Inventory Analyst
The Inventory Analyst makes an immediate and daily impact on the Cross Functional Team and lives the values of the Talbots organization.
They will contribute to the success of omni-channel inventory management activities by ensuring the flow of inventory to stores/direct/outlet is aligned with global strategies to maximize the company's sales, inventory, and margin goals.
They will collaborate on strategies with their Inventory Manager, Merchandising, and Planning partners.
What We Offer:
o Growth! Here at Talbots our goal is to give you the tools to grow beyond this position and into the next.
o Condensed Work Week! If we have no work obligations, our Life-Work balance approach allows for us to start our weekend at 1pm on Fridays.
o Complete Benefit Package! Our benefits kick off the first day of the month after your start date! Discover more about our full benefits package here.
We have competitive time off, including paid time to volunteer within the community.
o Merchandise Discounts! 50% off Talbots and our Haven Well Within brand as well as local business discounts (where applicable)!What You'll Do:
o Accountable for executing inventory management strategies in partnership with the Inventory Manager, Merchant, and Planner to maximizes channel performance by achieving sales and margin goals.
Drive Business Growth Strategies.
o Able to independently evaluate business trends to draw and present actionable conclusions to cross functional team and management.
o Knowledgeable of merchandise performance across all levels of the store and product hierarchy to identify issues and opportunities, while using creative problem-solving skills to drive profitable solutions.
o Manage the flow of inventory while considering markdown and liquidation strategies, whilepartnering with cross functional team to maximize profitability.
o Collaborate as the store subject matter expert on cross functional projects to help drive overall profitability and efficiency.
o Analyze omni-channel selling by size and recommend optimum size and pack purchasestrategies based on store/item/classification and key item level need.
o Establish volume groups and store clusters that support merchandising and financial objectives.
o Drive breadth and depth targets for each volume group in the assortment to align keygoals/metrics:
unit sales, inventory, receipts, turn and margin expectations.
o Collaborate with Merchandise Planning and Merchandising partners throughout the line build process to ensure the assortment plan meets financial objectives and are achievable based on store selling analysis.
o Visit stores on a regular basis to understand customer and store needs and apply learning's to forward looking strategies.
o Collaborate with Expertise and Influence the Cross Functional Teamo Partner with the Planning and Merchandising team pre-season to develop hindsight's that will help develop next season's product strategieso Communicate and make recommendations to the Inventory Manager and the Cross Functional Team regarding store needs and distribution concerns such as flow, breaks, sizing, and new store issues.
o Identify, create and recommend best practice processes; including reports, tools, process, etc.
that may be missing/required to maximizing current and future performance.
o Partner with the Planning Team to maximize omni profitability through preseason store cluster analysis, initial allocation, DC management and in-season management.
o Understand the impact discussions/strategies/decisions have on your individual business.
Use this information to formulate and present conclusions/strategies as the voice of inventory management to cross functional team leadership.
o Support Smart Risk Taking and Innovationo Recommend new allocation strategies at the classification and/or key item level keeping acustomer centric inventory strategy.
o Independently identify and recommend business driving opportunities to your Managerthrough analytics and risk management.
o As the Inventory Management system expert, propose opportunities for process changes, new tools, reports, and projects that will help to streamline tasks to elevate/evolve the Inventory Management Team.
Who You Are:
o Bachelor's degree requiredo Prefer experience in stores, allocation or planningo Ability to think objectively and interpret meaningful themes from quantitative and qualitative datao Ability to use logic to solve problemso Strong sense of work ethic and responsibilityo Able to present ideas and direction clearly to otherso Able to build strong relationships with a diverse group of business partnerso Demonstrates strong listening, written and oral communication skillso Able to work independently, self prioritize and multi tasko Proficiency in Microsoft Excel requiredo Aptitude to learn technical applications quicklyo JDA Allocation preferredo Experience with or a strong ability to learn reporting/data warehousing tools preferredo Strong organization and time management skillso Possess a strong sense of urgency and a high level of attention to detailo Must be organized, disciplined, and able to work under pressure while being flexible and able to adapt.
#J-18808-Ljbffr Recommended Skills Adaptability Attention To Detail Build Process Cluster Analysis Communication Creative Problem Solving Estimated Salary: $20 to $28 per hour based on qualifications.
They will contribute to the success of omni-channel inventory management activities by ensuring the flow of inventory to stores/direct/outlet is aligned with global strategies to maximize the company's sales, inventory, and margin goals.
They will collaborate on strategies with their Inventory Manager, Merchandising, and Planning partners.
What We Offer:
o Growth! Here at Talbots our goal is to give you the tools to grow beyond this position and into the next.
o Condensed Work Week! If we have no work obligations, our Life-Work balance approach allows for us to start our weekend at 1pm on Fridays.
o Complete Benefit Package! Our benefits kick off the first day of the month after your start date! Discover more about our full benefits package here.
We have competitive time off, including paid time to volunteer within the community.
o Merchandise Discounts! 50% off Talbots and our Haven Well Within brand as well as local business discounts (where applicable)!What You'll Do:
o Accountable for executing inventory management strategies in partnership with the Inventory Manager, Merchant, and Planner to maximizes channel performance by achieving sales and margin goals.
Drive Business Growth Strategies.
o Able to independently evaluate business trends to draw and present actionable conclusions to cross functional team and management.
o Knowledgeable of merchandise performance across all levels of the store and product hierarchy to identify issues and opportunities, while using creative problem-solving skills to drive profitable solutions.
o Manage the flow of inventory while considering markdown and liquidation strategies, whilepartnering with cross functional team to maximize profitability.
o Collaborate as the store subject matter expert on cross functional projects to help drive overall profitability and efficiency.
o Analyze omni-channel selling by size and recommend optimum size and pack purchasestrategies based on store/item/classification and key item level need.
o Establish volume groups and store clusters that support merchandising and financial objectives.
o Drive breadth and depth targets for each volume group in the assortment to align keygoals/metrics:
unit sales, inventory, receipts, turn and margin expectations.
o Collaborate with Merchandise Planning and Merchandising partners throughout the line build process to ensure the assortment plan meets financial objectives and are achievable based on store selling analysis.
o Visit stores on a regular basis to understand customer and store needs and apply learning's to forward looking strategies.
o Collaborate with Expertise and Influence the Cross Functional Teamo Partner with the Planning and Merchandising team pre-season to develop hindsight's that will help develop next season's product strategieso Communicate and make recommendations to the Inventory Manager and the Cross Functional Team regarding store needs and distribution concerns such as flow, breaks, sizing, and new store issues.
o Identify, create and recommend best practice processes; including reports, tools, process, etc.
that may be missing/required to maximizing current and future performance.
o Partner with the Planning Team to maximize omni profitability through preseason store cluster analysis, initial allocation, DC management and in-season management.
o Understand the impact discussions/strategies/decisions have on your individual business.
Use this information to formulate and present conclusions/strategies as the voice of inventory management to cross functional team leadership.
o Support Smart Risk Taking and Innovationo Recommend new allocation strategies at the classification and/or key item level keeping acustomer centric inventory strategy.
o Independently identify and recommend business driving opportunities to your Managerthrough analytics and risk management.
o As the Inventory Management system expert, propose opportunities for process changes, new tools, reports, and projects that will help to streamline tasks to elevate/evolve the Inventory Management Team.
Who You Are:
o Bachelor's degree requiredo Prefer experience in stores, allocation or planningo Ability to think objectively and interpret meaningful themes from quantitative and qualitative datao Ability to use logic to solve problemso Strong sense of work ethic and responsibilityo Able to present ideas and direction clearly to otherso Able to build strong relationships with a diverse group of business partnerso Demonstrates strong listening, written and oral communication skillso Able to work independently, self prioritize and multi tasko Proficiency in Microsoft Excel requiredo Aptitude to learn technical applications quicklyo JDA Allocation preferredo Experience with or a strong ability to learn reporting/data warehousing tools preferredo Strong organization and time management skillso Possess a strong sense of urgency and a high level of attention to detailo Must be organized, disciplined, and able to work under pressure while being flexible and able to adapt.
#J-18808-Ljbffr Recommended Skills Adaptability Attention To Detail Build Process Cluster Analysis Communication Creative Problem Solving Estimated Salary: $20 to $28 per hour based on qualifications.
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