Planning Analyst

Arhaus Recruiting • Boston Heights, OH

2d

About The Position

The Planning Analyst is responsible for the tactical management of Purchase Orders - by tracking purchase orders from creation of the order to receipt in the warehouse. They will monitor Inventory levels to maximize stock position and minimize unproductive inventory at the product level. This position will work with the Merchandise Planner to ensure that approved strategies and financial goals are achieved. The ideal Planning Analyst candidate is curious, innovative, results-oriented, and focused on delivering a best in class customer experience through their work in executing strategy and exceeding financial targets.

Requirements

• Bachelor’s Degree in Business or related field required.
• Minimum 1 year of experience in inventory analysis, planning, allocation or buying.
• Technological proficiency, including the ability or aptitude to learn new technical applications; high proficiency in Microsoft Excel.
• Strong attention to detail and a solutions-oriented mindset, using both analytical and problem-solving skills.
• Self-motivated and able to work in an ever-changing environment with efficiency and accuracy.
• Demonstrate strong listening, written and oral communication skills.
• Able to present problem analysis and recommended solutions in a creative and logical manner to variety of different departments that motivates them to action.
• Capable of achieving business results through highly collaborative and cross-functional team-work.

Responsibilities

• Generate Purchase Orders with guidance from the Merchandise Planner.
• Use financial and quantitative information to optimize inventory receipt flow to adhere with warehouse receiving constraints.
• Partner with vendors to optimize shipping parameters based on business needs.
• Maintain forecasts and ordering constraints for all vendors and items.
• Track and manage open Purchase Orders and regularly follow up with Vendors on shipping status.
• Report on late shipments and work with Sourcing and Buying to resolve any ongoing issues.
• Work with Planner to monitor sales and inventory levels and adjust purchase orders accordingly to drive sales and profitability.
• Create and generate reports, analysis and scenarios to drive inventory strategy decisions, understand trends and facilitate planning team deliverables.
• Generate and analyze weekly, monthly, quarterly, and seasonal sales reporting.
• Analyze historical and current trends to identify risks and opportunities; partner with Manager to develop action plan to achieve department goals.
• Assist Merchandise Planner with executing markdown and promotional strategies and store replenishment.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level