Replenishment Analyst - For Future Opportunties

The Home Depot Canada; Toronto; Hybrid; CAD 100,000 - 125,000; Full time

Job summary

A leading home improvement retailer in Toronto is seeking a Replenishment Analyst to optimize inventory levels and enhance service delivery. You will collaborate with various teams to ensure effective inventory management and achieve performance targets. Ideal candidates possess strong analytical skills, a Bachelor's degree, and relevant experience in the retail sector. This role embraces a hybrid work model, offering flexibility.

Qualifications

• 1-3 years of analytical experience (ideally in a retail environment).
• Strong customer focus with business acumen.
• Bilingual French/English is an asset.

Responsibilities

• Execute business replenishment strategy for stores and DC.
• Collaborate with cross-functional teams to manage inventory.
• Provide key reporting on inventory management.

Skills

Analytical experience in retail

Inventory management

Intermediate/advanced Excel proficiency

Excellent communication skills

Customer focus

Education

Bachelor's degree or equivalent

Tools

SAP knowledge

MS Access

Job description

Overview

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

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.

Key Responsibilities

• Inventory Management
  • 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 Stores and Distribution Centres and determine manual purchase quantities when required/approved.
  • 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.
• Collaboration
  • 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 your leaders.
  • Act as primary on-site SSC contact for merchandising, stores, and vendors.

Competencies

• Action Oriented
• Collaborates
• Drives Results
• Communicates Effectively

Skills

• 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

Direct Manager/Direct Reports

• Reports to Manager/ SR Manager IPR

Travel Requirements

• Minimal

Physical Requirements

• Example

Hybrid Work

• Flex

Working Conditions

• Office

Minimum Education

• A Bachelor's degree or Equivalent Work Experience

Minimum Years Of Work Experience

• 1-3 Years

Other Requirements/Assets

• Bilingual French/English is an Asset