Company Overview
Sleep Number team members are part of a passionate, purpose-driven culture that supports improving the health and wellbeing of society through higher quality sleep. We are not just focused on our customers, however; being employed by Sleep Number means your personal wellbeing is important, too. As we continue to grow, we are looking for team members who will bring their unique personalities, backgrounds, and skills to work. Whether you are entering, returning, or experienced in the workforce, we have a place for you.
In our 35+ years in the industry we have improved over 14 million lives, and we are just getting started. With 5,000+ team members nationwide supporting work disciplines from technology to manufacturing, retail stores to field services technicians, corporate teams to customer service, we are a sleep innovation leader because of our team members. Now is a great time to join us as we invest further in our people and sleep innovation. #TeamSleepNumber
Position Purpose
The Supply Chain Planner is responsible for forecasting, planning and management of inventory needs for assigned categories. Responsibilities include 1) execute the supplier forecast and replenishment to ensure meeting instock goals 2) manage inventory to turn goals including establishing safety stock, lead times and minimizing excess, obsolete and aged inventory 3) recommend and maintain system settings, tools and processes to ensure inventory in right place, right time, right quantity 4) proactively communicate gaps and solves to ensure 1st time complete to customer 5) contribute cross-functionally to improve processes and work on projects including Value Stream teams, product changes and Total Cost of Ownership development (internal and external).
Primary Responsibilities
Forecasting and Replenishment
Plan, manage and execute product distribution over the planning horizon to ensure high service levels including PO releases and management
Plan and manage Supplier forecasts including proactive communication to Supplier and internal partners on forecasts, changes vs prior forecast and forecast accuracy (against PO releases)
Inventory management
Identify and solve for critical shortages
Proactive communication with internal customers’ expectations of availability and downstream impacts
Managing relationships with suppliers to eliminate constraints and meet objectives
Minimize obsolete/aged inventory
Analyze, created, edit and track receiving of purchase orders for suppliers
Manage and inspect purchase orders to ensure on-time and complete fulfilment; inclusive of proactive management with Suppliers on-time shipping and delivery, fill rate and past due PO maintenance. Ensuring critical information is provided by Supplier and providing Supplier and internal team members with KPIs to inspect Supplier performance.
Provide monthly and quarterly inventory targets and manage procurement to achieve targeted inventory levels on both a cost and unit basis. Achieve desired corporate inventory turn targets
Support product development initiatives by ensuring all materials are available to fulfill launch requirements
Analytics
Recommend, execute and maintaining item PFEP ensuring system settings meet the category inventory objectives (leadtimes, turn, safety stock, etc)
Make recommendations to manager on appropriate safety stock levels leveraging business insights knowledge
Understand end to end Supply Chain processes from production to fulfillment inclusive of Sleep Number manufacturing and assembly to Home Delivery
Understand Supplier end to end processes from raw material procurement to finished good production as well as lead times associated
Understand Supplier capacity and constraints and build appropriate plans to ensure Sleep Number demand is met while managing to Sleep Number inventory goals; Partner with Sourcing Manager and Supply Chain Planning Manager to develop plan and access inventory and total cost impacts
Identifying Supplier critical risks and providing mitigation solution, escalating or seeking support as necessary: on-time deliveries, fill rate, capacity constraints, safety stock
Create smooth operational flow with all cross-functional partners
Maintain strong partnership with Suppliers to ensure deliveries and commits are fulfilled on time
Partner with Sourcing to resolve capacity constraints and ensure safety goals at Supplier are established and maintained
Partner and coordinate with internal teams to resolve inventory/payment discrepancies
Provide inventory projections and risk scenarios for all new, changing or sunsetting products
Provide communication, direction and support to internal teams as required
Continuous Process Improvements
Participate on Value Stream team
Evaluate existing processes for assigned categories and seek continual improvement opportunities to increase effectiveness and efficiency; Seek support from SMEs and cross-functional partners to evaluate opportunities for improvement
Key Performance Indicators
% to Goal on Monthly Inventory Targets
Inventory turnover
Instocks – occurrence and overall effect on business and customer
Past due PO maintenance
Supplier fill rate and on-time delivery
Internal inventory obsolescence
Position Requirements
Required: 3+ years of inventory planning and distribution and/or material planning/production scheduling experience
Required: Bachelor’s Degree or equivalent experience
Preferred: Lean experience (PFEP)
Preferred: Oracle R12 experience, Advanced Supply Chain Planning
Knowledge, Skills & Abilities
Advanced level of Excel required
Working knowledge of all MS Office programs
Knowledge of MRP/MRPII and various replenishment processes
High level of analytical ability required turning data into insights
High level of attention to detail
Demonstrate a strong communication (written and verbal) and interpersonal skill set
Team oriented and ability to work in a highly cross-functional organization
Must be oriented for continuous improvement
Must have the ability to manage confidential and company proprietary information
Power BI experience preferred - navigation and/or report building
Working Conditions (if applicable)
Normal physical exertion and office environment
Ability to work overtime/weekends
Minimal travel
Wellbeing
Our company's purpose is to improve the health and wellbeing of society.
Wellbeing is more than a catchphrase - it's a movement that permeates our company and through our team members. We are dedicated to enhancing and supporting the wellbeing of our team members and their families through benefits, programs, and resources across our five wellbeing pillars of emotional, financial, career, community, and physical health, with sleep at the center.
By joining our team, in addition to offering competitive pay programs, we are proud to offer eligible team members an extensive benefits package including, but not limited to medical and pharmacy benefits, dental, life and disability insurance, a matched 401(k) Plan, paid time off, and much more.
Examples of how we invest in your wellbeing:
Sleep - Our 360® smart bed for team members, and discounts on our innovations and sleep solutions for yourself and friends and family throughout the year.
Physical - Wide range of wellbeing resources and services through our medical plans to improve your physical health.
Emotional - Access to mental health resources, caregiving support, paid time off and parental leave to support your emotional wellbeing. Work for your day flexibility, available for select corporate roles.
Financial - Competitive base and variable pay programs, ability to save for the future through a matched 401(k) plan and financial support to recover from an illness or injury.
Community - Paid time off for volunteering and connections to our communities t hrough our Diversity, Equity & Inclusion initiatives, and support for charitable causes.
Career - Opportunities for career development and continuous learning, including a tuition reimbursement program.
Safety
Safety is a top priority for Sleep Number supporting customers and team members wellbeing. COVID-19 Precaution(s) are in place consistent with CDC guidelines, U.S. Department of Labor’s Occupational Health & Safety Administration (OSHA), and state/local laws.
EEO Statement
Sleep Number is an equal opportunity employer. We are committed to recruiting, hiring and promoting qualified people and prohibit discrimination based on race, color, marital status, religion, sex (including gender, gender identity, gender expression, transgender status, pregnancy, childbirth, and medical conditions related to pregnancy or childbirth), sexual orientation, age, national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing and characteristics), veteran status, uniformed servicemember status or any other status protected by federal, state, or local law.
Americans with Disabilities Act (ADA)
It is Sleep Number’s policy to provide reasonable accommodations to qualified individuals with disabilities during the application process, consistent with applicable law. We may require supporting medical or religious documentation where applicable and permissible by law. If you are a qualified individual, you may request a reasonable accommodation at any time during the selection process, including if you are unable or otherwise limited in your ability to access open roles here.
We’re passionate about improving lives. Be part of a health, wellness and technology revolution with quality sleep at its core. Join #TeamSleepNumber
With more than 5000+ team members across the nation
Sleep Number® stores in all 50 states with 600+ stores
Headquartered in Minneapolis, Minnesota
Manufacturing and Distribution facilities in South Carolina, Maryland, Utah, Florida, Ohio, Texas and California
Customer Relationship Centers in Louisiana, Minnesota and remote team members throughout the nation
Innovator in smart bed technology with Silicon Valley-based Sleep Number Labs
Exclusive owner of the end-to-end experience: manufacturer, marketer, retailer and servicer of the Sleep Number® bed