Inventory Optimization Analyst

Signet Jewelers; Cleveland (OH); On-site; USD 60,000 - 85,000; Full time

Job summary

Signet Jewelers is seeking an Inventory Analyst to support inventory planning, replenishment, and reporting. The role focuses on monitoring in-stock performance, maintaining allocation parameters, and delivering actionable insights to align with MPLs and business objectives.

The candidate will analyze SKU productivity, manage distribution center interactions, and participate in store visits and field reviews to optimize inventory levels across store tiers.

Qualifications

• Experience in inventory management, replenishment, allocation, planning, or supply chain.
• Strong proficiency with Excel including formulas, VLOOKUP/XLOOKUP, and Pivot Tables.
• Ability to learn new concepts, systems, and processes.
• Ability to multitask, prioritize, and meet deadlines in a fast-paced environment.
• Ability to work independently to resolve issues and identify solutions.
• Strong interpersonal skills and ability to collaborate with diverse teams.
• Basic understanding of retail math, inventory control, and forecasting methods.
• Proven experience performing ad hoc analysis and presenting actionable insights.

Responsibilities

• Monitor and maintain in-stock performance across store tiers, segments, and merchandise categories.
• Prepare and maintain store inventory reports for field visits, highlighting in-stock performance against MPL levels and opportunities to improve inventory productivity.
• Analyze variances between actual inventory and MPL requirements and recommend replenishment, redistribution, or inventory adjustments.
• Manage in-stock reporting and maintenance activities.
• Evaluate SKU performance by segment and recommend inventory actions.
• Recommend order maintenance activities including push, pull, and add actions.
• Review stock balances and Insignia recall activity and recommend corrective actions.
• Maintain inventory allocation settings including store groups and IA minimums by SKU.
• Submit and manage Touch Document DC requests.
• Serve as the point of contact for distribution center order issues, working with vendors, logistics partners, and internal teams to resolve receiving discrepancies.
• Process and maintain RTV entries and vendor returns.
• Provide stagnation report insights and recommendations to reduce aged inventory.
• Develop recommendations for end-of-life inventory strategies.
• Conduct recurring and ad hoc analysis to support inventory and merchandising decisions.

Skills

Inventory management

Replenishment

Allocation

Planning

Supply chain experience

Analytical thinking

Tools

Business Objects

Excel

Job description

Signet Jewelers is seeking an Inventory Analyst to support inventory planning, replenishment, and reporting. The role focuses on monitoring in-stock performance, maintaining allocation parameters, and delivering actionable insights to align with MPLs and business objectives.

The candidate will analyze SKU productivity, manage distribution center interactions, and participate in store visits and field reviews to optimize inventory levels across store tiers.