What are the responsibilities and job description for the Inventory Planner position at Luxottica?
Inventory Planner
Requisition ID: 605211
Position:Full-Time
Total Rewards: Benefits/Incentive Information
Luxottica is a global leader in the design, manufacture and distribution of fashion, luxury and sports eyewear. Our wholesale network covers more than 150 countries and our retail presence consists of over 9,100 retail stores across the globe.
In North America, our wholesale business is the home to global brands like Ray-Ban, Oakley, and many of the top fashion house brands. Our leading retail brands include; LensCrafters, Sunglass Hut, Pearle Vision, and Target Optical. We are also home to EyeMed, the fastest growing vision care company in the United States.
Luxottica’s Wholesale teams deliver the highest quality frames, best-in-class expertise and a deep understanding of products and markets to support our customers and fuel their businesses all over North America.
GENERAL FUNCTION
The Inventory Planner is responsible for contributing to profit and growth of all channels of trade of the Wholesale Division by supporting the planning, purchasing and maintenance of effective inventory levels. Mines data and produces reports, metrics and analysis to maximize return on investment for assigned channel of trade’s sales and inventory. Plans purchases and manages inventory to achieve financial objectives (maximizing sales potential, minimizing loss from phase-outs and stock-outs) and works closely with Sales, Logistics, Corporate Planning.
MAJOR DUTIES AND RESPONSIBILITIES
- Projects inventory based on forecasted sales, planned purchases and other adjustments to provide Sales and Finance with data for capital analysis and budgeting.
- Allocates inventory based upon the most urgent demand source
- Prepares daily, weekly, and monthly analysis and reports as required.
- Conducts and provides analysis of key performance indicators (KPIs) among level of stock and in transit quantities.
- Monitors product flows from sources and provides visibility of future product availability.
- Promotes and activates special actions to reduce obsolescence and excess inventory (Retail, one off sales, other subsidiaries…).
- Monitors fulfillment activities and proactively manages exceptions for inventory shortages and delays, including aging of inventory, which may occur.
- Supports Inventory and Allocation team by taking existing reports and reducing the time to analyze the data through macros and queries.
- Identifies issues that impact Operations/Allocation productivity and effectiveness. Identifies solutions.
- Supports and assists project teams with data collection, analysis and presentation/reporting.
- Researches backorder and out of stock issues, works with supply chain teams to correct.
- Makes recommendations to maximize profitability and productivity.
BASIC QUALIFICATIONS
- Bachelor’s Degree in Business Administration or in Finance, Mathematics, Economics, Supply Chain
- 2 years’ experience in similar roles
- Robust quantitative approach to discussions
- Strong analytical and mathematical skills to provide statistics and metrics
- Ability to turn data into useful insights
- Excellent PC skills including MS Office and SAP
- Excel – ability/aptitude to learn/create spreadsheets using advanced formulas (V-lookups, IF statements, pivot tables, macros)
- Experience working on a legacy/enterprise database system and input and retrieve data
- Database – ability/aptitude to access reports, build and manipulate queries
- Excellent communication skills and coordination capabilities
- Ability to drive conversation and influence peers
- Openness to change and confidence within both mature and non-mature environments
- Able to work under high stress and tight deadlines
PREFERRED QUALIFICATIONS
- Experience with fashion sales cycles and department store buying practices
- General understanding of the fashion and accessories industry
- SAP AFS1 experience
- Business Intelligence – ability to create and update reports intelligence reports (Business Objects)
Upon request and consistent with applicable laws, Luxottica will provide reasonable accommodations to individuals with disabilities who need assistance in the application and hiring process. To request a reasonable accommodation, please call the Luxottica Ethics Compliance Hotline at 1-888-887-3348 (be sure to provide your name and contact information so that we may follow up in a timely manner).
We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, gender, national origin, social origin, social condition, being perceived as a victim of domestic violence, sexual aggression or stalking, religion, age, disability, sexual orientation, gender identity or expression, citizenship, ancestry, veteran or military status, marital status, pregnancy (including unlawful discrimination on the basis of a legally protected pregnancy or maternity leave), genetic information or any other characteristics protected by law. Native Americans receive preference in accordance with Tribal Law.
Nearest Major Market: Long Island
Nearest Secondary Market: New York City
Job Segment: Inventory, Retail Sales, Supply, Logistics, Supply Chain, Operations, Retail