Sr. Inventory Management Analyst

Job Description

Description

About the Role: As the Sr. Inventory Management Analyst, you will play a critical role in ensuring that our inventory levels are optimized to meet customer demand while minimizing excess and obsolete stock. You will analyze inventory data, forecast kitting demand, and develop strategies to improve efficiency within our supply chain. Your goal will be to maintain an effective inventory management system that supports IPSY’s operational and financial objectives. This role is highly collaborative and will work closely with Warehouse Operations, Procurement, Accounting, Merchandising, and Product Management / Engineering teams, using strong interpersonal skills and cross-functional collaboration to influence decision-making. This is an on site role that reports to the Director of Inventory Control, QA and Inbound and is based in our distribution center in Harrisburg, North Carolina (a suburb of Charlotte). What You’ll Be Doing:

• Inventory Optimization : Monitor and analyze inventory levels to ensure optimal stock availability, reducing costs associated with overstock and stockouts.
• Inventory Balancing : Work with the 3PL to place inventory transfers to support monthly kitting demand without disruption within the monthly transfer order budget.
• Demand Forecasting : Utilize historical data, market trends, and sales projections to forecast future inventory needs and ensure product availability.
• Data Analysis and Reporting : Generate and interpret detailed inventory reports to identify trends, discrepancies, and areas for improvement. Present findings to senior management.
• Supply Chain Coordination : Collaborate with Procurement, Logistics, and Planning teams to align inventory strategy with overall supply chain goals.
• Systems Management : Oversee the implementation and use of inventory management software, ensuring data integrity and system optimization.
• Process Improvement : Develop and implement process improvements to enhance inventory accuracy and reduce lead times.
• Risk Management : Identify and mitigate risks associated with inventory and ensure inventory balancing supports the production plan without disruption.
• Budget Management : Monitor inventory-related expenses and work to stay within budgetary constraints.

What We are Looking For:

• Education : Bachelor’s degree in Supply Chain Management, Business Administration, or a related field. Master’s degree or relevant certifications (e.g., APICS, CPIM) preferred.
• Experience : Minimum of 5-7 years of experience in inventory management, preferably within the cosmetics or consumer goods industry.
• Analytical Skills : Strong analytical and problem-solving skills with a deep understanding of inventory metrics and KPIs.
• Technical Proficiency : Proficient with inventory management software and advanced Excel skills. Experience with ERP systems (e.g., SAP, Oracle) is a plus.
• Communication Skills : Excellent verbal and written communication skills, with the ability to present data-driven insights to stakeholders.
• Attention to Detail : High level of accuracy and attention to detail is critical.
• Adaptability : Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities

Bonus if You Have:

• Multi-system experience with Softeon, Netsuite, Google Docs, Databricks
• Analytical experience with SQL and heavy spreadsheets
• Experience with 3PLs
• eCommerce inventory, subscription, or kitting experience

What We Offer:

• Competitive salary & equity grants
• Annual bonus program (paid out quarterly)
• Medical, dental & vision insurance
• 401(k) plan with company match
• Paid Time Off
• Free BoxyCharm subscription
• Learning & development programs

ABOUT US Join us in inspiring everyone to express their unique beauty. IPSY is the beauty industry’s most powerful platform, uniting brands, creators, and hyper-engaged consumers with unprecedented access to each other through the ultimate beauty membership. Home to sample-size subscription Glam Bag, full-size subscription BoxyCharm, celeb-curated collection Icon Box, and personal care brand Refreshments, we curate beauty for millions of members so they can play, explore, and express their unique beauty every day. We think self-discovery, self-expression, and confidence are beautiful. Agree? Then join us! Explore careers and learn more about our values, culture, and benefits across all our brands: IPSY Careers . Salary Range: $80,000 - $100,000 USD Pay is based on several non-discriminatory factors such as experience, education, skills, and location. IPSY offers a bonus, equity grants, and competitive benefits. Final compensation is determined by experience and skills. EEO Statement: We celebrate diversity and are an equal-opportunity employer. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, or any other protected characteristic. If you need reasonable accommodation in the application or employment process, please contact us. #LI-SB