Inventory Planning/Forecast Analyst | Key Accounts
Bentonville, AR
Full Time
Retail Sales
Experienced
Chervon is one of the world’s largest power tool and lawn and garden equipment manufacturers with a rich history of innovation. Chervon’s commitment to build a better world by building better tools is evident in the products we manufacture and our green approach to manufacturing. We focus on hand-held portable power tools, stationary bench tools, laser and electronic equipment and outdoor power equipment. With world-class R&D, manufacturing, design, marketing, sales, and service teams throughout the world, we do it all.
Job Summary
The Inventory Planning/Forecast Analyst is responsible for developing and implementing strategies that maximize sales and inventory productivity and maintains the appropriate in-stock positions and manages inventory in the most effective manner across all stores, distribution centers and SKUs for our larger retail key accounts. The Inventory Planning/Forecast Analyst will work cross-functionally with internal teams to accomplish team goals and to improve inventory productivity. The Analyst creates accurate forecasts to support established financial goals; develops the inventory and replenishment strategies; manages parameters for each assigned product line to execute the replenishment strategies; and achieves target in-stock levels and planned inventory turns.
Duties & ResponsibilitiesJob Summary
The Inventory Planning/Forecast Analyst is responsible for developing and implementing strategies that maximize sales and inventory productivity and maintains the appropriate in-stock positions and manages inventory in the most effective manner across all stores, distribution centers and SKUs for our larger retail key accounts. The Inventory Planning/Forecast Analyst will work cross-functionally with internal teams to accomplish team goals and to improve inventory productivity. The Analyst creates accurate forecasts to support established financial goals; develops the inventory and replenishment strategies; manages parameters for each assigned product line to execute the replenishment strategies; and achieves target in-stock levels and planned inventory turns.
Inventory Planning & Forecasting
- Provide forecast and pro forma projections working with Key Account Managers;
- Provide accurate in-stock reporting on a weekly basis;
- Review suggested orders with factory and reconcile to forecasts;
- Inform and work closely with entire Operations team on current and future orders;
- Provide weekly sales/operations dashboard reporting including reviews and comments;
- Work collaboratively with the assigned retail accounts on forecasts and shipment flow planning.
- Own and represent the complete 52-week Sales/Inventory forecast and goals;
- Accountable for stores and regional distribution centers (RDCs) to manage complete supply chain;
- Work with factory/operations teams to ensure on-time shipping and most cost effective distribution method;
- Help to manage inventory in Chervons’ domestic warehouses to help support in-stock targets established by our retail partners.
- Leadership
- Detail-oriented
- Teamwork
- Strategic thinking
- Project planning
- Forecasting
- Business acumen
- Analytical
- Personal effectiveness/credibility
- Communication proficiency
- Presentation skills
- Retail knowledge
- Inventory management
- Logistics
- Knowledge of the tool and/or outdoor power equipment industries
Required Education and Experience
- 2-3+ years of experience in a retail inventory, planning and replenishment role;
- BS/BA degreed with supply chain management, inventory management, finance or a related field;
- Strong analytical and problem-solving skills;
- Ability to quickly retrieve, manipulate, analyze and interpret data;
- 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;
- Strong ability to multi-task and handle competing priorities at once;
- Self-starter as well as major contributor to his/her team;
- Extensive knowledge of Microsoft Excel;
- Strong understanding of inventory management principles and data analytics;
- Strong understanding of inventory management systems;
- Financial acumen skills;
- Understanding of supply chain and merchandising processes;
- Understanding of distribution, transportation, and supplier manufacturing principles;
- Proven work experience in a quantitatively/analytical-heavy role;
- Self-starter with excellent interpersonal communication and problem-solving skills.
This position does not have supervisory responsibility.
Travel
This position requires approximately 10% travel; some international.
Work Environment
Chervon North America operates in a casual and fun environment. We offer a very competitive benefits package including health, dental, vision, short/long-term disability, life insurance, 401(k) and a competitive time off program.
We think Chervon is a great place to work! Be part of our new future! Better Tools. Better World.
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