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About this job

Job Description

General Summary:

The Inventory Analyst provides support in creating, managing, and executing sales and inventory plans from investment through allocation at the product/category/item level. The Inventory Analyst is responsible for providing to the IM teams relevant data and analysis throughout the IM lifecycle.

Key Roles and Responsibilities:

Financial Planning - Forecasting
  • Provide data and recommendations to influence the development of department/class level plans
  • Assist in the development of department/class level allocation strategies
  • Execute strategies for packing, pre-packs, size balancing and inventory balancing

Plan Management - Allocation
  • Support in-season management of department/class level plans including ongoing assessments and updates
  • Execute initial inventory releases
  • Ensure receipt accuracy to support in-season allocation strategies
  • Execute in-season price strategies, store level exceptions, and new store allocations
  • Forecast inbound/outbound inventory to drive in-stock and to manage DC/store payroll

Business Process Management-Supply Chain Operations
  • Execute allocation and replenishment of Basics managed thru demand forecasting and vendor management tools, as required


Qualification

Skills Required:
  • Analytic Skills: Ability to think objectively and interpret meaningful themes from quantitative and qualitative data
  • Financial and Business Acumen: Ability to evaluate financial and business indicators and translate data into actionable information to drive results; proficiency in retail math
  • Problem Solving & Decision Quality: Able to use rigorous logic and methods to solve problems with effective solutions
  • Influencing & Negotiation: Can present ideas and directions that lead others to action
  • Systems and Tools Acumen: Proficiency in Microsoft Excel, and have aptitude to learn technical applications quickly
  • Collaboration: Able to build constructive and effective relationships with a broad and diverse group of business partners
  • Possess strong organizational and time management skills
  • Demonstrate strong listening, written and oral communication skills


Qualifications:
  • Bachelor's degree or equivalent experience
  • 1-2 years work experience, preferred