Inventory and Production Planner (Temp-to-perm) (New York)

Job Summary :

The Inventory and Production Planner reporting to the SVP Sourcing & Production, will be responsible for managing the inventory levels and overseeing the production process to ensure timely and efficient delivery of products. The role will involve validating demand forecasts, coordinating with suppliers, and collaborating with various teams to optimize inventory levels and production schedules. This position requires strong analytical skills, attention to detail, and the ability to thrive in a fast-paced and dynamic environment.

Responsibilities :

• Develop and maintain inventory control policies and procedures to optimize stock levels and minimize carrying costs.
• Monitor inventory levels, identify potential stockouts or overstocks, and take appropriate actions to mitigate risks.
• Coordinate with production team to ensure timely delivery of finished goods.
• Conduct regular inventory audits to ensure accuracy and reconcile any discrepancies.
• Collaborate with the retail analytics teams to understand promotional activities, seasonal changes and ensure they are incorporated into demand forecasts.
• Validate the forecasts received from analytics team to finalize production plan with factories.
• Collaborate with the production team to create feasible production schedules based on demand forecasts and available resources.
• Support production team in managing time and action calendar with suppliers to ensure there are no delays.
• Monitor production progress with production team and identify any bottlenecks or issues that may affect delivery timelines.
• Adjust production schedules in partnership with production team as needed to accommodate changes in demand or unforeseen circumstances.
• Generate regular reports on key performance indicators (KPIs) such as inventory turnover, stock accuracy, and production efficiency.
• Provide insights and recommendations to management regarding inventory optimization and production planning strategies.
• Communicate regularly with suppliers to ensure timely deliveries and resolve any issues or concerns.
• Collaborate with warehouse and logistics teams to coordinate the movement of goods and optimize storage space.

Requirements :