At a Glance
- Tasks: Develop strategies to optimise inventory and collaborate with suppliers for business growth.
- Company: Wayfair, a leading online home goods retailer with a vibrant culture.
- Benefits: Generous salary, employee discounts, remote work options, and extensive health benefits.
- Why this job: Join a dynamic team and make a real impact on inventory management and supplier relationships.
- Qualifications: Experience in operations or finance, strong Excel skills, and a collaborative mindset.
- Other info: Inclusive workplace with excellent career development opportunities and support for personal growth.
The predicted salary is between 49500 - 54000 ÂŁ per year.
Salary Range: ÂŁ49,500 - ÂŁ54,000 per year
Location: London (EC1V 7LQ) – Monday–Thursday in office, Friday remote
Benefits:
- Wayfair Employee Discount
- Private Medical & Dental Care
- Work from anywhere up to 15 Days per Year
- Gym Membership Reimbursement
- Tuition Reimbursement
- 25 Days Starting Holiday + Bank Holidays (tenure increases)
- Company Matched Pension
- Cycle to Work Scheme
- 24/7 access to mental, financial, physical and emotional wellbeing support, plus an enhanced offering of therapy and coaching
- Yearly match up to $500 for personal donations made by employees to registered 501(c)(3) nonprofits
- Paid Parental & Adoption Leave
- and more.
About The Role:
Availability strategy is at the forefront of building an innovative, scale‑able business strategy for Wayfair to support business growth. You will develop insights to influence suppliers’ product assortment, production, supply chain and operations. Other focus areas include financial analysis to support decision‑making related to inventory levels, managing excess inventory, promotional inventory planning, and improving overall inventory efficiency. We are looking for highly‑motivated individuals to partner with suppliers to grow their business with Wayfair - with a focus on availability, inventory turns, and forward positioning.
What You’ll Do:
- Develop and execute strategies to optimise sales, turns, in‑stock rates, and network balance
- Work cross‑functionally with a variety of teams including Analytics, Category Management, and Forecasting to understand sales and market trends in your space impacting forecasts
- Create plans for replenishment orders or sell‑through actions reflective of supplier goals
- Communicate with suppliers to ensure follow‑through on replenishment orders and inventory commitments and to develop sustainable, long‑term strategies to grow the business
- Monitor key performance indicators and drive corrective actions with suppliers and cross‑functional partners
- Manage efficient inbound inventory flows and health, including forecasting, purchasing, and removing aged inventory
- Align Wayfair teams (Operations, Promotions, Category Management) to ensure strong supplier execution and to understand and manage the demand drivers impacting growth
- Support initiatives to drive improvements in the Inventory Planning systems, data, and processes
- Drive root cause analysis/reporting on inventory related issues, developing action plans and project managing improvements
- Conduct ad hoc analysis (financial and operational) using standard scripts and reporting to access data and/or Excel to drive supplier action and support decisions
- Regularly communicate performance trends and improvement opportunities to senior management and leadership both within and outside your immediate line of reporting
What You’ll Need:
- Proven experience in operations, retail, engineering, consulting, strategy or finance
- Experience with Microsoft Excel and data visualization tools required
- Strong written and verbal communication skills
- High attention to detail and proven ability to manage multiple, competing priorities simultaneously
- Preferred experience in Demand Planning, would be considered as a plus
- An entrepreneurial spirit and mindset; you must be adaptable and comfortable with change
- Team‑first attitude with enthusiasm for cross‑functional collaboration
Assistance For Individuals With Disabilities:
Wayfair is fully committed to providing equal opportunities for all individuals, including individuals with disabilities. As part of this commitment, Wayfair will make reasonable accommodations to the known physical or mental limitations of qualified individuals with disabilities, unless doing so would impose an undue hardship on business operations. If you require a reasonable accommodation to participate in the job application or interview process, please let us know by completing our Accommodations for Applicants form.
Wayfair is a place you can call home. We’re a community of innovators, risk‑takers, and trailblazers who celebrate our differences, and know that our unique perspectives make us stronger, smarter, and well‑positioned for success. Every voice, every perspective matters. That’s why we’re proud to be an equal opportunity employer. We do not discriminate on the basis of race, color, ethnicity, ancestry, religion, sex, national origin, sexual orientation, age, citizenship status, marital status, disability, gender identity, gender expression, veteran status, genetic information, or any other legally protected characteristic.
Senior Associate, Supplier Inventory Management employer: Wayfair
Contact Detail:
Wayfair Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Associate, Supplier Inventory Management
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Wayfair on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Research Wayfair’s inventory management strategies and think about how your experience aligns with their goals. Show them you’re not just another candidate, but someone who gets their business.
✨Tip Number 3
Practice makes perfect! Get a friend to do mock interviews with you. Focus on articulating your past experiences and how they relate to the role of Senior Associate in Supplier Inventory Management. Confidence is key!
✨Tip Number 4
Don’t forget to follow up! After your interview, send a thank-you email to express your appreciation for the opportunity. It shows you’re genuinely interested and keeps you fresh in their minds.
We think you need these skills to ace Senior Associate, Supplier Inventory Management
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Associate role. Highlight your experience in operations, retail, or finance, and don’t forget to showcase your skills with Excel and data visualisation tools. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about inventory management and how your entrepreneurial spirit aligns with our values at Wayfair. Let us know how you can contribute to our innovative strategies.
Showcase Your Communication Skills: Strong written communication is key for this role. Make sure your application is clear, concise, and free of errors. We love candidates who can communicate effectively, so let your personality come through while keeping it professional!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, you’ll find all the details you need about the position right there!
How to prepare for a job interview at Wayfair
✨Know Your Numbers
For a role in Supplier Inventory Management, it's crucial to be comfortable with data. Brush up on your financial analysis skills and be ready to discuss how you've used data to drive decisions in the past. Prepare examples of how you've optimised inventory levels or improved efficiency.
✨Understand the Supply Chain
Familiarise yourself with the basics of supply chain management and how it relates to inventory. Be prepared to talk about your experience working cross-functionally with teams like Analytics and Category Management. Show that you can think strategically about how to align supplier goals with company objectives.
✨Communicate Clearly
Strong communication skills are key for this role. Practice articulating your thoughts clearly and concisely. Think about how you would explain complex inventory issues to someone without a technical background. This will demonstrate your ability to collaborate effectively with suppliers and internal teams.
✨Show Your Adaptability
Wayfair values an entrepreneurial spirit and adaptability. Prepare to share examples of how you've successfully navigated change in previous roles. Highlight your ability to manage multiple priorities and how you've thrived in fast-paced environments. This will show that you're ready to tackle the challenges of the role.