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Director, Planning & Inventory Management

Company: 5.11 Tactical
Location: Irvine
Posted on: October 11, 2020

Job Description:

ABOUT 5.11, INC.:

Located in Irvine, California, 5.11 is the fastest-growing and most well-known brand of purpose-built apparel, footwear and gear designed specifically to enhance the safety, accuracy, speed and performance of tactical professionals and technical enthusiasts worldwide.

With offices around the globe, 5.11 works directly with end users to create products that exceed rigorous standards and has allowed the brand to establish a reputation for innovation and authenticity, and become the premier choice for those who always have to be ready. Our purpose-built gear has developed strong consumer demand, creating a direct-to-consumer business that is now our largest growth engine. 5.11 products can be purchased online, through authorized dealers and retailers, as well as at 5.11 company-owned retail stores.

Our long-term vision is to build an iconic global consumer brand rooted in serving public safety and military professionals by supplying purpose-built technical apparel, footwear and gear to people from all walks of life.

POSITION SUMMARY:

The Inventory Management Director will drive the optimization of 5.11’s $100M+ inventory investment to meet and exceed financial objectives and deliver the best consumer experience across all channels. The 5.11 Inventory Management team sits at the intersection of Product, Channel Sales, Marketing, Sourcing& Finance teams. The ability to effectively lead, influence& communicate across these teams throughout the go-to-market process to achieve the optimal brand results is paramount to this leadership role. The successful candidate will also forge relationships with the sourcing team to partner on postponement, VMI, near-shore and other sourcing strategies that will further enable 5.11’s quick response to demand changes.

RESPONSIBILITIES:

Provide inspirational leadership and direction to direct reports and broader IM team to ensure the continued development and management of a professional and efficient organization

Lead the development and delivery of all supply chain planning processes, including: 1) top-down pre-season merchandise assortment planning, 2) in-season open-to-buy planning for our fast-growing Retail and eCommerce consumer business, 3) in-season collaborative demand planning with sales and customers for our Consumer Wholesale channel as well as our Public Safety dealer network, and 4) supply chain production planning

Synthesize all planning inputs, along with supply chain variables such as forecast accuracy, target fill rates, safety stock, lead-times and lead-time variability to optimize fill rates across channels and product categories to communicate& execute inventory plans.

Cultivate strong and transparent working relationships across the organization

Lead and deliver S&OP [Sales& Operations Planning] process, metrics& decision-making framework to the organization

Partner with Sales, Product& Marketing teams to proactively share product constraints& inventory excesses to lead the collaboration and problem-solving that optimizes sales and margin, inside lead-time.

Align all Inventory Management activities around maintaining and optimizing the balance between ideal inventory levels, fill rates& cash conversion that meet or exceed financial targets

Deliver analytics and insights that drive optimal product lifecycle& markdown decisions and processes

Set and manage to obsolete inventory targets in coordination with Finance, Sales& Product team leadership

Lead operational and cross-functional continuous improvement process, understanding upstream and downstream impacts to continually optimize processes and RASCI to drive transparency& efficiency

Manage& maintain ISO Quality certification

Drive Master Data structure that enables systems and teams to manage channels and products in multiple ways that optimize inventory levels and fill rates

QUALIFICATIONS:

To perform the job successfully, an individual should have the following credentials:

8+ years of successful leadership experience in planning, S&OP, continuous improvement and supply chain planning and execution functions

Significant experience with inventory optimization, balancing cash conversion with fill rate targets through superior planning, analysis& execution

Experience in Retail Open-to-Buy planning, Wholesale Collaborative Demand Planning (CPFR), Merchandise Financial Assortment Planning, as well as Supply& Production Planning required. Demonstrated ability to synthesize these multiple streams of signals to optimize monthly inventory buys and production plans.

Proven ability to lead execution in a complex, SKU-intensive, multi-channel, multi-category branded business.

Problem-solving orientation with ability to define cross-functional processes and systems requirements to drive efficiency, clarity& accuracy.

Driven by desire to deliver best brand experience to our consumers across all channels.

Experience in leading, managing, developing and motivating teams

Cross-functional collaboration& strong leadership skills

Very strong communication skills. Ability to articulate complex concepts in simple terms to engage cross-functional partners on decisions, priorities and action plans

Self-starter, able to navigate ambiguity& provide direction and structure to a team and cross-functional partners.

ETHOS:

At 5.11, everyone has the opportunity to be a leader and perform in an exceptional manner. We strive to uphold our Ethos which defines our culture– Trusted, Responsive, Accountable and Committed.

Trusted

Strive to create trust in everything we do, starting with self-trust and relationship trust. We work on the components of integrity, intent, capability, and results.

Responsive

Listen to the needs of our end-user Professionals, then develop, produce and deliver solutions to their problems. Each of us chooses to be a leader and takes charge of what is within our circle of influence.

Accountable

Seek to achieve results with a bias for action. We like to compete and be measured against the most demanding standards to ensure our continued success.

Committed

Overcome obstacles to accomplish our goals and support our team members when challenges arise. We complete commitments and seek to‘over-deliver” relative to expectations.

5.11 practice is to hire at age 18 and older.

Keywords: 5.11 Tactical, Irvine , Director, Planning & Inventory Management, Other , Irvine, California

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