Company Overview
Sleep Number is a sleep wellness technology leader. For nearly four decades, we have placed sleep at the center of wellbeing, improving over 15 million lives with our Sleep Number smart beds. We are guided by our purpose – to improve the health and wellbeing of society through higher quality sleep. This is exemplified through our 4,000+ mission-driven team members who passionately innovate to drive value creation through our vertically integrated business model, owning the process from start to finish, including selling in our over 650 stores nationwide.
Our team members are encouraged to bring their whole selves to work, sharing their unique perspectives, backgrounds and skills with Sleep Number every day. Whether you are entering, returning or experienced in the workforce, we have a place for you. We hope you join us in creating the future through higher quality sleep.
Position Purpose
The Supply Chain Planner is responsible for forecasting, planning and management of inventory needs for assigned categories. Responsibilities include 1) execute the supplier forecast and replenishment to ensure meeting instock goals 2) manage inventory to turn goals including establishing safety stock, lead times and minimizing excess, obsolete and aged inventory 3) recommend and maintain system settings, tools and processes to ensure inventory in right place, right time, right quantity 4) proactively communicate gaps and solves to ensure 1st time complete to customer 5) contribute cross-functionally to improve processes and work on projects including Value Stream teams, product changes and Total Cost of Ownership development (internal and external).
Primary Responsibilities
Forecasting and ReplenishmentPlan, manage and execute product distribution over the planning horizon to ensure high service levels including PO releases and managementPlan and manage Supplier forecasts including proactive communication to Supplier and internal partners on forecasts, changes vs prior forecast and forecast accuracy (against PO releases)Inventory ManagementIdentify and solve for critical shortagesProactive communication with internal customers’ expectations of availability and downstream impactsManaging relationships with suppliers to eliminate constraints and meet objectivesMinimize obsolete/aged inventoryAnalyze, created, edit and track receiving of purchase orders for suppliersManage and inspect purchase orders to ensure on-time and complete fulfilment; inclusive of proactive management with Suppliers on-time shipping and delivery, fill rate and past due PO maintenance. Ensuring critical information is provided by Supplier and providing Supplier and internal team members with KPIs to inspect Supplier performance.Provide monthly and quarterly inventory targets and manage procurement to achieve targeted inventory levels on both a cost and unit basis. Achieve desired corporate inventory turn targetsSupport product development initiatives by ensuring all materials are available to fulfill launch requirementsAnalyticsRecommend, execute and maintaining item PFEP ensuring system settings meet the category inventory objectives (leadtimes, turn, safety stock, etc)Make recommendations to manager on appropriate safety stock levels leveraging business insights knowledgeUnderstand end to end Supply Chain processes from production to fulfillment inclusive of Sleep Number manufacturing and assembly to Home DeliveryUnderstand Supplier end to end processes from raw material procurement to finished good production as well as lead times associatedUnderstand Supplier capacity and constraints and build appropriate plans to ensure Sleep Number demand is met while managing to Sleep Number inventory goals; Partner with Sourcing Manager and Supply Chain Planning Manager to develop plan and access inventory and total cost impactsIdentifying Supplier critical risks and providing mitigation solution, escalating or seeking support as necessary: on-time deliveries, fill rate, capacity constraints, safety stockCreate smooth operational flow with all cross-functional partnersMaintain strong partnership with Suppliers to ensure deliveries and commits are fulfilled on timePartner with Sourcing to resolve capacity constraints and ensure safety goals at Supplier are established and maintainedPartner and coordinate with internal teams to resolve inventory/payment discrepanciesProvide inventory projections and risk scenarios for all new, changing or sunsetting productsProvide communication, direction and support to internal teams as requiredContinuous Process ImprovementsParticipate on Value Stream teamEvaluate existing processes for assigned categories and seek continual improvement opportunities to increase effectiveness and efficiency; Seek support from SMEs and cross-functional partners to evaluate opportunities for improvementPosition Requirements
Required: 3+ years of inventory planning and distribution and/or material planning/production scheduling experienceRequired: Bachelor’s DegreePreferred: Lean experience (PFEP)Preferred: Oracle R12 experience, Advanced Supply Chain PlanningAdvanced level of Excel requiredWorking knowledge of all MS Office programsKnowledge of MRP/MRPII and various replenishment processesHigh level of analytical ability required turning data into insightsHigh level of attention to detailDemonstrate a strong communication (written and verbal) and interpersonal skill setTeam oriented and ability to work in a highly cross-functional organizationMust be oriented for continuous improvementMust have the ability to manage confidential and company proprietary informationWorking Conditions
This position is based out of our Corporate HQ in Minneapolis, MN, with a hybrid in office scheduleAbility to work overtime/weekendsMinimal travel