Inventory Planning Analyst - HD Supply : Job Details

Position Summary:

We are seeking a proactive and resourceful Inventory Planning Analyst to manage inventory strategies and ensure optimal inventory levels across our distribution network. This role requires technical aptitude, a collaborative mindset, and the ability to engage in complex problem-solving while working cross-functionally with internal teams and external partners. The successful candidate will thrive in a dynamic supply chain environment and take ownership of their responsibilities.

Key Responsibilities:

Inventory Management:

• Utilize SAP, Excel, and other forecasting tools to manage inventory levels, ensuring high fill rates and minimal inventory days on hand (DOH).
• Develop and execute replenishment strategies, SKU transitions, and parameter settings to maintain network balance.
• Monitor and analyze exception reports to address stockouts, excess inventory, and backorder risks proactively.

Strategic Planning:

• Design and implement inventory strategies for new product introductions, SKU discontinuations, customer-specific needs, and seasonal requirements.
• Collaborate with demand planning teams to align controls such as EOQ, min/max levels, safety stock, and velocity rankings with business objectives.

Cross-Functional Collaboration:

• Partner with Sales, Merchandising, Marketing, and Finance teams to incorporate regulatory changes, promotions, and customer requirements into the inventory planning process.
• Manage supplier relationships to address lead times, fill rate improvements, and damaged goods processes.

Problem Solving & Initiative:

• Independently identify root causes of inventory issues and implement corrective actions.
• Lead efforts to reduce aged, obsolete, and excess inventory through various strategies such as returns, liquidation, and donation.

Process Improvement:

• Create and maintain standard operating procedures (SOPs) for inventory processes.
• Take initiative in addressing challenges, setting up teams to solve issues, and driving improvements across the supply chain.

Qualifications:

• Bachelor's degree in Business, Supply Chain, or a related field; relevant work experience may substitute for education requirements.
• 2–5 years of experience in inventory management, supply chain, or a related field.
• Proficiency in SAP, Excel (handling large data sets with multiple tabs), and SQL (preferred).
• Strong analytical skills with the ability to resolve inconsistencies in complex data sets.
• Effective communication and relationship management skills for engaging with business partners and vendors.
• Demonstrated ability to work independently, take initiative, and lead cross-functional efforts.