Job Description

Inventory Planner

This role follows a hybrid work schedule, with in-office days on Tuesday, Wednesday, and Thursday at our Cypress, CA location, and remote work on Monday and Friday.

WE ARE SPEEDO

The world's leading swimwear brand, Speedo is passionate about life in and around the water. The brand's heritage of innovation derives from its leadership in competitive swimming, where more Olympic Gold Medals have been won in Speedo than any other brand. Unmatched in performance, fit and feel, we are also America’s #1 goggle brand.

From the first splash, to every stroke, the genuine love and excitement we have working with the water is what creates exciting and meaningful relationships.

Speedo is not where we work, but is who we are.

It’s watching a baby in the pool for the first time or our athletes make history. What we do is sacred to us and our connection to the rest of water lovers around the world. Driven by the challenge, not the glory. At Speedo, it is never enough to be good at what you do; you have to love what you do.

Speedo is a part of the Pentland Brands Limited Family.

We are Pentland Brands, a global family business bringing some of the most loved active and footwear brands to millions of people around the world.

We own Speedo, Berghaus, Canterbury of New Zealand, Endura, Mitre, ellesse, Red or Dead and we’re the UK licensee for Kickers and have a joint venture partnership for Lacoste footwear. Our products are available in over 190 countries and are sold either directly by Group companies or are represented by licensees and distributors.

All our brands have their own unique identities and every one of them is powered by Pentland. We have more than 1,200 employees worldwide and we’re always on the lookout for talented, enthusiastic people to help shape our future.

We celebrate differences and give everyone the freedom to innovate and develop, be it through creative working environments or learning opportunities. Our brands are there in the moments that matter - being there for more people, in more of those moments, drives everything we do.

At Pentland, we’re guided by four principles, we use these to make sure we’re not only doing a great job, but we’re doing it in the right way:

• Success is a team game
• With clarity and courage
• Better as standard
• In good conscience

We believe in building brands for the world to love, generation after generation. Your potential is our potential and together we can build and grow brands that last.

KEY PURPOSE:

As our Inventory Planner , you are responsible for inventory management and development of a DC replenishment plan that satisfies demand and optimizes service vs cost objectives as defined by leadership. Your primary role is to plan inventory across core and fashion workflows, manage related planning systems (when applicable) for your portion of the business, and minimize stock excess and obsolescence. Through these actions, you will help improve the overall quality and carrying cost of the inventory while still meeting demand needs and service requirements.

PRIMARY RESPONSIBILITIES:

• Create inventory plans and targets for different product workflows (Core, Fashion, & SMU) based on strategic direction and vision of Leadership.
• Reconcile and revise Purchase Requisition commitments as needed through production lead time.
• Manage/resolve stock-out occurrences and expedite products when needed given inventory position and outlook and report on associated costs.
• Create and analyze recommendations of seasonal and SMU bulk greige commitments with Business and Forecast teams.
• Manage bulk greige buy positioning, allocation, and inventory throughout seasonal finished good production.
• Collaborate with associated planners & merchandisers to proactively manage impacts to the plan (e.g. demand changes, supply variability, etc.).
• Begin inventory segmentation rule setting aligned to both sales and supply chain objectives.
• Plan and track new item introduction across all workflows to ensure products are available to ship from across the network to meet target on-shelf dates.
• Support leadership in preparation of monthly IBP process through creation and explanation of finished goods inventory forecast.
• Based on strategic targets, managing planning parameters such as days of supply, order minimums, safety stock setting, lead time management, and maximum coverage.
• Generate reports and support performance management process in such areas as stock high/low/outs, service levels to customer, weeks of supply vs goal, etc. Achieve KPI Targets.
• Champion inventory/replenishment planning best practices and support continuous improvement in the inventory/replenishment planning and collaboration processes.

QUALIFICATIONS & EXPERIENCE:

• Minimum 1-3 years in Supply Chain management roles, including: inventory & distribution planning, inventory management, operations, buying/procurement, and/or logistics/distribution.
• Consumer products company experience preferred, especially a fast-moving, multi-channel consumer goods business with global manufacturing/sourcing.
• 1+ year with a leading inventory/replenishment planning solution or relevant experience with similar inventory & DRP modules and SAP.
• Bachelor’s degree in business administration, supply chain, or related focus preferred.
• Ability to proactively lead collaborative efforts with commercial planners on inventory policies and impact of forecast changes.
• Strong communication skills with the ability to influence and inform through all levels in the global organization.
• Strong analytical, creative problem solving, and data driven decision making skills.
• Advanced knowledge of Spreadsheet software (Excel).

Pay Range: $85,000 - $100,000 annually

Base pay is a portion of our total compensation package and determined within a range that allows growth and development within your role. Your base pay will be determined based on experience, skills and qualifications.

Pentland Brands and Speedo are equal opportunity employers and considers all applicants for employment on the basis of their individual capabilities and qualifications, consistent with applicable law and without regard to race, color, sex, gender identity or expression, age, religion, creed, national origin, citizenship status, sexual orientation, genetic information, physical or mental disability, military status or any other characteristic protected under federal, state or local law. In addition to complying with all applicable laws, we have a strong corporate commitment to inclusion, diversity and to ensuring that all current and future associates are compensated solely on job-related factors such as skill, ability, educational background, work quality, experience and potential. To achieve these goals, applicants are asked not to disclose salary history information.

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