Inventory Analyst - Military veterans preferred

2024-05-15
AppCast (https://www.appcast.io)
Other

/yr

  full-time   employee


Chicago
Illinois
60290
United States

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The Inventory Analyst will partner with the category manager teams to develop and execute inventory strategies that drive incremental sales and profit for XL Parts and The Parts House. He/she will be responsible for ensuring the attainment of DC order fill goals while maintaining inventory efficiency. The Inventory Analyst must be able to manage multiple projects simultaneously and prioritize in accordance with a rapidly changing environment. ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned. Replenishment System Management

Optimize the automated replenishment system parameters based on rate of sales, lead times and order frequency to ensure meeting our DC order fill goals and inventory levels to plan. Confirm replenishment strategies with supply chain management. Monitor product flow from domestic and import vendors to distribution centers and to stores; replenishing product as needed. Adhere to assigned category inventory budgets while achieving planned turnover and revenue growth Monitor vendor performance working to resolve issues that impact achievement of company goals Review the Unfulfilled report, the Vendor fill Rate and other related reports to monitor proper fill rates and communicate any issues to Merchandising and the vendor for appropriate action. Planning / Analysis Perform analysis and review upcoming promotional forecasts and seasonal activity based on sales, inventory and service level expectations. Actively supports the category business plan and line review process with data and analysis, providing recommendations and insights as necessary Analyze and review non-working inventory (NWI); create and monitor action plans to minimize inventory liability. Manage vendor returns to achieve non-working inventory goals and alignment with category plans. Assist in development of annual budget at category level to support company financial targets, including sales, receipts, inventory levels and future line reviews.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Minimum Requirements

* Demonstrated analytical ability and problem-solving skills

* Strong attention to detail, planning, and organizational skills

* Excellent verbal and written communication skills

* Strong computer skills, systems aptitude, and experience

* Retail / Warehouse Distribution experience

* Demonstrated leadership skills

* Ability to work independently and with a high level of energy and initiative

* Ability to interface with all levels of management

Desired Requirements

* Financial analysis and/or forecasting experience

* XLP/TPH Vision systems aptitude and experience

EDUCATION and /or EXPERIENCE

* Two or more years business experience

* Inventory, Merchandising, Merchandise Planning, or Retail/Distribution experience

* Bachelor of Science degree in Business, Marketing, Economics, Math or Statistics from an accredited four-year college or university or equivalent business experience.

* Advanced PC skills and Microsoft Office a must.