Associate Director of Inventory Planning

Who We Are

ThirdLove disrupted the lingerie industry by empowering women to find their perfect fit online with our innovative Fitting Room® quiz and is one of the original brands to operate 100% direct-to-consumer. All design and R&D is done in-house, and our extensive and complex supply chain is fully managed by our team. Inclusivity is at the core of who we are and how we serve our customers and build our teams.

Traditionally, women were given a choice between two options when it came to their bras and underwear: Be sexy, or be comfortable. Our Cofounders: Dave Spector, Heidi Zak, and Ra’el Cohen, thought that was outdated too — so, in 2013,  they created ThirdLove — a third, better option, which doesn’t force us to choose between being sexy or comfortable. 

What Our Team Embodies

Our culture is collaborative, fast-paced, and data-driven, and we were most recently recognized with the Great Place to Work certification. This recognition is given to a very small percentage of companies who apply for it and determined by employees’ real-time reports of their company culture. Earning this designation demonstrates to us that our team at ThirdLove is  inspired by our mission, engaged in their everyday work, and enjoy partnering with our teammates and customers. If you want to impact millions of people, find your fit, and propel your career forward, we’d love to hear from you.

What We Are Looking For

You are the leader of planning & inventory strategies for a digital-first intimate apparel company.  Your main objective is to determine the proper investment levels across styles, sizes and sales channels in order to achieve sales and product margin targets.  You are also responsible for aligning on cross-functional business plans and overseeing all product level forecasting and inventory budgets.

This is a fast-paced, incredibly dynamic opportunity for someone who thrives in an entrepreneurial environment but can also establish efficient processes and is a wizard at analysis and identifying business patterns.

What You Will Own And How You Will Make A Difference 

1.  Inventory Investments - Ensure product availability to meet monthly sales forecasts.  Oversee inventory budget and OTB to optimize inventory turns and hit inventory KPIs. Partner with FP&A and Merchandising on balancing sales growth with product margin targets.
2. Product & Size Planning - Oversee  monthly forecast for each product in the assortment, incorporating any bottoms-up trends into brand plan above.  Partner with team to adjust plans in-season to capitalize on seasonal opportunities and minimize risks.
3. Partner closely with Merchandising to influence assortment and product decisions including EOL and new product intros based on inventory investments and perceived risks/opportunities.
4. Business Insights.  Analyze selling patterns across styles, sizes and colors to understand customer demand in an omnichannel environment.  Develop action plans to drive product performance and forecasting.
5. Inventory Flow Management - Partner closely with production and operations to ensure timely and cost-effective deliveries to 3PLs.  Balance speed to market with minimizing transit costs. 
6. Channel Expansion - Partner with FP&A to set sales and inventory targets for new sales channels, including retail, wholesale and Amazon. Optimize processes and tools for sales analysis and allocation. 
7. Coach and develop Planning team; Remove roadblocks, ensure alignment on key initiatives, and prioritize workload in order to drive efficiency and results
8. Various other tasks and duties as assigned or needed

Who You Are

• Ability to analyze large data sets from various sources and make smart recommendations that drive the business forward
• Ability to communicate clearly and succinctly to different levels of management to drive action
• Sense of urgency and ability to prioritize workload

You Have

• Minimum 5 years of manager-level open-to-buy planning for an apparel or consumer product company; preferably in intimates or numeric-sizing category
• Strong knowledge of e-commerce and retail; wholesale and other channels a plus
• At least 3 years of managing and developing a team
• Solid working knowledge of demand planning tools including enterprise (SAP, Oracle) or online 
• Experience working cross functionally, including merchandise, production, FP&A  and operations
• Experience communicating monthly results and analyses to executive management

ThirdLove Offers You

• Competitive salary + equity
• Medical/Dental/Vision insurance
• Paid parental leave
• Flex time o