Director of Inventory Planning & Allocation - Commercial
New York, NY · Full Time
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- Experience
- Any
- Salary
- USD 170,000 – USD 190,000 / year
- Openings
- 1
- Posted
- 14 hours ago
- Work mode
- In office
- Resume
- Required to apply
Where you'll work
Job description
Position Overview
SBH Fashion is looking for an experienced Director of Inventory Planning & Allocation to oversee inventory strategies across our commercial business, which includes wholesale customers and company-run retail outlets. This leadership role involves managing demand forecasting, inventory planning, distribution, and replenishment across both wholesale and retail channels, coordinating closely with e-commerce planning to ensure inventory balance across all segments.
Key Responsibilities
- Lead inventory forecasting and planning for wholesale and retail divisions.
- Formulate annual and seasonal inventory strategies to meet sales, margin, and growth targets.
- Convert commercial forecasts into inventory needs segmented by channel, account, outlet, region, category, and SKU.
- Oversee open-to-buy budgets and recommend inventory investments based on demand trends, lead times, product performance, and financial goals.
- Track and analyze sales metrics, sell-through rates, supply weeks, turnover, stock-to-sales ratios, and backorders.
- Recognize inventory risks and opportunities to optimize revenue and minimize excess or obsolete stock.
- Conduct in-season reforecasting and scenario planning adapting to demand fluctuations.
- Design and manage allocation and replenishment policies for retail stores and wholesale clients, ensuring proper product availability.
- Set allocation rules, safety stock benchmarks, reorder points, and replenishment standards.
- Handle initial product allocations, ongoing replenishment, inventory transfers, and end-of-season consolidations.
- Develop tailored strategies for different product lifecycles including core, seasonal, limited edition, and discontinued items.
- Consider logistical challenges related to home goods such as long lead times and storage demands.
- Collaborate with Sales and Retail teams to address stock imbalances and fulfillment risks based on customer needs.
- Act as principal inventory partner for wholesale and retail leadership and collaborate with e-commerce counterparts to unify forecasting and inventory approaches.
- Establish processes for shared inventory, channel prioritization, and inventory rebalancing supporting company-wide sales and service goals.
- Work cross-functionally with Merchandising, Sales, Retail, Finance, Supply Chain, Sourcing, Operations, and Logistics for seasonal and strategic planning.
- Integrate production timelines, vendor capacity, freight logistics, warehouse limitations, and lead times into inventory decisions.
- Support assortment planning, new product introductions, store openings, and wholesale account growth.
- Deliver comprehensive reporting, insights, and executive recommendations.
- Enhance forecasting models, planning tools, reporting, and inventory management processes.
- Build and lead a high-performing inventory planning and allocation team.
Qualifications
- Significant experience in inventory planning, allocation, merchandise planning, or demand planning roles.
- Background in home goods, furniture, lifestyle, retail, or multi-category consumer businesses is highly desirable.
- Proven ability to manage inventory across wholesale and retail channels.
- Expertise in demand forecasting, open-to-buy planning, allocation, replenishment, and in-season inventory control.
- Competence in handling products with long or variable lead times and complex supply chain dynamics.
- Strong analytical skills with financial acumen to guide commercial decisions based on data.
- Advanced proficiency in Excel and experience with ERP, merchandise-planning, allocation software, and business intelligence tools.
- Excellent communication, presentation, and leadership capabilities driving cross-functional collaboration.
- Ability to balance high-level strategy with attention to detail in a dynamic environment.
Salary
Annual compensation ranges from $170,000 to $190,000.