Inventory Planner

We are seeking an Inventory Planner to join our team at Northern Tool + Equipment. In this role, you will be responsible for maximizing inventory investment efficiency while maintaining desired in stock and fill rate percentages for assigned vendors and product categories across all channels of sales and distribution.

Key Responsibilities:

1. Collaborate with the merchandising team to plan inventory needs versus sales forecasts.
2. Work with vendors to ensure inventory availability and utilize ASR/AWR software programs.
3. Perform item and vendor maintenance functions within ASR/AWR, tracking performance in key areas using E3 and JD Edwards reporting tools.
4. Meet minimum requirements for inventory management, including forecasting accuracy, mail order fill rate, retail transfer fill rate, service level goal attainment, and inventory accuracy.
5. Ensure in-stock position on all catalog, retail advertisements, end caps, and new stores at time of activation.
6. Complete vendor and item setup process and history exceptions within the E3 system in a timely manner.
7. Order merchandise and place transfers to maintain necessary inventory levels based on budgets, planograms, vendor programs, location-specific space considerations, and promotional events.
8. Expedite open orders, updating due dates and relevant information in the JD Edwards system to ensure accurate specifications when other departments access the system.
9. Identify and recommend actions for slow-turning and obsolete merchandise in assigned categories.
10. Work with assigned merchandising team members to manage inventory levels to fulfill vendor programs, seasonal plans, and planograms.

Requirements:

• Bachelor's degree or equivalent in merchandising or a related field.
• 1 year of related purchasing/inventory management experience desired but not required.
• Knowledge of hardline tools and equipment.
• Strong organizational skills are required.
• Ability to interpret various instructions furnished in written, oral, diagram, or schedule form.
• Solid PC skills, spreadsheet development abilities, and working knowledge of designated software packages.
• E3 experience with silver level certification or greater.
• Ability to communicate effectively, both orally and in writing, with a wide variety of company and vendor personnel.
• Demonstrates Northern Tool + Equipment's 12 Core Competencies.

About Us:

Northern Tool + Equipment is a problem-solver's paradise, where pros and DIYers feel at home. We strive to create a world-class customer experience, enter new markets, and drive growth through exceptional customer insight. Our comprehensive benefits package includes healthcare, retirement, and wellness programs, generous employee discounts, daily pay, 401K with employer match, holidays off, and a hybrid work schedule.