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Inventory Planning Analyst
LOFT New York, NY
$81k-102k (estimate)
Full Time | Consumer Services 1 Month Ago
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LOFT is Hiring an Inventory Planning Analyst Near New York, NY

About us

KnitWell Group, a specialty retail operating company, comprises some of the most iconic brands in America – Ann Taylor, LOFT, Lane Bryant, and Talbots. Individually, our brands are unique and strong. Together, we are powerful.Our common thread is our commitment to create exceptional products, provide memorable experiences, and achieve superior results. Our associates are innovators who thrive through collaboration and are dedicated to excellence. At the heart of it all are the customers we serve. We are dedicated to creating fashion that not only looks good but also makes our customers feel good.

Inventory Planning Analyst (LOFT)

About the role

The Inventory Planning Analyst ensures inventory levels are optimally planned and executed by Channel (stores and ecomm,) emphasis by Store and by Size to maximize Sales, Margin, and Inventory Productivity. They will develop and execute a robust allocation strategy that connects with the merchant vision and financial plan for the product categories that they oversee. They will partner cross-functionally to achieve this outcome. Key partners include Merchandise Planning and Merchandising, DC & Store Operations, Location Planning, and the Stores Field Organization.

The impact you can have

  • Business analysis in support of location level strategies that drive sales, margin, and inventory productivity
    • This would include partnering with Location Planning on Store, Tier, Region, and Climate level opportunities
  • In select brands, the Inventory Planner will manage inventory for long lifecycle replenishment programs
    • This include conceptualizing, building, and buying to model stock inventory and managing inventory to a sales and receipt plan
  • Leads the review of allocation strategies for each floor set
  • Accountable for providing size analysis and recommendations for future buys and allocation strategies.
  • Owns pre-season size profiling reviews
  • Collaborates with the Merchant and Merchandise Planner to formulate future business strategies
  • Accountable to roll up and publish hindsight information for each business cycle (floorset/quarter/season), identifying opportunities to improve Sales and Margin
  • Provides analytics to support internal business partner’s needs (for Home Office and for the Field Organization)

You’ll bring to the role

  • Bachelor’s degree in business, finance, statistics, operations, engineering, supply chain, fashion
  • 1-3 years of allocation and business analytics
  • Strong communication and collaboration skills
  • Continuous improvement mindset
  • Ability to work with a diverse team to drive results
  • Problem-solving skills - proactively recommends solutions to various stakeholders; can make decisions with limited information
  • Self-Starter with strong organizational and prioritization skills
  • Proven track record of using data to influence decisions to drive profitable outcomes
  • High degree of change agility and dynamic thinking
  • Strong analytical skills and financial acumen - ability to analyze and understand quantitative data
  • Strong computer skills and demonstrated ability to learn and apply new software technology. Systems used: JDA Arthur Allocation, E3, Oracle, SAP Business Objects, MicroStrategy, Excel, Access, Word, PowerPoint, MS Outlook

Benefits at KnitWell Group

  • Merchandise discount at our brands: 50% off regular-priced merchandise at Ann Taylor, LOFT, Talbots, Haven Well Within & Lane Bryant (in store and online) 
  • Support for your individual development plus career mobility within our family of brands
  • A culture of giving back – local volunteer opportunities, annual donation and volunteer match to eligible nonprofit organizations, and philanthropic activities to support our communities*
  • Medical, dental, vision insurance & 401(K) retirement* 
  • Employee Assistance Program (EAP)
  • Time off – paid time off & holidays*
  • The target annual salary range for this role is: $62,400 – 65,000

*Any job offer will consider factors such your qualifications, relevant experience, and skills. Eligibility of certain benefits and associate programs are subject to employment type and role. 

Applicants to this position must be authorized to work for any employer in the US without sponsorship. We are not providing sponsorship for this position.

This position works in a hybrid model, with three days per week worked in the Times Square Tower (NYC) location and two days per week worked remotely. 

#LI-MJ1

Location:

Times Square Tower-ANN-New York, NY 10036

Position Type:

Regular/Full time

Equal Employment Opportunity

The Company is committed to hiring and developing the most qualified people at all levels. It is our policy in all personnel actions to ensure that all associates and potential associates are evaluated on the basis of qualifications and ability without regard to sex (including pregnancy), race, color, national origin, religion, age, disability that can reasonably be accommodated without undue hardship, genetic information, military status, sexual orientation, gender identity, or any other protected classification under federal, state, or local law. We do not discriminate in any of our employment policies and practices. All associates are expected to follow these principles in all relationships with other associates, applicants, or others with whom we do business.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Consumer Services

SALARY

$81k-102k (estimate)

POST DATE

05/09/2024

EXPIRATION DATE

06/01/2024

HEADQUARTERS

BEAUMONT, TX

SIZE

<25

FOUNDED

2014

REVENUE

<$5M

INDUSTRY

Consumer Services

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