Title: Inventory Planner & Coordinator Hours of Operation: 9:00 AM – 5:00 PM
Friday hours may vary based on business needs
Up to $100k , Lakewood, NJ
Role Overview
In this role, they will be responsible for overseeing the full lifecycle of inventory planning and management, supporting data-driven decision-making across purchasing, allocation, and overall product performance.
Key Responsibilities Include
Forecasting purchasing needs and planning initial product assortment, including style selection, category mix, and quantity allocation
Identifying styles that should be eliminated, adjusted, or added based on expected performance
Recommending pricing strategies for initial product launches in alignment with target margins
Determining buy quantities based on pricing, sales expectations, and overall assortment strategy
Placing and tracking purchase orders with factories, including monitoring delivery timelines
Allocating inventory across retail locations and ensuring optimal stock levels
Reconciling inventory against packing lists and purchase orders
Maintaining accurate inventory data and documentation across systems
Monitoring ongoing sell-through performance and identifying trends
Managing replenishment of inventory across stores to maximize sales opportunities
Making data-driven decisions on markdown timing and discount levels
Recommending which products should go on sale, when, and at what price points
Collaborating with vendors, factories, warehouses, and internal teams
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