forecasts, annual sales and margin forecasts, and inventory management as it relates to replenishment products. Clearly communicate variances, providing supporting details, and mitigation plans as necessary. Communicate any risks/opportunities to the demand plan due to retail trends, or supply constraints and work with cross functional teams as needed. Supervise/challenge inventory levels and fulfillment by color/ style/ customer. Create clear and actionable recaps for leadership to make fact-based decisions. Own system initiatives and implementations as they pertain to Demand Planning & Inventory management. Establish WOS targets, conduct product segmentation, analyze demand to ensure that product flows as needed. Oversee size analysis for accounts on a regular basis to ensure we are purchasing goods in the correct sizes. Onboard new replenishment based businesses as the Lifestyle platform continues to grow. Align Lifestyle replenishment businesses to work on the same cadence with monthly demand and supply meetings and deliverables. Oversee inventory planning, including managing to WOS goals, inventory turn goals, and minimizing unneccessary ATS/aged goods. Partner with Sales, Finance and Sourcing/Production teams to ensure alignment and effective communication. Identify and implement improvements to demand planning and inventory management processes and align across Lifestyle platform. Develop, retain and grow talent within the Demand Planning and Inventory Management team. Successfully oversee VMI programs with key retail accounts. In return, we provide an industry-competitive salary, along with a comprehensive benefits plan (medical, dental, vision) that includes a matching 401(k), Summer Fridays, generous PTO, merchandise discounts, excellent career development opportunities, and a work environment that reflects our industry leadership. Our social impact program, Centric Cares, focuses on volunteerism to make a difference in communities we live and work in and our D&I committee is shaping the future of diversity, equity and inclusion at Centric Brands though workshops, resources and inspiring conversation. Salary Range: $165,000 - $195,000 Be part of our growing community by getting involved with groups, teams and initiatives like Be Green, Be Giving, and Be Celebrated. Centric Brands is an Equal Opportunity Employer