QuinceQU

Sr. Forecasting Analyst - 2024b

Quince is an affordable luxury brand that sells high-quality fashion and home goods at radically low prices— direct from the factory floor. The company has pioneered a manufacturer-to-consumer (M2C) retail model in which factories produce inventory on a near just-in-time basis and ship their goods directly to consumers' doorsteps, cutting out financial and environmental waste.

Quince

Employee count: 201-500

United States only
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OUR STORY

Quince was started to challenge the existing idea that nice things should cost a lot. Our mission was simple: create an item of equal or greater quality than the leading luxury brands and sell them at a much lower price.

OUR VALUES

EVERYONE SHOULD BE ABLE TO AFFORD NICE THINGS. Quality shouldn’t be a luxury. We’re proud of our mission to bring the world’s highest quality goods to people at affordable prices.
QUALITY IS MORE THAN MATERIALS. True quality is a combination of premium materials and high production standards.
WE FOCUS ON THE ESSENTIALS. From the perfect crewneck sweater to hotel quality sheets, we're all about high quality essentials that bring enjoyment to daily life.
WE’RE INNOVATING TO MAKE UNREAL PRICES A REALITY. Our uniquely developed factory-direct model lets us offer exceptionally high quality goods for much lower prices than our competitors.
ALWAYS A BETTER DEAL. We believe in real price transparency, for both our customers and factory partners. This way, everyone gets a better deal.
FAIR FACTORIES. We are committed to working with factories that meet the global standards for workplace safety and wage fairness.

OUR TEAM AND SUCCESS

Quince is a retail and technology company co-founded by a team that has extensive experience in retail, technology and building early stage companies. You’ll work with a team of world-class talent from Stanford GSB, Wish.com, D.E. Shaw, Stitch Fix, Urban Outfitters, Wayfair, McKinsey, Nike etc.

THE IDEAL CANDIDATE

The ideal candidate is a self-starter, problem-solver and successful in combining technology and data into best-in-class outcomes. The candidate is energized by solving complex business problems and consistently effective in making high-judgment decisions at rapid pace amidst the frequent ambiguity that comes with charting a course of action with no precedent. Moreover, the ideal candidate is energized by an environment where strategy, innovation and decision-making are intentionally distributed, where candor, speed and data are highly valued and colleagues at all levels hold each other to unusually high standards on behalf of Quince customers.

Role and Responsibilities

The objective of the Senior Forecast Analyst is to manage forecasts at all levels with the objective of optimizing inventory turns in support of the Quince business model. Because the model is unique, the role will be unique in its execution, achievement of Key Performance Indicators and interaction with internal and external business partners.
  • Forecast Items at the style-color-size level by week while achieving an objective set of key performance indicators which include In-Stocks, Inventory Turn, Return on Investment and others
  • Partner closely with the internal sourcing team and directly with vendors to collaborate on forecasts and maximize the availability of Inventory
  • Work directly with the Technology Team to drive the development and/or implementation of an integrated, intelligent and sautomated technology solutions
  • Perform analytics to answer questions that will lead to improved KPI performance
  • Work with sourcing to model vendor relationships, vendor terms and risks
  • Build short, mid and long-range plans in support of the strategic needs of the business
  • Present Forecasts, Strategy and Plans weekly to executives
  • May manage 1 or more individuals

Qualifications and Education Requirements

  • 4-6 years in an Inventory Planning, Merchandising or related Analytics or Technology roles
  • College Degree Required, MBA or Masters in Supply Chain Management

Skills

  • Strong Analytic Skills with experience using advanced statistical functions in Excel
  • Fluent with Google Suite
  • Experience prototyping Inventory Optimization Techniques and converting to scalable Technology.
  • The ability to collaborate with internal and external partners to maximize opportunities and minimize risks
  • Strong commitment to continuously improve
  • Ability to find, organize and use data to draw conclusions while minimizing the use of assumption
  • Comfort working in a fast paced environment where established processes may not exist

Characteristics of the prototype candidate

  • Insatiable curiosity and the desire for answers
  • Willing to have a point of view and share it with business partners, peers and executives
  • Ability to prioritize and re-prioritize as business changes
  • Ability to thrive in a start-up environment
  • Committed to building scalable processes and industry winning technology
  • Extremely effective presentation and communication skills while effectively utilizing supporting materials and applications
  • Clearly understands the relationship between their work and the priorities, objectives and financial performance of the company.
  • Bias towards Technology
Quince seeks to build high-performing teams of people from various experiences and backgrounds who can collectively push our company into new realms. We seek a diverse pool of applicants and consider all qualified candidates regardless of race, ancestry, color, gender identity or expression, sexual orientation, religion, national origin, citizenship, disability, Veteran status, marital status, or any other protected status. If you have a special need or disability that requires accommodation, please let us know.

Security Advisory: Beware of Frauds

At Quince, we're dedicated to recruiting top talent who share our drive for innovation. To safeguard candidates, Quince emphasizes legitimate recruitment practices. Initial communication is primarily via official Quince email addresses and LinkedIn; beware of deviations. Personal data and sensitive information will not be solicited during the application phase. Interviews are conducted via phone, in person, or through the approved platforms Google Meets or Zoom—never via messaging apps or other calling services. Offers are merit-based, communicated verbally, and followed up in writing. If personal information is requested to initiate the hiring process, rest assured it will be through secure and protected means.

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About the job

Apply before

Jun 21, 2024

Posted on

Apr 22, 2024

Job type

Full Time

Experience level

Senior

Location requirements

Hiring timezones

United States +/- 0 hours

About Quince

Learn more about Quince and their company culture.

View company profile

Quince started when we brought our work home. We built careers working for high-end brands, but investing in luxury clothing, jewelry and home goods for ourselves was a rare treat. So, we built our own brand—committed to making exceptionally high-quality essentials at a price within reach. Because everyone deserves to fill their life with the finer things.

OUR VALUES

  • QUALITY: Quality shouldn’t be a luxury. We choose premium materials and designs that stand the test of time. Our products feel nicer and last longer, on purpose.

  • SUSTAINABILITY: Sustainability is built into everything we do. Whenever possible, we choose organic materials, environmentally conscientious packaging and ethical business practices.

  • AFFORDABILITY: Everyone should have access to nice things. We keep prices low by using a factory-direct model that cuts out the supply-chain middlemen and reduces costs.

A Vision For Sustainability, Accountability, Transparency & Amazing Value.

Affordable products shouldn't come at the cost of worker exploitation. We only partner with factories who meet or exceed global guidelines for workplace safety and equitable wages.

The difference is clear

We value transparency. We’re open and honest about the materials in our products, how they’re manufactured and how they’re priced. Honesty is always our policy.

We started Quince to challenge the existing idea that nice things have to cost a lot. Our mission was simple—create products of equal or greater quality than the leading luxury brands at a much lower price. Because we believe quality should never be a luxury.

How we keep prices low

We never cut corners when it comes to quality, sustainability or fair manufacturing practices. Our prices stay low because we avoid the expenses of the traditional supply chain, including sourcing agents, warehousing, wholesaling, distribution and storefront retail.

Employee benefits

Learn about the employee benefits and perks provided at Quince.

View benefits

Equity benefits

Stock in an early-stage startup.

Healthcare benefits

Full medical and dental benefits.

Employee referral program

Get rewarded when you refer a new team member to Quince.

Flexible vacation policy

Take as much time as you need as long as it doesn't impact your ability to do your job.

View Quince's employee benefits
Claim this profileQuince logoQU

Quince

Company size

201-500

Founded in

2018

Chief executive officer

Sid Gupta

Employees live in

View company profileVisit quince.com

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