VP of Inventory Planning

Stanton Carpet • Woodbury, NY, United States • $200k - $250k / year • 1m ago

Woodbury, NY, 100 Sunnyside Blvd Ext, Woodbury, New York, United States of America Req #12

Stanton Carpet is the leading designer and supplier of decorative high quality self-branded carpet, custom fabricated rugs and hard surfaces. Stanton sells its products across the mid to high end residential as well as decorative commercial marketplaces. Stanton is rated #1 Favorite Area Rug Manufacturer for Style, Quality & Service and Top 5 Favorite Carpet Manufacturer among our customers in Floor Focus magazine.

Overview of Company:

We are currently seeking a results-oriented VP of Inventory Planning. The VP of Inventory Planning will be responsible for implementing a forecasting process to improve the accuracy of inventory and replenishment. The position will strategically manage planning, forecasting and procurement processes to optimize cash flow while maintaining inventory levels to ensure product availability to meet company service and business plan objectives.

Responsibilities Include:

Develop a dynamic forecast and inventory projection tool to improve analytical agility and reporting capabilities
Implement a weekly PSI plan review and monthly SIOP process across the organization
Establish key performance indicators (KPIs) and develop reporting mechanisms to track and measure inventory performance
Collaborate with the commercial organization to analyze sales data, market trends, historical information, and statistical data to create inventory forecasts
Develop and execute inventory performance strategies to help the team identify risks/opportunities
Drive inventory optimization initiatives, including assortment rationalization, markdown management, and replenishment strategies
Continuously evaluate and optimize inventory processes, systems, and tools to enhance operational effectiveness and scalability
Collaborate with cross-functional teams to ensure that inventory, planning, and allocation processes are integrated and aligned with business goals
Review, update and modernize inventory management policies, procedures, and best practices to ensure accurate and timely inventory management
Evaluate and implement software to monitor demand and document characteristics of inventory
Communicate and regularly monitor the purchase plans with team of buyers
Other duties as assigned

Qualifications Include:

Bachelor’s degree in business administration, Supply Chain Management or a related field
8+ years’ experience in inventory & distribution planning, inventory management, operations, buying/procurement, and/or logistics/distribution
Knowledge of Flooring industry a plus
APICS CPIM Certified preferred
Strong analytical skills and experience working with data modeling
Proficiency in data analysis tools (e.g., Excel, SQL) and inventory management software
Solid understanding of inventory planning concepts, demand forecasting techniques, and inventory optimization strategies
Excellent communication and interpersonal skills with the ability to collaborate effectively across departments and influence stakeholders at various levels
Detail-oriented mindset with the ability to prioritize tasks, meet deadlines, and drive results in a fast-paced, dynamic environment
Strong problem-solving abilities and a proactive approach to identifying opportunities for process improvement and operational efficiencies

Background:

Founded in 1980, Stanton Carpet is a leading designer, marketer and wholesaler of high-quality, self-branded decorative carpets, custom area rugs and luxury vinyl plank. The company is comprised of five brands, spanning the entire spectrum of the premium flooring market, with an offering of hundreds of styles as well as thousands of SKUs. Stanton products are primarily distributed through the retail showroom channel, partnering with dealers geographically dispersed across the United States and Canada. Stanton is recognized for providing unparalleled award-winning product, quality and service, which are a result of its highly driven team. Stanton is headquartered in Woodbury, NY, maintains its own customer service and distribution center in Calhoun, GA, and a hard surface distribution center located in Pensacola, FL.

Stanton is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.