Replenishment Analyst

The Home Depot; Old Toronto; Hybrid; CAD 50,000 - 80,000; Full time

Job summary

Join a forward-thinking company as a Replenishment Analyst, where you will play a crucial role in executing the replenishment strategy. This exciting position involves collaborating with various departments to ensure inventory levels meet customer demands while achieving in-stock and service level targets. You will utilize analytical skills to provide key reporting and recommendations, enhancing the overall efficiency of operations. With a hybrid work schedule, you will have the flexibility to contribute to a dynamic team focused on delivering exceptional service. If you thrive in a collaborative environment and are passionate about inventory management, this opportunity is perfect for you.

Qualifications

• 1-3 years of analytical experience in retail with a focus on inventory.
• University or College degree in business or engineering preferred.

Responsibilities

• Provide reporting on inventory management to various teams.
• Manage inventory to achieve turn and fill rate objectives.

Skills

Inventory Management

Analytical Skills

Excel

SAP

Communication Skills

Problem Solving

Education

University Degree in Business

College Degree in Engineering

Tools

SAP

Excel

MS Access

Job description

With a career at The Home Depot, you can be yourself and also be part of something bigger.

Position Purpose:

The Replenishment Analyst has responsibility for the tactical execution of the business replenishment strategy, providing a high level of service to its Merchandising, Store Operations and Distribution Centre customers. The Analysts will be responsible for achieving, service level, in-stock, and inventory turns metrics. The Analyst will collaborate with all functional departments; building strong partnerships with their customers. The position will assist in ensuring Inventory levels are on target for Stores and DC’s with end result of being in-stock for Customers that shop our stores.

This Position is Location Flex with Hybrid work schedule. Primary Location - Flatbed Delivery Centre, Mississauga

Position Responsibilities:

• Provide key reporting on inventory management to Merchandising, Logistics and Senior Management.
• Use replenishment tools to support Key Performance Indicators on a daily, weekly, monthly quarterly and annual basis, including store/DC.
• Release and monitor systemically generated purchase orders using the SAP sales forecast as a primary input for the Flatbed Delivery Center ensuring Truckload building requirements are met based on Weight/Cube and determine manual purchase quantities when required/approved.
• Work with stores/ PRO/ CAM teams to understand upcoming demand within or outside supplier lead time and support generation of adhoc purchase orders into FDC
• Support the BDC to FDC transfer process, including but not limited to regular replenishment and adhoc transfer to meet customer demands
• Manage the Store and DC inventory exceptions (stock-out and excess).
• Manage inventory at the Stores and DC’s to achieve the turn and fill rate objectives including service level/in-stock targets for stores and DC.
• Collaborate on initial buy quantities and product flow discussions and provide replenishment expertise to cross functional teams.
• Provide options for cross-functional teams when issues of too much or too little inventory arise
• Communicate product status and updates to stores and DC in a timely manner.
• Liaise and support cross-functional teams, Vendors, Merchants, stores and Logistics to ensure the company meets performance targets.
• Work closely with Merchants and Senior Management to achieve company objectives.
• Identify process improvement opportunities and recommend solutions.
• Manage store requests to the service level agreement.
• Ensuring consistent, timely execution of cross-functional facing processes (e.g. Ad Process)
• Escalate issues to forecast analyst and business analyst partners as well as you your leaders
• Act as primary on-site SSC/FDC contact for merchandising, stores, and vendors

Knowledge/Experience Required:

• Must fulfill minimum time-in-position (1 year) and performance management code requirements (M+)
• 1-3 years of analytical experience (ideally in a retail environment) with emphasis on inventory management
• University or College Degree in business or engineering will be considered as a preferred qualification
• SAP knowledge would be an asset
• Intermediate or advanced proficiency in Excel and/or MS Access
• Good analytical skills with the ability to extrapolate pertinent information from various sources (reports and spreadsheets) and analyze data for recommendations.
• Excellent communication skills; collaborative with effective interpersonal skills; able to work across departments
• Strong customer focus with business acumen, problem solving skills and results orientated
• Self -directed, ability to work with limited supervision.
• Bilingual French/English an asset.