
Forecasting Inventory Specialist
6 days ago
Our organization is expanding rapidly and requires a skilled Amazon Virtual Assistant to manage inventory, product sourcing, and forecasting. The ideal candidate will possess expertise in utilizing tools like Helium10.
Key Responsibilities- Product Sourcing: Source products effectively and maintain stock levels in line with demand, ensuring supply aligns with forecasting models.
- Inventory Forecasting & Management: Proactively monitor and manage inventory levels using platforms such as SoStocked or similar tools. Stay informed about sales trends, seasonality, and marketing campaigns to optimize stock levels.
- Expiration Management: Track product expiration dates and collaborate with the marketing team to prioritize sales for items nearing expiration.
- Sales Channel Impact: Anticipate and manage the effects of new sales channels (such as TikTok Shop and Facebook Ads) on inventory needs. Adapt forecasting based on shifting demand.
- Proactive Reordering: Ensure timely reordering of inventory by tracking low stock levels and setting reorder points with suppliers to prevent both stockouts and overstock.
- Inventory Reporting: Provide regular updates and reports on inventory levels, potential stock issues, and forecasted needs.
- Helium10 Platform Management: Utilize Helium10 for accurate inventory forecasting and management. Experience with SoStocked is beneficial; if not experienced, must be able to quickly learn and master it.
- Cross-Functional Collaboration: Work closely with our marketing, ads, and operations teams to align inventory levels with sales strategies and ensure smooth operations.
- 2+ years of experience in inventory management and product sourcing, particularly for Amazon FBA Private label.
- Proficiency in inventory forecasting tools, with specific experience using Helium10.
- A solid understanding of sales trends, seasonality, and how to integrate those into inventory strategies.
- Experience with supplements or gated products is advantageous but not required.
- Strong organizational and communication skills to manage cross-functional coordination.
- Ability to work in the Pacific time zone as we are based in Vancouver, Canada.
- Self-motivated and able to take proactive measures to manage inventory levels efficiently.
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