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Sr. Inventory Management Analyst (Temporary Assignment)

Operations | San Francisco, CA | Temporary

Job Description

We’re FORMA. An incubator, accelerator, and curator of today’s beauty brands.

We celebrate, support, and seek those changing the world through creative expression. Each brand in our portfolio is thoughtfully selected, acquired, or created because of the products it offers, the stories it tells, and the beauty it spreads.

We’re a team made of: Equal parts thinkers and doers. Visionaries and operators. Strategists and creatives— we're united by a fierce entrepreneurial spirit. Our dive in, roll your sleeves up, get your hands' dirty approach to every project leads to extraordinary outcomes, and to some of the most popular beauty products on shelves today. We're a creative, professional, highly collaborative, seasoned, well-oiled team. We're in the business of beauty for a reason. There's nothing our team of 200+ people loves more than a good challenge, a great product, and the opportunity to make, celebrate, and spread beauty at scale.

Summary of Position: 

The Senior Inventory Analyst is responsible for inventory management at 3PL DC’s, and inventory optimization across the global warehouse network.  Responsible for transferring product and/or directing PO’s from vendor to support sales.  They are a key player in launching new channels that are fulfilled out of 3PL’s, ensuring inventory is at the right 3PL at the right time.  The ideal candidate is extremely detail oriented with strong follow through, communicates clearly, and collaborates with teams in a fast-paced environment to achieve shared goals.  

 Principle Accountabilities: 

  • Manage inventory across Global 3PL DC’s optimizing inventory and revenue
    1. Manage DRP (distribution replenishment plan) tool
      • Load data weekly
      • Analyze sku level inventory by DC to initiate inventory movement
    2. Provide Production Team with weekly direction on splitting future PO’s to 3PLs to optimize transportation time/cost and reduce tariff cost
    3. Report on Global DC inventory ownership and W.O.H., including inventory optimization action weekly and monthly
  • 3PL inventory management – US (2 locs), UK, CA, Australia, China Bonded Warehouse, etc
    1. Inventory order planning and coordination
      • Review monthly sales forecast, weekly sales trends, inventory on hand and in-transit to create weekly transfers into each 3PL
      • Coordinate and communicate order details to Internal Morphe and 3PL teams
      • Track orders through Internal Morphe DC and from vendor to ensure on time deliveries
      • Create and send ASNs to 3PL’s
      • Work with cross-functional Operations team on 3PL transactions in NetSuite
    2. Communicate Item Master updates (i.e. new items, updates) to 3PL systems
    3. Communicate Bundle SKU's assembly quantities weekly needed at Norris DC
    4. Overall management of 3rd Party rework needed to support International business
      • Review quantities and timing for rework/DC processing/transportation
      • Communicate requirements and deadlines to the DC to execute
    5. New Channel launch inventory management (all channels)
      • Work with merchants and planning team on assortment, timing, and sales/demand forecast
      • Communicate inventory status and risk to cross-functional partners
  • New Product Launches
    1. Work with Production / Sourcing to ensure ETA’s support launch deadlines
    2. Recap new launch in-DC dates and relevant supporting data in the New Launch Calendar
  • Leads IM/Operations processes and meetings
    1. Facilitate and represents IM in cross-functional meetings
      • Facilitate the Daily Ops Stand-up
    2. Subject Matter Expert for IM/Operations processes and Netsuite transactions
      • Onboard and support new global, cross-functional team members
      • Provides back-up for cross-functional teams
  • New systems
    1. Support with pre-launch tasks and testing

Required Skills & Experience:  

  • 2 to 4 years of experience in inventory planning, supply planning or order management.
  • Knowledge of supply chain concepts.
  • Experience in working with ERP and other information systems.
  • Proficiency in Excel and other Microsoft applications and strong attention to detail.
  • Effective communicator with internal and external teams.
  • Able to work a 6 month temporary assignment.  

Physical Requirements: 

Must be able to perform essential functions (with or without an accommodation) without posing a "direct threat" to the health and safety to self or others.

The Company reserves the right to alter, change, abolish and even combine jobs depending upon changing conditions.