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Inventory Planning
4 weeks ago
**Who We Are**:
Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today. At New Balance, We Got Now.
**JOB MISSION**:
The Inventory Planning & Allocation Analyst plays a central and critical role in delivering Canadian business results through planning and executing the purchasing and allocation of Finished Goods inventory for Footwear, Apparel and Accessories. This role is responsible for the end-to-end flow of inventory into and out of the Region - from the translation of demand requirements and forecasts into purchase orders to effective order book fulfillment to service NB customers (both Wholesale and Retail) in a highly efficient and financially responsible manner. This role serves as the Voice of the Customer and represents the Region throughout the Value Chain
**MAJOR ACCOUNTABILITIES**:
- **_ Inventory Planning & Management_**
- Finished Goods Purchasing for Footwear, Apparel and Accessories
- Translate market demand and forecasts into purchase orders
- Manage Make to Order (MTO) styles via warehouse size negative process and Direct Container requirements
- Manage Make to Stock (MTS) styles
- +/- Stock Position management
- Manage inventory levels by brand, product line, line plan busines
- Utilize available market intelligence (forecast attainment performance, retail sell through) to dynamically manage on hand and incoming inventoryInterface with Sales and Merchandising on distressed inventory issues
- BOL and EOL strategy execution
- **_
Inventory Allocation to orders_**
- Complete and on time order fulfillment
- Collaborate with Distribution, Logistics and Customer Operations to ensure proper prioritization of incoming receipts and transfers is in line with regional strategies
- Regional and Customer voice to Value Chain and GBU
- Represent Region in weekly Value Chain Operations meetings
- Proactive supply picture management
- Facilitate the resolution of Order Management issues in collaboration with Customer Operations
- Represent Function in S&OP process - New Product Review, Demand Consensus, Supply Review
- Manage Canada Air Freight recommendations/process
- Proactive Communication to Region of supply constraints
- Regional input into Quality Assurance organization
**REQUIREMENTS FOR SUCCESS**:
- Familiarity with Microsoft Dynamic and o9 solutions would be an asset
- Must be knowledgeable of industry, sales channels, the sales process, Demand Planning, booking programs, style life cycle management, and the critical link to supply.
- Ability to multitask, manage day-to-day responsibilities, and work independently
- Forecasting, Merchandising, Sales Planning, Demand Planning, or Supply Planning Experience
- Retail Planning Experience and / or Retail Math Skills
- Strong written and verbal communication and interpersonal skills with an emphasis on problem solving, conflicting objectives, and dealing with multiple customers.
- Ability to adapt quickly to changing priorities and manage time, multiple tasks, and deadlines effectively.
- Must have solid communication and presentation skills
- Occasional travel to Sales Meetings
- APICS Certification
**Flexible Work Schedule**
For decades we have fostered a unique culture founded on our values with a particular focus on in-person teamwork and collaboration. Our hybrid model encourages rich in-person experiences, showcasing our commitment to teamwork and connection, while providing high levels of flexibility to associates. North American office-based associates are expected to come into the office on Wednesdays, with other occasional in-office days for in-person meetings and events as needed. Our offices are fully open and amenities are available across our North American office locations.
**Equal Opportunity Employer**
New Balance provides equal opportunities for all current and prospective associates and takes affirmative action to ensure that employment, training, compensation, transfer, promotion and other terms, conditions and privileges of employment are provided without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, handicap, genetic information and/or status as an Armed Forces service medal veteran, recently separated veteran, qualified disabled veteran or other protected veteran.
