Who We Are:
Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today.
JOB MISSION:
The EMEA Senior Inventory Planner plays a central and critical role in delivering EMEA business results through planning and executing the purchasing and reservation of Finished Goods inventory for assigned product area. This team is responsible for the end-to-end flow of inventory in and out of the Region. Inventory Planning is responsible for the translation of forecast and demand requirements into purchase orders, resulting in optimised order book fulfillment to service all New Balance channels of business.
The ideal candidate will develop strong relationships with various teams across the business, demonstrating our key values; integrity, team-work and total customer satisfaction. Confidence in influencing others will be key to this role, with cross functional collaboration essential.
MAJOR ACCOUNTABILITIES:
Inventory Management
Finished Goods Purchasing across Footwear, Apparel, Accessories and Equipment
Translate market forecast and demands into Purchase Requisitions
Manage Make to Stock (MTS) and Make to Order (MTO) items via Purchase Requisitions review and approval process
Manage and Approve Direct & Cross-dock purchases
Execute the planning and on-time delivery of Strategic and Allocated Programs
Manage inventory levels by channel, product line & line plan business
Using insight from sales planning, S&OP meetings and available reporting, dynamically manage on hand and incoming inventory
Interface with Sales, Merchandising & Finance to drive sell-thru before End of Life where inventory opportunity has been identified through S&OP process
Item Life Cycle Management: Beginning of Life (BOL), Middle of Life (MOL) and End of Life (EOL) strategy execution
Review and manage life cycle behavior to ensure that item transitions are executed effectively
Provide recommendations for service level updates and/or system enhancements to deliver process improvements
Collaborate with Global Supply Planning across all Source Types to ensure Key Launch strategies are supported
Analyse and evolve size curve recommendations and system functionality to optimise demand fulfillment and maximise the utilisation of finished goods inventory
Leverage historical sales data (ie. sell through, consumer orders, etc) to create best in class size curve profiles and process recommendations
Collaboration with cross functional stakeholders to gather business insights to influence and shape size curves for allocated and/or specific item sizing
Lead and partner with cross functional stakeholders to execute strategic enhancements to all reservation & prioritization business rule logic
Incorporate best in class operating models and business practices to maximise inventory turns, on-time order fulfillment and minimise EOL inventory obsolescence (Ie. Booking Program Logic, Inventory Pool Optimisation, Inventory Shareability across markets & channels, Go-to-Market Execution)
Own the logic and analysis for Customer Service Levels and Safety Stock to ensure optimised inventory levels and demand supportability
Demand Fulfillment
Complete and on time order fulfillment
Collaborate with Logistics and Customer Operations to ensure proper prioritisation of incoming receipts and transfers is aligned to regional strategies
Active participant with focus on continuous improvement and evolving business processes within Operations meetings
Proactive management of inventory availability and on-time order fulfillment
Analyse Inventory dashboards & reporting to take appropriate action
Execute Finished Goods Buy Summary
Optimise order fulfillment for various strategic and priority items to ensure on time in market launches and replenishment
Lead the resolution of supply related sales order management issues in collaboration with Customer Operations
Active engagement within monthly S&OP process and all other relevant operational meetings
Support teammates and provide necessary recommendations with expediting Finished Goods via various ship modes in partnership with Value Chain, Logistics, Customer Operations, etc. Ie. Air Freight, Inventory Transfers, etc
Proactive Communication to Region of supply constraints
REQUIREMENTS FOR SUCCESS:
Relevant number of years’ of related experience
Must have knowledge of Inventory Planning, sales process, demand planning, item life cycle management
High level of accountability and responsiveness to stakeholders
Experience of full ownership of own area of expertise
Strong numeric acumen, written and verbal communication skills
Robust interpersonal skills with an emphasis on problem solving, conflicting objectives, and dealing with multiple customers and various priorities
Ability to adapt quickly to changing priorities and manage time, multiple tasks, and deadlines effectively
Continuous improvement mindset to facilitate the recommendation of business process and system functionality enhancements within evolving business model
Occasional travel across the region may be required
Proficient in Microsoft Office: Excel, Outlook, PowerPoint, Word, etc
Experience with Microsoft D365, o9 and/or Spotfire, a plus
APICS Certification, a plus
BENEFITS:
Discretionary Bonus Opportunity
Private Medical Insurance
Dental Scheme
Pension Scheme
Flexible Working Hours
Hybrid working (3 days on-site)
25 days Annual Leave per year
Life Insurance
On Site Gym
Employee Discount
Flexibility to work 20 days from anywhere each year
Wellbeing and Mental Health Benefit (24/7 Employment Assistance Program & Support)
Equal Opportunity Employer:
New Balance is committed to equality of opportunity for all current and prospective associates regardless of age, disability, race, religion or belief, gender, sexual orientation, pregnancy and maternity, marriage and civil partnership and gender reassignment. We are an equal opportunity employer and support a culture of diversity and inclusion.
If you have not already done so, please let us know if you require any support so we can make the right adjustments and considerations should they be required.