Go to our website »

Jobs at ThinkGeek

Inventory Manager

Location: Fairfax, VA

Department: Merchandising & Product Development

Type: Full Time

Min. Experience: Mid Level

SUMMARY

Working collaboratively and as a trusted business partner with product managers, vendors, marketing, logistics, operations, wholesale, and multi-channel buyers. ThinkGeek's Inventory Manager is responsible to provide essential forecasting and buying knowledge and expertise in the areas of; category seasonal tops down plans, product performance analysis, product and sku demand forecasting, buy plans and contingency planning. They are also accountable for inventory position,  flow plan, vendor production planning, projections, and purchase order (PO) creation and maintenance. Success will be measured using Demand, Market Contribution, On-Time Delivery & Customer Fulfillment, Inventory Turnover, Liquidation Cost recovery rate and other key metrics. The Associate will establish and manage PO tracking and on-time product delivery, inventory balancing, identify and chasing hot sellers, replenishing inventory needs, renegotiating pricing on reorders, inventory wellness reporting and management, and drive timely product performance reviews. The Associate is also responsible for successfully identifying opportunities and managing end of life-cycle liquidation process, discontinued product disposition, markdown planning & cadence, seasonal clearance, aging inventory, cost recovery, inventory turnover, as well as lead the domestic and international planning and buying processes for ThinkGeek's multi-channel retail and wholesale organizations, domestic and international.  The Associate will interact with his or her supervisor as needed by either. Most activities are completed with minimal supervision but may require supervisor's advance approval.  Some non-routine activities will require leadership's advance approval.

This role is not available for remote work

ESSENTIAL JOB DUTIES AND RESPONSIBILITIES

  • Review and manage inventory levels to ensure fulfillment of in season demand goals through re-orders, order revision and cancellations
  • Review aged merchandise and develop liquidation strategy for over stocks and seasonal products
  • Facilitate product performance reviews, discontinue disposition, markdown planning/ cadence, seasonal clearance, aging inventory, cost recovery and inventory turnover
  • Provide monthly and seasonal analysis of sales performance and return rates at collection, category and vendor level and communicate findings to Supervisor and Merchandising team
  • Execute monthly/quarterly demand forecast process and model including gathering inputs, consolidate information across systems, data entry, and analysis.
  • Forecast demand planning by category, line, item, and sku by offer/timeframe; create demand rollups to reconcile to tops down plan
  • Plan by integrating demand forecasts, plan production with vendors, and manage factory and production lead times
  • Regularly meet with Supervisor and Merchandising team to review projections, set-up issues and all other product requirements
  • Maintain extensive vendor contact in support of the buying process
  • Determine planning requirements, establish lead time/reorder points and determine safety stock levels
  • Monitor movement of goods by reviewing and posting transfer shipments and receipt documents from third party logistics providers
  • Track shipments to ensure they are complete, correct, and on time.
  • Expertly manage inventory control activities including inventory reconciliations and month end reporting
  • Support customer service metrics and company goals for line fill, on-time delivery and perfect order completion
  • Provide routine reporting to stakeholders and decision makers
  • Predict future inventory needs, producing plans for buying based on forecasts and sales data
  • Develop, implement and manage proper inventory control procedures and processes to ensure inventory accuracy
  • Monthly coordination of manual physical audits
  • Implement measures to prevent stock-outs of top-selling SKU's and discontinue aging inventory
  • Work collaboratively with a variety of departments including Operations/Logistics, Accounting, Sales
  • Extrapolate large volumes of data, summarize it and communicate findings in a concise way
  • Build collaborative relationships with business partners to coordinate operational process and to help resolve issues
  • Document and challenge forecast assumptions based on the analysis of process inputs into forecast models and monthly updates
  • Participate in new products, international, and annual planning forecasting process
  • Measure and report forecast accuracy at customer, channel and product levels
  • Identify forecast accuracy root causes and refine model/process to ensure continuous improvement of the overall process
  • Create and provide monthly Demand Planning Summary Report to Senior Leadership by channel and product level
  • Manage relationships in a manner acceptable to others and to the organization; adhere consistently with all organizational policies related to our respectful workplace
  • Model team commitment by adhering to the team's expectations and guidelines; fulfilling team responsibilities; and demonstrating personal commitment to the team by being cooperative, collaborative, and flexible

BASIC AND PREFERRED QUALIFICATIONS, EDUCATION, AND/OR EXPERIENCE

  • Bachelor's degree in Business, Logistics, Mathematics, or related field from an accredited program or equivalent work experience required
  • 3-5 years of experience in Inventory Control, Planning and Forecasting budgets, short and long term strategic plan development and execution, ecommerce, and email required
  • ​Proficient in sales and operations planning
  • Ability to accurately track inventory and create reports
  • Expert analytical reasoning and math skills
  • Written/verbal communication and presentation skills using spoken English - bilingual (English/Mandarin Chinese) preferred
  • Possess the learning capacity to receive and apply cross-functional training; willingness to assist other functions and work groups as needed so the department achieves or exceeds its overall business objectives
  • Proficient project planning skills, including the ability to organize, prioritize and control job responsibilities in order to meet deadlines in an environment with overlapping and potentially conflicting priorities
  • Proficient knowledge of Microsoft Office software programs, especially Outlook, Excel and Word
  • Working knowledge of the collectibles, pop culture, and/or video gaming industries
  • Ability to remain flexible and adapt to changing priorities with promptness, efficiency and ease
  • Consistently demonstrates a commitment to ThinkGeek & GME policies and procedures, including but not limited to, attendance, confidentiality, conflict of interest and ethical responsibilities

​ThinkGeek Perks 

Join a close-knit community of curious, passionate, enthusiastic people, obsessed with creating and sharing the most unique and fun product experiences with the world. ThinkGeek offers a competitive benefits package to all full-time employees: 

Comprehensive benefits plans
Generous Paid Time Off Policy
401(k) Plan with Company Match
Dog-friendly Office
ThinkGeek / GameStop Employee Discount

About ThinkGeek

ThinkGeek, founded in 1999, is the number one destination in the galaxy for smart products and unique gifts that appeal to the geek community. We're a lean, multi-channel retailer and product-development company manufacturing over 400 exclusive items annually, spanning most consumer products categories and 40+ licenses. We're innovative marketers with a dedicated and passionate fan-base in the millions, and we're a member of the GameStop family since 2015.

Our mission is to create a world where everyone can embrace their inner geek and connect with one another. We are obsessed with creating and sharing unique and authentic product experiences that stimulate our fans' imaginations and fuel their geek core.

No third party submissions, please!

Forward this Position
Recipient email address (one)
Your name
Your email address
Enter a message (optional)
Human Check*
Apply for this Position
* Required fields
First name*
Last name*
Email address*
Location *
Phone number*
Resume*

Attach resume as .pdf, .doc, or .docx (limit 2MB) or paste resume

Paste your resume here or attach resume file

Cover Letter*
What’s your citizenship / employment eligibility?*
What’s your highest level of education completed?*
LinkedInLinkedIn profile URL:
Website, blog or portfolio:
Desired salary*
In 150 characters or fewer, tell us what makes you unique. Try to be creative and say something that will catch our eye!*