Inventory Analyst - Hybrid
Belk
The Inventory Management Analyst is the store expert, responsible for optimizing inventory by store to create the most profitable assortment at the store level. They are responsible for initial allocations as well as re-flow orders and optimizing replenishment by store. Analysts work closely with Merchandising and Planning partners to identify and react to business needs to drive the profitability of the office. This position requires a passion for finding small wins at the location level and translating them into larger wins that drive the profitability and productivity of the entire company.
Essential Functions:
Support the process and communication of allocations for assigned FOB on a consistent and ongoing basisExecute all associated allocations for initial buy, delayed allocation and re-flow orders for stores and eCommerce.Analyze current sales trend, inventory levels and past selling history to develop distribution strategies, execute allocations and determine vendor entrance or exit to achieve optimal inventory levels by store.Analyze location sales and highlight inventory successes and opportunitiesCreate the guidelines for minimums and maximums of units on hand in each storeOptimize number & size distribution of case packs to maximize sales and marginPerform allocation effectiveness hind sighting to improve allocations & drive future profitability; shares findings and recommendations with Buying and Planning partnersTake on the challenge of optimizing allocations in complex and fast-paced areasDevelop and share new techniques for optimizing inventory at the store level.Develop SOPs and best practices with Allocation System (Blue Yonder, Formally JDA)Requires designated hybrid in-office work scheduleEducation:
Bachelor's degree and/or equivalent years of experience required Specific degree: Business, Finance, Accounting and or Retail preferred
Work Experience:
Knowledge, Skills & Abilities:
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