Replenishment Analyst
4 weeks ago
The Replenishment Analyst supports the Buying Team by managing and allocating product to each location in a timely and cost efficiently manner. This role will review location sales trends and inventory needs, contributing to the Buying Team's ability to achieve sales, gross margin, and inventory turnover goals for assigned categories of merchandise. The Replenishment Analyst works closely with the buying and planning teams to help manage inventory productivity.
Any offer for this role is contingent upon candidates providing proof of full vaccination against COVID-19 or receiving a legally required exemption or accommodation prior to your start date.
DUTIES AND RESPONSIBILITIES:
Replenishment / Allocation:
- Execute store assortments through replenishment of product. Ensure product is available for POG and presentation compliance.
- Ensure promotional products are allocated to stores based on sales performance (historical, current, and expected demand), presentation minimums, and on hand inventory levels.
- Achieve inventory goals by platform through efficient and timely distribution of product. Monitor and track orders to ensure on time delivery orders to store.
- Prepares order information in excel format to submit to the merchandise support team.
- Collaborate with the planner to deliver standard weekly & monthly location analysis for assigned categories of merchandise.
- Develop replenishment strategies through analysis of historical data, store needs, demographics, and forecasting trend. to identify business opportunities and risks.
- Works with the planner to develop by-location by-department inventory targets that support overall in-stock strategy.
- Utilize Key Item Ladder Plans and Promotional Strategies to effectively distribute product.
- Bachelor's Degree required
- 1-3 years of experience in a similar position or with similar responsibilities preferred
- Store experience a plus
- Strong math aptitude and analytical skills (ability to perform analysis, draw conclusions and make recommendations)
- Strong computer skills to include advanced abilities in Microsoft Excel (including pivot tables, v- lookups, sum-ifs, mathematical and text functions, report building, filtering, sorting, and data organization)
- Strong interpersonal, verbal, and written communication skills
- Ability to work effectively in a highly team orientated environment
- Ability to manage multiple tasks, organize and prioritize workload, and complete work with a sense of urgency, accuracy, and follow-up
- Adapts easily and positively to change and demonstrates flexibility
- Demonstrates a strong career commitment and initiative to advance to the next level
- Ability to travel to stores when required
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