Director of Inventory Planning

| Culver City

MeUndies is a Los Angeles, CA-based underwear and loungewear company best known for its softer than soft basics. Founded in 2011, MeUndies disrupted the $110B underwear industry when it launched the first online underwear subscription. Through the years the brand has inspired a passionate community of undie-obsessed individuals with its bold, comfortable products.

Today MeUndies has sold more than nine million pairs of underwear and is profitable with double-digit YoY growth. It continues to redefine the subscription market by evolving the transactional subscription to a membership centered on community and its relationship with the brand.

The innovative direct-to-consumer brand offers multiple purchasing options including singles, packs, matching pairs and its monthly membership. It opened its first flagship store in Los Angeles in 2018.

With a growing company, comes a growing team full of innovative people. We’re looking for a Director of Inventory Planning to develop and lead the execution of merchandise financial plans including sales, margin, receipts and inventory. This position is responsible for developing strategies to maximize sales and profit while optimizing inventory. As Director, you will lead the seasonal merchandise planning process, utilizing historical data and current business trends to identify risks, opportunities, and recommend strategies for future growth.

What You’ll Do

  • Develop, execute, and maintain merchandise financial and inventory plans while driving strategies to support the merchandising, marketing and financial objectives
  • Develop financial objectives and guide the creation of quarterly Top-down/Bottom-up planning process
  • Create, own and manage the Open-To-Buy process, and partner with Merchandising to recommend actions that drive sales and maximize gross margin
  • Develop and execute strategies that achieve an optimal balance of supply vs. demand, including both forecast validation and replenishment strategies to achieve superior sales and inventory goals
  • Monitor, analyze, and guide all pre and in season buys
  • Own pre-season forecast and in season management of planning forecasts, all on order, and receipt flow to ensure that available inventory meets open to buy strategy and maximizes cash flow
  • Achieve and maintain desired inventory levels across all product categories, while refining the receipt flow process to improve inventory turnover
  • Drive seasonal hindsight process and guide the application of the learnings to future deliveries; react to current business trends for all product categories
  • Drive, analyze and manage markdown process, promotional and exit strategy to effectively mitigate aged inventory
  • Ensures excess inventories are reviewed with merchandising team; recommends specific SKUs to move to support goals
  • Initiate analysis of historic and current trends, providing analytical support to merchandising team
  • Communicate financial results, forecasts and action plans to the business on a weekly basis
  • Develop planning team while fostering an environment that supports and rewards strong performance and professional growth

WHY WORK AT MEUNDIES?

It's more than a job.

We have focused on building a team of people that emulates all of our core values. We look for people who stay balanced, go further, build relationships, champion differences, and are humble. At MeUndies, we continue to maintain a stellar brand by working collaboratively and encouraging growth with learning opportunities. Not to mention, there is no such thing as a small achievement here - we celebrate it all!

We look at the necessities.

We offer competitive equity/salary packages which include targeted annual bonuses, plus generous parental leave, a 401k, awesome health benefits, and open time off (yeah, we said it). You’ll enjoy top-of-the-line hardware and software, and have access to an annual personal Learning & Development budget of $1,000!

We offer all the head turning office things.

We have endless office amenities but here are a few of the fan favorites - everybody gets access to an on-site gym & shower, endless snacks, cold brew on tap, and a cozy lounge completed with a Wii for epic Mario Kart tournaments. Plus there are plenty of dogs (to pet, not to take home).

We don’t forget the most important things.

There’s a robust 360 review process, regular pulse surveys, and a focus on open communication. We also have annual employee check-ins to reflect back on achievements and plan for career growth. We’re always rooting for you.

Plus those special extra things.

We keep things fun with frequent catered lunches, holiday parties, offsites, happy hours, and an annual retreat. You’ll get a sweet employee discount, as well as a monthly MeUndies membership to rebuild your underwear drawer with our top notch prints.

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Technology we use

  • Engineering
    • RLanguages
    • RubyLanguages
    • SqlLanguages
    • ReactLibraries
    • Ruby on RailsFrameworks
    • Microsoft SQL ServerDatabases

Location

Culver City, CA 90016

An Insider's view of MeUndies

What’s the vibe like in the office?

This team is made up of hard workers who also know how to have fun! Our work space creates an atmosphere that encourages us to build friendships and strengthen work camaraderie. Great work ethic is at the forefront, but sprinkle in fun weekly events and you’ve got yourself a culture where productivity is high and everyone’s engaged.

Lance

Controller

What kinds of technical challenges do you and your team face?

User Experience at MeUndies is still fairly new, so our team is very focused developing out our process and tools while still delivering on key projects and initiatives for the company. Our long-term goal is to be able support teams across the organization as partners who can help inform design and strategy with research.

Jackie

User Experience Designer

How do you make yourself accessible to the rest of the team?

One great aspect of working at MeUndies is that the company culture and office space fosters teamwork and accessibility. We operate in a very fast environment, so you need to be constantly ready to jump on any new project, problem, or opportunity and help get things done. Often these impromptu meetings and brainstorms result in the best ideas!

Nadia

Director of Inventory Planning

What are MeUndies Perks + Benefits

MeUndies Benefits Overview

WHY JOIN MEUNDIES?
It's more than a job.
We’re a team of kind, smart, diverse, and fun people who are building an amazing business and brand.

So we look at the big things.
We offer competitive equity/salary packages, plus generous parental leave, 401k, awesome health benefits, and open time off. You’ll enjoy top-of-the-line hardware and software, and have access to an annual personal Learning & Development budget of $1,000!

And the little things.
Everybody gets access to an on-site gym, snacks, and an office keg (choose the cold brew by day, and the IPA by night).

Even everyday things.
There’s a structured review process, regular feedback surveys, and a focus on open communication—all to make sure you’re thriving, happy, and growing.

And those special extra things.
We keep things fun with frequent catered lunches, holiday parties, offsites, and an annual retreat. You’ll get a sweet, sweet MeUndies discount, as well as a complimentary monthly
subscription for our feel-good undies.

Health Insurance & Wellness Benefits
Dental Benefits
Vision Benefits
Health Insurance Benefits
Onsite Gym
Retirement & Stock Options Benefits
401(K)
Company Equity
Performance Bonus
Child Care & Parental Leave Benefits
Generous Parental Leave
3 months of paid leave plus 1 month of transitional leave.
Flexible Work Schedule
Family Medical Leave
Vacation & Time Off Benefits
Unlimited Vacation Policy
Paid Holidays
Paid Sick Days
Perks & Discounts
Beer on Tap
Casual Dress
Company Outings
Game Room
Stocked Kitchen
Some Meals Provided
Happy Hours
Pet Friendly
Recreational Clubs
Professional Development Benefits
Job Training & Conferences
Diversity Program

Additional Perks + Benefits

We offer competitive equity/salary packages, plus generous parental leave, 401k, awesome health benefits, and open time off. You’ll enjoy top-of-the-line hardware and software.

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