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Senior Analyst, Inventory Planning

Company: The Home Depot
Location: Smyrna
Posted on: June 22, 2022

Job Description:

The Senior Analyst, Inventory Planning works within Supply Chain/Merchandising, and is responsible for partnering with merchants to develop and implement inventory strategies that maximize sales and inventory productivity for a merchandising category. To maximize sales and inventory productivity, it is critical that the Senior Analyst, Inventory Planning maintain the appropriate in-stock positions and manage inventory in the most effective manner across both stores and SKUs. This Senior Analyst will work closely with merchants, vendors, stores, transportation, distribution, and sourcing to accomplish goals.
The Senior Analyst, Inventory Planning is responsible for creating accurate SKU forecasts, developing the inventory and replenishment strategy, managing parameters for each category to execute the replenishment strategy, achieving target in-stock levels and planned inventory turns, and developing recommendations to improve inventory productivity.
The Senior Analyst, Inventory Planning also works with our stores and field leadership to execute their category strategies. In addition, this individual participates on strategic process improvement initiatives to improve the overall effectiveness of the tools and processes utilized by the broader Supply Chain Organization.
A typical Sr. Analyst:

  • Manages 25 vendors
  • Manages $200m+ of inventory
  • Supports $800m of annual sales
    • 30% In partnership with the Merchant, create strategies and tactics that deliver financial objectives: Sales, Margin, Turns; Product transitions, flow and exit strategies; Seasonal category and SKU strategies to both enter and exit season; Pricing and promotional activity
    • 10% Achieve in-stock and turn targets
    • 10% Coordinate needs across supply chain partners
    • 10% Manage category to open-to-buy targets
    • 10% Provide analysis to improve category performance
    • 10% Build and maintain relationships with merchants, suppliers, stores, and supply chain partners
    • 10% Train new associates
    • 10% Contribute to cross functional project teams
      Must be eighteen years of age or older.Must be legally permitted to work in the United States.
      Education Required: The knowledge, skills and abilities typically acquired through the completion of a high school diplomas and/or GED.
      Years of Relevant Work Experience: 3 years
      Preferred Qualifications:
      - Bachelor's Degree preferred- Candidate must have demonstrated strong analytical and problem solving skills. Ability to quickly retrieve, manipulate, analyze, and interpret data.- Strong quantitative skills through knowledge of statistics and quantitative data analysis and interpretation
      Knowledge, Skills, Abilities and Competencies:
      - Extensive knowledge of Microsoft Excel- Ability to translate analysis to audience and communicate recommendations.- Critical thinking skills to identify the strengths and weaknesses of alternative solutions; ability to understand and foresee implications of new information for current and future problem solving.- Good written and verbal communication skills. Ability to persuade or influence others.- Strong ability to multitask and handle competing priorities at once.- Strong self-starter with ability to work with little supervision and ability to work with a team.

Keywords: The Home Depot, Smyrna , Senior Analyst, Inventory Planning, Professions , Smyrna, Georgia

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