Sr. Inventory Management Analyst
Beauty for All Industries (Bfa)
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See open jobs at Beauty for All Industries (Bfa).See open jobs similar to "Sr. Inventory Management Analyst" Omega Venture Partners.IT
Charlotte, NC, USA
Posted 6+ months ago
Description
About the Role:
As the Sr. Inventory Management Analyst, you will play a critical role in ensuring that our inventory levels are optimized to meet customer demand while minimizing excess and obsolete stock. You will analyze inventory data, forecast kitting demand, and develop strategies to improve efficiency within our supply chain. Your goal will be to maintain an effective inventory management system that supports IPSY’s operational and financial objectives.
This role is highly collaborative and will work closely with Warehouse Operations, Procurement, Accounting, Merchandising, and Product Management / Engineering teams, using strong interpersonal skills and cross-functional collaboration to influence decision-making.
This is an on site role that reports to the Director of Inventory Control, QA and Inbound and is based in our distribution center in Harrisburg, North Carolina (a suburb of Charlotte).
What You’ll Be Doing:
- Inventory Optimization: Monitor and analyze inventory levels to ensure optimal stock availability, reducing costs associated with overstock and stockouts.
- Inventory Balancing: Work with the 3PL to place inventory transfers to support monthly kitting demand without disruption within the monthly transfer order budget.
- Demand Forecasting: Utilize historical data, market trends, and sales projections to forecast future inventory needs and ensure product availability.
- Data Analysis and Reporting: Generate and interpret detailed inventory reports to identify trends, discrepancies, and areas for improvement. Present findings to senior management.
- Supply Chain Coordination: Collaborate with Procurement, Logistics, and Planning teams to align inventory strategy with overall supply chain goals.
- Systems Management: Oversee the implementation and use of inventory management software, ensuring data integrity and system optimization.
- Process Improvement: Develop and implement process improvements to enhance inventory accuracy and reduce lead times.
- Risk Management: Identify and mitigate risks associated with inventory and ensure inventory balancing supports the production plan without disruption.
- Budget Management: Monitor inventory-related expenses and work to stay within budgetary constraints.
What We are Looking For:
- Education: Bachelor’s degree in Supply Chain Management, Business Administration, or a related field. Master’s degree or relevant certifications (e.g., APICS, CPIM) preferred.
- Experience: Minimum of 5-7 years of experience in inventory management, preferably within the cosmetics or consumer goods industry.
- Analytical Skills: Strong analytical and problem-solving skills with a deep understanding of inventory metrics and KPIs.
- Technical Proficiency: Proficient with inventory management software and advanced Excel skills. Experience with ERP systems (e.g., SAP, Oracle) is a plus.
- Communication Skills: Excellent verbal and written communication skills, with the ability to present data-driven insights to stakeholders.
- Attention to Detail: High level of accuracy and attention to detail is critical.
- Adaptability: Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities
Bonus if You Have:
- Multi-system experience with Softeon, Netsuite, Google Docs, Databricks
- Analytical experience with SQL and heavy spreadsheets
- Experience with 3PLs
- eCommerce inventory, subscription, or kitting experience
What We Offer:
- Competitive salary & equity grants
- Annual bonus program (paid out quarterly)
- Medical, dental & vision insurance
- 401(k) plan with company match
- Paid Time Off
- Free BoxyCharm subscription
- Learning & development programs
ABOUT US
IPSY is the largest beauty membership in the world, home to sample-size beauty subscription Glam Bag, full-size beauty subscription BoxyCharm, celeb-curated collection Icon Box, and personal care brand Refreshments. When you join IPSY, you get insane insider prices on buzzworthy beauty that’s personalized for you so you can play, explore, and express your unique beauty every day.
Through product innovation, machine learning technology, and a community-first mindset, IPSY democratizes beauty by delivering not only personalized experiences, but the feeling of authentic self-expression that comes with the discovery of beauty products tailored to your unique preferences.
Our proprietary technology platform is the ultimate in beauty innovation, leveraging millions of member data points that has led to the creation of some of the world’s most-loved beauty subscriptions. To date, we have amassed over 200 million product reviews and built an avid beauty community who is at the heart of all we do.
Our world-class team—from merchandising to machine learning, editorial to engineering, and everything in between—works behind the scenes to make personalized beauty discovery possible.
Ready to join the beauty revolution and inspire everyone to express their unique beauty? Visit our careers site to learn more about the values, culture, benefits, and more across all our brands.
https://www.ipsycorporate.com/careers
https://www.ipsycorporate.com/careers
For United States Remote Roles: Candidates must live in or be willing to relocate to one of the following states where IPSY has established a Business presence to be eligible for hire: Arizona, California, Florida, Georgia, Kansas, Missouri, Nevada, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Dakota, Texas, Virginia, Washington, and Wyoming.
Salary Range: $75,000 - $95,000 USD
Pay is based on several non discriminatory factors including but not limited to experience, education, skills and office location. In addition to your salary, IPSY also offers a bonus, equity grants and competitive benefits package. Final compensation will be determined based on experience and skills and may vary from the range listed above.
EEO Statement: We are an equal opportunity employer who celebrates diversity. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, or any other characteristic protected by federal, state, or local laws.
If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please contact us.
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This job is no longer accepting applications
See open jobs at Beauty for All Industries (Bfa).See open jobs similar to "Sr. Inventory Management Analyst" Omega Venture Partners.