Product Inventory Management Analyst

Target Corporation India Pvt Ltd; Bengaluru; On-site; INR 600,000 - 1,000,000; Full time

Job summary

Target Corporation India Pvt Ltd in Bengaluru seeks an Analyst PIM Ops to drive inventory availability and optimize item positioning within the supply chain. The role focuses on collaborating with planners and analysts to ensure stock efficiency.

You will manage promo forecasting, coordinate replenishment activities, and analyze historical performance to reduce out-of-stocks while maximizing sales and profitability. Strong Excel skills and clear communication are essential.

Qualifications

• Graduate with 1-2 years of relevant work experience.
• Proficiency in Excel and MS Office tools.
• Ability to communicate clearly and effectively.
• Ability to work well with others and contribute to a positive environment.

Responsibilities

• Set objectives for own work and support projects and programs.
• Effectively communicate with peers and partners.
• Provide guidance and training to others in the team.
• Optimize availability of an item at location level and impact the supply chain.
• Drive inventory positioning to maximize profit and sales using replenishment systems.

Skills

Excel

MS Office

Communication

Teamwork

Problem solving

Education

Graduate

Tools

Inventory systems

Replenishment systems

Job description

Analyst PIM Ops

About us

As a Fortune 50 company with more than 400,000 team members worldwide, Target is an iconic brand and one of America's leading retailers. Joining Target means promoting a culture of mutual care and respect and striving to make the most meaningful and positive impact. Becoming a Target team member means joining a community that values different voices and lifts each other up. Here, we believe your unique perspective is important, and you'll build relationships by being authentic and respectful.

Overview about TII

At Target, we have a timeless purpose and a proven strategy. And that hasn’t happened by accident. Some of the best minds from different backgrounds come together at Target to redefine retail in an inclusive learning environment that values people and delivers world-class outcomes. That winning formula is especially apparent in Bengaluru, where Target in India operates as a fully integrated part of Target’s global team and has more than 4,000 team members supporting the company’s global strategy and operations.

PRIMARY FUNCTION

As part of your daily deliverables you will be expected to: Set objectives for your own work and support projects and programs. Role uses theoretical professional concepts and applies company-established practices and processes to deliver work under general direction. Effectively communicate with peers and partners Provide guidance and training to others in the team. At a business level You will be tasked on optimizing availability of an item at location level and understanding the impact on the supply chain. The priority shifts to driving efficient inventory positioning that maximizes profit and sales and utilizing replenishment systems to drive inventory placement strategies.

PRINCIPAL DUTIES AND RESPONSIBILITIES

• Promo Management : Partner with Planners to manage inventory through accurate promo forecasting and rectifying all relevant components to achieve department instock goals.


• Set promo levers in Replenishment systems, advise risk to AD OOS and communicate store level risk/overstock.


• Out Strategy Management: Perform End Of Season analysis, monitor and take actions to reduce lumpy inventory through markdowns, decoding, pushing and salvage.


• Allocation: Maintain instock goals through effective product distribution. Analyze sales history and trend to maximize sales potential by developing allocation strategies that maintain proper store inventory levels.


• Historical Analysis: Analyze and summarize business performance of product categories, monitor sales, inventory, margin and other factors impacting Instocks & profitabily.


• Communication: Ensure timely and proactive communication with key stakeholders such as Planner and Inventory Analysts at Target India and Minneapolis. Providing weekly business insights for stores and digital through reporting dashboards Execute pilots and transition for enterprise level inventory management priorities.

REPORTING/WORKING RELATIONSHIPS

Reports to Inventory Manager. Works closely with Inventory Analyst teams and other teams as necessary.

MINIMUM REQUIREMENTS

• Graduate with 1 - 2 year of relevant work experience


• Proficiency in excel and good knowledge of other MS Office tools


• Approaches problems with curiosity and generates creative solutions


• Ability to communicate clearly and effectively


• Ability to work well with others and contribute to a positive environment.


• Highly motivated and committed to the development of high-quality work

DESIRED REQUIREMENTS

• Problem solving skills


• Data management and interpretation

• Useful Links- Life at Target- https://india.target.com/


• Benefits- https://india.target.com/life-at-target/workplace/benefits


• Experience Level Senior Level