Demand and Inventory Planner

Join the Flip team: 

A social shopping app [network] redefining the online shopping experience. Born from the idea that shopping should be a communal, transparent, and enriching experience, Flip has quickly become the go-to platform for users who crave authenticity and connection in their shopping journey. At Flip, we believe in the power of real reviews, high-quality products, and a seamless shopping experience that transforms browsing into an engaging adventure. From discovery to checkout, Flip offers everything in one place, fostering a community where every purchase is a shared experience.

The Opportunity:

Are you ready to be part of something truly groundbreaking? As Demand and Inventory Planner at Flip Shop, you'll play a pivotal role in our mission to revolutionize e-commerce. You'll be responsible for managing and optimizing inventory levels to meet customer demand while minimizing excess inventory and stock-outs.

We are seeking an experienced Planner with a minimum of three years of hands-on experience in e-commerce or social commerce. This role requires a strong analytical mindset, excellent communication skills, and the ability to collaborate cross-functionally with operations, buying and accounting teams. In this role you will be external facing, prior experience working with vendor or brand partners is required.

• 1. Inventory Management:
• Develop and implement inventory strategies to optimize stock levels and meet customer demand.
• Monitor inventory levels in relationship to current sales trends.
• Analyze historical sales data, market trends, seasonality and content virality to forecast future demand accurately.
• Identify slow-moving or obsolete inventory and develop strategies to minimize excess stock.

• 2. Demand Forecasting:
• Collaborate with buying team and vendor partners to gather insights into upcoming promotions, product launches, and marketing campaigns.
• Build and utilize forecasting models and tools to predict future demand and adjust inventory plans accordingly.
• Regularly review forecast accuracy and make adjustments as necessary to improve forecast performance.

• 3. Performance Analysis and Reporting:
• Generate regular reports and dashboards to track key performance indicators (KPIs) such as inventory turns, fill rates, and in-stocks.
• Conduct root cause analysis of inventory discrepancies and implement corrective actions to improve accuracy.
• Identify areas for process improvement and recommend solutions to streamline inventory management processes.

• Bachelor's degree in business, supply chain management, or a related field.
• Minimum of three years of experience in inventory planning or supply chain management, preferably in ecommerce or social commerce.
• Proficiency in inventory management software and ERP systems (e.g., NetSuite) ideal, but not required.
• Strong analytical skills with the ability to interpret data, trends, and KPIs.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively across teams.
• Detail-oriented mindset with a focus on accuracy and efficiency.
• Advanced proficiency in Microsoft Excel or other data analysis tools.
• Ability to thrive in a fast-paced environment and adapt to changing priorities.

• Experience with demand planning software or forecasting models.
• Knowledge of e-commerce platforms and marketplace dynamics.