Inventory Planner

1 week ago

London, United Kingdom Marks & Spencer Full time

**Summary**

Our Supply Chain & Logistics colleagues are essential to delivering our huge range of own-label Food, Clothing & Home products to our customers. We’re innovating, using technology to push boundaries, and delivering an innovative logistics function. Join us on this remarkable journey as we shape the future of M&S

Based at our Paddington Support Office our Inventory Planners focus on balancing the maximisation of DWA (and sales) for subsets of product ranges/departments with lowering operating costs across Supply Chain & Logistics and Retail operations. Ensuring that available stock is systemically distributed to the right channel, to the right location and in the right quantities to minimise trapped stock, maximise DWA, minimise operating cost and improve inventory turns.

**What’s in it for you**

Being a part of M&S is exactly that - becoming a part and playing your part. We’re an inclusive, dynamic, exciting, and always evolving business built on core values.

Here are some of the benefits we offer that make working for M&S just that little bit more special
- 20% Colleague discount on most things from furniture, fashion and food.
- A first-class welcome to M&S with a tailored induction and a wide range of training schemes to help with your learning and development. Having options to progress is something we’re proud of at M&S.
- Attractive annual bonus, based on company performance and personal objectives.
- 29 days holiday including bank holidays
- Amazing perks and discounts via our M&S Choices website. Including GymSave - that offers up to 25% off Gym Memberships and the option to become an M&S Shareholder using our ShareSave & ShareBuy Schemes
- Charity Volunteer Day - A paid day away from work to support your chosen charity.
- A very generous Defined Contribution Pension Scheme and Life Assurance

Every colleague at M&S has access to a fantastic range of wellbeing support - this includes access to our 24/7 Virtual GP, PAM Assist to support you & your family as well as many other schemes.

**What you’ll do**

Your key accountabilities will include
- Delivering product segmentation analysis including the monitoring and subsequent authorising of movement between segments
- Validating VM and Presentation settings, regularly reviewing top down (MP) vs bottom up (JDA) stock projections and authorising any required action to close the gap. Responding to trade and adjusting inventory parameters and replenishment approaches
- Implementing inventory segmentation approach that determines the required stock holding at size-location level and implementing this across the replenishment system to all channels. Carrying out movement between segments and continuous improvement of the framework
- Complete analysis and modelling to inform Inventory Planning Manager decision making for replenishment optimisation. Including: Pick frequency at stroke-colour and size-store level; Best-fit replenishment strategy at stroke-colour and size-store level (e.g. continuous replenishment vs min/max vs periodic replenishment); Delivery schedule changes
- Monitoring Demand Weighted Availability across all of Clothing & Home and reacting accordingly. Aligning DRP Timefence maintenance across all areas. Delivers promotional, peak and new launch stock builds through timely and accurate allocations

**Who you are**

Your skills and experience will include
- A proven understanding of sales forecasting and supply chain processes
- Experience using JDA fulfilment parameters and inventory planning techniques
- Highly organised with any eye for detail and able to prioritise multiple conflicting priorities
- Strong IT literacy skills including experience with or capability to use one of the following analytics tools, e.g. JDA, SQL, databases, Spotfire and Microsoft Excel to perform detailed analysis
- Ability to build strong cross functional relationships and challenge, influence and persuade others to move towards a common vision or goal

LI-ME1

M&S is ready to push boundaries to lead the retail industry into a greener, speedier, more inspiring digital era. That’s why we’re revolutionising how we work and offering our most exciting opportunities yet. There’s never been a better time to be part of our team. Marks & Spencer aims to be an inclusive organisation, trusted and admired by our colleagues, customers and suppliers. Join us and make an immediate impact.

We are committed to an active Inclusion, Diversity and Equal Opportunities Policy, which starts with our recruitment and selection process, and we are happy to talk flexible working.

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