INVENTORY PLANNER - SOFTLINES

Job Description - INVENTORY PLANNER - SOFTLINES (

2600024V

) Job Description Job Number: 2600024V Primary Location Organization NEXCOMHQ Pay Range : $63,559 - $82,049 Based upon experience Job Summary: Coordinates inventory flow to support merchandise and financial goals. Continuously analyzes business and recommends implements strategies and actions to drive sales productivity and profitability. Duties and Responsibilities:

INVENTORY FLOW SUPPLY CHAIN

Directs the distribution of goods to sales profitability inventory turnover and customer satisfaction across areas of responsibility. Determines proper ratio of DC Store and pipeline inventory for all items, develops and modifies replenishment parameters as needed on all basic reorder items, ensures basic stock levels are consistent with approved planograms and store sizes. Partners with Forecast Analyst to review and adjust forecast parameters for seasonal and or advertised items. Ensures featured product is in-stock at locations participating in advertising events. Considers overall health of the supply chain when making business decisions, identifies and implements supply chain efficiencies. Actively participates in Supplier Merchant meetings by communicating supply chain opportunities, concerns and successes, including collaboration on forecasted need. Proactively identifies cost saving opportunities with product distribution and partners with distribution and merchant teams to implement. Effectively communicates with internal and external customers to address in-stock and supply chain concerns or opportunities. Monitors aged inventory and identifies opportunities to mitigate risk, providing recommendations to the merchants for action. Ongoing review and maintenance of replenishment snapshot metrics to include POG Accuracy, NIS Causes and other related metrics. Uses allocate to purchases seasonal fashion and promotional one-time buys, ensuring accurate quantities and inventory levels meet sales demand at an item location level.

BUSINESS ANALYSIS

Monitors and evaluates Open-to-Buy on a weekly basis, assess risk and recommends action accordingly, prepares reports and actionable business analysis as needed. Identifies and challenges items that could have a negative impact on inventory and turn due to their low performance, makes preventative recommendations and takes action to reduce aged inventory and ensure exit strategy is adhered to.

ADDITIONAL

Conducts store visits as appropriate to evaluate merchandise presentation, stock assortments and inventory levels. Works closely with store management to address and maximize business opportunities. Responsible for the supervision and development of subordinate staff as appropriate. Performs Other Related Duties as Assigned Works under the supervision of a Senior Inventory Planner or Divisional Merchandise Manager of Planning. Operates independently within the framework of NEXCOM policies, procedures and regulations. Exercises independent judgment and approach in routine and non‑routine situations. Consults with supervisor on such issues as policy matters, deviations from normal procedures or unusual circumstances. Performance is evaluated on operational performance, skills, evaluations, customer service, collaboration and teamwork, leadership, work quality and established individual performance metrics. The incumbent of this position must file a Financial Disclosure Report OGE Form 450 as required. Required Experience Minimum of 6 years of experience consisting of the following:

GENERAL EXPERIENCE

Three years of experience in professional, technical or other responsible work which enabled the applicant to gain a knowledge of retail practices and demonstrated skill in retail merchandise planning, demand forecasting, inventory management, allocation or replenishment, supply chain optimization, financial planning or financial analysis, dealing with operating personnel and the ability to analyze problems and recommend practical solutions using sound judgment.

SUBSTITUTION OF EDUCATION FOR EXPERIENCE

One year of academic study above the high school level may be substituted for nine months of experience, up to a maximum of a four‑year bachelor’s degree in business merchandising or a related field or a combination of education and general experience.

SPECIALIZED EXPERIENCE

Three years of progressively responsible experience in merchandise planning and allocation including procurement, replenishment practices, methods and procedures; developing and managing an open-to-buy system; developing and validating seasonal financial plans and trends; preparation of forecast inventory projections and developing strategies to maximize opportunities and mitigate risk; monitoring and maintenance of sales inventory levels and stock turns; review and analysis of sales inventory and profit trends; database, spreadsheet software applications or similar responsible work that demonstrated knowledge and ability within one or more operational or merchandising areas of non‑appropriated fund or private sector retail management. #J-18808-Ljbffr Navy Exchange Service Command