Job Summary:
WHO ARE YOU?
Do you enjoy dance music? Do you excel at all things planning? Then youre in luck! We are looking for a highly motivated self-starter who embodies both a passion for dance culture and a love of merchandise planning in live event space. Is this you? Read on
WHO ARE WE?
Insomniac produces some of the most innovative, immersive music festivals and events in the world. Enhanced by state-of-the-art lighting, pyrotechnics and sound design, large-scale art installations, theatrical performers and next generation special effects, our events captivate the senses and inspire a unique level of fan interaction. The quality of the Headliner experience is our top priority.
Insomniac produces 10,000 concerts, club nights and festivals for seven million attendees annually across the globe. Since its inception, Insomniac's events have taken place in 13 countries across five continents. The company's premiere annual event, Electric Daisy Carnival Las Vegas, is the worlds largest dance music festival and attracts more than 525,000 fans over three days. The company was founded by Pasquale Rotella and has been based in Los Angeles since it was formed in 1993.
THE ROLE
The Merchandise Demand Planner is responsible for driving sales, margin and turn for an assigned area of business across festival stores and online channels. In this role, you will aggregate the financial plan and forecast across the assigned area of business to ensure they support and deliver company goals. You will also maintain planner responsibilities for the area of business as outlined below. The Merchandise Demand Planner will provide analytics and guidance to the PLM & Production Directors on strategies and tactics to achieve targets and aggressively pursue growth initiatives. The Manager will need to drive toward optimal inventory composition and level by channel and location. This is not a remote position.
RESPONSIBILITIES
Leads a cross-functional process to accurately assess inventory levels and sales velocity, forecast inventory requirements
Works with vendors to support sales, minimize excess inventory, and ensure our products are always available to the customer
Regularly review product inventory needs and build stock levels that ensure an in-stock position across all sales channels e-commerce and live festival retail (Shopify & Square)
Analyze product sales on a regular basis
Analyze historical sales trends, marketing activities, business intelligence, seasonality (high seasonality), and outside variables to estimate accurate levels of demand
Monitor channel inventory levels; maintain ideal levels of inventory to meet demand and drive sales
Maintain a constant relationship with the sales, marketing, finance, purchasing/sourcing, and production teams to understand the demand forecasting drivers
Successfully communicate forecast and inventory estimations to management
Monitor and report on important changes in sales forecasts, budgets, and business strategies
Quickly identify deviations from expected results and other disruptions then promptly resolve any issues
Contribute to new product forecasting assumptions
Participate in new category/R&D/launch meetings
Coordinate with Creative and Production teams to set launch quantities of new product releases
Manage end of life/excess & obsolete (E&O) stock items
Drive continuous improvement by analyzing current processes
Implement new forecasting methods, tools, and techniques to reduce effort and improve results
Recruit, train and onboard members on the team both directly and partnering teams
Other special projects and tasks as assigned as needed
Some travel may be required (economy)
QUALIFICATIONS
(4) Year College Degree Preferred
Apparel Magic Proficiency a plus
Highly knowledgeable of company products, product life cycles, and customer usage including seasonality shifts
Advanced math, analytical, and problem-solving skills required; manipulating data to quickly highlight trends, risks, and draw accurate conclusions from the data
A passionate sales advocate
Demonstrated business insight and a clear understanding of how decisions impact overall business strategies
Excellent organizational and prioritization skills with a strong attention to detail
Ability to adapt to ever-evolving priorities, timelines and demands
Strong written and verbal communication skills with an aptitude for building a narrative around the data that leads to action
Proficiency in Microsoft Office, specifically Excel; a quick-learn as it relates to industry-specific software Google Suite is also a plus.
Above average knowledge and understanding of Sales & Operations Planning (S&OP), purchasing, forecasting and inventory management
WORK ENVIRONMENT
Must be able to tolerate loud noise levels & busy environment
May work in drastic temperature climates
Must be willing to frequently work and travel to events during evening and weekend hours, as required, to meet deadlines and work events
Must be able to frequently sit at a desk in front of a computer for extended periods of time
Must be able to repetitively use hands to finger, handle, or feel objects, tools, or controls
Must be able to see details of objects that are less than a few feet away
Must have ability to recognize differences between colors, shades, and brightness
Applicants for employment in the U.S. must possess work authorization, which does not require sponsorship by Insomniac for a visa.
EQUAL EMPLOYMENT OPPORTUNITY
Insomniac strongly supports equal employment opportunity for all applicants regardless of race, color, religion, sex, gender identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, sexual orientation, genetic information, or any other characteristic protected by state or federal law.
HIRING PRACTICES
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Insomniac recruitment policies are designed to place the most highly qualified persons available in a timely and efficient manner. Insomniac may pursue all avenues available, including promotion from within, employee referrals, outside advertising, employment agencies, Internet recruiting, job fairs, college recruiting and search firms.
About Us
Recognized three years in a row by Great Place to Work and named one of People Magazines top 50 Companies that Care, Live Nation Entertainment is the global leader in live entertainment and ticketing. Our world-class portfolio reaches all aspects of the live event and ticketing industry, from ground-breaking software in Ticketmaster, mix of legendary venues and restaurants in House of Blues, production leaders in Concerts, exceptional brand partnerships in Media & Sponsorship, and unparalleled team of artist managers in Artist Nation supported by diverse professionals in all facets of Corporate operations.
We recognize that our most important assets are our employees, the rock stars who keep the live experience going. Generous vacation, healthcare, and retirement benefits are just some of the great perks we offer to support our global workforce of more than 38,000. For any stage in your career, our many unique benefit programs are designed to help you live life to the fullest. We offer student loan repayment to support recent grads, six months of paid caregiver leave to support new parents, perks like Roadie Babies (bring your little ones & a caretaker along with you on work trips) and tuition reimbursement to fuel your ongoing professional development. Plus, working for the world's largest live event and ticketing company means you'll have access to free concerts, festivals, sports games, and more through our exclusive employee ticket concierge.
There is no bigger stage for your career. See what your future looks like at Live Nation Entertainment.
