Director of Merchandise Planning & Inventory Management

SUMMARY:

Parachute Home is seeking aDirector of Merchandise Planning and Inventory Management to own and evolve our demand forecasting, supply planning, and inventory strategy as we scale. This role is a critical business leader responsible for translating demand into actionable inventory plans, balancing growth with working capital efficiency, and ensuring product availability across all channels.

Reporting to the CFO, the Director of Merchandise Planning and Inventory Management will partner closely with Design & Merchandising, Supply Chain, and Revenue leaders to set financial targets, optimize inventory flow, and drive disciplined planning processes. As both a strategic leader and hands-on operator, this role will modernize tools, systems, and ways of working to build best-in-class planning capabilities that support Parachute’s continued growth and operational excellence.

Reports into: CFO 

Location: Culver City, CA — in office M-TH

What You’ll Do:

• Process and System Leadership: Re-establish and optimize the framework for Demand Forecasting, Supply Planning, and Allocation processes, systems, and reporting to ensure inventory levels achieve financial targets.
• Cross-Channel Demand Planning: Partner with E-commerce, Retail, and B2B channels leads to build high-level Demand Forecasting targets. Sign off on all final merchandise planning targets and provide oversight to meet financial goals.
• Inventory Strategy & Optimization: Develop and implement inventory management strategies that optimize stock levels across all selling channels (stores, online, wholesale) and locations (stores and warehouse), balancing service levels with working capital efficiency.
• Financial Analysis and Open-to-Buy: Analyze sales trends, margin performance, and key metrics to identify opportunities and risks. Lead the monthly Open-to-Buy process and seasonal investment reviews, providing recommendations on receipt needs.
• Cross-Functional Alignment: Collaborate with Merchandising and Supply Chain teams to align inventory planning with product lifecycles, including launches, promotions, and discontinuations.
• Data Insights: Leverage data to implement inventory forecasting models utilizing historical data and market analysis for accurate future demand prediction. Lead cross-functional teams in developing technology solutions to enhance organization-wide inventory visibility and control.
• Visibility, Monitoring, and Control: Provide Netsuite and dashboard visibility of all inventory movements to ensure the timely and accurate arrival and allocation of working capital. Monitor and analyze inventory performance metrics weekly to optimize stock turnover, reduce excess inventory, and adjust inventory flows monthly. Establish and maintain inventory control policies and procedures to ensure compliance with company objectives.
• Financial and Budget Coordination: Coordinate with the Finance department to manage inventory OTB budgets and financial planning, ensuring cost-effectiveness and profitability in all inventory operations.
• Team Leadership and Development: Train and mentor inventory planning and allocation team members, fostering a culture of continuous improvement and professional development.

Who You Are:

• 10+ years in demand forecasting, merchandise planning, or inventory management; 5+ years in leadership
• Must have +5 years Netsuite experience 
• Experience in Ecommerce, Retail & B2B, ideally in high-growth environments
• Strong analytical and technical skills; comfortable with large datasets
• Hands-on, results-driven, and able to navigate ambiguity
• Effective communicator and influencer across all levels
• Player/coach leadership style - able to dive into details and drive strategic change
• You Own the Outcome and show up with rigor, accountability and a bias for action.
• You Spring Forward and embrace everything with energy, adaptability, positivity and maturity. 
• You Build the Best and are committed to growth, dreaming big, and sharing and receiving feedback in the spirit of always improving. 

Perks & Benefits at Parachute

• Work that fits your life
  • Hybrid schedule with Fridays work-from-home
  • Beautiful HQ in the heart of Culver City, steps from the light rail
• Take care of you (and your people)
  • Comprehensive medical, dental, vision, and disability coverage
  • One Medical (full health) , Kindbody (fertility health), and Talkspace (mental health) memberships for modern, easy access to care
  • Up to 10 weeks of paid parental leave for growing families
• Time to truly unplug
  • Open & flexible PTO - take the time you need, when you need it
• Support beyond your paycheck
  • 401(k) through Empower
  • Monthly work-from-home stipend
  • Monthly cell phone reimbursement
• Daily delights
  • Free snacks to keep you fueled
  • Weekly catered lunch to bring everyone together
• Employee Discount 
  • Free bedding for a great night’s sleep, an incredible employee discount, and $300 in free product every year

Parachute takes a market-based approach to pay, and pay may vary depending on your location. Your actual base salary will depend on factors such as your skills, qualifications, experience, and work location. Estimated pay range for this position is $150,000 - $175,000. 

About Us

Parachute is a modern lifestyle brand focused on creating premium, responsibly-made home essentials. At Parachute we exist to fill homes with soft landings. Home is an extension of the self. It offers a sense of belonging and welcomes all with ease and warmth. It’s where we recharge, wash off the day and rest up for tomorrow. Home is the most comforting word there is. That’s why they say there’s no place like it. The unmistakable feeling of home is what inspired us to create Parachute. To responsibly make essential, lasting items that transform a house into a home.Parachute was certified as a great place to work! Check us out here.

Ensure your Parachute Home job offer is legitimate and don't fall victim to fraud. Parachute never seeks payment from job applicants. Parachute recruiters will only reach out to applicants from an @parachutehome.com email address. For added security, where possible, apply through our company website atwww.parachutehome.com/careers.