Job Description
Demand & Inventory Planner
Remote
Who We Are:
Therabody is the wellness tech leader with a mission to inspire and enable every body and mind to keep moving. Therabody’s product ecosystem includes category-creating innovations in wellness products, proprietary software, digital content, and biometrics that have proven benefits around alleviating stress and pain and enhancing performance and sleep. Not only is it part of our brand ethos to help others, but we are also defining the cutting edge of wellness technology while winning accolades such as Fast Company’s Brands That Matter, Oprah’s Favorite Things 2022 and the TIME Best Inventions 2022 award.
Who We’re Looking For:
Therabody is seeking an experienced Demand and Inventory Planner to join our Operations department. As the Demand and Inventory Planner, you will be responsible for forecasting customer demand and managing inventory levels to ensure optimal supply chain performance. You will work closely with cross-functional teams, including sales, marketing, and production, to gather data and develop a demand plan that meets customer needs and maximizes profitability.
Key Responsibilities:
- Collaborate with cross-functional teams to gather data and develop a demand plan based on historical trends, market intelligence, and sales forecasts
- Monitor inventory levels and identify potential shortages or excesses
- Develop inventory replenishment plans to ensure optimal stock levels, minimizing stock-outs while avoiding overstocking
- Review and analyze sales data to adjust demand and inventory plans as needed
- Generate regular reports on inventory levels, sales trends, and demand forecasts
- Work closely with production teams to ensure that inventory levels support production needs and delivery schedules
- Identify opportunities to optimize inventory levels and supply chain performance
- Provide input on product life cycle management to ensure that inventory levels are adjusted to reflect changes in product demand
- Develop and implement policies and procedures to improve inventory management and optimize supply chain performance
- Ad hoc analysis as required by management
The Right Person Would Have:
- Bachelor’s Degree in Supply Chain Management, Logistics or a related field.
- 3+ years of direct work experience in Demand Planning, Supply Chain/Inventory Planning
- Strong analytical and problem-solving skills
- Excellent communication and collaboration skills
- Systems and Tools: Proficient in the Microsoft Office software programs, with excellent skills in Excel. (Power BI Preferred)
- General knowledge of MRP planning systems or aptitude to learn technical applications quickly. (Oracle NetSuite Preferred)
- Self-Starter, and able to perform in a fast-paced environment
- Presentation Skills: Must have effective verbal and written communication skills. Good problem-solving skills are essential.
- Financial and Business Acumen: Ability to evaluate financial and business indicators and translate data into results driving actions.
- Analytic Skills: Ability to think objectively and interpret meaningful themes from quantitative and qualitative data
- Collaboration: Able to build constructive and effective relationships with a broad and diverse group of business partners