Inventory Optimization Project Lead

4 weeks ago


New York County New York, United States H&M Full time
Job Description

As an Inventory Optimization Project Lead in the Merchandising Function, your main focus will be to support and lead the creation and roll out of local and global projects for Region Americas. You align and execute on stock related strategies connected to future store and online projects from an allocation, replenishment, exit stock planning and new store components perspective. Your main responsibility will be the implementation and roll out of Project One in Canada and Gstore (smart store) for Region Americas from a merchandising point of view. You set and execute on assortment strategy for the Project One scope as well as partnership with Logistics to develop new ways of working. Your role will be in the Regional Demand and Supply and Inventory function but work broadly and have touchpoints with many different functions, both internal and external. In this role, you will work in a high paced and contribution heavy environment and we expect someone that can handle multiple deliverables simultaneous and is ready to contribute on a higher level. 

This role reports into our Inventory Optimization Project Manager and can be based remotely within the USA or Canada. 

This is a 1-year assignment project role. 

A Day in the Life 

Working at H&M means no two days are ever the same, but a typical day will include the following responsibilities* 

Sales, Merchandising, and Inventory 

Know your market: retail situation, inventory, and Logistics operation,  

Collaborate with Logistics and Store Operations to secure inventory and sales 

Monitor income plans and secure allocation 

Analyze and follow up on important KPI´s (Key Performance Indicators) and P&L (Profit & Loss) expectations and create action plans to optimize the results and sales 

Take part in developments towards external partners 

Draw conclusions on inventory, logistics operation, selling and reduction strategies and secure that learnings are used for planning 

Perform ad-hoc analysis 

Create, drive and follow-up weekly focus for the project entities 

Keep a close communication with all parts of the organization which influence garment distribution 

Collaborate with logistics and project teams to secure inventory operations 

 

Project One and SmartStore: 

Plan store capacity within project scope 

Together with project teams secure that relevant assortment is being sent to each entity. Take actions on performing and non-performing inventory (pushes, first allocation, stops, exit strategies etc.) 

Set income, allocation & exit strategy plan for project entities 

Ability to travel and work closely with store on new project openings 

Maintain BOPIS, BOSS settings 

Maintain OMNI availability settings 

Allocation/ replenishment settings connected to new delivery options 

Leading the SmartStore (gStore) development and implementation for merchandising (Higher if we have selected stores open for in-store replenishment) 

Merchandising responsible for SmartStore roll-out in Brand city stores and Project One 

Capacity management for re-setting SmartStores as well as governing capacity in project stores 



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