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Inventory Management Specialist

2 months ago

Hoffman Estates, Illinois, United States Claire's Full time
Job Summary

Claire's is seeking a highly skilled Inventory Management Specialist to join our team. As an Allocation and Replenishment Analyst, you will be responsible for managing the timely allocation of new and repeat stock to our North American stores, ensuring that sales plans are achieved and stock utilization is maximized.

Key Responsibilities
  • Inventory Management: Build and update item/location eligibility by channel and location grade based on AP strategy and product life cycle in season direction/alignment with cross-functional partners.
  • Data Analysis: Independently create and direct the allocation strategy for area of responsibility in support of assortment plans and ensure consistency and accuracy of tactical actions.
  • Supply Chain Optimization: Proactively develop recommendations for in-season changes and pre-season assortment plans and flow to ensure maximization of objectives subject to approval by Manager.
  • Delivery and Allocation: Utilize BY/DA to pre-allocate scheduled receipts of Fashion newness, push allocate stock from the DC as needed, and end of seasonal life prior to Markdown.
  • Weekly Business Review: Attend and actively participate in weekly departmental team meetings, where Buying and Planning review sales and stocks from the previous week and relate performance to the original departmental strategy.
  • Monthly/Seasonal Business Review & Buy Trip: Support Monthly/Seasonal hindsight review from previous seasons and plan for future seasons with analysis and recommendations.
  • Systems and Process Improvement: Provide recommendations to optimize allocation strategy by changing need variables, current year, and prior year weeks range with alignment of Manager.
Requirements
  • Strong analytical and problem-solving skills.
  • Ability to work independently and as part of a team.
  • Excellent communication and interpersonal skills.
  • Proficiency in Blue Yonder Inventory Systems.
  • Strong business acumen and understanding of supply chain principles.
What We Offer
  • A dynamic and supportive work environment.
  • Opportunities for professional growth and development.
  • A competitive salary and benefits package.