Inventory Planning Forecast Analyst

CHERVON NORTH AMERICA INC•Naperville, IL

11d•$80,000 - $90,000•Hybrid

About The Position

Chervon is one of the world’s largest power tool and outdoor power equipment manufacturers with a rich history of innovation. Chervon’s commitment to build a better world by building better tools is evident in the products we manufacture and our green approach to manufacturing. We focus on hand-held portable power tools, stationary bench tools, laser and electronic equipment and outdoor power equipment. With world-class R&D, design, manufacturing, supply chain, marketing, sales, and service teams throughout the world, we do it all. Job Summary The Inventory Planning/Forecast Analyst is responsible for developing and implementing strategies that maximize sales and inventory productivity and maintains the appropriate in-stock positions and manages inventory in the most effective manner across all stores, distribution centers and SKUs for the Industrial Construction and OPE - Direct Dealer Channels. The Inventory Planning/Forecast Analyst will work cross-functionally with internal teams to accomplish team goals and to improve inventory productivity. The Analyst creates accurate forecasts to support established financial goals; develops the inventory and replenishment strategies; manages parameters for each assigned product line to execute the replenishment strategies; and achieves target in-stock levels and planned inventory turns.

Requirements

3-5+ years of experience in a retail inventory, planning and replenishment role
BS/BA degreed with supply chain management, inventory management, finance or a related field
Strong analytical and problem-solving skills
Ability to quickly retrieve, manipulate, analyze and interpret data
Critical thinking skills to identify the strengths and weaknesses of alternative solutions
Ability to understand and foresee implications of new information for current and future problem solving
Good written and verbal communication skills
Strong ability to multi-task and handle competing priorities at once
Self-starter as well as major contributor to his/her team
Extensive knowledge of Microsoft Excel
Strong understanding of inventory management principles and data analytics
Strong understanding of inventory management systems
Financial acumen skills
Understanding of supply chain and merchandising processes
Understanding of distribution, transportation, and supplier manufacturing principles
Proven work experience in a quantitatively/analytical-heavy role
Self-starter with excellent interpersonal communication and problem-solving skills

Responsibilities

Inventory Planning & Forecasting Provide forecast and pro-forma projections working with Sales Directors and Key Account Managers in the IC and DD Channels
Provide accurate in-stock reporting on a weekly basis
Review suggested orders with factory and reconcile to forecasts
Inform and work closely with entire Operations team on current and future orders
Provide weekly sales/operations dashboard reporting including reviews and comments on at risk inventory levels for IC and DD Channels
Work collaboratively with Key Accounts on forecasts and shipment flow planning.
Provide accurate in-stock and supply risk reporting on a weekly basis to the key account managers
Ad hoc report requests regarding forecast and account financial planning on a monthly basis
Work collaboratively with the customer account contacts to align on the total unit forecast and the per month forecast phasing
Analyze weekly POS trends in order to predict shifts in the demand in the marketplace
Direct Flow Management Own and represent the complete 52-week Sales/Inventory forecast and goals; Accountable for stores and regional distribution centers (RDCs) with Key Accounts
Work with factory/operations teams to ensure on-time shipping and most cost-effective distribution method; Help to manage inventory in Chervon’s domestic and direct import warehouses to help support in-stock targets established by IC and DD Channels