What are the responsibilities and job description for the Analyst, Demand & Inventory Planning position at Book of the Month?
Book of the Month is seeking an Analyst, Demand & Inventory Planning to contribute to the Supply Chain & Operations team’s ongoing initiatives, which will require keen eyes for detail and precision. This role will primarily assist with Inventory Management and Forecasting, but you will have the opportunity to gain exposure to other parts of Supply Chain & Operations for a lean DTC, e-commerce company. Over time, you may support the execution, monitoring, quality assurance, and reporting of operational functions within Book of the Month. The ideal candidate will be highly organized, data-driven, and eager to solve complex problems and make an impact across a variety of operational disciplines.
What you'll do: You will work across two to three of the following functional areas, depending on the needs of the business.
Forecasting and Demand Planning
What you'll do: You will work across two to three of the following functional areas, depending on the needs of the business.
Forecasting and Demand Planning
- Collaborate cross-functionally with Editorial, Customer Experience, Finance, Marketing, Engineering, and Product to forecast and anticipate inventory and demand planning requirements for membership, books, paper, non-book inventory, and new product launches
- Update and monitor our daily demand forecast across multiple monthly cycles simultaneously
- Forecast and communicate labor requirements to our 3rd party fulfillment centers
- Forecast, monitor, and communicate SKU velocity to our warehouses to optimize fulfillment efficiency and improve SLA
- Develop and maintain inventory strategies to optimize stock levels, reduce obsolescence, and support service level goals
- Monitor forecast accuracy and drive continuous improvement in forecasting processes and tools
- Proactively monitor POs, inventory levels, forecast accuracy and other relevant KPIs to avert stockout and replenish inventory as needed
- Communicate cross-functionally to notify appropriate stakeholders of potential stockouts, preorder status, backorder status, and inbound inventory delays
- Oversee inventory health, including cycle counts, reconciliations, and root cause analysis of variances
- Lead the integrated planning process (S&OP) to align supply, demand, and operational capacity across functions
- Perform detailed Excel analysis to support key SC&O and BOTM initiatives
- Provide regular reporting to management on inventory levels, forecast accuracy, backorder rate, inventory obsolescence, and other relevant KPIs
- Deliver actionable insights and recommendations to senior leadership through regular reports and business reviews
- Work closely with Engineering and Product to build automation that improves our supply chain and overall team efficiency
- Assist the SC&O team on various projects and tasks as needed
- Bachelor’s degree in supply chain, engineering, finance, or math strongly preferred
- 1 - 2 years of professional experience in an analytical role requiring quantitative analysis and problem solving
- Strong Excel skills are a must
- SQL skills are a plus.
- Highly detail-oriented and resourceful
- Thrives working in a fast-paced environment and ready to work hard
- Interested in commercial fiction and/or ecommerce
- Strong analytical skills and a passion for working with data
- Strong communication skills, both verbal and written
- Highly organized and disciplined with great attention to detail
- Knowledge in data science, supply chain, finance, and/or logistics
- Ability to work in a highly collaborative and dynamic environment
- Ability to be resourceful and proactively take initiative
- NetSuite or similar software experience a plus
Salary : $70,000 - $90,000
