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For Companies At a Glance
- Tasks: Manage stock flow and improve inventory processes for our EMEA customers.
- Company: Join Funko, a vibrant company known for its unique collectibles and diverse culture.
- Benefits: Enjoy flexible working options, a supportive team environment, and opportunities for growth.
- Why this job: Be part of a dynamic team that values creativity and innovation in inventory management.
- Qualifications: Experience in commercial planning and inventory management; strong communication and analytical skills required.
- Other info: Funko celebrates diversity and is committed to equal opportunity for all applicants.
The predicted salary is between 43200 - 72000 £ per year.
The primary purpose of this position is to work closely with Planning, Sales, Operations, and the DC’s in Coventry and Rhenus in order to support the flow of inventory, from inbound to OTIF for our EMEA customer base and to support in reducing our aged inventory position. Be responsible for liaison between the sales and DC planning teams. Utilise hold orders & allocations to maximise the flow of stock into the DC and to suggest continual process improvements. Run and maintain weekly stock reports for sales and SMT. Evaluate inbounding stock and provide consumption percentage of each container. Support the Pricing Administrator and Senior Sales Coordinator, Distributors.
What You’ll Do:
- Develop & manage the flow of stock, through hold orders and any allocations which deem appropriate.
- Support and control embargo date releases, FTM exclusive timings and Channel/Retailer strategy flow.
- Suggest stock flow to ‘fulfil and payback’ stock against future incoming containers, to maximise the flow of stock to the current orderbook.
- Review the current orderbook to identify any blockers and take appropriate action to remove blockers.
- Ensure stock transferred between the warehouse attaches to the correct SOs where applicable.
- Provide weekly stock reports containing category, product tiering, aged and sales data.
- Review current tiering of all stock and recommend any changes for the upcoming month.
- Support the Aged inventory sells off process by updating and monitoring weekly stock reports and ensuring system pricing application.
- Support the merchandise planning manager with stock requirements e.g. FSDUs, Value Packs, and Bundles.
- Regular ‘face to face’ liaison with the Senior Supply Chain Manager and Team in Coventry to understand operational requirements and challenges.
- Carry out monthly SOXs pricing audits.
- Ensure the pricing within D365 is correct and any agreed changes are loaded promptly.
What You’ll Bring:
- Demonstrated experience across all activities of commercial planning and flow planning/Inventory management.
- Excellent people management skills.
- Customer-oriented approach to problem solving.
- Well-developed communication skills while building strong cross-functional relationships.
- Exceptional attention to detail.
- Keen analytical skills.
- Excellent Excel skills.
Flow Planning Manager employer: Funko
Contact Detail:
Funko Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Flow Planning Manager
✨Tip Number 1
Familiarise yourself with the specific inventory management systems mentioned in the job description, such as D365. Understanding how these systems work will give you an edge during discussions and demonstrate your proactive approach.
✨Tip Number 2
Network with professionals in the supply chain and inventory management fields. Attend industry events or join relevant online forums to connect with others who may have insights into the role or the company culture at StudySmarter.
✨Tip Number 3
Prepare to discuss your experience with cross-functional collaboration. Think of specific examples where you've successfully worked with sales, operations, or planning teams to improve stock flow or resolve issues.
✨Tip Number 4
Brush up on your Excel skills, particularly in data analysis and reporting. Being able to showcase your ability to create and interpret stock reports will be crucial in demonstrating your fit for the Flow Planning Manager role.
We think you need these skills to ace Flow Planning Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in commercial planning and inventory management. Use specific examples that demonstrate your skills in flow planning and your ability to manage stock effectively.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role of Flow Planning Manager. Discuss how your background aligns with the responsibilities outlined in the job description, particularly your experience with cross-functional collaboration and problem-solving.
Highlight Analytical Skills: Given the emphasis on analytical skills in the job description, be sure to mention any relevant tools or methodologies you have used in the past. Provide examples of how you've used data to drive decisions or improve processes.
Showcase Communication Abilities: Since the role requires excellent communication skills, include examples of how you've successfully liaised with different teams or stakeholders in previous positions. This will demonstrate your capability to build strong cross-functional relationships.
How to prepare for a job interview at Funko
✨Understand the Role
Make sure you thoroughly understand the responsibilities of a Flow Planning Manager. Familiarise yourself with inventory management processes, stock flow strategies, and how to liaise effectively between sales and planning teams.
✨Showcase Your Analytical Skills
Prepare to discuss your analytical skills and how you've used them in previous roles. Be ready to provide examples of how you've evaluated stock data and made recommendations for improvements.
✨Demonstrate Communication Skills
Since this role requires strong communication with various teams, practice articulating your thoughts clearly. Think of examples where you've successfully built cross-functional relationships or resolved conflicts.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Think about potential blockers in stock flow and how you would address them, as well as how you would manage embargo dates and stock allocations.
