Associate Inventory Planner
Lowe's Companies, Inc.•Mooresville, NC
•Onsite
About The Position
The Associate Inventory Planner is responsible for developing and implementing inventory strategies for a group of product categories that support both merchandising strategies and financial objectives. Responsible for creating and implementing item level inventory plans for both Stores and Ecommerce, achieving desired in-stock levels and planned inventory turns. The Inventory Planning Analyst will work closely with cross functional teams including but not limited to merchants, vendors, transportation and distribution to deliver desired results.
Requirements
- Bachelor’s degree
- 2+ years experience in demand, merchandise planning, replenishment or a related field
Nice To Haves
- Equivalent combination of education and related experience or equivalent years of experience in lieu of education requirement, if applicable
Responsibilities
- Implementing and maintaining item/location level inventory plans for a group of product categories
- Manage monthly forecasts cycle for product categories
- Collaborate with suppliers to ensure inventory strategies are aligned
- Partner with replenishment team to ensure proper execution of inventory plans, ensuring desired in-stock levels are achieved
- Monitor inventory pipeline, anticipate and proactively communicate issues, and develop mitigation plans for any pipeline gaps
- Translate strategy into tactics, enabling execution
- Drive inventory and replenishment strategies to support assigned categories including resets, promotions, events, seasonal /entry and exit, etc.
- Subject matter expert in planning / replenishment systems and thus utilize system capabilities to drive inventory to right location in the right quantity to support sales while also improving inventory productivity
- Analyzes business performance, develops insights and translates into strategies to drive sales and inventory productivity
- Monitor and report on important changes and/or challenges in a timely manner to support sales and financial objectives
Benefits
- 401k with up to 4.25% match
- Discounted Employee Stock Purchase Plan (15% discount of strike price)
- Tuition-Free Education
- 10-week Maternity/Parental Leave
- 10% Associate Discount
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Number of Employees
5,001-10,000 employees
