[Hiring] Senior Inventory Analyst @Visionworks

Role Description

Drive strategy and delivery of allocation and inventory plans to maximize sales, profit, and GMROI. Optimize inventory investment to achieve service level goals.

Qualifications

• Bachelor’s degree in Business or related field, or equivalent experience
• 4+ years of progressively responsible experience in a material management role within a manufacturing environment
• Demonstrated ophthalmic industry acumen and current knowledge of products, market trends and conditions desired
• In-depth knowledge of forecasting/inventory tools and processes desired
• Ability to work in a cross-functional environment and contribute to business process optimization
• Proven analytical and problem-solving skills
• Excellent verbal and written communication skills
• Ability to regularly exercise discretion and independent judgment in performance of job duties

Requirements

• Develop strategies and actionable plans to optimize inventory management in multiple locations, ensuring inventory costs and service levels are balanced to meet goals set by Merchandising leadership.
• Forecast supply and demand of VSP network brand locations; aligns demand with resources to optimize supply chain, resulting in reduced costs and high customer satisfaction.
• Lead and oversee inventory management functions at multiple locations ensuring proper inventory and service levels are maintained.
• Provide support to management teams and provide leadership to staff through direction, example, and coaching, to accomplish business goals.
• Maintain effective communications within the business unit, throughout the supply chain, and externally where appropriate.
• Partner with multiple stakeholders including Merchants, Distribution Center/Central Labs, and Operations partners to shape and strengthen inventory functions within the supply chain and to deliver sales plan and service level agreements.
• Manage store/SKU forecasting with input from Merchandising Planning, Merchants and Store Ops to drive sales and optimize inventory.
• Develop and execute allocation strategies that align forecasted demand, inventory targets, and financial objectives across the store network.
• Ensure accuracy of systemically transferred data through various planning systems to support demand.
• Pattern key markets in partnership with Operations, Merchandise Planning and Merchants to understand consumer & store needs.
• Execute inventory recalls for strategic store capacity changes and/or end of life lifecycle management.
• Ensure store/practice inventory levels are aligned to model assortment/targeted inventory levels.
• Maintain inventory reporting to support key KPIs while supporting sales and maximizing productivity of working capital.
• Support the roll out of merchandise system(s) to ensure a smooth transition, specifically related to replenishment.
• Provide SKU level analytics and insights in partnership with Merchandising Planning and Merchants to drive sales and optimize inventory.
• Make independent planning recommendations and escalate risks or tradeoffs related to demand, inventory, or service level performance as needed.

Benefits

• Full Time
• $62,671.63 - $83,562.17 Annual Salary

Working Conditions

The working environment is generally favorable, lighting and temperature are adequate and there are no hazardous or unpleasant conditions caused by noise, dust, etc.