Replenishment Analyst

Rural King Supply • Mattoon, IL

1d • $44,000 - $50,000

About The Position

As a Replenishment Analyst you will be playing a crucial role in optimizing inventory levels and ensuring the availability of products across our retail channels. This position assists in analyzing sales data, forecasting demand, and implementing replenishment strategies to meet customer needs while minimizing costs. This is an excellent opportunity to develop skills in inventory management, data analysis, and supply chain operations within a dynamic retail environment.

Requirements

• At least 2 years of relevant experience and bachelor’s degree or equivalent combination of experience and education.
• Basic understanding of supply chain principles, including demand forecasting, inventory control, and replenishment strategies.
• Strong understanding of retail business practices.
• Excellent negotiation and conflict resolution skills.
• Demonstrated ability to adapt in a fast-paced environment.
• Strong analytical and problem-solving skills.
• Excellent organizational skills and attention to detail.
• Proficiency with Microsoft Office Suite or related software.
• Proficiency with or the ability to quickly learn Oracle ERP System.
• Comfortable navigating computer systems and software to assist customers or manage activities.
• Excellent verbal and written interpersonal and communication skills.
• Excellent customer service skills.
• Ability to maintain a seated or standing position for extended durations.
• Capability to lift 15 pounds periodically.
• Ability to navigate and access all facilities.
• Skill to effectively communicate verbally with others, both in-person and via electronic devices.
• Close vision for computer-related activities.

Responsibilities

• Support the monitoring and analysis of sales trends, inventory levels, and customer demand to identify patterns and assist in accurate demand forecasting.
• Assist in developing and implementing replenishment strategies to optimize inventory levels, minimize stockouts, and maximize sales.
• Collaborate with cross-functional teams, including merchandising, procurement, and supply chain, to ensure timely product replenishment and maintain appropriate stock levels.
• Assist in reviewing and adjusting inventory parameters, such as reorder points, lead times, and safety stock levels, based on demand forecasts and historical data.
• Contribute to regular inventory audits to identify discrepancies, analyze root causes, and support the implementation of corrective actions to improve accuracy and minimize shrinkage.
• Assist in maintaining effective communication channels with vendors and suppliers, monitoring their performance, and assisting in resolving any product availability or quality issues.
• Contribute to generating reports and providing insights on key performance metrics, including sales, inventory turnover, and forecast accuracy.
• Support ongoing evaluation and improvement of replenishment processes and systems to enhance efficiency and reduce costs.
• Stay updated on industry trends, market conditions, and emerging technologies to identify opportunities for process improvement and innovation.
• Assist in training and knowledge sharing with junior team members, fostering a culture of continuous learning within the team.
• Use discretion and independent judgment in daily decisions while maintaining a high level of confidentiality and professionalism.
• Actively participate in learning initiatives offered such as training programs, workshops, and webinars. Leverage these opportunities to acquire new knowledge, refine existing skills, and stay current on the latest developments.
• Provide friendly, proactive, and professional internal and external support to others, assisting with inquiries, concerns, and issues promptly and effectively.
• Demonstrate behaviors that exemplify Rural King’s Values: People First, Integrity, Attitude, Initiative, Teamwork, Accountability, and Continuous Improvement.
• Perform other duties as assigned.

Benefits

• 401(k) plan that provides a 100% match on the first 3% of your contributions and 50% of the next 2%
• Healthcare plans to support your needs
• Virtual doctor visits
• Access to Centers of Excellence with Barnes Jewish Hospital and Mayo Clinic’s Complex Care Program
• 15% Associate Discount
• Dave Ramsey’s SmartDollar Program
• Associate Assistance Program
• RK Cares Associate Hardship Program
• 24/7 Chaplaincy Services

What This Job Offers

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