Demand Planner

Vaco - Irvine, CA

Full-time

Irvine, CA

Administrative and Support Services

About the position

The Inventory Control Specialist / Demand Planner is a dual-role position focused on ensuring accurate inventory management and effective demand planning to support the company's operational and financial goals. The role requires a detail-oriented and proactive individual with experience in inventory control, demand forecasting, and supply chain management, who can analyze data and collaborate across departments.

Responsibilities

• Regularly audit inventory to ensure systems are balanced during daily order processing.
• Research and resolve inventory issues, adjustments, and discrepancies, ensuring compliance with internal control procedures.
• Assist in maintaining inventory accuracy by completing follow-ups on previous adjustments and conducting cycle counts.
• Perform daily cycle counts, weekly supply counts, and weekly transfer checks to ensure inventory accuracy.
• Track and record inventory data and present reports to various departments.
• Receive products from vendors, check for quality, and communicate potential quality issues to buyers.
• Oversee and maintain the Buys report to ensure alignment with inventory and sales goals.
• Manage monthly forecasts and buy planning, including demand forecasting at department, category, style, product, and size levels.
• Handle purchase orders and invoice management, ensuring accuracy and timely processing.
• Work with marketing, sales, and finance teams to understand marketing programs, new product introductions, pricing changes, promotions, and events.
• Lead the monthly consensus process to develop forecasts that meet supply chain service and inventory goals, and create monthly financial forecasts.
• Track and analyze forecast errors, identifying contributing factors and adjusting item and warehouse levels as needed.
• Perform brand and item mix analysis, providing insights for volume discussions and forecasting accuracy.
• Develop expertise in volume trends, consumption, and industry dynamics.
• Collaborate with supply planning to understand supply chain implications of forecast changes.
• Update and maintain a 2-year forecast in the forecasting system used for manufacturing and deployment planning.
• Continuously improve the forecasting process to minimize errors and enhance accuracy.

Requirements

• 2-5 years of relevant experience in inventory control and/or demand planning.
• Strong analytical skills and attention to detail.
• Proficiency in inventory management and demand forecasting.
• Ability to work effectively with cross-functional teams and communicate findings clearly.
• Experience with forecasting systems and inventory management software.
• Ability to lift and carry up to 50 pounds.

Benefits

• Opportunities for professional development and career advancement.
• Supportive and collaborative work environment.