Full-Time

Associate Inventory Planner

Posted on 11/5/2024

Lowe's

Lowe's

10,001+ employees

Hardware
Consumer Goods

Junior, Mid

Huntersville, NC, USA

Category
Inventory Management
Operations & Logistics
Required Skills
Inventory Management
Excel/Numbers/Sheets
Requirements
  • Bachelors Degree required or equivalent combination of education and related experience
  • 2+ years experience in demand, merchandise planning, replenishment or a related field
  • Strong analytical skills
  • Self-driven and highly motivated
  • Approaches problems with curiosity and is solution oriented
  • Strong communication skills, both written and oral
  • Capability to multitask in a fast-paced environment
  • Ability to work effectively within a team and build positive relationships cross-functionally
  • Proficient in Microsoft Excel, MS office
Responsibilities
  • Responsible for implementing and maintaining item/location level inventory plans for a group of product categories
  • Manage monthly forecasts cycle for product categories
  • Collaborate with suppliers to ensure inventory strategies are aligned
  • Partner with replenishment team to ensure proper execution of inventory plans, ensuring desired instock levels are achieved
  • Monitor inventory pipeline, anticipate and proactively communicate issues, and develop mitigation plans for any pipeline gaps
  • Translate strategy into tactics, enabling execution
  • Drive inventory and replenishment strategies to support assigned categories including resets, promotions, events, seasonal /entry and exit, etc.
  • Subject matter expert in planning / replenishment systems and thus utilize system capabilities to drive inventory to right location in the right quantity to support sales while also improving inventory productivity
  • Analyzes business performance, develops insights and translates into strategies to drive sales and inventory productivity
  • Monitor and report on important changes and/or challenges in a timely manner to support sales and financial objectives

Company Stage

IPO

Total Funding

$136.1M

Headquarters

Mooresville, North Carolina

Founded

1946

Simplify Jobs

Simplify's Take

What believers are saying

  • E-commerce sales rose 135%, indicating strong online growth potential for Lowe's.
  • Old housing stock supports long-term demand for Lowe's home improvement products.
  • Strategic expansion in Texas aligns with rising logistics real estate demand.

What critics are saying

  • Increased competition from Home Depot may impact Lowe's market share.
  • Rising operational costs in Texas could affect Lowe's profitability.
  • Rapid tool rental expansion may strain Lowe's resources if not managed well.

What makes Lowe's unique

  • Lowe's is enhancing its digital infrastructure with new online fulfillment centers.
  • Participation in New York Fashion Week boosts Lowe's lifestyle branding appeal.
  • Lowe's tool rental service expansion offers a unique value proposition to customers.

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