Manager, Inventory Planning - Sephora at LVMH Perfumes & Cosmetics | NY, US | Rezi

Manager, Inventory Planning - Sephora at LVMH Perfumes & Cosmetics

Manager, Inventory Planning - Sephora

LVMH Perfumes & Cosmetics · NY, US

2 weeks ago

Manager, Inventory Planning - Sephora

LVMH Perfumes & Cosmetics · NY, US

17 days ago
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About the Role

Fresh is seeking a driven, analytical, and entrepreneurial supply planner to join our Business Planning team as Manager, Inventory Planning. This role will ensure wholesale accounts receive the right products at the right time and in the right quantities, driving continued growth. Responsibilities include monitoring sales data, analyzing inventory levels, maintaining and improving forecasting models, and managing the product life cycle.

Responsibilities

  • Ensure optimal inventory levels at wholesale accounts to meet sales targets and inventory goals for Sephora (US, Canada, Mexico) and Kohl’s.
  • Monitor and achieve targeted In Stock/Presence rates at wholesale accounts.
  • Monitor and manage optimal inventory for Brick and Mortar vs. Ecommerce channels.
  • Manage inventory levels by reviewing Inventory Turn, In Stocks, WOS, Sell Thru, and sales trends, developing tactics to mitigate forecast fluctuations.
  • Build strong relationships with Wholesale Partners’ planning teams to gain insights and strengthen planning processes, output, and retailer fill rate.
  • Develop SKU Productivity analysis to maximize business and recommend strategies for trending categories while minimizing unproductive SKUs through RTVs.
  • Manage RTV projection file, ensuring timely communication and execution of RTVs for discontinued SKUs.
  • Proactively turn off replenishment on high WOS SKUs to minimize EOL liability and track dollars to budget.
  • Develop Sales and Stock analysis to maximize business and provide weekly recommendations to drive retail and gross sales, identifying geo-targeted opportunities.
  • Communicate new launch and limited life allocations, inventory planning, and strategy to NA retailers.
  • Implement strategies, methodologies, and best practices for supply planning, including segmentation, safety stock, inventory analysis, predictive analytics, and scenario planning.
  • Forecast sales and shipments for innovation and launches.
  • Provide input into the Monthly Forecast Review (MFR) with Global Forecasting.
  • Collaborate with Key Accounts and Marketing to develop bottom-up shipment assumptions for promotions, secondary exposure, and media.
  • Maintain NA Order Book Roll Up daily/weekly to ensure monthly shipment forecasts are achieved, communicating variances and partnering with the Key Account team to develop solutions.
  • Monitor gross sales and ensure monthly forecast accuracy.
  • Communicate daily with Customer Service / Shared Services on order status and work with the DC Team to ensure timely order shipment.
  • Generate Invoiced Evolution report beginning Week 2 of fiscal month.
  • Manage and monitor key performance indicators including fulfillment rates (90% target) and consumer service metrics.
  • Partner with Global Supply to ensure inventory availability to support orders.
  • Develop processes to minimize shipping chargebacks and implement steps to mitigate risk.
  • Maintain weekly and monthly sales and inventory reports to support analysis, solutions, and forecasting.
  • Conduct ad hoc analyses and build new tools and models.

Requirements

  • Bachelor’s Degree required in a related field such as Business Administration or Finance.
  • 5+ years of experience in Merchandise Planning, Buying, Retail Planning, Inventory Management and/or Allocation.
  • Strong business acumen and financial aptitude; commercially astute and profit-driven.
  • Strong reporting and analytical skills with an understanding of Retail Math.
  • Expert in Microsoft Excel (with proficiency in lookups, pivot tables, links).
  • Knowledge of data warehouse orchestration.
  • Demonstrated experience with retail analytics data models.
  • Experience with weekly/monthly SKU-level assortment planning is highly recommended.
  • Strong attention to detail and results-focused.
  • Excellent communication and interpersonal skills.
  • Multifunctional with strong organizational skills and attention to detail.
  • Consumer-obsessed; identifies emerging niches, concepts, and strategic opportunities.
  • Effective time management skills required.
  • Natural curiosity to explore and find opportunities or solutions.
  • Ability to work independently and be flexible to changing priorities in a fast-paced environment.
  • Strong sense of ownership and determination to get things done.
  • Creative thinking and innovation to drive profitable business decisions.

Skills

  • Microsoft Excel
  • Data Warehouse Orchestration
  • Retail Analytics Data Models
  • SKU-level Assortment Planning
  • Retail Math
  • Forecasting
  • Inventory Management
  • Supply Planning
  • Demand Forecasting
  • Sales Data Analysis
  • Reporting
  • Analytical Skills
  • Communication Skills
  • Interpersonal Skills
  • Organizational Skills
  • Time Management Skills

Location

  • New York City

Work Type

  • Full-time

Experience Level

  • 5+ years of experience

Education Level

  • Bachelor's Degree

Salary/Compensations

  • $90,000 - $120,000 USD

Benefits

  • Fresh and LVMH Sponsored Trainings and Workshops for Personal and Professional Development
  • Opportunities for networking and building relationships with LVMH Community and Network
  • Opportunities to join internal communities: DEIB Council, Sustainability Champions, LVMH Employee Resource Groups
  • Free professional consultation, referrals and counseling through the Employee Assistance Program (EAP)
  • Free 24/7 confidential mental health support
  • Comprehensive paid time off inclusive of Floating Holidays and Summer Fridays
  • Fertility Services, Maternity and Newborn Support, Adoption and Surrogacy Assistance
  • Paid Parental Leave (Inclusive of Maternity, Paternity, Adoption, Surrogacy) at eligibility
  • Travel & lodging for those who can’t access care
  • Back-up dependent Care and Tutoring
  • Fresh In-Store Discounts and Gratis
  • LVMH Group Friends and Family Sales across all divisions within LVMH
  • Pre-Tax Commuter Benefits through Wage Works
  • Additional Health Club Discounts, Sporting/Entertainment Ticket Discounts, Insurance Discounts (Pet, renters, home)
  • Medical, dental and vision
  • 401k with Company Match + Additional Employer Contribution at eligibility

About the Company

  • Fresh is a global company headquartered in New York offering a full lifestyle line spanning skincare, lip care, bodycare, and fragrance in over a dozen countries.
  • We aspire to make the best products on the market and be the best beauty brand to work for.
  • We’ve created a warm, inspiring environment with world-class benefits that encourages our teams to dream big.
  • We intentionally foster a spirit of belonging, celebrate diversity, and support every employee to feel welcomed, valued, respected, and heard.
  • By embracing curiosity and collaboration, we recognize that our differences strengthen us.

Equal Opportunity

  • Fresh provides equal employment opportunities to all employees and applicants without regard to race, color, religion, religious creed, national origin, ancestry, citizenship, sex, gender (including gender identity and expression), pregnancy, age, sexual orientation, physical or mental disability, medical condition, genetic information, sexual orientation, marital status, familial status, veteran status, or any other legally protected status under applicable federal, state or local laws.
  • We are committed to fostering a professional work environment free from discrimination and harassment, including discrimination and harassment based on all protected categories.