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Inventory Management Specialist for Direct-to-Consumer Company
2 days ago
Paired's mission is to connect talented individuals with great companies that need their unique skills. We admire the importance of innovative social media strategies and are committed to providing excellent jobs to gifted people, regardless of location.
Job OverviewOur client is a D2C brand specializing in premium accessory organizers with a growing presence in various markets. This role will be pivotal in optimizing supply chain operations by ensuring accurate inventory management, creating sales forecasts, and maintaining effective communication with suppliers and internal teams.
Key Responsibilities- Optimize Inventory Levels: Ensure optimal inventory availability across all markets and sales channels.
- Enhance Order Fulfillment: Maintain and enhance the order fulfillment process for efficiency and accuracy.
- Develop Inventory Management Tools: Create and update a comprehensive inventory management system for team-wide access, including dashboards/scorecards to display real-time inventory status.
- Analyze Sales Data: Analyze sales history, seasonal trends, and upcoming promotions to create accurate sales forecasts and order estimations.
- Coordinate Supply Chain Activities: Maintain direct communication with suppliers, freight forwarders, 3PLs, warehouses, and Amazon to manage supply chain logistics effectively.
- Monitor Production and Shipping Lead Times: Monitor production and shipping lead times for all purchase orders and transfer orders to ensure timely delivery.
- Manage Purchase Orders and Payments: Place new purchase orders, control payments, and ensure that all orders align with inventory needs and financial guidelines.
- Implement Cost Savings Initiatives: Develop and implement strategies to reduce costs throughout the supply chain while maintaining quality and service levels.
- Collaborate with Marketing Team: Work closely with the Brand & Marketing Management team to identify strategies for liquidating excess inventory, alerting them to low stock levels, and recommending products for promotions based on inventory availability.
- Develop Supply Chain Scorecards: Develop and maintain scorecards that provide insights into supply chain performance for executive leadership.
- Support Financial Analysis: Assist with COGS/MOGS calculations and provide key insights for analysis to support decision-making.
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