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Merchandise Replenishment Analyst- Remote
Company | Harbor Freight Tools |
Address | Calabasas, CA, United States |
Employment type | FULL_TIME |
Salary | |
Category | Retail |
Expires | 2023-07-02 |
Posted at | 10 months ago |
The Merchandise Replenishment Analyst will manage retail inventory flow by channel and monitor the performance of assigned product categories to ensure inventory levels, product mix, and quantities are appropriate to maximize store productivity and achieve the overall company’s financial objectives.
The Analyst is responsible for developing and implementing allocation and replenishment strategies for designated channels and assigned merchandise categories. He/She will conduct quantitative analysis to make independent decisions in accordance with the company’s financial plans, store attributes, and inventory turn objectives. The position will manage replenishment to stores by executing standard replenishment processes for all SKU’s.
The Merchandise Replenishment Analyst will be accountable for ensuring that stores are at optimal inventory levels and that presentation requirements are met.
The Merchandise Replenishment Analyst will work to improve store in-stock by reviewing store demand to optimize store orders that contribute to overall in-stock levels with an appropriate balance of inventory that is both acceptable to our customer's experience while assisting in maximizing inventory profitability.
This position will also maintain an open line of collaboration and communication with the cross-functional teams and stores alike regarding inventory needs and strategies to drive sales and overall support of smooth departmental processes.
Essential Duties and Responsibilities:
- Collaborate with department members to provide insight to help maintain the appropriate DC Safety Stock level for all items
- Monitor and manage store forecasts to eliminate forecast error
- Review forecasts, sales trends and advertising strategies to manage flow to achieve appropriate store inventory position
- Provide allocation strategies to cross functional department to assist in all new items or special allocation needs as requested.
- Analyze and make recommendations on improved ship units and pack sizes
- Identify optimal safety stock levels for all item-store combinations
- Additional duties as assigned by manager
- Work collaboratively with stores to improve forecasts and inventory positions considering each store’s unique situation and constraints
- Responsible for the daily analysis and execution of the allocation process for all business channels
- Develop scorecards, dashboards, and exception reports to pinpoint opportunities for improvement in the allocation of product
- Determine strategy and execute on key In Store Events and special flows
Job Qualifications – Education and Experience
Preferred
- 2 -3 years Inventory, Purchasing, or retail management experience preferred
- Bachelor’s Degree preferred
Job Qualifications- Skills
Required
- Excellent oral and written communication skills
- Strong understanding of retail inventory management and forecasting
- Teamwork and Leadership skills
- Manage and prioritize workload to meet deadlines
- Strong analytical skills
- Proven track record as a decision maker
- Proficient in Microsoft Applications
Physical Requirements
General office environment requiring the ability to:
- Use the keyboard and read from the computer screen and reports
- Stand, walk, sit for extended periods of time
- Speak and listen to others in person and over the phone
- Lift up to 15 lbs.
The anticipated salary range for this position is $57,200 – $85,800 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.
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