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Planning & Inventory Internship
Job Description 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. Qualifications This position requires initiative and the ability to be self-sufficient. Ideally, you'll be pursuing a degree in Business, Logistics, Finance, or a related field. In addition, internship applicants must:
* Be at least Junior or Senior standing, recent graduates may be considered
* Have a cumulative GPA of 2.80 or higher
* Have excellent written and oral communication skills
* Be able to handle multiple tasks/responsibilities and meet deadlines
* Have keen attention to detail
* Strong analytical, critical thinking and problem solving skills
* Possess extensive knowledge of and experience with MS Office and Windows applications (particularly Excel)
This position is not eligible for remote work and would require you to work onsite at our headquarters in Monroe, WI for the duration of your internship.
Note: We do not offer immigration sponsorship for any position at this time. About Us Colony Brands, Inc. is one of North America's largest, multi-channel, direct-marketing companies. The company maintains an extensive portfolio of affiliates, brands, and products ranging from cheese and petit fours to apparel and kitchen appliances, while maintaining its roots as a private, customer-centric business based in Monroe, WI. We're financially sound, yet our success is not just defined by our profits; it's about living our Core Values, giving our employees the opportunity for growth and providing a better place to live and work! To that end, Colony Brands generously supports the communities we work in and offer many benefits and programs that support the well-being of our employees. Benefits Details Internship Perks:
Paid Opportunities - This is a paid opportunity to explore your career! All Interns are paid a competitive wage for their field. Relocation/Housing - $1,000.00 to assist with housing costs for students relocating/coming from more than 50 miles away to their work site. Bilingual interns are eligible for a $500 bonus at the completion of their internship!Employee Discounts - Our employee sales program offers employee discounts on items ordered from our fine catalogs and selected Outlet Store. Discounts range from 45% to 50% off. Time Off - We all need a little down time and all Interns enjoy paid time off during their internship. Gym Membership Reimbursements - Receive up to $50 per month toward a gym membership at local YMCA/YWCAs. Health Insurance - Interns are offered Medical/Dental/Vision Insurance Business Casual Dress Code - Jeans are allowed year-round! Performance Updates - We provide interns with useful feedback regarding their performance throughout their internship. A formal mid-performance appraisal and final appraisal will be given.Training - We provide all interns with the necessary hands-on training to make their internship experience successful. R. Kubly Family Foundation - The foundation will pay for your graduate or professional schooling in return for a commitment to live and work in Monroe, WI after you graduate. Visit www.rkublyfamilyfoundation.org for more details Employment Type Internship |
Colony Brands Inc.
vision insurance, paid time off, remote work
Nov 14, 2024