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Lowe's

Runs home improvement stores for DIYers and pros

Inventory Planner - Irp

Inventory ManagementPosted on Nov 12
Full-timeMooresville, NC, USANo salary listed

About the Job

Requirements

  • A bachelor's degree in Supply Chain Management, Operations Management, Business Administration, Finance, Economics, Business Analytics, Data Analytics, Mathematics, or a related field, or equivalent years of experience in lieu of the education requirement, if applicable.
  • At least 7 years of experience in retail, manufacturing, or supply chain.
  • At least 3 years of experience in inventory planning, replenishment, merchandise planning, demand planning, retail operations, merchandise buying, or assortment planning.
  • Experience independently managing inventory plans for complex merchandise categories, business units, or distribution networks.
  • Advanced knowledge of inventory-planning principles, including forecasting, safety stock, service levels, inventory turns, weeks of supply, product lifecycle management, and working-capital optimization.
  • Ability to analyze complex financial, inventory, demand, and supply data and translate findings into actionable business recommendations.
  • Experience developing inventory strategies for promotions, seasonal events, product launches, assortment transitions, or other significant business activities.
  • Experience using inventory-planning, forecasting, replenishment, enterprise resource planning, or supply-chain management systems.
  • Advanced proficiency in Microsoft Excel, including complex formulas, pivot tables, data modeling, and analysis of large datasets.
  • Financial and business acumen, including the ability to evaluate the sales, margin, service, and working-capital implications of inventory decisions.
  • Ability to influence decisions and build alignment across Merchandising, Supply Chain, Finance, Operations, and other business functions.
  • Written and verbal communication skills, including experience presenting analysis and recommendations to leadership.
  • Ability to independently manage multiple priorities, solve ambiguous business problems, and make sound decisions in a fast-paced retail environment.
  • Experience using Power BI, Tableau, SQL, or similar business-intelligence and data-analysis tools.
  • Experience with RELEX, SAP, Oracle, Blue Yonder, Manhattan, or a comparable planning and supply-chain platform.

Responsibilities

  • Design inventory strategies that leverage system-driven planning capabilities while balancing customer experience, financial objectives, and operational constraints.
  • Manage inventory strategies across stores, distribution centers, and digital fulfillment channels, balancing product availability with inventory productivity and financial risk.
  • Analyze demand forecasts, sales trends, inventory positions, supply constraints, lead times, and vendor performance to identify risks and opportunities.
  • Recommend and execute inventory actions addressing potential out-of-stocks, excess inventory, aging inventory, capacity constraints, and changes in customer demand.
  • Establish and maintain inventory targets, planning assumptions, safety-stock strategies, service levels, and other inventory parameters based on category and business requirements.
  • Partner with Merchandising and Assortment Planning to develop inventory strategies for promotions, seasonal events, product launches, resets, assortment changes, and product lifecycle transitions.
  • Collaborate with Replenishment and Supply Chain partners to ensure inventory plans can be effectively executed across the distribution and fulfillment network.
  • Evaluate the inventory and financial implications of business decisions and provide data-driven recommendations to cross-functional leaders.
  • Lead decision-making discussions by translating system insights into business actions, clarifying trade-offs, and aligning cross-functional stakeholders.
  • Evaluate system-generated planning scenarios, challenge assumptions, and guide leadership toward decisions under uncertainty.
  • Monitor inventory performance against established plans and adjust strategies based on actual results, forecast changes, and evolving business priorities.
  • Lead continuous improvement of system-enabled planning processes, decision frameworks, and planning governance to improve organizational capability.
  • Support planning-system implementations, enhancements, testing, and adoption by providing inventory-planning expertise and business requirements.
  • Maintain accurate planning data and ensure inventory strategies comply with established financial controls, operating standards, and planning processes.
  • Provide guidance, analytical support, and inventory-planning expertise.

Desired Qualifications

  • Knowledge of merchandise financial planning, assortment planning, purchase-order management, or retail category management.
  • APICS Certified in Planning and Inventory Management, Certified Supply Chain Professional, Lean Six Sigma, or another relevant professional certification.

About the Company

Lowe's

Runs home improvement stores for DIYers and pros

Lowe's runs home improvement stores across the United States, selling tools, lumber, appliances, paint, flooring and garden supplies to do-it-yourself homeowners and professional contractors. Shoppers can buy in its stores, on Lowes.com or through its app, with options for in-store pickup and delivery to homes and jobsites. Beyond products, Lowe's sells installation and home services for projects such as kitchens, flooring, roofing and water heaters, scheduled through its stores and website. It earns money mainly from merchandise sales, plus installation fees and its co-branded credit cards for consumers and businesses. Lowe's was founded in 1946 and is based in Mooresville, North Carolina.

Company size
10,001+
Company stage
IPO
Headquarters
Mooresville, NC
Founded
1946

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