Inventory Replenishment Analyst: Forecasting & Optimization

1616 Holdings Inc; Philadelphia (Philadelphia County); On-site; USD 70,000 - 95,000; Full time

Job summary

Five Below in Philadelphia is seeking a Demand Planning Analyst to analyze inventory data, forecast demand, and optimize replenishment orders to keep products available while minimizing excess stock.

You will collaborate with sales, buyers, and other teams to develop accurate forecasts using historical data, seasonal trends, and market insights, while leveraging tools like SAP, Blue Yonder, and Bamboo Rose to write purchase orders.

Qualifications

• Bachelor's degree in Business, Statistics, Analytics, or related field.
• 2+ years in demand planning, replenishment, inventory management, analytics or related field.
• Proficiency in forecasting and inventory management software (e.g., SAP, Blue Yonder, Oracle).
• Strong Excel skills, including pivot tables and VLOOKUP; data visualization tools.
• Experience with Power BI or Tableau for reporting.
• Order Management System experience; Bamboo Rose a plus; SQL/Python/R experience a plus.

Responsibilities

• Develop and maintain accurate demand forecasts using historical sales data, seasonal trends, and market insights.
• Utilize forecasting tools and statistical models to predict future inventory needs.
• Monitor forecast accuracy and adjust models based on demand fluctuations.
• Optimize replenishment strategies to balance stock availability with cost efficiency.
• Generate and review replenishment orders, ensuring timely and accurate stock levels.
• Leverage replenishment suggested order quantities and write purchase orders in Bamboo Rose.

Skills

Forecasting concepts

Analytical thinking

Attention to detail

Communication skills

Problem-solving

Education

Bachelor's degree in Business, Statistics, Analytics, or related field

Tools

SAP

Blue Yonder

Oracle

Excel

Power BI

Tableau

Bamboo Rose

SQL/Python/R

Job description

Five Below in Philadelphia is seeking a Demand Planning Analyst to analyze inventory data, forecast demand, and optimize replenishment orders to keep products available while minimizing excess stock.

You will collaborate with sales, buyers, and other teams to develop accurate forecasts using historical data, seasonal trends, and market insights, while leveraging tools like SAP, Blue Yonder, and Bamboo Rose to write purchase orders.