Thames & Kosmos Hiring for Inventory Planner at Growing Educational Toy & Game Company Job at Providence, RI Full Time

Inventory Planner at Growing Educational Toy & Game Company

Thames & Kosmos (Providence, RI) is looking for someone to assist with all aspects of inventory planning and procurement. Our expert team (including a few office dogs!) publishes and distributes educational science kits, educational toys and board games.

This position is responsible for forecasting customer demand, making purchasing decisions, and optimizing inventory flow to maintain ideal in-stock levels for our partners and appropriate investment levels in our warehouse. Additionally, this position supports the Director of Operations and works closing with the Purchasing
Team to ensure inventory flows in as planned.

Inventory Planning Responsibilities:

• Independently analyze current and historical customer order information and retailer POS to develop SKU level demand plan and forecast recommendations.
• Lead bi-weekly planning review to evaluate current demand vs. forecast and make purchasing recommendations.
• Analyze inventory metrics including stock levels, lead times, costs and provide performance reports for management reviewing KPIs. (e.g. out-of-stocks, investment levels, aging, etc…)
• Lead communication with customers’ planners and T&K’s sales department to align on customer-specific forecasts and plan inventory to ensure high in-stock percentages.
• Manage key account inventory allocations and reservations
• Conduct variance analysis of both customer POS and company shipment forecasts.
• Communicate regularly with sales, customer service, and management to review retailer shipments against forecasts.
• Create new processes and improve upon existing procedures to more accurately forecast demand and plan inventory.

Secondary Responsibilities (Assists the Purchasing & Logistics Associate):

• Process, monitor and track Purchase Orders in ERP system.
• Monitor production schedules with vendors and import shipment schedules to ensure on-time delivery.
• Process Sales Confirmations from vendors.
• Perform inventory receipts and resolve receiving discrepancies.
• Verify vendor invoices for accuracy and payment approval.

Qualifications:

• College degree in Supply Chain Management, Engineering, Business Management or related field.
• Minimum of 2 years experience in inventory demand and/or supply planning.
• Extremely proficient in MS Excel.
• Experience communicating directly with customers and vendors.
• Highly organized and capable of managing multiple projects with exceptional attention to detail.
• Strong follow-up skills, analytical thinker and problem-solver.
• Ability to process large amounts of data and deliver concise recommendations.
• Ability to work independently in a dynamic, fast-paced environment.
• Strong communication skills (written & verbal)
• Experience with SAP B1 and Valogix a plus.

Compensation

• Salary commensurate with experience. Full-time.
• Full company-paid health, dental and vision insurance.
• Health club membership allowance.
• Generous vacation and sick day policy.
• 401K available after one (1) year of employment.

Job Type: Full-time

Pay: $45,000.00 – $65,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee discount
• Flexible schedule
• Health insurance
• Paid time off
• Retirement plan
• Tuition reimbursement
• Vision insurance

Schedule:

• 8 hour shift

Supplemental Pay:

• Bonus pay

Education:

• Bachelor’s (Preferred)

Experience:

• Inventory control: 1 year (Preferred)

Work Location: One location