Retail Inventory Analyst

Johnnie-O ClothingRaleigh, NC
1dOnsite

About The Position

Johnnie-O is looking for a Retail Inventory Analyst who will be responsible for monitoring inventory levels as well as coordinating account management of all retail stores to meet business objectives for rapidly growing brick & mortar presence. Additional responsibilities include replenishment of all doors, monitoring store silo / category sales, identifying trends, and monitoring the scope and timing of seasonal changes.

Requirements

  • Highly analytical and acute attention to detail; must be able to understand large amounts of datasets and information.
  • Excellent communication and follow up skills to gather information, interpret data, and present results and findings.
  • Strong critical-thinking skills.
  • Ability to multitask, prioritize, and execute daily.
  • Strong sense of urgency.
  • Resourceful.
  • An active participant on the team, offering suggestions for achieving team goals.
  • Takes initiative to get things done and a strong drive to improve current processes.
  • Bachelor’s Degree in related field (Business and/or Finance preferred).
  • 1-3+ years of working in a retail environment.

Nice To Haves

  • Apparel knowledge & brand experience strongly preferred.

Responsibilities

  • Pro-actively manage replenishment forecast / needs based on current and historical inventory and sales performance – developed at category level and implemented down to SKU level specifics.
  • Identify weekly, monthly, and seasonal sales trends and formulate action plans to effectively manage stock to sales.
  • Highlight risks / areas of opportunity: Top Sellers, Bottom Sellers, Sell-Through, etc. - identifying key opportunities and providing appropriate recommendations to merchandising team.
  • Review KPIs on a regular basis to maximize inventory productivity and sell through – sales, inventory turnover, & on hand inventory levels by location to determine replenishment needs.
  • Regularly communicate any inventory concerns with Retail cross functional partners.
  • Maintains consistent stream of communication with store managers regarding overall feedback.
  • Maintains integrity of inventory database such as min max stock levels, category sales curves, store sales curves, etc.
  • Manage shipments and deliveries - execute timely processing and follow up of orders to ensure targeted in stock levels and communicate any issues to the distribution center team.
  • Stock balance based on slow mover identification and potential stock outs in other locations (i.e. returns from store to DC or store-to-store inventory balance).
  • Ensure on-time delivery and assist with allocation of new season product and monthly deliveries.
  • Coordination and tracking of new season prebooks and seasonal floor flips.
  • Drive financial results that maximize sales, inventory, turn, and profitability at the style/color/size level up to the channel level.
  • Manage Size Selling analysis to maximize product allocation by location.
  • Retail seasonal inventory management – communicate with cross-functional teams to determine order start dates, delivery timing, and adjust for any shortages
  • Update and maintain a size curve for new seasons to ensure quantities are reflective of retail needs

Benefits

  • Full-Time/Salaried position plus discretionary bonus opportunities, paid time off, and paid holidays
  • Health/Dental/Vision/FSA/Life/Short-Term Disability Insurance benefits
  • Employee discounts
  • Casual dress policy, potential career growth, and a family-oriented working environment.
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