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Company: Bob's Discount Furniture
Location: Manchester, CT
Career Level: Mid-Senior Level
Industries: Retail, Wholesale, Apparel

Description

Job Summary

The Manager, Inventory and Supply Planning Optimization within the Bobs Discount Furniture's supply planning organization will be primarily responsible for managing all quantitative and analytical projects related to optimizing the inventory levels and the flow of goods across the supply chain to deliver best in class service levels to Bob's customer. The position is also expected to partner with all cross functional partners (logistics, DC, merchants etc) to implement Inventory and supply planning strategy.  This position will also manage the development of supply planning processes in partnership with IT to drive efficient and optimized end to end flow of products across the omni supply chain from supplier to distribution center to customers.

Who We Are

At Bob's, we have fun, we love what we do, and it shows in our expansive growth! Bob's Discount Furniture is more than just a furniture store. We are one of the fastest growing omni-channel furniture retailers in the country with over 180 stores!

How We Will Support You

At Bob's we understand there are many companies you can choose to work for, so, along with exceptional opportunities for career growth we offer a fun team-oriented work environment and great benefits! Let us tell you more.

Benefits & Perks- We've got you covered! We believe in supporting our employees and their families in the best ways possible is a top priority. We focus on three core wellness pillars: Emotional, Physical and Financial. Below are just some of the benefits that we offer:

  • Feeling under the weather, we've got you covered! We offer Nationally provided Medical, Dental and Vision Insurance

  • Paid Vacation, Personal Days, Sick Days, Holidays, work anniversary and your Birthday! After all, your birthday should be a holiday

  • 401(k) Profit Sharing Plan with a Generous Company match!

  • Pet Insurance to help keep your furry friends happy and healthy

  • Life insurance – Employer-paid basic Life Insurance, with the option to add Voluntary Life Insurance as well!

  • Financial Planning, Voluntary Legal Benefits and Wellness Plans

  • We already offer value priced furniture, but on top of that we offer a Generous Employee Discount starting on your 1st day!

  • Additional Employee Discounts through the “Hays Perks discount program” offering hundreds of online discounts from your favorite merchants.

  • And so much more!

Culture and Core Values- At Bob's we have a set of core values that shape the decisions we make every day and help define our company culture. These values comprise what we call "The Bob's Way." Honesty, Integrity, Transparency, Community, Safety, Diversity, Accountability and Fun.

DIVERSITY IS A CORE VALUE AT BOB'S

At Bob's Discount Furniture, we want you to feel at home. Whether you're shopping with us or a part of the Bob's team, we want you to know that you are valued, appreciated, and free to be who you are.

We are committed to creating a place as diverse as the communities we serve.

Learn and Grow- We believe in developing our team members and helping them grow both personally and professionally! We promote Professional Development: In-person, virtually and offer an infinite library of on-demand classes in Workday Learning. We also offer Tuition Reimbursement as well as the BDF Education Foundation Scholarship Program open to employees and their dependents. Want to grow at Bob's professionally? We look to promote from within our organization by having robust succession planning in place to ensure that our team members have the opportunity to advance their careers.

Responsibilities

  • Develops and manages advanced safety stock models to drive the right target inventory across assortments with different demand characteristics to improve overall customer in stock, Inventory turns etc.

  • Accountable for inventory optimization to consistently achieve service level goals while minimizing inventory investment across the supply chain.

  • Partners with Merchandising, Supply Chain and Finance to align inventory system controls (minimum order quantities, min/max, safety stock, velocity rankings) with business objectives. Ensures analysis and communication of impact of proposed changes.

  • Oversees the execution of key inventory control parameters that drive the supply planning and replenishment system.

  • Manages the supply planning analytics team, with the charter of creating, implementing, and enforcing Bob's inventory management strategy, focused on ensuring availability of supply to meet customer demand and minimizing excess.

  • Develop analytical models to systemically identify root cause for out of stock across categories and partners with the supply planning and cross functional team to drive improvements in overall in-stock levels.

  • Develop Inventory scorecard at different hierarchies (category, DC, Channel etc.) that not only tracks key KPI's (Inventory Turns, In Stock etc.) related to Inventory but also drives actionable reporting to improve the KPI's.

  • Works closely with the supply planning functional team in ensuring inventory strategy is aligned to supply strategy with primary focus on ensuring availability of supply and ensuring Inventory goals and Bob's customer demand are met.

  • Manages and leads analytical team to develop key performance metrics as it relates to supply planning including supplier on time performance, accuracy of PO receipts, short- and long-range flow projections etc. Engages as needed with key supply partners (suppliers, inbound logistics, DC operators) to map and develop processes to meet business needs.

  • Leads the development of new analytical approaches by evaluating industry trends and proposes solutions.

Required Qualifications

  • Strong analytical and problem-solving skills

  • Excellent mathematical reasoning -- The ability to understand and analyze sales numbers and inventory management principles

  • Exceptional leadership, time management, facilitation, organizational and problem-solving skills

  • Ability to use critical thinking -- Using logic and analysis to identify the strengths and weaknesses of different approaches

  • Demonstrated skill in advanced data analysis techniques by resolving missing/incomplete information, inconsistencies/anomalies in more complex research/data

  • Minimum 2-3 years successful experience as an Inventory and/or Supply Chain Analytics Manager

  • Bachelor's degree in Inventory Management, Industrial Engineering, Supply Chain Management, Mathematics, Statistics or related discipline

  • High proficiency level in MS Excel and Power BI (or similar reporting tools) , and comfortable with synthesizing large datasets for defining purposeful messaging and insights.

  • Advanced level of knowledge and understanding of relational database skills (Access, SQL Server, etc.) and experience writing Complex SQL queries to pull large sets of data, performing analysis using SQL queries

  • Very proficient in using programming languages like R, Python to build and develop analytical models/processes.

  • Must be well versed with supply chain processes, Inventory strategy including safety stock models and stocking /replenishment policies.

  • Excellent communication and listening skills

  • 2+ years of leadership experience, including people management and development, partner interaction and process management

Preferred Qualifications

  • Master's degree in Inventory Management, Industrial Engineering, Supply Chain Management, Mathematics, Statistics or related discipline

  • Proficient in using Optimization language like CPLEX, Gurobi etc

Physical Requirements

Ability to sit for longer periods of time in an office setting.

Expected Base Pay Not Including Potential Commissions, Incentive, Bonus, etc. Opportunities:

$100,000 - $140,000


 

It is policy of Bob's Discount Furniture, Inc., to provide equal employment opportunity to all employees and applicants for employment. No person shall be discriminated against or harassed because of race, religion, color, sex, age, national origin, disability, pregnancy, citizenship, veteran or military status, or any other protected status in accordance with federal, state or local law.

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