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Associate Inventory Planner
4 weeks ago
Lowe's Pro Supply Associate Inventory PlannerThe Lowe's Pro Supply Associate Inventory Planner is responsible for developing and implementing inventory strategies for a group of product categories that support both merchandising strategies and financial objectives. Responsible for creating and implementing item level inventory plans for both Stores and Ecommerce, achieving desired in-stock levels and planned inventory turns. The Inventory Planning Analyst will work closely with cross functional teams including but not limited to merchants, vendors, transportation and distribution to deliver desired results.Key Responsibilities:Responsible for implementing and maintaining item/location level inventory plans for a group of product categoriesManage monthly forecasts cycle for product categoriesCollaborate with suppliers to ensure inventory strategies are alignedPartner with replenishment team to ensure proper execution of inventory plans, ensuring desired in-stock levels are achievedMonitor inventory pipeline, anticipate and proactively communicate issues, and develop mitigation plans for any pipeline gapsTranslate strategy into tactics, enabling executionDrive inventory and replenishment strategies to support assigned categories including resets, promotions, events, seasonal /entry and exit, etc.Subject matter expert in planning / replenishment systems and thus utilize system capabilities to drive inventory to right location in the right quantity to support sales while also improving inventory productivityAnalyzes business performance, develops insights and translates into strategies to drive sales and inventory productivityMonitor and report on important changes and/or challenges in a timely manner to support sales and financial objectivesRequired Qualifications:Bachelors Degree or equivalent experience2+ years experience in demand, merchandise planning, replenishment or a related fieldPreferred Qualifications:Strong analytical skillsSelf-driven and highly motivatedApproaches problems with curiosity and is solution orientedStrong communication skills, both written and oralCapability to multitask in a fast-paced environmentAbility to work effectively within a team and build positive relationships cross-functionallyProficient in Microsoft Excel, MS office
