Dylan’s Candy Bar Planner in New York, New York
Job Title: Planner
Job Group: Specialist
By merging the worlds of art, fashion and pop culture with candy, Dylan's Candy Bar has innovated the way we see candy today. With a mission to awaken the creative spirit and inner child in everyone, Dylan's Candy Bar surrounds customers with the most imaginative, state-of-the-art decor, using Pop Art installations to transport its guests to a modern day version of Willy Wonka’s factory. It houses over 7,000 confections, boasting the largest, unparalleled selection of candies and candy-related gifts from around the world.
Dylan’s Candy Bar stores are currently located in New York City, East Hampton, Los Angeles, Miami Beach, Chicago, Woodbury Common Premium Outlets, and international airports including Toronto Pearson, JFK, Houston, Charlotte and more. Dylan’s Candy Bar also has distribution in luxury boutiques, leading department stores, and premium hotels nationally and internationally. For more information, please visit https://www.dylanscandybar.com/ or www.facebook.com/DylansCandy.
The Planner is a key member of the Dylan’s Candy Supply Chain team who will be responsible for analyzing and planning the inventory needs for the three main business units: Retail, Wholesale and E-Commerce. The primary responsibility of this position is to forecast at the SKU level the amount of purchases and timing of deliveries needed for each of the business units’ needs.
Additionally, the Planner will be responsible for allocating the inventory to the various stores and business units and maintaining desired inventory levels. This individual will work closely with the Buying/Product Development team as well as members from the three business units in order to develop appropriate purchase plans that maximize profits while minimizing inventory levels.
The individual must be a self-starter who can quickly learn the inventory system and develop the planning system for this growing business. In addition to the forecasting role, the Planner will monitor all divisions’ sales and highlight trends, report on aged and discontinued inventory and delivery issues.
ESSENTIAL JOB FUNCTIONS
+ + Set and monitor optimal inventory levels on a quarterly basis for each of our stores and selling channels, including wholesale, e-commerce, and international divisions
Forecast sales and recommend purchase order quantities for long lead items to maximize both inventory turns and freight efficiency, at least quarterly.
Monitor and report on sales trends, stock turn, fill rates, and margins on individual SKU's as well as product categories
Allocate seasonal inventory within our retail and ecommerce channels
Monitor inventory loss based on categories such as expiration, damages, and cycle counts. Help identify strategies to minimize aged inventory, inventory with expiration dates, discontinued items, and overstock inventory
Assist channel partners with any inventory needs
Manage orders and order flow to support forecasts based on delivery parameters
React to changes in forecast in a timely manner
Communicate forecast risks or opportunities to the appropriate division
Insure accuracy of inventory and forecasting systems data
Report and follow-up action on backorders, late orders, and other inventory issues
Support Sales Units with stock purchases and or/forecasts as needed
Maintain monthly Open to Buy budgets to prevent overspend.
SKILLS & QUALIFICATIONS
+ + Superb MS Excel skills
Familiar with Open to Buy Concepts and managing an OTB
Experience with food, life cycle expiration, and seasonal purchasing
Experience with markdown strategy and exiting product lines
Experience with NetSuite a plus
Strong written, verbal, and interpersonal skills are necessary
Organization, creative problem-solving, team-player and a continuous improvement mentality are key qualities for success in this career
Minimum 5-7 years as a planner, buyer, or analyst
Bachelor’s degree in related field
Appreciation of Dylan’s Candy Bar unique culture, entrepreneurial attitude, heritage and passion for its products