Merchandise Inventory Planner

Replenishment Planner

At SBH, our purpose is to inspire a more colorful, confident, and welcoming world. We are the leader in professional hair color, selling and distributing professional beauty supplies across 11 countries through our Sally Beauty and Beauty Systems Group businesses. Sally Beauty offers products for hair color, hair care, nails, and skin care to retail customers looking for salon-quality products at a value price. Beauty Systems Group, branded as Cosmo Prof or Armstrong McCall stores, along with its direct sales consultants, sell professionally branded products intended for use and resale by salons to retail consumers.

Essential Function Responsible for replenishment of planogram merchandise the replenishment process and quantity allocation from forecast to PO for assigned businesses. The Replenishment Planner analyzes and adjusts system forecasts based on daily review of product movement including seasonality, industry and market trends, and probability of anticipated sales. Responsible for delivering forecast accuracy and forecasting bias as per defined goals by SKU and/or product family. Partner with Buyer to manage category distortions and Open to Buy - and allocate inventory dollars effectively to drive the business. Drive consistency in sku FC and replenishment that align with AOR goals. Manage the preplanning process and asset allocation to identify and drive grow / maintain / decline businesses. This position is hybrid reporting into the support center at Legacy West in Plano Texas.

"The Company does not provide visa sponsorship for this position. Applicants must be currently authorized to work in the U.S."

Primary Duties

• 50% Forecasting: Create and manage replenishment forecasts through PO creation using JDA systems and tools. Recognize and reconcile forecast exceptions. Track actuals against forecast. Manage new and conversion store forecasts. Follow up on POs from Vendor through DC and to store to ensure proper flow. Align item plans with financial targets for AOR and drive to OTB metrics.
• 25% Partnerships: Work with Buyer/SBU on strategies to drive the business. Work strategically with suppliers, supply chain, and store partners to translate vendor commitments, supply chain capacity, stores stock levels, and marketing into plans that achieve the sales, GM and unit turnover expectation.
• 25% Drive the JDA process Analytics/Reports to enhance JDA effectiveness: Generate and analyze forecast performance reports. Determine causal factors impacting forecasts and act: weather, moving seasons, etc. Manage new, increased footprint, decreased footprint, and end of life forecasts. Maintain key metrics against goals for forecast accuracy and inventory optimization.

Knowledge, Skills and Abilities

• College degree (BA or BS) or equivalent work experience
• 3-5 years experience with planning at a retail or wholesale company merchandise planning and allocation, demand planning, production planning.
• 2-3 years planning and executing projects involving multiple groups across an organization.
• Experience with retail buying or logistics preferred.
• Solid understanding of inventory management practices and procedures.
• Strong mathematical and statistical knowledge.
• JDA experience would be a plus.
• Capability to multitask in a fast paced environment.
• Excellent written and verbal communication skills that helps influence and shape future business decisions.
• Highly analytical with a sense of business curiosity.

Competencies/Attributes

• Excellent analytical skills and ability to plan, forecast, and exercise sound judgment.
• Strong communication skills.
• Exceptional math ability.
• Spreadsheet, database, and word processing software (Microsoft Office).

Working conditions & physical requirements

Location: Hybrid | Monday, Tuesday, Wednesday at the Sally Beauty Support Center, Legacy West (Plano, TX); Remote Thursday and Friday

The typical working environment is in the support center office, and the work is sedentary. Typically, the associate may sit comfortably to do the job. However, some tasks and activities may be walking, standing, bending, carrying light items such as papers, files, books, and small parts, driving an automobile to a store location, etc. These activities are not frequent and do not require significant physical demands to perform the work.

While involving everyday risks or discomforts, the work environment is designed with standard safety precautions. These precautions, typical of offices, meeting and training rooms, retail stores, residences, or commercial vehicles, include using safe work practices with office equipment, avoiding trips and falls, observing fire regulations and traffic signals, etc. The work area is adequately lighted, heated, and ventilated, ensuring the safety and comfort of our associates.

Benefits:

We offer a competitive salary and outstanding benefits package that includes medical, dental, vision, life Insurance, paid vacation and sick days, paid holidays, tuition reimbursement and 401(k) with company match. In addition, associates of SBH may take advantage of our in house salon with complementary services and a varied selection of food options at our corporate campus. Also, featured at our corporate campus, is both a Sally Beauty and CosmoProf Professional onsite store, where associates enjoy a great merchandise discount!