INVENTORY PLANNER - EVERY DAY BASICS

Navy Exchange Service Command; Virginia Beach (VA); In loco; USD 64.000 - 82.000; Tempo pieno

Descrizione del lavoro

The Navy Exchange Service Command is seeking an Inventory Planner - Every Day Basics to coordinate inventory flow and analyze business performance to meet merchandising and financial goals.

You will work with forecasts, replenishment parameters, and supplier partnerships to optimize stock levels, reduce aged inventory, and improve sales productivity across locations.

Competenze

• Three years of experience in professional retail or related work.
• Knowledge of retail merchandise planning and inventory management.
• Experience with Open-to-Buy systems and forecasting.
• Ability to analyze sales data and propose actions.
• Strong teamwork and communication with suppliers and Merchants.

Mansioni

• Directs distribution of goods to optimize sales, profitability, and inventory turnover.
• Determines stock ratios for DC, store, and pipeline items; maintains planograms.
• Partners with Forecast Analyst to adjust seasonal forecasts.
• Monitors Open-to-Buy; prepares actionable business analyses.
• Conducts store visits to assess inventory and presentation.
• Promotes cost-saving opportunities and supply chain efficiencies.

Conoscenze

Inventory management

Forecasting

Open to Buy

Supply chain optimization

Financial analysis

Retail practices

Formazione

Bachelor's degree in business merchandising or related field

Strumenti

Spreadsheet software

Descrizione del lavoro

Job Description - INVENTORY PLANNER - EVERY DAY BASICS (260003R1)

Job Description

INVENTORY PLANNER - EVERY DAY BASICS

Job Number

260003R1

Organization

NEXCOMHQ Pay Range: $63,559 - 82,049 Based on Experience

Job Summary

Coordinates inventory flow to support merchandise and financial goals. Continuously analyzes business and recommends implements strategies and actions to drive sales productivity and profitability.

Duties and Responsibilities

• Directs the distribution of goods to sales profitability inventory turnover and customer satisfaction across areas of responsibility.
• Determines proper ratio of DC Store and pipeline inventory for all items develops and modifies replenishment parameters as needed on all basic reorder items ensures basic stock levels are consistent with approved planograms and store sizes.
• Partners with Forecast Analyst to review and adjust forecast parameters for seasonal and or advertised items.
• Ensures featured product is in-stock at locations participating in advertising events.
• Considers overall health of the supply chain when making business decisions Identifies and implements supply chain efficiencies
• Actively participates in Supplier Merchant meetings by communicating supply chain opportunities concerns and successes including collaboration on forecasted need.
• Proactively identifies cost saving opportunities with product distribution and partners with distribution and merchant teams to implement. - Effectively communicates with internal and external customers to address in-stock and supply chain concerns or and opportunities.
• Monitors aged inventory and identifies opportunities to mitigate risk providing recommendations to the merchants for action.
• Ongoing review and maintenance of replenishment snapshot metrics to include POG Accuracy NIS Causes and other related metrics.
• Uses allocate to purchases seasonal fashion and promotional one time buys ensuring accurate quantities and inventory levels meet sales demand at an item location level. BUSINESS ANALYSIS
• Monitors and evaluates Open-to-Buy on a weekly basis assesses risk and recommends action accordingly prepares reports and actionable business analysis as needed.
• Identifies and challenges items that could have a negative impact on inventory and turn due to their low performance Makes preventative recommendations and takes action to reduce aged inventory and ensure exit strategy is adhered to. ADDITIONAL
• Conducts store visits as appropriate to evaluate merchandise presentation stock assortments and inventory levels. Works closely with store management to address and maximize business opportunities.
• Responsible for the supervision and development of subordinate staff as appropriate.
• Performs other related duties as assigned.
• Works under the supervision of a Senior Inventory Planner or Divisional Merchandise Manager of Planning. Operates independently within the framework of NEXCOM policies procedures and regulations. Exercises independent judgment and approach in routine and non-routine situations.
• Consults with supervisor on such issues as policy matters deviations from normal procedures or unusual circumstances.
• Performance is evaluated on operational performance skills evaluations customer service collaboration and teamwork leadership work quality and established individual performance metrics.

The incumbent of this position must file a Financial Disclosure Report OGE Form 450 as required.

A Total of 6 years of experience consisting of the following:

General Experience

Three years of experience in professional technical or other responsible work which enabled the applicant to gain a knowledge of retail practices and demonstrated skill in retail merchandise planning demand forecasting inventory management allocation or replenishment supply chain optimization financial planning or financial analysis dealing with operating personnel and the ability to analyze problems and recommend practical solutions using sound judgment.

Substitution of Education for Experience

1 year of academic study above the high school level may be substituted for nine months of experience up to a maximum of a four year bachelors degree in business merchandising or related field or a combination of education and or general of general experience.

Specialized Experience

Three years of progressively responsible experience in merchandise planning and allocation including Procurement Replenishment practices methods and procedures Developing and managing an open to buy system Developing and validation of seasonal financial plans and trends Preparation of Forecast inventory projections and develop strategies to maximize opportunities and mitigate risk Monitoring and maintenance of sales inventory levels and stock turns Review and analysis of sales inventory and profit trends Database spreadsheet software applications or similar responsible work that demonstrated the knowledge and ability within one or more operational or merchandising areas of non-appropriated fund or private sector retail management.