Inventory Analyst

Staples; Framingham (MA); On-site; USD 52,000 - 76,000; Full time

Benefits offered by this job

401(k) plan with company match

Paid time off

Flexible work arrangements

Associate store discount

Job summary

Staples is seeking an Inventory Analyst to manage foundational in-stock levels, ads, and promotions. You will forecast, plan, and allocate inventory to ensure smooth flow to stores, warehouses, and fulfillment centers while communicating issues with Merchandising and Supply Chain.

The role requires at least 1 year in retail, with a high school diploma and preferred Bachelor's degree. Proficiency in Excel/Access and replenishment tools will help optimize turn and on-shelf availability.

Qualifications

• High School Diploma or equivalent required.
• 1+ year of related retail experience.
• Bachelor’s Degree preferred.
• Proficiency with Excel and Access; knowledge of replenishment systems is a plus.
• Ability to work with E3 certification within 6 months of hire.

Responsibilities

• Manage foundational in-stock levels for ads and promotions.
• Forecast, plan, and allocate to ensure smooth flow to stores and warehouses.
• Communicate vendor and product issues with Merchandising and Supply Chain.
• Maintain in-stock levels for weekly ads and seasonal promotions.
• Place orders timely and track to meet setup timelines and service levels.
• Identify quantities by location to optimize sell-through and turn.
• Plan and execute product transitions with Merchandising.
• Minimize obsolescence and improve lead times with vendors.

Skills

Forecasting & planning

Vendor relations

Inventory management

Cross-functional communication

Education

High School Diploma or equivalent

Bachelor's Degree

Tools

Excel

Access

Job description

Staples is focused on our customer and our community. As an Inventory Analyst for Staples, you will be responsible for managing foundational in-stock, prep stores for ads & promotions, prepare for product transition, and work on supply chain & vendor issues.

Manage Foundational In-Stock, Ads & Promotions

• Utilize forecasting/planning/allocation tools to order product and ensure smooth flow to stores, warehouses and fulfillment centers.
• Communicate vendor and product issues, accurately and timely, with the Merchandising team, Supply Chain, and other impacted groups
• Maintain high levels of in-stock on weekly ads and seasonal promotions
• Execute timely placement of orders. Track and expedite to meet set-up timelines and service level goals
• Use allocation tool to properly identify appropriate historical information and quantities by location to ensure appropriate sell through and turn

Product Transition & Vendor Relations

• Work with the Merchandising team to successfully plan and execute a variety of product transitions including Planogram, New Catalog mailings, Seasonal buys, etc.
• Minimize obsolescence and maximize turn through timely forecast updates
• Partner with Merchandising and Supply Chain to assist in minimizing key supplier lead times to warehouses and fulfillment centers with improved reliability
• Develop and maintain positive and effective relations with vendors to facilitate timely and accurate processing of orders and delivered product

Essential Skills And Experience

• High School Diploma or equivalent
• At least 1+ year of related work experience in a retail setting

Preferred Skills And Experience

• Bachelor’s Degree
• Intermediate knowledge of Microsoft Office (especially Excel & Access) & demonstrated capability managing/utilizing replenishment systems
• Work towards completion of E3 Certification within 6 months of hire

Get great perks.

• Generous amount of paid time off, including one Floating Holiday each year.
• Flexible work arrangements, including flexible work hours.
• 401(k) plan with company match, medical, dental, vision, life and disability insurance with many more optional benefits.
• Associate store discount and more perks, including discounts on mobile plans, movie tickets, etc.

The salary range represents the expected compensation for this role at the time of posting. The specific base pay may be influenced by a variety of factors to include the candidate's experience, skill set, education, geography, business considerations, and internal equity. In addition to base pay, this role may be eligible for bonuses, or other forms of variable compensation.