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Job Requirements of Planning & Inventory Internship:
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Employment Type:
Full-Time
-
Location:
Monroe, WI (Onsite)
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Planning & Inventory Internship
Colony Brands, Inc.
Monroe, WI (Onsite)
Full-Time
The Planning & Inventory Internship will begin in May and end in August 2025.
As a Planning & Inventory Intern, you’ll work closely with both our Planning & Inventory teams. You’ll assist Planning with developing seasonal financial plans at the category and product level to drive sales and maximize profit. You’ll develop & apply sales forecasting curves for catalog items through statistical analysis. You’ll assist Inventory with the purchasing, flowing, and management of inventory levels to satisfy demand and meet financial objectives associated with fulfillment, turnover, and profitability. In addition, you will be responsible for:
• Determining forecasts for product to meet financial targets for the season and each catalog
• Analyzing reports and data to determine trends by catalog, category, price point, positioning, etc.
• Analyzing sales and profitability information for current performance and comparing to historical results & plan expectations.
• Performing daily forecast system tasks/updates as necessary to ensure we are in sync with the mainframe at all times
• Analyzing trends in the business to identify potential risk
• Assist in monitoring key performance indicators
• Developing a buy plan to satisfy demand
• Communicate with cross functional partners to minimize fulfillment and inventory risk
• Maintaining accurate data in the systems and provide reporting as needed
• Working with cross-functional partners on business analysis and financial target setting as well as a collaborative intern project.
As a Planning & Inventory Intern, you’ll work closely with both our Planning & Inventory teams. You’ll assist Planning with developing seasonal financial plans at the category and product level to drive sales and maximize profit. You’ll develop & apply sales forecasting curves for catalog items through statistical analysis. You’ll assist Inventory with the purchasing, flowing, and management of inventory levels to satisfy demand and meet financial objectives associated with fulfillment, turnover, and profitability. In addition, you will be responsible for:
• Determining forecasts for product to meet financial targets for the season and each catalog
• Analyzing reports and data to determine trends by catalog, category, price point, positioning, etc.
• Analyzing sales and profitability information for current performance and comparing to historical results & plan expectations.
• Performing daily forecast system tasks/updates as necessary to ensure we are in sync with the mainframe at all times
• Analyzing trends in the business to identify potential risk
• Assist in monitoring key performance indicators
• Developing a buy plan to satisfy demand
• Communicate with cross functional partners to minimize fulfillment and inventory risk
• Maintaining accurate data in the systems and provide reporting as needed
• Working with cross-functional partners on business analysis and financial target setting as well as a collaborative intern project.
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