Online Inventory and Merchandise Planner
Position: Online Inventory and Merchandise Planner
Location: Remote
Salary: USD 123,000 per annum
About the Role:
As an Online Inventory and Merchandise Planner, you will be critical in optimizing our online inventory management and merchandising strategies. This position requires a detail-oriented individual with a strong e-commerce and retail planning background to ensure our online store operates efficiently and meets sales targets. Your primary responsibilities will include forecasting inventory needs, managing stock levels, analyzing sales data, and implementing merchandising strategies to maximize revenue and customer satisfaction.
Key Responsibilities:
- Inventory Planning and Management:
- Develop and maintain accurate inventory forecasts based on historical sales data, market trends, and seasonal fluctuations.
- Monitor inventory levels across various online platforms and ensure optimal stock availability to prevent stockouts and overstock situations.
- Collaborate with suppliers and logistics teams to coordinate timely and cost-effective inventory replenishment.
- Sales and Performance Analysis:
- Analyze sales performance data to identify trends, patterns, and opportunities for improvement.
- Generate and review regular reports on inventory turnover, sales performance, and stock levels to support data-driven decision-making.
- Utilize analytical tools to assess the effectiveness of merchandising strategies and make recommendations for adjustments.
- Merchandising Strategy:
- Develop and execute online merchandising plans to enhance product visibility, drive sales, and improve the customer shopping experience.
- Coordinate with marketing teams to align promotional activities with inventory availability and sales objectives.
- Implement best product categorization, placement, and presentation practices online.
- Cross-Functional Collaboration:
- Work closely with the e-commerce team, marketing department, and customer service representatives to align inventory management and merchandising efforts with overall business goals.
- Provide insights and recommendations to support the development of marketing campaigns, product launches, and promotional events.
- Process Improvement:
- Continuously evaluate and refine inventory management processes to enhance efficiency and accuracy.
- Identify and implement technology solutions and tools that streamline inventory planning and reporting.
- Customer Focus:
- Monitor customer feedback, inventory, and product availability reviews and promptly address issues or concerns.
- Ensure online merchandising strategies align with customer preferences and enhance the shopping experience.
Qualifications:
- Bachelor’s degree in Business, Supply Chain Management, Retail Management, or a related field.
- Proven experience (minimum 3-5 years) in inventory planning, merchandising, or a related role within an e-commerce or retail environment.
- Strong analytical skills with proficiency in data analysis and reporting tools (e.g., Excel, Google Analytics, BI tools).
- Excellent organizational and time-management abilities, with a keen eye for detail and accuracy.
- Ability to work independently and manage multiple tasks in a fast-paced, remote environment.
- Practical communication skills and the ability to collaborate with cross-functional teams.
- Familiarity with e-commerce platforms and inventory management software is highly desirable.
Additional Information:
This remote position offers flexibility in work hours and the opportunity to work from anywhere. You will be provided with the necessary tools and resources to succeed in this role, including access to our digital systems and support from a dedicated team. We value innovation and proactive problem-solving and seek a motivated individual passionate about optimizing online inventory and merchandising strategies to drive business success.
If you are a results-driven professional with a strong online inventory management and merchandising background, we encourage you to apply for this exciting opportunity. Join us in significantly impacting our online presence and overall business performance.
