Company Overview
Asset Marketing Services, LLC (AMS) is a leading direct-to-consumer collector platform, focused on high-end collectibles and bullion. Our company vision is to bring the obsession with beauty, scarcity, and value to life for our collectors. Our collector’s passion fuels our purpose as a company and aligns everything we do with focus, energy, and commitment to supporting them. AMS is a collection of brands that serve collectors with GovMint, ModernCoinMart and LPM. Each of these brands plays a unique role in connecting amazing products with new and long-time collectors of bullion and coins. Our long and rich history as a direct marketing company, coupled with a renewed focus to utilize advanced technology and innovation, create a unique and vibrant opportunity for your career.
For more information about AMS, please visit our company website www.amsi-corp.com.
Position Overview
The Merchandise Planning Analyst plays a crucial role in driving revenue optimization and minimizing inventory risks for AMS by assisting in the development and execution in tactical inventory ordering and management tactics. This support role requires a blend of tactical thinking, analytical acumen, and cross-functional collaboration skills. This individual will work with a high-performing team responsible for creating and implementing demand plans, evaluating in-season performance, and optimizing inventory positions to meet and exceed company goals.
Essential Functions, Duties & Accountabilities
· Assist in the development of comprehensive demand plans encompassing monetary value, units, and volume.
· Collaborate with cross-channel partners to gather input and project demand plan and inventory outcomes.
· Evaluate in-season performance, collaborating with channel partners, Associate Merchants and Merchants to drive sales and optimize end-of-season inventory positions.
· Identify potential opportunities and risks related to under-performing SKUs or programs, implementing replenishment strategies for the online channel and providing actionable recommendations for execution.
· Support the pre-season inventory forecasting process making recommendations supported by historical data and trend analysis
· Develop hindsight performance analytics and insights regarding inventory, sell through, turnover, and out of stocks. Utilize these insights to inform future merchandising strategies, supplier negotiations, and operational practices.
· Assist in developing the supporting tactics for strategies to optimize operational execution, boosting sales performance, improving sell through rates, mitigating out of stocks, and reducing unproductive inventory.
· Support the inventory planning strategy throughout the product lifecycle, from annual planning to end-of-life decisions.
· Collaborate closely with the Finance team to support quarterly and annual forecasting needs aligned with the Enterprise annual business plan. Provide necessary support and analysis.
· Collaborate with Merchandising and Finance to establish annual and quarterly goals for the Planning team, including Inventory Turnover, Out of Stocks, Sell Through Rates, and Aged Inventory metrics.
· Create and publish Merchandise Planning reports as needed to support the business while sharing insights and recommendations for inventory optimization
· Identify, prioritize, and lead the resolution of process improvements in Merchandising, fostering collaborative cross-functional relationships.
· Lead the development of planning data, insights, and reporting requirements to facilitate informed decision-making.
· Support SKU and channel-level sales forecast accuracy to enhance strategic decision-making.
Additional Functions, Duties & Accountabilities
1. Serve as a member of the Merchandising & Planning Team and support others as necessary.
2. Maintain flexibility in work schedule to meet business needs.
3. Actively and positively contribute to the overall success of the company through regular contributions to the general management of the company.
4. Participate and provide support updates in inter-departmental meetings, projects and informal activities.
5. Support the company and other departments wherever and whenever your skills and experience would be beneficial.
Requirements
1. Associates Degree in Business Administration, Supply Chain Management, Finance, or a related field. Bachelor's Degree is a plus.
Experience and Skills
1. Minimum of 3 years of progressively responsible experience in demand planning, inventory management, or related roles.
2. Preferred experience in retail or e-commerce industries.
3. Proficiency in using excel, planning and analytics tools and software.
4. Demonstrated expertise in cross-functional collaboration, particularly with Merchandising, Finance, and Product Development/Merchandising teams.
5. Proven ability to adapt to evolving business needs.
6. Results-oriented mindset with a strong commitment to achieving objectives and delivering tangible outcomes.
7. Approach challenges with curiosity and an unbiased perspective, seeking a deep understanding of issues by gathering insights from diverse sources.
8. Drive alignment across stakeholders by building consensus, fostering enthusiasm, and facilitating decision-making.
9. Excellent communication skills, both written and verbal, to effectively convey complex information to various audiences.
10. Tactical thinking and problem-solving abilities, with a knack for identifying innovative solutions to challenges and introducing best practices.
11. Detail-oriented approach while maintaining a big-picture perspective.
12. Exceptional organizational skills with the ability to manage multiple priorities and meet deadlines.
Benefits:
AMS believes that investing in our employees is critical to having a successful company. We offer competitive compensation and benefit programs. Our Benefit programs include: Medical, Dental, Vision, HSA & FSA Plans, Accidental & Critical Illness, Life Insurance, Disability, AD&D, 401(k) Employer Match, Quarterly Profit Distribution, Paid Holidays and 16 Paid days of Personal Time Off.
Closing:
AMS is an equal opportunity employer and is committed to hiring practices and a workplace environment that provides equal opportunities for all without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, marital status, pregnancy, or any other characteristics protected by federal and state law.
Asset Marketing Services, LLC participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. See E-Verify’s official poster at https://e-verify.uscis.gov/web/media/resourcesContents/E-Verify_Participation_Poster_ES.pdf