Inventory Planner

Woonsocket, RI
Job Terms:
Start date:
Posted By:
Margie Franco

Job Description:

Aquent's well renown Fortune500 company is looking for an Inventory Planner for a 4+ month assignment, with potential to extend beyond! The Inventory Planner is accountable for managing/shaping demand and all of its components for a group of retail products working collaboratively with Category Management, ensuring inventory and service levels are within targets defined by leadership. 

- Overall responsibility for accurately managing the forecast across a set of products/categories so that the business may be appropriately planned based on that forecast 
- Work collaboratively with vendors and other parts of the business to ensure that key factors that influence demand are understood and reflected in the forecast 
- Responsible for managing inventory levels for a set of products/vendors/categories to support demand while meeting inventory turn and service level targets 


Achieve sales, margin, in-stock and inventory targets. 

Collaborate with Merchants, Planners, and Analysts on item flows, JDA forecasts, seasonal plans and advertising schedule. 

Develop and maintain baseline forecasts using JDA Demand module 

Develop and maintain inventory and purchase plans using JDA Fulfill and Order Optimization module 

Develop and maintain promotional, seasonal and event forecasts using Soft Solutions 

Monitor Forecast accuracy and resolve exceptions with the goal of forecast improvement accounting for market intelligence 

Works with Category and Planning leadership to understand trends, identify new products, new product and promotional strategies and evaluate impacts on demand 

Monitor inventory and service level performance and resolve exceptions 

Use input from the analytics team to determine appropriate forecast models and parameter settings 

Work with Inventory and Category leadership to support a collaborative approach and structure. 

Partner with Finance, Logistics & the Transportation organization to identify supply chain and financial opportunities 

Required qualifications 
3+ years of Retail industry experience in Merchandise planning; 

Preferred qualifications 
-JDA Forecasting & Replenishment. 
- Master’s Degree in Supply Chain or MBA an asset Supply Chain Certification. 
- Previous experience in an S&OP environment. 
- Strong overall computer skills using quantitative products, such as Excel Mathematical and strong statistical knowledge. 
- Strong analytical and problem-solving skills. 
- Ability to calculate and analyze key forecasting metrics such as forecast MAPE and bias. 
- Strong business/financial acumen and Supply Chain knowledge. 
- Strong interpersonal and influencing skills. 
- Ability to resolve high profile issues. 
- Good judgment and decision-making ability. 
- Excellent verbal and written communication skills, including 

High School diploma required. 
Undergraduate degree in Business, Economics, Management Science, Mathematics, Statistics, Supply Chain or Operations Management 

Client Description:

This client is a fantastic consideration for those who want to combine working with a large retail brand and a true “do-good”, customer-centric focus. Most people we’ve placed here say the company’s innovations within their Retail Loyalty & Personalization program and Healthcare Services offerings is a standout characteristic. Their leadership, competitive edge and innovations within their businesses and markets is having a direct impact on the size of the teams, and we’re seeing massive growth. What a time to get involved!

This client:

  • Is considered by Fast Company to be amongst the most innovative companies

  • Is listed by Forbes as one of the world’s most admired companies

  • Makes it their mission to guide people toward better health

    • This includes altering the products they offer at retail to more health-conscious offerings!

Our client has recently made a move toward a major merger, which means this is a great time to get involved! Two big industry brands coming together.

Working here gets you into a fast-paced environment, with tons of cross-functional working relationships. You’d have exposure to a number of teams related to any project you’re working on, and we sometimes see freelancers convert to permanent employees on teams they’ve had the opportunity to interact with. This is definitely a standout opportunity!