Inventory Planner

Luxury Brand Holdings Cranston, Rhode Island, United States

About this position

America’s Favorite Jeweler, Ross-Simons (a division of Luxury Brand Holdings), is seeking an Inventory Planner based in our Cranston, RI office.  This hybrid position requires 4 days in-office and 1 day remote per week, reporting directly to the Senior Director of Supply Chain. The Inventory Planner is responsible for forecasting and procuring Ross-Simons’ direct-to-consumer jewelry assortment from both domestic and international suppliers. Success in this role is measured by the achievement of sales objectives and the maintenance of in-stock requirements for assigned jewelry categories. This position offers an excellent opportunity for an individual with strong analytical and technical skills, business acumen, and a passion for consumer products. 


Job Responsibilities: 

 

  • Forecast jewelry demand at the SKU and channel using demand planning software (Tagetik) and issue purchase orders to vendors. Achieve inventory KPIs, including turnover and in-stock levels, for approximately 5,000 SKUs.
  • Develop and strengthen vendor partnerships by managing and negotiating projection updates, discounts, compliance, and handling order releases, cancellations, and prioritizing shipment needs.
  • Actively manage on-hand inventory and open orders to address overstock situations, including identifying and disposing of excess merchandise.
  • Collaborate with Marketing and Merchandising to maximize inventory utilization in marketing campaigns, new product introductions, and other strategic initiatives.

Experience and Required Qualifications:

 

  • Bachelor’s degree or 5+ years of related experience.
  • Preferred experience in direct-to-consumer and multi-channel inventory planning and buying.
  • Strong organizational skills, attention to detail, and proficiency in MS Office applications.
  • Ability to handle multiple projects, meet deadlines independently, and make informed decisions quickly.
  • Team player with a customer-focused approach, both internally and externally.

 

LBH is an Equal Opportunity Employer M/F/V/D