The Replenishment Specialist supports the Buying Team by determining order quantities for each platform in a timely and cost efficiently manner. This role will review sales trends and inventory needs, contributing to the Buying Teams ability to achieve sales, gross margin, and inventory turnover goals for assigned categories of merchandise. The Replenishment Specialist works closely with the buying and planning teams to help manage inventory productivity.
Duties And Responsibilities
Execute platform assortments through replenishment of product. Ensure product is available for POG and presentation compliance.
- Update replenishment parameters in SAP
- Ensure promotional products are replenished to stores based on sales performance (historical, current, and expected demand), presentation minimums, and on hand inventory levels.
- Achieve inventory goals by platform through efficient and timely distribution of product.
- Collaborates with the planner on location analysis for assigned categories of merchandise.
- Develop replenishment strategies through analysis of historical data, store needs, demographics, and forecasting seasonal trend curve to identify business opportunities and risks.
- Works with the planner to develop by-platform, by-department inventory targets that support overall in-stock strategy.
- Utilize Key Item Ladder Plans and Promotional Strategies to effectively distribute product
- Main point of contact for field inventory concerns.
- Works collaboratively with all internal support departs to ensure merchandise efforts are well communicated.
Position Qualifications
- Bachelors Degree required
- 1-3 years of experience in a similar position or with similar responsibilities preferred
- Strong math aptitude and analytical skills (ability to perform analysis, draw conclusions and make recommendations)
- Strong computer skills to include advanced abilities in Microsoft Excel (including pivot tables, v- lookups, sum-ifs, mathematical and text functions, report building, filtering, sorting, and data organization)
- Strong interpersonal, verbal, and written communication skills
- Ability to work effectively in a highly team orientated environment
- Ability to manage multiple tasks, organize and prioritize workload, and complete work with a sense of urgency, accuracy, and follow-up
- Adapts easily and positively to change and demonstrates flexibility
- Demonstrates a strong career commitment and initiative to advance to the next level
- Ability to travel to stores when required
Seniority level
- Seniority level Entry level
Employment type
- Employment type Full-time
Job function
- Job function Purchasing
- Industries Retail and Airlines and Aviation
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