Job Description

The Inventory Management Analyst is the store expert, responsible for optimizing inventory by store to create the most profitable assortment at the store level. They are responsible for initial allocations as well as re-flow orders and optimizing replenishment by store. Analysts work closely with Merchandising and Planning partners to identify and react to business needs to drive the profitability of the office. This position requires a passion for finding small wins at the location level and translating them into larger wins that drive the profitability and productivity of the entire company.

Essential Functions:

Support the process and communication of allocations for assigned FOB on a consistent and ongoing basis

Execute all associated allocations for initial buy, delayed allocation and re-flow orders for stores and eCommerce.

Analyze current sales trend, inventory levels and past selling history to develop distribution strategies, execute allocations and determine vendor entrance or exit to achieve optimal inventory levels by store.

Analyze location sales and highlight inventory successes and opportunities

Create the guidelines for minimums and maximums of units on hand in each store

Optimize number & size distribution of case packs to maximize sales and margin

Perform allocation effectiveness hind sighting to improve allocations & drive future profitability; shares findings and recommendations with Buying and Planning partners

Take on the challenge of optimizing allocations in complex and fast-paced areas

Develop and share new techniques for optimizing inventory at the store level.

Develop SOPs and best practices with Allocation System (Blue Yonder, Formally JDA)

Requires designated hybrid in-office work schedule

Education:

Bachelor's degree and/or equivalent years of experience required

Specific degree:

Business, Finance, Accounting and or Retail preferred

Work Experience:

Specific work or project experience:

Demonstrated proficiency using Microsoft Windows Operating System and Microsoft Office Suite

Prior Finance and or/ Retail Experience preferred

Knowledge, Skills & Abilities:

Ability to analyze data from multiple sources to identify trends & risks, resolve issues, and recognize opportunities

Demonstrates initiative in exposing and resolving risks and opportunities

Demonstrates intermediate-level proficiency using retail merchandising systems & tools to drive business results

Demonstrates intermediate-level proficiency using Oracle systems & tools (e.g. SAS, RMS, APX) to drive business results

Ability to effectively communicate with internal and external partners (vendors) to proactively address business needs

Strong background in data analysis

Strong Excel skills (including pivot tables, lookups, If Statements)

Strong problem-solving and analytical skills; strong aptitude with numbers

A mindset that can quickly adapt to new thought processes and is constantly looking for a better way to do the job

Aggressive in pursuing opportunities and driving allocation excellence

Innate curiosity, constantly looking internally and externally for better ways to do the job

Ability to manage time and workload effectively with flexibility to shift focus/priorities at a moment's notice

Excellent written and verbal communication skills

Knowledge of retail math



#LI-CM1

#IND3

#LI-HYBRID