Sr. Inventory Analyst (Fashion)
About the position
The Senior Inventory Analyst is responsible for getting the right product to the right club, in the right quantity, at the right time. This is accomplished by managing inventory flow across our Club, Distribution and Ecommerce networks to minimize expense. This position works within a Merchandise Category team including Merchant, Merchant Assistant, and Planner and leverages expertise and guidance from the Planning & Allocation Manager and/or Lead.
Responsibilities
• Creates purchase orders, allocates inventory, and executes club transfers to maximize sales and inventory investment.
• Assists with the pre-season planning process, as necessary.
• Review daily Club inventory levels and sales forecasts within assigned Merchandise Categories to ensure Clubs are allocated the right amount of inventory to maintain targeted instock goals to enhance the Member experience.
• Monitor vendor performance to ensure that purchase orders are fulfilled completely and delivered on time.
• Handles complex issues and problems with minimal supervision.
• Possesses comprehensive knowledge of allocation.
• Provides leadership, coaching, and/or mentoring to others.
• Demonstrates proficiency in SAP, BY Demand and Fulfill, BY Luminate (specifically maintaining demand, forecasting and replenishment system parameters) to efficiently allocate inventory and to achieve KPI target goals.
• Monitor KPI performance of Club in stock, Sales Plan, Inventory Turn improvement, Monthly Inventory Plans and Margin plan to ensure assigned Merchandise Categories are at target.
• Escalate to merchant team and leadership, if needed when vendor performance issues are impacting KPI performance.
• Recommend inventory strategy efficiency improvements for the DC network and clubs.
Requirements
• Bachelor's degree required
• 4+ years of relevant inventory management experience
• Results driven and able to work in a fast paced environment
• Expert command of retail math concepts, applications and analysis
• Proficient Excel skills; must be proficient on formulas, V-lookups, and Pivot Tables
• Detail oriented, with excellent follow-through and problem solving skills
• Able to organize and prioritize workload to meet deadlines
• Strong analytical, verbal and written communication skills
• Flexible and adaptive to changing priorities
Benefits
• Weekly Pay: Get paid every week so that you can manage your money on your terms.
• Free BJ's Memberships: Enjoy a complimentary The Club Card Membership, plus a free Supplemental Membership for someone in your household.
• Generous Paid Time Off: Take the time you need with vacation, personal, sick days, holidays, bereavement, and jury duty leave.
• Flexible and Affordable Health Benefits: Choose from three medical plans, and access optional dental, vision, Health Savings Account (HSA), and flexible spending account options to fit your lifestyle.
• 401(k) Retirement Savings Plan: Build your financial future with a company match (available to team members 18 and older).
• Employee Stock Purchase Plan: Accumulate funds through after-tax payroll deductions that can be used to purchase shares of BJ's common stock at a 15% discount.
Apply tot his job
Apply To this Job
The Senior Inventory Analyst is responsible for getting the right product to the right club, in the right quantity, at the right time. This is accomplished by managing inventory flow across our Club, Distribution and Ecommerce networks to minimize expense. This position works within a Merchandise Category team including Merchant, Merchant Assistant, and Planner and leverages expertise and guidance from the Planning & Allocation Manager and/or Lead.
Responsibilities
• Creates purchase orders, allocates inventory, and executes club transfers to maximize sales and inventory investment.
• Assists with the pre-season planning process, as necessary.
• Review daily Club inventory levels and sales forecasts within assigned Merchandise Categories to ensure Clubs are allocated the right amount of inventory to maintain targeted instock goals to enhance the Member experience.
• Monitor vendor performance to ensure that purchase orders are fulfilled completely and delivered on time.
• Handles complex issues and problems with minimal supervision.
• Possesses comprehensive knowledge of allocation.
• Provides leadership, coaching, and/or mentoring to others.
• Demonstrates proficiency in SAP, BY Demand and Fulfill, BY Luminate (specifically maintaining demand, forecasting and replenishment system parameters) to efficiently allocate inventory and to achieve KPI target goals.
• Monitor KPI performance of Club in stock, Sales Plan, Inventory Turn improvement, Monthly Inventory Plans and Margin plan to ensure assigned Merchandise Categories are at target.
• Escalate to merchant team and leadership, if needed when vendor performance issues are impacting KPI performance.
• Recommend inventory strategy efficiency improvements for the DC network and clubs.
Requirements
• Bachelor's degree required
• 4+ years of relevant inventory management experience
• Results driven and able to work in a fast paced environment
• Expert command of retail math concepts, applications and analysis
• Proficient Excel skills; must be proficient on formulas, V-lookups, and Pivot Tables
• Detail oriented, with excellent follow-through and problem solving skills
• Able to organize and prioritize workload to meet deadlines
• Strong analytical, verbal and written communication skills
• Flexible and adaptive to changing priorities
Benefits
• Weekly Pay: Get paid every week so that you can manage your money on your terms.
• Free BJ's Memberships: Enjoy a complimentary The Club Card Membership, plus a free Supplemental Membership for someone in your household.
• Generous Paid Time Off: Take the time you need with vacation, personal, sick days, holidays, bereavement, and jury duty leave.
• Flexible and Affordable Health Benefits: Choose from three medical plans, and access optional dental, vision, Health Savings Account (HSA), and flexible spending account options to fit your lifestyle.
• 401(k) Retirement Savings Plan: Build your financial future with a company match (available to team members 18 and older).
• Employee Stock Purchase Plan: Accumulate funds through after-tax payroll deductions that can be used to purchase shares of BJ's common stock at a 15% discount.
Apply tot his job
Apply To this Job