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Planning & Inventory Intern

Colony Brands, Inc.

2 Positions

ID: 6342

Posted On 11/14/2024

Job Overview

The Planning & Inventory Internship will begin in May and end in August 2025.

As a Planning & Inventory Intern, you’ll work closely with both our Planning & Inventory teams. You’ll assist Planning with developing seasonal financial plans at the category and product level to drive sales and maximize profit. You’ll develop & apply sales forecasting curves for catalog items through statistical analysis. You’ll assist Inventory with the purchasing, flowing, and management of inventory levels to satisfy demand and meet financial objectives associated with fulfillment, turnover, and profitability. In addition, you will be responsible for:

  • Determining forecasts for product to meet financial targets for the season and each catalog
  • Analyzing reports and data to determine trends by catalog, category, price point, positioning, etc.
  • Analyzing sales and profitability information for current performance and comparing to historical results & plan expectations.
  • Performing daily forecast system tasks/updates as necessary to ensure we are in sync with the mainframe at all times
  • Analyzing trends in the business to identify potential risk
  • Assist in monitoring key performance indicators
  • Developing a buy plan to satisfy demand
  • Communicate with cross functional partners to minimize fulfillment and inventory risk
  • Maintaining accurate data in the systems and provide reporting as needed
  • Working with cross-functional partners on business analysis and financial target setting as well as a collaborative intern project.

This position requires initiative and the ability to be self-sufficient. Ideally, you’ll be pursuing a degree in Business, Logistics, Finance, or a related field. In addition, internship applicants must:

  • Be at least Junior or Senior standing, recent graduates may be considered
  • Have a cumulative GPA of 2.80 or higher
  • Have excellent written and oral communication skills
  • Be able to handle multiple tasks/responsibilities and meet deadlines
  • Have keen attention to detail
  • Strong analytical, critical thinking and problem solving skills
  • Possess extensive knowledge of and experience with MS Office and Windows applications (particularly Excel)

This position is not eligible for remote work and would require you to work onsite at our headquarters in Monroe, WI for the duration of your internship.

Note: We do not offer immigration sponsorship for any position at this time.

Colony Brands, Inc. is one of North America's largest, multi-channel, direct-marketing companies. The company maintains an extensive portfolio of affiliates, brands, and products ranging from cheese and petit fours to apparel and kitchen appliances, while maintaining its roots as a private, customer-centric business based in Monroe, WI. We're financially sound, yet our success is not just defined by our profits; it's about living our Core Values, giving our employees the opportunity for growth and providing a better place to live and work! To that end, Colony Brands generously supports the communities we work in and offer many benefits and programs that support the well-being of our employees.

Internship Perks:

  • Paid Opportunities - This is a paid opportunity to explore your career! All Interns are paid a competitive wage for their field.
  • Relocation/Housing – $1,000.00 to assist with housing costs for students relocating/coming from more than 50 miles away to their work site.
  • Bilingual interns are eligible for a $500 bonus at the completion of their internship!
  • Employee Discounts - Our employee sales program offers employee discounts on items ordered from our fine catalogs and selected Outlet Store. Discounts range from 45% to 50% off.
  • Time Off - We all need a little down time and all Interns enjoy paid time off during their internship.
  • Gym Membership Reimbursements - Receive up to $50 per month toward a gym membership at local YMCA/YWCAs.
  • Health Insurance - Interns are offered Medical/Dental/Vision Insurance
  • Business Casual Dress Code - Jeans are allowed year-round!
  • Performance Updates - We provide interns with useful feedback regarding their performance throughout their internship. A formal mid-performance appraisal and final appraisal will be given.
  • Training - We provide all interns with the necessary hands-on training to make their internship experience successful.
  • R. Kubly Family Foundation - The foundation will pay for your graduate or professional schooling in return for a commitment to live and work in Monroe, WI after you graduate. Visit www.rkublyfamilyfoundation.org for more details

Primary Contact

214918

Rudy Folk

Sr. Talent Acquisition Specialist,

608-324-8818

Phone

Phone

Phone

Fax

Rudy.Folk@colonybrands.com

Email

True

False

True

Job Details

Categories

Accounting/Auditing
Banking/Mortgage/Financial Services

Location

Monroe, WI

Shift

First Shift

Job Type

Employee

Full/Part

Full Time

Pay/Salary

$22.00/hr.

Benefits

Health Insurance
Dental Insurance
Vision Insurance
PTO (Paid Time Off)
Paid Holidays


Qualifications

Education

Some College

Experience

1-2 Years

Company ID

937

Job REQ #

6342

# Positions

2

Start Date

20241114

End Date

20250425

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Colony Brands, Inc.

About the Company

As one of North America’s largest multi-channel, direct-marketing companies, we take pride in our diverse portfolio of affiliates, brands, and products. Despite our growth over the last century, we remain true to our roots as a private, customer-focused business based in Monroe, WI.

Stability is just one aspect of our culture. What truly defines us is our commitment to our Core Values, fostering employee growth, and creating a better place to live and work. We are dedicated to supporting the communities we serve and offer a wide range of benefits and programs to enhance the well-being of our employees.

Learn more here: https://www.colonybrands.com/