Supply Chain Planner

Company Overview

Sleep Number is a sleep wellness technology leader. For nearly four decades, we have placed sleep at the center of wellbeing, improving over 15 million lives with our Sleep Number smart beds. We are guided by our purpose – to improve the health and wellbeing of society through higher quality sleep. This is exemplified through our 4,000+ mission-driven team members who passionately innovate to drive value creation through our vertically integrated business model, owning the process from start to finish, including selling in our over 650 stores nationwide.

Our team members are encouraged to bring their whole selves to work, sharing their unique perspectives, backgrounds and skills with Sleep Number every day. Whether you are entering, returning or experienced in the workforce, we have a place for you. We hope you join us in creating the future through higher quality sleep.

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

Position Requirements

• Required: 3+ years of inventory planning and distribution and/or material planning/production scheduling experience
• Required: Bachelor’s Degree
• Preferred: Lean experience (PFEP)
• Preferred: Oracle R12 experience, Advanced Supply Chain Planning
• 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

Working Conditions

• This position is based out of our Corporate HQ in Minneapolis, MN, with a hybrid in office schedule
• Ability to work overtime/weekends
• Minimal travel 10%

Wellbeing

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.

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.