Inventory Analyst - Remote

The Inventory Analyst is responsible for ensuring that appropriate inventory levels are sustained in multiple distribution centers to support the advertising and sales demand. This position requires interaction with multiple departments to determine strategies in managing the supply chain.

Essential Duties and Responsibilities:

• Publish reports to meet the business needs of the Purchasing Dept
• Ensures products strategies and transitions are executed according to Category Management plan
• Manages and revises purchase orders subject to cost changes, quantity changes, ship week updates, etc.
• Manage inventory levels to appropriate weeks of supply in the distribution centers; Maintain skus to inventory levels as outlined by individual goals
• Partner with key departments to identify and resolve supply chain issues, item cost maintenance, purchase order cancelations, delivery date revisions and invoice discrepancies.
• Execute various analytic strategies, analyze reports to determine plan of action to prevent out of stocks and excess weeks of supply.
• Reviews forecasts, sales trends and advertising strategies to purchase and maintain appropriate target inventory levels.
• Participates in meetings and establishes rapport with cross functional departments to stay updated on vendor related issues
• Proactively interacts with key departments to refine process to create “best” business practices.
• Works with management staff to suggest new methods and develop tools for improved work flow process.
• Responsible for the daily analysis and execution of the procurement process for all business channels.
• Reviews and APPROVES purchase orders issued by coordinator.
• Procure inventory for all business channels. Submits reports to Purchasing coordinator to input Purchase orders and update information into systems.

Scope:

• Flex Designation – Remote- Anywhere
• Staff supervision and development - No
• Decision making – Minimal; Provides data for decision support
• Location— Remote- Anywhere
• Travel – less than 5%

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Education and/or Experience:

• Ability to effectively prioritize and execute tasks in a high-pressure environment.
• Excellent written and oral communication skills.
• Keen attention to detail.
• BS/BA and 2+ years Inventory, Purchasing or Retail experience preferred
• Strong analytical and problem-solving abilities.
• Excellent interpersonal skills.
• Proficient in Microsoft Applications. Excel, Work, Outlook
• Flexible and adaptable in regards to learning and understanding new technologies.

Physical Requirements
General office environment requiring ability to:

• Use keyboard and read from computer screen and reports
• Speak and listen to others in person, over the phone, and video calls
• Stand, walk, sit for extended periods of time
• Lift up to 15 lbs.

The anticipated salary range for this position is $52,500 – $78,700 depending on location, knowledge, skills, education and experience. This position is also eligible for an annual discretionary bonus. In addition, we offer comprehensive and competitive benefits to Associates (and their families) such as medical, dental, vision, life insurance, short-term and long-term disability. Eligible Associates are able to enroll in our company’s 401k plan. Associates will accrue paid time off up to 236 hours per year (inclusive of PTO, floating holidays, and paid holidays). Paid sick time up to 80 hours per year unless otherwise required by law.

We’re a family-owned business with over 45 years as a national tool retailer, and with the energy, enthusiasm, and growth potential of a start-up. We are a $6.75+ billion company with over 1,350 stores in 48 states, 25,000+ Associates, and one of the fastest-growing retailers in the country.