Inventory Forecaster

**Key Responsibilities:**
1. **Inventory Planning and Analysis:** Conduct analysis of sales velocity to determine how fast items are selling. This includes understanding the dynamics of both regular sales and subscription-based sales.
2. **Restocking Strategy:** Develop a strategy for restocking products based on sales data and inventory levels. This involves identifying products that need to be restocked urgently and determining appropriate stock levels.
3. **Forecasting for Subscription Services:** Plan for future subscriptions, ideally three to six months in advance, to ensure adequate stock for subscription-based products.
4. **Coordination with Supply Chain:** Work closely with the supply chain, including a person in China responsible for ordering and follow-ups, to ensure smooth inventory management.
5. **Handling Sales Spikes:** Prepare for potential sales spikes due to viral social media exposure, balancing the need to capitalize on increased demand without overstocking.
6. **E-commerce Platform Integration:** Ensure seamless integration of inventory across different sales platforms, including Shopify and TikTok shop.
7. **Compliance and Packaging:** Address any compliance issues related to packaging, such as FDA food labeling requirements, and adapt strategies accordingly.
8. **Data-Driven Decision Making:** Utilize analytics from Shopify and other platforms to make informed decisions about inventory management.

**Skills and Experience:**
– Experience in e-commerce inventory management, particularly with platforms like Shopify.
– Ability to analyze sales data and forecast inventory needs accurately.
– Familiarity with subscription-based business models and their impact on inventory.
– Strong coordination and communication skills, especially with overseas suppliers.
– Flexibility to adapt to changing demands and sales trends.
– Knowledge of compliance requirements in the food and beverage industry is a plus.

**Additional Notes:**
– The role may involve initial manual processes before moving towards more automated solutions.
– The candidate should be prepared to handle the unique challenges of a business with a significant social media presence and the unpredictability it brings to sales and inventory demands.