Inventory Planner

Buyer & Inventory Planner

· Inventory Planning – with emphasis on seasonality and trend analysis

· Inventory Control

· Locate, select and purchase merchandise for resale, representing company in purchase negotiations

· Ensure inventory is purchased, stocked and consistently replenished

· Product Development – In conjunction with Creative Director and Business Development Director

· Work closely with in-house production department to build product to maintain inventory levels of domestically assembled products

· Knowledge of retail packaging and processes

· Private Labeling experience and understanding

· Knowledge and understanding of international business, specifically dealing with Asia (China, Hong Kong & Taiwan)

· Working knowledge of all laws and regulations relating to procurement and contracts

· Knowledge of purchasing and supply chain systems

· Understanding Market trends

· Bring about upgrades, advancements and improvements to current purchasing processes that will lower the cost of doing business based on the data being analyzed

· Understanding of Landed Costs, tariffs and duties

· Understanding of profit margins

· Work with CEO and business development director to determine products the company will sell, help set prices based on the market and competition

· Create profitable ways to manage obsolete and slow moving inventory to help offset losses

· Maintain and update company pricelist

· Housewares experience a plus but not necessary

· Work with CEO, CFO and Business Development Director on profitability analysis

· Analyze past and current product performance and recommend areas to improve profitability

· Knowledge of ocean freight and container consolidation

· Experience in managing hundreds of SKU’s

Key Competencies:

· Communication Skills

· Supply Chain and Procurement Knowledge

· Inventory Management and Planning

· Negotiating Skills

· Planning and organizational skills

· Analytical Skills

· Problem solving

Travel:

· Ability to travel to Hong Kong and Chicago annually, typically for one week annually (when this is permitted again)

Education & Experience:

· College degree in business, supply chain, materials management or related field.

· Five to eight years of purchasing management experience

· Experience in purchasing overseas, ideally with China

Job Type: Full-time

Pay: From $50,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Disability insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• Monday to Friday

Supplemental Pay:

• Bonus pay

COVID-19 considerations:
All employees wear masks, temperatures of all staff are taken each morning. Hand sanitizer, masks and other PPE are available.

A full detailed copy of our COVID protocols and procedures can be made available if requested.

Typical start time:

• 8AM

Typical end time:

• 5PM

Company's website:

• www.morethanbaking.com

Company's Facebook page:

• https://www.facebook.com/randminternational

Benefit Conditions:

• Waiting period may apply

Work Remotely:

• No