What are the responsibilities and job description for the Demand Planner position at Lulus?
Description
The Demand Planner is a proactive, detail-oriented role that supports demand forecasting and product-level inventory optimization across multiple product classes. This role plays a key part in ensuring accurate forecasts by product and maintaining ideal product availability.
This is a hybrid role working out of our Los Angeles, CA office. The candidate is expected to be on-site on Tuesday, Wednesday, and Thursday.
What You’ll Do
- Analyze sales data, forecast future demand, and ensure that the right inventory is available to support strategies to meet customer needs
- Assist in developing and maintaining demand planning models and processes to support accurate forecasting
- Collaborate with cross-functional teams, including buying, marketing, and production, to gather information and insights to inform demand planning
- Monitor inventory levels and make recommendations for efficient inventory management
- Identify and resolve discrepancies between forecasted and actual demand
- Utilize various forecasting tools and techniques to accurately predict demand
- Monitor and report on key performance indicators related to demand planning
- Partner with buying to stay updated on market trends and competitor activities to anticipate changes in demand
- Communicate with the production team to ensure the timely delivery of products
- Participate in regular meetings and provide insights and recommendations to improve demand planning processes
- Proactively identify and address potential supply chain issues and work towards solutions
- Adhere to company policies and procedures and ensure compliance with industry regulations
- Continuously seek opportunities to improve demand planning processes and contribute to overall company growth and success
What You’ll Need
- Bachelor’s degree in Business, Finance, or other relevant field
- 2 years of retail apparel planning, demand planning, allocation, or analytics experience
- Excellent communication, written, oral, and group facilitation
- Strong retail math skills
- Professional and positive attitude
- Excellent organizational and time management skills, sense of urgency, highly detailed, and experience in meeting deadlines
- Must be able to work independently
- Proficient Excel skills, including formulas such as sumifs, vlookups, etc., and pivot tables
- Ability to apply logical thinking and sound judgment to a wide range of practical problems
Nice to Have - Bonus Points!
- Planning experience in fashion retail and/or e-commerce
- Passion for women’s fashion
We’re ready to meet you! Come help us achieve our ambitious goals!
At Lulus, we believe our people are our greatest asset and we seek to structure competitive compensation offers to ensure that we can attract and retain the best talent. Our job postings include an annual base salary range for the role. The stated base salary range represents our good faith estimate as to what candidates are likely to expect, and we tailor our offers within the range based on several factors, including the selected candidate's educational and professional experience, industry knowledge, location, technical and communication skills, and other factors that may prove relevant during the selection process. Base salary is a part of a total compensation package, which, depending on the position, may also include an annual bonus and other benefit programs