Full-Time

Manager – Supplier Inventory

Posted on 9/12/2024

Wayfair

Wayfair

10,001+ employees

E-commerce platform for home goods sales

Consumer Software
Consumer Goods

Senior

No H1B Sponsorship

Boston, MA, USA

Hybrid capacity: in-office Monday - Thursday, remote Friday.

Category
Inventory Management
Supply Chain Management
Operations & Logistics
Required Skills
Sales
Communications
Management
Operations Research
Data Analysis
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • 5+ years of work experience in E-commerce, Retail and Operations/ logistics/transportation industry preferred
  • Proven experience of taking on big challenges and delivering despite obstacles and limited resources
  • Ability to handle multiple projects, and synthesize data into consumable formats and bring actionable insights through effective communication
  • Excellent command of Microsoft Excel/ Google Sheets (including use of Pivot Tables, and complex formulae) to perform deep-dives on supplier performance and translate insights into compelling supplier pitches using Powerpoint / Google Slides
  • Consulting skills to interact with supplier and internal teams; able to flex communication style, persuade, explain, and drive results
  • Demonstrated ability to communicate with external executives
  • Experience managing others, preferred
  • Bachelor's degree; studies in Supply Chain, Industrial Engineering, Information Systems, Analytics, Business Administration, Operations Research, Economics, Statistics, a plus
Responsibilities
  • Partner with suppliers to grow their business with Wayfair and develop insights to influence their product assortment, production, supply chain, and operations as well as analyze product delivery and supply chain processes to identify or recommend changes.
  • Develop and execute strategies to optimize sales, turns, in-stock rates, and network balance to determine appropriate network design strategy for supplier partners.
  • Track performance against forecasts to identify and communicate risks and opportunities for the business.
  • Conduct ad hoc analyses using Excel and internal dashboards to drive decisions. Work cross functionally with multiple teams (Ocean logistics, Engineering, Pricing, Category management, operations, network management, merchandising) to solve business problems, and manage vendor relationships.
  • Provide active coaching & mentorship of junior team members
  • Work with senior team members, with a focus on structuring analyses, formulating portfolio strategies, and communicating findings to senior management

Wayfair specializes in selling home goods through its online platform, wayfair.com. It offers a wide variety of products, including furniture, lighting, cookware, and appliances, catering to different styles and budgets for customers ranging from homeowners to interior designers. The company operates a marketplace model that connects consumers with over 5,000 brands, allowing it to provide a large selection of items without managing extensive inventory. Wayfair earns revenue from product sales and advertising fees from suppliers promoting their products on the site. Its extensive product range includes smart kitchen appliances and curated collections, making it easier for customers to find what they need for home improvement projects. Wayfair's goal is to be a one-stop shop for all home-related needs, providing a comprehensive shopping experience.

Company Stage

IPO

Total Funding

$341.4M

Headquarters

Boston, Massachusetts

Founded

2002

Growth & Insights
Headcount

6 month growth

1%

1 year growth

14%

2 year growth

-3%
Simplify Jobs

Simplify's Take

What believers are saying

  • Wayfair's new loyalty program could enhance customer retention and engagement.
  • The launch of brick-and-mortar stores may attract luxury brand customers.
  • Wayfair Professional's 2025 Design Trends can boost its influence in the design community.

What critics are saying

  • COO Thomas Netzer's departure may disrupt Wayfair's operational stability.
  • Closing a returns center could lead to customer dissatisfaction and loyalty issues.
  • Opening physical stores might divert focus from Wayfair's core online business.

What makes Wayfair unique

  • Wayfair offers a vast selection of home goods through its marketplace model.
  • The company provides curated collections, simplifying home improvement decision-making for customers.
  • Wayfair's 'Zillion Things Home' approach makes it a one-stop shop for home needs.

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