Senior Forecast Analyst

5 Hours ago • 4-6 Years • $110,000 PA - $130,000 PA

Job Summary

Job Description

The Senior Forecast Analyst will be responsible for managing forecasts at all levels to optimize inventory turns in support of Quince's business model. This role involves forecasting items at the style-color-size level by week, achieving key performance indicators such as in-stocks and inventory turn. The analyst will partner closely with internal sourcing teams and external vendors to collaborate on forecasts and maximize inventory availability. A key aspect of the role is working with the Technology Team to drive the development and implementation of integrated, intelligent, and automated technology solutions. The position requires performing analytics to improve KPI performance, modeling vendor relationships, terms, and risks, and building short, mid, and long-range plans. Weekly presentations of forecasts, strategy, and plans to executives are expected. The role may involve managing one or more individuals.
Must have:
  • 4-6 years in Inventory Planning, Merchandising, or related Analytics/Technology roles.
  • College Degree.
  • Strong Analytic Skills with advanced Excel functions.
  • Fluent with Google Suite.
  • Ability to collaborate with internal and external partners.
  • Strong commitment to continuous improvement.
  • Ability to use data to draw conclusions.
  • Comfort working in a fast-paced environment.
Good to have:
  • MBA or Masters in Supply Chain Management.
  • Experience prototyping Inventory Optimization Techniques.
  • Experience converting prototypes to scalable Technology.

Job Details

OUR STORY

Quince was started to challenge the existing idea that nice things should cost a lot. Our mission was simple: create an item of equal or greater quality than the leading luxury brands and sell them at a much lower price. 

OUR VALUES

Customer First. Customer satisfaction is our highest priority.

High Quality. True quality is a combination of premium materials and high production standards that everyone can feel good about.

Essential design. We don’t chase trends, and we don’t sell everything.  We’re expert curators that find the very best and bring it to you at the lowest prices.

Always a better deal. Through innovation and real price transparency we want to offer the best deal to both our customers and our factory partners.  

Environmentally and Socially conscious.  We’re committed to sustainable materials and sustainable production methods. That means a cleaner environment and fair wages for factory workers.

OUR TEAM AND SUCCESS 

Quince is a retail and technology company co-founded by a team that has extensive experience in retail, technology and building early stage companies. You’ll work with a team of world-class talent from Stanford GSB, Google, D.E. Shaw, Stitch Fix, Urban Outfitters, Wayfair, McKinsey, Nike etc.

The objective of the Senior Forecast Analyst is to manage forecasts at all levels with the objective of optimizing inventory turns in support of the Quince business model. Because the model is unique, the role will be unique in its execution, achievement of Key Performance Indicators and interaction with internal and external business partners.
 
Responsibilities
  • Forecast Items at the style-color-size level by week while achieving an objective set of key performance indicators which include In-Stocks, Inventory Turn, Return on Investment and others
  • Partner closely with the internal sourcing team and directly with vendors to collaborate on forecasts and maximize the availability of Inventory
  • Work directly with the Technology Team to drive the development and/or implementation of an integrated, intelligent and automated technology solutions
  • Perform analytics to answer questions that will lead to improved KPI performance
  • Work with sourcing to model vendor relationships, vendor terms and risks
  • Build short, mid and long-range plans in support of the strategic needs of the business
  • Present Forecasts, Strategy and Plans weekly to executives
  • May manage 1 or more individuals
 
Qualifications
  • 4-6 years in an Inventory Planning, Merchandising or related Analytics or Technology roles
  • College Degree Required, MBA or Masters in Supply Chain Management


Skills

  • Strong Analytic Skills with experience using advanced statistical functions in Excel
  • Fluent with Google Suite
  • Experience prototyping Inventory Optimization Techniques and converting to scalable Technology.
  • The ability to collaborate with internal and external partners to maximize opportunities and minimize risks
  • Strong commitment to continuously improve
  • Ability to find, organize and use data to draw conclusions while minimizing the use of assumption
  • Comfort working in a fast paced environment where established processes may not exist


Characteristics of the prototype candidate

  • Insatiable curiosity and the desire for answers
  • Willing to have a point of view and share it with business partners, peers and executives
  • Ability to prioritize and re-prioritize as business changes
  • Ability to thrive in a start-up environment
  • Committed to building scalable processes and industry winning technology
  • Extremely effective presentation and communication skills while effectively utilizing supporting materials and applications
  • Clearly understands the relationship between their work and the priorities, objectives and financial performance of the company.
  • Bias towards Technology

Quince provides equal employment opportunities to all employees and applications for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran or military status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. If you have a special need or disability that requires accommodation, please let us know.

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About The Company

At Quince, we’re not just building teams; we’re seeking individuals who are ready to make significant contributions in a streamlined and efficient environment. Our organizational structure is intentionally lean, allowing team members to have a major impact swiftly and efficiently. This approach ensures that innovation and decision-making processes thrive, enabling you to focus on what truly matters - achieving results and advancing our mission. We craft roles that are not only vital to our business needs but also provide substantial opportunities to make a meaningful impact. Our aim is for every employee’s efforts to directly advance our mission of delivering high-quality products at fair prices.

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