Inventory Planner

Lowe's Companies, Inc.•Mooresville, NC

2d•Onsite

About The Position

The 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 Planner will work closely with cross functional teams including but not limited to merchants, vendors, transportation and distribution to deliver desired results. At Lowe's, our supply chain is the backbone of our mission to serve customers and support our stores. When you join our supply chain team, you're stepping into a role that directly impacts millions of homes and communities across the nation. You'll be part of a supportive network where colleagues and leaders have your back, working together to overcome challenges and deliver for those who rely on us. As you contribute to our industry-leading supply chain operations, you'll build a rewarding logistics career with fair, respectful leadership that helps you shape a future you can be proud of. Your expertise will be vital in driving the future of retail as we continue to innovate and excel in the market.

Requirements

Bachelors Degree is required or equivalent combination of education and related experience or equivalent years of experience in lieu of education requirement
4+ years experience in demand, merchandise planning, replenishment or a related field
Proficient in Microsoft Excel and MS office
Strong analytical skills
Self-driven and highly motivated
Approaches problems with curiosity and is solution oriented
Strong communication skills, both written and oral
Capability to multitask in a fast-paced environment

Responsibilities

Responsible for 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 instock levels are achieved
Monitor inventory pipeline, anticipate and proactively communicate issues, and develop mitigation plans for any pipeline gaps
Drive inventory and replenishment strategies to support assigned categories including resets, promotions, events, seasonal /entry and exit, influencing cross functional stakeholders
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