Inventory Analyst

Inventory Analyst

The Inventory Analyst is responsible for supporting the controlling, planning, and evaluating of all inventory activities as it pertains to industry best practices in inventory management. This individual will be knowledgeable in the various applications utilized by the merchandising department to assist in driving growth at the stores. The Inventory Analyst's overall goal is to manage the lifecycle of inventory for the entire fleet to maximize profitability and manage capital in line with the company inventory strategy. Up to 10% travel may be required.

Responsibilities:

• Conducts daily analysis of inventory positions to ensure inventory is balanced across distribution centers, considering store demand levels, upcoming forecast events and limited time offers.
• Provides recommendations to internal and external logistics teams regarding PO balancing, inventory status and any other notable takeaways.
• Ensures all distribution centers are adhering to RaceTrac's requested inventory levels and are able to fulfill all store orders, providing a high level of service to RaceTrac stores and ultimately RaceTrac guests.
• Proactively consults internal and external logistics teams to verify timely and accurate deliveries.
• Facilitates communication to Operations teams on any high impact inventory concerns and any inventory related projects that will directly impact store operations.
• Utilizes analytics tools and inventory knowledge to develop new reports, dashboards, and any additional ad-hoc requests.
• Proposes and implements solutions to improve RaceTrac's inventory strategy and positions.
• Supports the demand planning team in all ordering activities including development of replenishment strategies, allocation plans, and inventory holding settings regarding new items, limited time offers and promotions.
• Collaborates on Merchandising Solutions related projects across departments including Information Systems, Space Planning, Supply Chain, and Operations to ensure the right system requirements are gathered and proper design of applications is implemented.
• Provides outstanding internal customer service to Operations and Category Management teams.

Qualifications:

• BA/BS in Business, Supply Chain, Statistics, Engineering, Finance, or related field preferred
• 1-2 years' experience in consumer product forecasting, demand planning, or supply chain.
• Proficiency in Microsoft Office and PowerBI; experience with SQL preferred.
• Detail oriented, organized, and strong on follow through and communication.
• A problem solver who is comfortable taking initiative