Sr. Inventory Analyst

VisionworksSan Antonio, TX
$62,672 - $83,562Onsite

About The Position

Drive strategy and delivery of allocation and inventory plans to maximize sales, profit, and GMROI. Optimize inventory investment to achieve service level goals.

Requirements

  • Bachelor’s degree in Business or related field, or equivalent experience
  • 4+ years of progressively responsible experience in a material management role within a manufacturing environment
  • Proven analytical and problem-solving skills
  • Excellent verbal and written communication skills
  • Ability to regularly exercise discretion and independent judgment in performance of job duties

Nice To Haves

  • Demonstrated ophthalmic industry acumen and current knowledge of products, market trends and conditions desired
  • In-depth knowledge of forecasting/inventory tools and processes desired
  • Ability to work in a cross-functional environment and contribute to business process optimization

Responsibilities

  • Develop strategies and actionable plans to optimize inventory management in multiple locations, ensuring inventory costs and service levels are balanced to meet goals set by Merchandising leadership.
  • Forecast supply and demand of VSP network brand locations; aligns demand with resources to optimize supply chain, resulting in reduced costs and high customer satisfaction.
  • Lead and oversee inventory management functions at multiple locations ensuring proper inventory and service levels are maintained.
  • Provide support to management teams and provide leadership to staff through direction, example, and coaching, to accomplish business goals.
  • Maintain effective communications within the business unit, throughout the supply chain, and externally where appropriate.
  • Partner with multiple stakeholders including Merchants, Distribution Center/Central Labs, and Operations partners to shape and strengthen inventory functions within the supply chain and to deliver sales plan and service level agreements.
  • Manage store/SKU forecasting with input from Merchandising Planning, Merchants and Store Ops to drive sales and optimize inventory.
  • Develop and execute allocation strategies that align forecasted demand, inventory targets, and financial objectives across the store network.
  • Ensure accuracy of systemically transferred data through various planning systems to support demand.
  • Pattern key markets in partnership with Operations, Merchandise Planning and Merchants to understand consumer & store needs.
  • Execute inventory recalls for strategic store capacity changes and/or end of life lifecycle management.
  • Ensure store/practice inventory levels are aligned to model assortment/targeted inventory levels.
  • Maintain inventory reporting to support key KPIs while supporting sales and maximizing productivity of working capital.
  • Support the roll out of merchandise system(s) to ensure a smooth transition, specifically related to replenishment.
  • Provide SKU level analytics and insights in partnership with Merchandising Planning and Merchants to drive sales and optimize inventory.
  • Make independent planning recommendations and escalate risks or tradeoffs related to demand, inventory, or service level performance as needed.
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