Job Description
Retail Industry Leader seeking a Raw Materials Specialist
Job Details:
Job Details:
- Assess current state process and develop future state business process and capability / tool gap assessment
- Manage a consistent set of reconciliation tools and processes to roll out to all businesses
- Manage tools that show fabric open to buy similar to how planning manages finished good open to buy and inventory
- Identify long term capability and software needs in conjunction with assortment planning and line planning projects underway in merchandise planning
Key Functional Partners / Collaboration
- Centralized role between merchandise planning and production to plan reforecast Raw Materials levels and provide real time views of planned and future ownership
- Primary partners: Production, Merchandise Planning, Merchandising, Design, Pre-Production, Regional partners
- Secondary partners: Finance, Central Planning
Functional Responsibilities
- Apply Merchandise Planning inventory management fundamentals to raw material planning.
- Managing RM needs in conjunction with Finished Goods needs thru BOM planning and similar tools.
- Raw material productivity analyzing, to help identify top/bottom performing RMs
- Monitor and manage raw material inventory levels by category by month and ensure tied to latest sales forecast
- Maintain a rolling 6 – 9 month view of fabrics including beginning and ending position based upon latest receipts projections and fabric commitments
- Analyze fabric trends and provide recommendations on how to optimize Raw Materials purchasing patterns and levels
- Mitigate risk and reduce cancellations/liabilities
- Ensure raw material stock levels can cover demand and translate yard information into units to reconcile with merchandise planning and translate into weeks of supply
- Provide visibility to raw material strategy and trend by season / floorset in order to analyze information of fabric trends to RM levels between development/design/planning/production
- Ensure key RMs are rolling and available thru life cycle determined by design/merchant team
- Provide cross functional connectivity on raw material availability and liabilities between planning/design to promote better connected decisions, and keep teams informed of potential risks
Skills Required:
- 0 – 2 yrs of retail planning, inventory management, financial planning and /or production planning experience
- Bachelor’s degree in finance, operations, economic, business, statistics
- Requires strong problem-solving and analytical skills; strong aptitude with numbers; retail math skills
- Strong technical skills in Microsoft Excel and/or related planning, finance or analytical systems.
- Experienced in data management systems, like enterprise data warehouse, pivot tables etc.
- Strong business influence skills. Role is highly influential and requires input from various teams to be successful
- Able to identify and influence critical stakeholders, proactively problem solve, and recommend solutions
- Extremely strong communication and presentation skills: concisely presents complex information and recommendations in terms meaningful to a variety of audiences
- Onsite Reynoldsburg OH