Director of Inventory Planning

Employer
FIGS
Location
Santa Monica, California
Closing date
2 Jul 2023

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Job Details

FIGS is looking for a Director of Inventory Planning. The ideal candidate is passionate about data, analysis, product and profitability, while staying focused on broader trends. This position will report directly to the VP of Inventory Planning and partner cross-functionally with Merchandising, Production, and Operations to deliver best-in-class inventory planning for FIGS and our healthcare community.

What you'll do:
  • Lead, coach and inspire the inventory planning team
  • Manage in season inventory, balance sales and margin goals and maintain OTB and inventory flow tools
  • Project manage the rollout of processes and technology required to expand the FIGS portfolio into new markets and channels
  • Drive allocation strategies and processes to achieve financial and inventory objectives
  • Design and develop merchandising dashboards and detailed, segmented analysis to provide visibility for cross-functional decision making
  • Be the Subject Matter Expert for production planning queries
  • Ensure we have sufficient stock on hand to fulfill production plans, whilst remaining within the budgeted stock level

Essential Criteria:
  • 10+ years' experience in a role focused on inventory planning (ideally in ecommerce)
  • Superb analytical and problem-solving skills
  • Extremely high attention to detail
  • Outstanding communication skills, both verbal and written
  • Proven track record in project management: ability to manage various projects while staying on-track with deliverables and communications
  • Highly proficient in Excel and/or Google Sheets
  • Proficient in Microsoft Office (PowerPoint, Word) and Google Suite (Google Slides, Google Docs)
  • Bachelor's degree in mathematics, statistics, or other related field preferred

Desirable Criteria:
  • Proven track record of implementing inventory management software or processes
  • Experience with data visualization tools (Looker, Tableau, Google Data Studio, etc.)

Other must haves:
  • A strong team player with a positive, go-getter attitude!
  • Creative and concise thinker
  • Proven work ethic and integrity and able to be a team player
  • Independent, demonstrates confidence and takes the initiative
  • Ability to work in a fast paced, deadline driven environment
  • Entrepreneurial mindset
  • Desire to excel and grow with FIGS


FIGS Compensation and Benefits

Pay Range
  • At FIGS, your base salary is one part of your total compensation package. This role's base salary range is between $126,000 and $180,000. Actual base salary is determined based on a number of factors, including but not limited to your relevant skills, qualifications, and years of experience.

Additional Compensation and Benefits
  • Equity: All FIGS employees have the opportunity to own shares of FIGS stock through our new-hire equity program. Additionally, FIGS provides a discount when purchasing FIGS stock voluntarily through our FIGS Employee Stock Purchase Plan
  • Annual bonus: This position is eligible to participate in the FIGS annual bonus program
  • Other compensation and benefits offered include:
    • Comprehensive benefits and perks package focused on your well-being, including premium medical, dental and vision coverage, and full access to wellness services through Ginger, Headspace, and Gympass. 100% FIGS-sponsored life insurance and disability insurance
    • Amazing 401(k) program, with a company match up to the first 6% of your contribution
    • Generous paid time off - We have 11 company holidays. For salaried team members, we offer flexible vacation. For our hourly team members, we offer up to 3 weeks of accrued vacation
    • Meaningful time away for baby bonding, including parental leave, new parent care meals, and a transition back to work for primary caregivers
    • FIGS Friends and Family 25% off Discount for FIGS apparel
    • Access to FIGS Vet, Discounted Pet Daycare, and so much more...

*Benefits eligibility is determined by hour requirements and length of service

A little bit about us...

FIGS, Inc. is a founder-led, direct-to-consumer healthcare apparel and lifestyle brand that seeks to celebrate, empower and serve current and future generations of healthcare professionals. We redefine what scrubs are by creating technically advanced apparel and products that feature an unmatched combination of comfort, durability, function and style, all at an affordable price. With the largest DTC platform in healthcare apparel, we sell our products to a rapidly growing community of loyal customers. Through these customer relationships, FIGS has built a community and lifestyle around a profession, revolutionizing the large and fragmented healthcare apparel market and becoming the industry's category-defining healthcare apparel and lifestyle brand.

Our Threads for Threads initiative is integral to our mission to improve the lives of healthcare professionals on a global scale. Founded alongside FIGS in 2013, Threads for Threads donates scrubs to healthcare professionals working in resource-poor countries around the world.

Company

FIGS is a founder-led, direct-to-consumer healthcare apparel and lifestyle brand that seeks to celebrate, empower and serve current and future generations of healthcare professionals. We are committed to helping this growing, global community of professionals, whom we refer to as Awesome Humans, look, feel and perform at their best—24/7, 365 days a year. We create technically advanced apparel and products that feature an unmatched combination of comfort, durability, function and style, all at an affordable price. In doing so, we have redefined what scrubs are—giving rise to our tag-line: why wear scrubs, when you can #wearFIGS?

10 years ago, we started FIGS with a mission to celebrate, empower and serve healthcare professionals. Their days of being forgotten, deprioritized or forced to make do with substandard products were over. We do this in four key ways: 

  1. Product - We create innovative products that enable healthcare professionals to perform at their best while looking and feeling good.
  2. DTC Platform - We use a digitally-native direct-to-consumer platform to get them the products they need in a convenient and seamless way
  3. Connection - We celebrate healthcare professionals by highlighting the incredible contributions they make every day and by telling their stories through our platform.
  4. Community - We bring them together through the community we’ve built.

We do all of this because the healthcare community is that important. If we celebrate, empower, and serve them, we will not only make their experience better, we can inspire more people to become healthcare professionals. Making an impact through our mission is what we’re focused on every single day

Find Us
Website
Telephone
424-500-8209
Location
2834 Colorado Ave Suite 100
SANTA MONICA
SANTA MONICA
90404
United States

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