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Inventory Analyst

Function: Merchandising/Buying
Location: Staples Corporate Center, Framingham, MA US
Date posted: 1/24/2018 4:59:24 PM
Type: Full-time
Permanent / Contract: Regular
Job number: 1038293
Description

Position Summary:

 

As an Inventory Analyst, your primary responsibility is to manage foundational in-stock, ads/promotions, product transition, supply chain and vendor relations.

 

Primary Responsibilities:

 

Manage Foundational In-stock

  • Utilize forecasting/planning/allocation tools to order product and ensure smooth flow to stores, warehouses and fulfillment centers
  • Improve forecasting using exception management tools and reporting
  • Track, expedite and maintain open purchase orders
  • Communicate vendor and product issues, accurately and timely, with the Merchandising team, Supply Chain, and other impacted groups
  • Minimize overstocks while maximizing sales and service levels
  • Team with Product Manager and Planner to help maximize sales, service levels, inventory and turn and meet objectives

Ads/Promotions

  • Maintain high levels of in-stock on weekly ads and seasonal promotions
  • Execute timely placement of orders. Track and expedite to meet set-up timelines and service level goals
  • Use allocation tool to properly identify appropriate historical information and quantities by location to ensure appropriate sell through and turn
  • Utilize system plans in support of in season demand
  • Monitor event sales and take action to optimize sales and turn and reduce overstocks
  • Work with Product Manager and Planner to proactively address Ad and Promo residuals

Product Transition Management

  • Work with the Merchandising team to successfully plan and execute a variety of product transitions including Planogram, New Catalog mailings, Seasonal buys, etc.
  • Execute timely placement of orders
  • Track and expedite to meet set-up timelines and achieve service level goals
  • Minimize obsolescence and maximize turn through timely forecast updates
  • Work with Product Manager and Planner to establish sell down plans
  • Communicate and escalate issues to minimize impacts to Customer service

Supply Chain/Vendor Relations

  • Partner with Merchandising and Supply Chain to assist in minimizing key supplier lead times to warehouses and fulfillment centers with improved reliability
  • Develop and maintain positive and effective relations with vendors to facilitate timely and accurate processing of orders and delivered product

  • Monitor Vendor performance using Staples Partners and AS400 Metrics reports
  • Work with vendors and Supply Chain to improve vendor reliability in meeting on time standards
  • Alert Merchandising team to vendor performance issues
  • Demonstrates understanding of total Supply Chain implications of Inventory Management decisions

Qualifications

Qualifications:

 

  • High School Diploma or equivalent
  • 1 year of related work experience in a retail setting

Preferred

  • Bachelor’s Degree
  • Intermediate knowledge of Microsoft Office and demonstrated capability managing replenishment system functionality, including completion of E3 Certification within 6 months of hire
  • Strong oral and written communication skills
  • Flexible attitude, Detail oriented with strong organizational and information gathering skills
  • Retail, .Com, or Catalog experience helpful

 

Staples is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, age, national origin, protected veteran status, disability, or any other basis protected by federal, state, or local law.


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