What are the responsibilities and job description for the Planning Inventory Associate position at Wayfair?
At Wayfair Planning and Inventory Management, we thrive to partner with thousands of suppliers to maximize customers’ experience. This means driving speed and availability through inventory and position strategies with suppliers leveraging Wayfair’s fulfillment services (CastleGate) as well as suppliers’ own supply chain capacities.
Availability strategy is at the forefront of building an innovative, scale-able business strategy for Wayfair to support business growth. You will help develop insights to influence suppliers’ product assortment, production, supply chain and operations. Other focus areas include financial analysis to support decision-making related to inventory levels, managing excess inventory, promotional inventory planning, and improving overall inventory efficiency.
We are looking for highly-motivated individuals to partner with suppliers to grow their business with Wayfair - with a focus on availability, inventory turns, and forward positioning.
What You'll Do
- Assist in developing and executing strategies to optimize sales, turns, in-stock rates, and network balance
- Work cross-functionally with a variety of teams including Analytics, Category Management, and Forecasting to understand sales and market trends in your space impacting forecasts
- Create plans for replenishment orders or sell-through actions reflective of supplier goals
- Communicate with suppliers to ensure follow-through on replenishment orders and inventory commitments and to develop sustainable, long-term strategies to grow the business
- Monitor key performance indicators and drive corrective actions with suppliers and cross-functional partners
- Manage efficient inbound inventory flows and health, including forecasting, purchasing, and removing aged inventory
- Help align Wayfair teams (Operations, Promotions, Category Management) to ensure strong supplier execution and to understand and manage the demand drivers impacting growth
- Support initiatives to drive improvements in the Inventory Planning systems, data, and processes
- Drive root cause analysis/reporting on inventory related issues, developing action plans and Project managing improvements
- Conduct ad hoc analysis (financial and operational) using standard scripts and reporting to access data and/or Excel to drive supplier action and support decisions
- Regularly communicate performance trends and improvement opportunities to management both within and outside your immediate line of reporting
What You’ll Need
- Bachelor’s degree in Business, or a Supply Chain/Operations discipline
- 1-2 years of experience in operations, retail, engineering, consulting, strategy or finance
- Experience with Microsoft Excel and data visualization tools required
- Strong written and verbal communication skills
- High attention to detail and proven ability to manage multiple, competing priorities simultaneously
- An entrepreneurial spirit and mindset; you must be adaptable and comfortable with change
- Team-first attitude with enthusiasm for cross-functional collaboration
Assistance for Individuals with Disabilities
Wayfair is fully committed to providing equal opportunities for all individuals, including individuals with disabilities. As part of this commitment, Wayfair will make reasonable accommodations to the known physical or mental limitations of qualified individuals with disabilities, unless doing so would impose an undue hardship on business operations. If you require a reasonable accommodation to participate in the job application or interview process, please let us know by completing our Accomodations for Applicants form.
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About Wayfair Inc.
Wayfair is one of the world’s largest online destinations for the home. Whether you work in our global headquarters in Boston or Berlin, or in our warehouses or offices throughout the world, we’re reinventing the way people shop for their homes. Through our commitment to industry-leading technology and creative problem-solving, we are confident that Wayfair will be home to the most rewarding work of your career. If you’re looking for rapid growth, constant learning, and dynamic challenges, then you’ll find that amazing career opportunities are knocking.
No matter who you are, Wayfair is a place you can call home. We’re a community of innovators, risk-takers, and trailblazers who celebrate our differences, and know that our unique perspectives make us stronger, smarter, and well-positioned for success. We value and rely on the collective voices of our employees, customers, community, and suppliers to help guide us as we build a better Wayfair – and world – for all. Every voice, every perspective matters. That’s why we’re proud to be an equal opportunity employer. We do not discriminate on the basis of race, color, ethnicity, ancestry, religion, sex, national origin, sexual orientation, age, citizenship status, marital status, disability, gender identity, gender expression, veteran status, genetic information, or any other legally protected characteristic.
We are interested in retaining your data for a period of 12 months to consider you for suitable positions within Wayfair. Your personal data is processed in accordance with our Candidate Privacy Notice (which can found here: https://www.wayfair.com/careers/privacy). If you have any questions regarding our processing of your personal data, please contact us at dataprotectionofficer@wayfair.com. If you would rather not have us retain your data please contact us anytime at dataprotectionofficer@wayfair.com.
Salary : $44,700 - $56,600
