Job Description

As the Demand Forecast & Inventory Manager, you will directly impact on the trajectory of our business. You will play a pivotal role in the smooth running of the product side of our Operations function while ensuring partner and client delight as a result of the timeous supply of all our products where and when they are needed. Here\'s the lowdown on the position: Salary Range: $15+ USD/hour Job Type: Full Time Set-up: Permanent Work-From-Home Examples of the work you\'ll own To be successful in this position you will own and manage the following: Demand Forecast/Planning o Master data: ABCL, FG Hierarchy and MS o Owns Consensus Meeting/Process, Accountability for Total Company Consensus o Root Cause analysis to drive improvement for FCST Accuracy/Bias o Business trend analysis for ongoing and new launch o Owns Sell IN Demand (weekly/monthly) o Key Liaison for retailers on Open to Buy o Owns Launch dimensioning (in partnership w/ Sales and Marketing) o Add/Delete List Management for Catalogue by retailer o Understand the retailer\'s stock policy o Month End Carryover process Supply /Inventory management o Own total inventory on Saleable, WIPs, POSM o Manage the 3PL assembling o Own S&OP (OTB) Review Meeting o Stock Policy o Monthly and year end inventory report o Drive approvals of Regulations and Transportation approvals via plan validation o Low Days Analytics and Recovery o E&O, Expiration Risks for Visibility and Reduction Plan How we measure success Forecast Accuracy: Percentage difference between forecasted and actual sales on a monthly and quarterly basis. Inventory Turnover: Frequency at which inventory is sold and replaced over a specified period. Stockout Rate: Percentage of times a product is out of stock when a customer order is placed. Excess Inventory: Value or percentage of inventory that is over the optimal level. Lead Time Adherence: Percentage of supplier deliveries that meet the agreed-upon lead time. Order Cycle Time: Time taken from placing an order with the supplier to receiving the goods. 3PL Performance: Evaluation of 3PL\'s on-time deliveries, accuracy, and responsiveness. Aging Inventory: Percentage or value of inventory that has been in stock for a certain period without being sold. Holding Costs: Total costs associated with storing unsold inventory. Collaborative Forecasting Accuracy: Degree to which joint forecasts with Sales and Marketing teams align with actual outcomes. What we are looking for A minimum of 5 years in demand forecasting and inventory management. At least 2 years in a management position. Comprehensive knowledge of forecasting tools and inventory management systems. Strong proficiency in analytical and problem-solving skills. A proven knack for interdepartmental communication and collaboration. Ability to flex both creative and analytical muscles, applying out-of-the-box thinking to strategic problem-solving. A collaborative mindset and openness to feedback. You appreciate that great work is a product of collective effort and are comfortable expressing your ideas and changing your mind when presented with compelling perspectives. Proven ability to work collaboratively with cross-functional teams in a fast-paced and sometimes ambiguous start-up environment. Ideally, candidates will possess an in-depth understanding of the beauty and wellness industry and its market trends. A degree in Supply Chain Management, or a related field is required; a Master\'s degree would be a bonus.

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