Overview
Inventory Planner Jobs in New York, NY at Tiffany & Co.
Title: Inventory Planner
Company: Tiffany & Co.
Location: New York, NY
Position Overview
JOB DESCRIPTION
The Planner is accountable for finished goods purchasing, safety stock planning, zonal allocations and overall inventory productivity for their specific product category. The product accountability scope covers roughly $500M in sales and $200M in inventory cost. The role is responsible for driving and supporting sales globally, maintaining well balanced inventory across Zones to optimize sales and inventory turn.
Key Accountabilities
Finished Goods Purchasing
Plan target inventory levels at global and zonal level based on provided sales forecasts and inventory policies/productivity objectives.
Place manufacturing orders with Industrial team and follow through on receipt timing and on-time delivery
Project inventory landing at rolling 12-24 month horizon at global level
Plan, present and justify OTB targets for purchase plans
Plan and execute new product roll-out strategy
Inventory Allocation
Collaborate with regional Supply Chain Teams on zonal inventory/safety stock targets against given sales forecasts
Deliver daily and weekly allocations to zones based on sell through and safety stock targets
Review zone’s inventory targets to ensure the align with global inventory policies and purchase plans
Partner with distribution and logistics teams centrally and regionally to optimize lead times and manage multi-nodal shipping structure
Monitor inventory misalignment and initiate inter-zone rebalances
Cross-functional Communication/Partnerships
Collaborate with cross-functional teams, including Merchandising, Product Development, Global Assortment and Demand Planning to ensure alignment on project goals and timelines
Facilitate and share clear and consistent communication to Zone Supply Chain partners to manage expectations re. availability and recovery dates for product in tension
Required Qualifications
3 – 7 years business experience
College degree and/or business experience
Retail management experience in merchandise planning and/or replenishment planning
Excellent communicator with the ability to lead in a team environment
Excellent conflict resolution and negotiation skills
Ability to manage and function in a dynamic environment while handling multiple assignments
Preferred Qualifications
Strong analytical skills. Familiarity with multi-product, multi-sales channel environment
Knowledge of distribution operations and merchandise planning experience
Advanced Excel, Power BI or other Planning Applications
The hiring range for this position ranges from $92,310 – $124,890. The rate of pay offered will be dependent upon candidates’ relevant skills and experience.
About Us
Tiffany & Co. is formed from many facets – talented people who make our community stronger with their creativity, perspective, and lived experience. Creating an inclusive workplace and workforce where everyone belongs is at the core of our values. We’re committed to creating a more inclusive jewelry industry that empowers people of all backgrounds to shine and evolve to new heights.
We believe reaching your full potential requires a solid foundation, and your well-being is a central pillar. Tiffany employees are eligible for comprehensive benefits, including global benefits like adoption and surrogacy assistance, and parental leave, as well as programs that support mental, emotional, physical, and financial well-being. We also offer competitive pay, medical, dental, and vision insurance, 401(k) plans with company match, paid time off, alongside other meaningful employee offerings.
