What are the responsibilities and job description for the Planning Analyst position at Scandinavian Designs | Dania Furniture?
Scandinavian Designs - Dania Furniture is looking for a Planning Analyst to join our team!
Location: Boise, ID
Position: Exempt / Salaried
Job Type: Full-time / Permanent
Salary Range: Competitive starting salary of $70,000, with significant opportunities for growth!
The Planning Analyst is responsible for managing the buying and inventory flow of our products necessary to maximize the growth of Scandinavian Designs and Dania Furniture. The Planning Analyst will work with our inventory to raise our profits by making strategic decisions on purchases from our domestic and international vendors and be hands-on for product forecasting and supply data and trend analysis in line with product and business objectives. Our Planning Analyst will have a keen eye for detail, strong analytical abilities, expertise to navigate changing market conditions as well as strong negotiation skills. This role is at our Boise ID headquarters, and this is a non-remote position.
What You Will Do
This link leads to the machine-readable files that are made available in response to the federal Transparency in Coverage Rule and includes negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers. The machine-readable files are formatted to allow researchers, regulators, and application developers to more easily access and analyze data.
Who We Are
A family business 60 years in the making, with 50 furniture showrooms and 700 employees across the U.S. Our sister-brands (Scandinavian Designs and Dania Furniture) are a contemporary home furnishings destination rooted in a love for Nordic culture, modern design and quality craftsmanship. We offer extensive product and sales training to facilitate career growth. Our compensation includes a competitive pay program, comprehensive health and retirement benefits.
In efforts to support the hiring of Veterans, please submit a DD214 or equivalent discharge paperwork from branches of the US Forces when applying for preferred for our preferred veteran hiring process.
We're an equal opportunity employer to all. We interview and hire applicants of all backgrounds, orientations, expressions, and identities.
Location: Boise, ID
Position: Exempt / Salaried
Job Type: Full-time / Permanent
Salary Range: Competitive starting salary of $70,000, with significant opportunities for growth!
The Planning Analyst is responsible for managing the buying and inventory flow of our products necessary to maximize the growth of Scandinavian Designs and Dania Furniture. The Planning Analyst will work with our inventory to raise our profits by making strategic decisions on purchases from our domestic and international vendors and be hands-on for product forecasting and supply data and trend analysis in line with product and business objectives. Our Planning Analyst will have a keen eye for detail, strong analytical abilities, expertise to navigate changing market conditions as well as strong negotiation skills. This role is at our Boise ID headquarters, and this is a non-remote position.
What You Will Do
- Analyze sales trends to flow inventory to distribution centers to maximize sales in retail and online.
- Responsible for maintaining the company forecasting Buy Plan tool via MS Excel and Power BI.
- Monitor inventory levels and ensure stock availability across all business units.
- Own the creation and maintenance of company planning models and reporting including but not limited to:
- Product profit margin and recommendations.
- Inventory and demand planning reports.
- On Order, Ranking, Out of Stock Reports, and predictions.
- Product development and assortment planning initiatives trackers.
- Create, build, and adapt additional KPI reports as needed in partnership with FP&A.
- Work with the Buying team to forecast new products to ensure timely new product launches.
- Manage vendor delivery times to ensure accurate lead times are being met and take corrective actions to minimize out-of-stock and overstock inventory.
- Craft strong relationships with key suppliers to maintain quality of goods, timely delivery, and compliance with terms of contracts.
- Collaborate with Buying and Retail teams on liquidation and promotional strategies to work through obsolete and overstocked inventory on a regular basis to balance on-hand inventory with the desired company margin goals.
- Evaluate and make recommendations on stock level adjustments at the Retail and Distribution Center levels to optimize sales and minimize inventory spend.
- Forecast inventory buys, prepares, and issue purchase orders to vendors.
- Partner with department leaders to analyze merchandise trends, define KPI, track departmental goals and support as needed with Buyers, Marketing, Visual Merchandising, DCs, showrooms and operations.
- Perform other duties or special projects when assigned.
- Experience as an Inventory Analyst, Inventory Planner or relevant role controlling inventory in a strategic way to strengthen and improve the business.
- Love working with product and merchandise planning and predictive modeling on MS Excel and Power BI.
- Exceptional leadership, interpersonal, organizational, and analytical skills.
- Possess the ability to effectively manage multiple ongoing projects at the same time.
- Excel in negotiating prices and terms and conditions with the company’s best interest in mind.
- Proficient in Microsoft Suite and Microsoft Office:
- Confident in a wide range of Excel formulas and analysis.
- Excited and experienced to transition the company to MS analytics including Power BI.
- Supporting a team with strong self-initiative, able to work independently, collaboratively with vendors and DCs and able to meet tight deadlines.
- Continuously working to improve and learn higher functions.
- Actively work to find solutions for problems and streamline processes to optimize workflow.
- Possess strong written and verbal communication skills with the ability to present to business leaders and other members of the organization when needed.
- Familiarity with working Open-to-Buy plans is a plus.
- This job operates in a professional office environment. This role routinely involves standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.
- Prolonged sitting, standing, moderate reaching and occasional lifting up to 30 lbs.
- Occasional overtime and weekend work and travel to other locations.
- Our positions require successfully completing the pre-employment background check and signing a nondisclosure agreement.
- Bachelor’s degree in business administration or equivalent Purchasing experience.
- Benefits for Full-time Associates* including:
- Health benefits with opt-in for Dental, Vision benefits and possible Health Savings account (HSA)
- 401K
- Work life balance
- Paid Time Off (PTO)
- Regular schedule
- Generous merchandise discounts
- Pet Insurance
- Tuition Assistance
- Benefits eligibility depends on scheduled hours.
This link leads to the machine-readable files that are made available in response to the federal Transparency in Coverage Rule and includes negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers. The machine-readable files are formatted to allow researchers, regulators, and application developers to more easily access and analyze data.
Who We Are
A family business 60 years in the making, with 50 furniture showrooms and 700 employees across the U.S. Our sister-brands (Scandinavian Designs and Dania Furniture) are a contemporary home furnishings destination rooted in a love for Nordic culture, modern design and quality craftsmanship. We offer extensive product and sales training to facilitate career growth. Our compensation includes a competitive pay program, comprehensive health and retirement benefits.
In efforts to support the hiring of Veterans, please submit a DD214 or equivalent discharge paperwork from branches of the US Forces when applying for preferred for our preferred veteran hiring process.
We're an equal opportunity employer to all. We interview and hire applicants of all backgrounds, orientations, expressions, and identities.
Salary : $70,000