Inventory Planning & Allocation Analyst

Job ID
14494
Category
Sales, Sales Operations & Mgmt
20 Guest St
Boston
MA
02135
USA

Overview

New Balance has a history of 100 years of enduring performance and is still running strong today. Part of what makes New Balance so unique is our commitment to making products that not only provide performance, but also superior fit and comfort. The same attention that is placed on our athletic shoes and apparel is also placed on our associates. New Balance thrives because of the passion and dedication of the people we hire. We rely on our associates to match our enthusiasm for the business and to help drive consumers to move further, faster and more frequently. We seek associates who are always on the move. Associates who push themselves forward and are motivated to move New Balance forward. Ask yourself: Are you ready to move the world?

Responsibilities

The North America Inventory Planning & Allocation Analyst plays a central and critical role in delivering North American 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

 

Key Responsibilities:

  • Inventory Planning & Management
    • Finished Goods Purchasing for Footwear, Apparel and Accessories
      • Translate market demand and forecasts into purchase orders
        • Manage Make to Stock (MTS) styles via MPS buy recommendations
          • +/- Stock Position management
        • Manage Make to Order (MTO) styles via warehouse size negative process and Direct Container requirements
      • Manage inventory levels by brand, product line, line plan business
        • Utilize available market intelligence (forecast attainment performance, retail sell through) to dynamically manage on hand and incoming inventory
        • Interface with Sales and Merchandising on distressed inventory issues
      • BOL and EOL strategy execution
        • Review and manage Merch Class behavior to ensure that style transitions are executed effectively.
        • Collaborate with Global Supply Planning to ensure Key Launch strategies are supported

 

  • 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 (Global Business Units)
      • Represent Region in weekly Value Chain Operations meetings
      • Proactive supply picture management
        • Waterfalls
        • Tetris report
      • 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 NA Air Freight recommendations/process
      • Proactive Communication to Region of supply constraints
      • Regional input into Quality Assurance organization
        • Leverage Actionable Insight reporting
        • Lead GBU and QA issue resolution
        • Own communication strategies to field and internal stakeholders

Qualifications

Mission Critical Competencies / Skills

  • Leadership
  • Organizational Agility – High Influencing Skills
  • Strong strategic thinking and outstanding analytical/quantitative skills.
  • Business Problem Solving
  • Industry, Channel, and / or Customer Expertise
  • Strategic Planning
  • Overall Planning and Organizing Competency

 Key Experiences

  • 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

Business Qualifications:     

  • Four-year college degree and a minimum of 5 years related experience
  • Must be knowledgeable of industry, sales channels, the sales process, Demand Planning, booking programs, style life cycle management, and the critical link to supply.
  • 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

We believe our associates are meant to grow through the development of their talents and to capitalize on opportunities to share their passion for the business. New Balance rewards associates with generous, industry-leading benefit and development opportunities, which support our associates' health, wealth and overall well-being. In addition to a comprehensive medical and vacation benefit package, we offer: Development Programs, Discounted Health Club Membership, Fitness Reimbursement, Employee Discounts, Tuition Reimbursement, Corporate Gift Matching and 5 % Matching 401 K Program.

We are an Equal Opportunity Employer

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