Inventory Analyst

**Job Number**21162**

**Hingham, Massachusetts US**

**Full Time**

Talbots is a leading omni-channel specialty retailer of women's clothing, shoes and accessories. Established in 1947, the company is known for modern classic style that's both timeless and timely, fine quality craftsmanship and gracious service. At Talbots relationships are the key to our business, we hire individuals who bring new ideas to the table, understand smart risk taking and can enhance an already thriving culture. With a commitment to offer modern classic style for every body type, through a full range of sizes, inclusive to every woman in your life.

The **Inventory Analyst** makes an immediate and daily impact on the Cross Functional Team and lives the values of the Talbots organization. They will contribute to the success of omni-channel inventory management activities by ensuring the flow of inventory to stores/direct/outlet is aligned with global strategies to maximize the company’s sales, inventory, and margin goals. They will collaborate on strategies with their Inventory Manager, Merchandising, and Planning partners.

**What We Offer**:

- **Growth** Here at Talbots our goal is to give you the tools to grow beyond this position and into the next.
- **Condensed Work Week** If we have no work obligations, our Life-Work balance approach allows for us to start our weekend at 1pm on Fridays.
- **Complete Benefit Package** Our benefits kick off the first day of the month after your start date We have competitive time off, including paid time to volunteer within the community.

**What You’ll Do**:

- Accountable for executing inventory management strategies in partnership with the Inventory Manager, Merchant, and Planner to maximizes channel performance by achieving sales and margin goals. Drive Business Growth Strategies.
- Able to independently evaluate business trends to draw and present actionable conclusions to cross functional team and management.
- Knowledgeable of merchandise performance across all levels of the store and product hierarchy to identify issues and opportunities, while using creative problem-solving skills to drive profitable solutions.
- Manage the flow of inventory while considering markdown and liquidation strategies, while

partnering with cross functional team to maximize profitability.- Analyze omni-channel selling by size and recommend optimum size and pack purchase

strategies based on store/item/classification and key item level need.- Establish volume groups and store clusters that support merchandising and financial objectives.
- Drive breadth and depth targets for each volume group in the assortment to align key

goals/metrics: unit sales, inventory, receipts, turn and margin expectations.- Collaborate with Merchandise Planning and Merchandising partners throughout the line build process to ensure the assortment plan meets financial objectives and are achievable based on store selling analysis.
- Collaborate with Expertise and Influence the Cross Functional Team
- Partner with the Planning and Merchandising team pre-season to develop hindsight’s that will help develop next season’s product strategies
- Communicate and make recommendations to the Inventory Manager and the Cross Functional Team regarding store needs and distribution concerns such as flow, breaks, sizing, and new store issues.
- Identify, create and recommend best practice processes; including reports, tools, process, etc. that may be missing/required to maximizing current and future performance.
- Partner with the Planning Team to maximize omni profitability through preseason store cluster analysis, initial allocation, DC management and in-season management.
- Understand the impact discussions/strategies/decisions have on your individual business. Use this information to formulate and present conclusions/strategies as the voice of inventory management to cross functional team leadership.
- Support Smart Risk Taking and Innovation
- Recommend new allocation strategies at the classification and/or key item level keeping a

customer centric inventory strategy.- Independently identify and recommend business driving opportunities to your Manager

through analytics and risk management.- As the Inventory Management system expert, propose opportunities for process changes, new tools, reports, and projects that will help to streamline tasks to elevate/evolve the Inventory Management Team.

**Who You Are**:

- Bachelor’s degree required
- Prefer experience in stores, allocation or planning
- Ability to think objectively and interpret meaningful themes from quantitative and qualitative data
- Ability to use logic to solve problems
- Strong sense of work ethic and responsibility
- Able to present ideas and direction clearly to others
- Able to build strong relationships with a diverse group of business partners
- Demonstrates strong listening, written and oral communication skills
- Able to work independently, self prioritize an