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Inventory Management Ready Program - Old Navy

Company: Old Navy
Location: San Francisco
Posted on: January 15, 2021

Job Description:

About Old NavyForget what you know about old-school industry rules. When you work at Old Navy, you---re choosing a different path. From day one, we---ve been on a mission to democratize fashion and make shopping fun again. Our teams make style accessible to everyone, creating high-quality, must-have fashion essentials for the whole family, with love, season after season. We opened our first store in 1994 in San Francisco and have been on a roll ever since. We cultivate a community of playful personalities that thrive in a fast-paced environment where our employees can be their most authentic selves. Here, we---re family.About the roleChallenging. Analytical.Game Changing. IM Ready is a 90-day immersion and training program that leads to a role within the Inventory Management function at Old Navy, a division of Gap Inc. brands. Through this program, Old Navy hires into the positions of Inventory Analyst, Inventory Allocator and Inventory Planner. In this unique on-boarding approach, trainees gain real life exposure to the business before taking ownership over it. All trainees are matched with a coach, buddy and mentor who will guide their learning journey, which consists of hands-on learning, classroom instruction, job shadowing, case studies & projects, as well as homeroom-like sessions.On your first day as a trainee in the IM Ready program you are provided with full Gap Inc. benefits which include: full medical, dental, vision, life and disability insurance; Employee Stock Purchase Plan; 401(k) matching; employee merchandise discount in Old Navy, Gap, and Banana Republic stores; 20 days (annually) of paid time off.Individuals with a highly analytical background and a passion for the retail industry are encouraged to apply. Below are the qualifications and descriptions of the three roles currently available through the IM Ready training program:---Bachelor's degree required; Major in Business, Finance, Economics or Mathematics preferred---Analytical Skills: Ability to think objectively and interpret meaningful themes from quantitative and qualitative data---Problem Solving & Decision Quality: Able to use rigorous logic and methods to solve problems with effective solutions---Collaboration: Able to build constructive and effective relationships with a broad and diverse group of business partners---Influencing & Negotiation: Can present ideas and directions that lead others to action---Presentation Skills: Effective in a variety of presentation settings including one-on-one, small and large groups, and with peers and bosses.---Financial and Business Acumen: Ability to evaluate financial and business indicators and translate data into actionable information to drive results; proficiency in retail math---Systems and Tools Acumen: Proficiency in Microsoft Excel, and have aptitude to learn technical applications quickly ---Process Management: Able to create and organize work and processes to get things done in the most efficient manner---Possess strong organizational and time management skills---Demonstrate strong listening, written and oral communication skill---Must be able to start March 2021Who you arePositions available: Inventory Analyst---Provide data analysis to support tops/down sales and inventory plans that align with division objectives---Support style level, bottoms-up sales and inventory plans ---Assist in validating Commercial Plan---Provide data analysis to support business recaps, in-season forecasting/OTB buying, and demand driven buying efforts---Execute in-season price strategies (promo/MD)---Own professional development in collaboration with manager ---Support/participate in a collaborative, innovative and results-orientated environment---1-2 work years preferred Inventory Allocator---Provide data analysis to support tops/down sales and inventory plans that align with division objectives---Execute plans in line with style/class level allocation and financial forecasts---Track inbound inventory levels to ensure smooth execution of strategies ---Identify issues and proactively communicate problems to the broader cross functional team---Support the commercial plan by ensuring marketed product is tracked and prioritized through logistics network---Report out on service levels to cross-functional team---Execute plans to improve service levels---Recap and optimize sizing and packing strategies to improve store in-stock and customer experience---Identify and escalate inventory issues to manager in a prompt manner---Execute store inventory callouts, DC capacity constraints, or other business issues in a timely manner---Participate in the development of Seasonal Inventory allocation strategies that support the Investment review strategy---Develop flow forecasts that support the financial plans, receipt projections, and in-season allocation strategies---Identify styles within Demand Forecast that are below target service levels and work with Manager to improve---Influence cross functional partners to drive outcomes---Support/participate in a collaborative, innovative and results-orientated environment---1-2 yeas work experience preferred Inventory Planner---Develops division, department & class level plans that support market strategy ---Develop tops/down dept/class sales and inventory plans that align with division objectives---Develop style-level sales and inventory plans---Own bottoms-Up financial reconciliation to class/department---Inform and validate Commercial Plan---Own business recaps (week, month, quarterly) to inform short term and long term financial strategies/action plans---Lead demand driven buying efforts ---Own OTB and sales and inventory forecasting---Recommend and execute in-season pricing strategies---Inform and influence in-season commercial plan changes---Identify opportunities for process improvement---Maintain a collaborative, innovative and results-orientated environment---Influence cross functional partners to drive outcomes---2-4 years work experience preferred Benefits at Old NavyMerchandise discount for our brands: 50% off regular-priced merchandise at Old Navy, Gap, Banana Republic and Athleta and 30% off at Outlet for all employees.One of the most competitive Paid Time Off plans in the industry.Employees can take up to five ---on the clock--- hours each month to volunteer at a charity of their choice.Extensive 401(k) plan with company matching for contributions up to four percent of an employee---s base pay.Employee stock purchase plan.Medical, dental, vision and life insurance.See more of the benefits we offer.For eligible employees

Keywords: Old Navy, San Francisco , Inventory Management Ready Program - Old Navy, Executive , San Francisco, California

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