
Inventory Optimization Specialist
2 weeks ago
Job Description: Drive merchandise planning and optimization for a prestigious fashion brand. Partner with the Buying & Planning Manager to shape seasonal strategies, manage OTB, and ensure inventory is correctly allocated for optimal sales and profit.
Key Responsibilities:
- Co-create seasonal merchandise strategy, budget, and KPIs with Buyer.
- Develop range and option plans to meet financial targets.
- Oversee in-season trading: forecasting, sales, stock levels, OTB, and GP.
- Present monthly forecast analysis to brand leadership.
- Execute markdown/discount plans to maximize exit GP.
- Track essential line performance and adjust forecasts.
- Review in- and post‑season results to refine future performance.
- Balance replenishment between stores and warehouse per sales plan.
- Set store grading strategies and model stock across locations.
- Ensure data integrity within planning systems.
- Collaborate with Finance, Retail, Product, Marketing, and Digital teams.
- Coach and develop team members; support succession planning.
Requirements:
- Expert in retail planning, inventory control, and forecasting.
- Proficient Excel and AP21 (or equivalent tools).
- Minimum 5 years in merchandise/planning roles within fashion retail.
- Adaptable in fast-paced, evolving environments.
- Skilled at communicating complex data to diverse stakeholders.
- Strong analytical mindset with attention to detail.
- Influential communicator and confident decision-maker.
- Strategic thinker, customer-focused, and autonomous.
- Capable of coaching and mentoring effectively.
Benefits:
- 50% discount on all brands.
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