What are the responsibilities and job description for the Inventory Planning Forecast Analyst | Walmart position at Chervon North America, Inc?
Chervon is one of the world’s largest power tool and outdoor power equipment manufacturers with a rich history of innovation. Chervon’s commitment to build a better world by building better tools is evident in the products we manufacture and our green approach to manufacturing. We design, engineer and market power tools and outdoor power equipment within our brand portfolio- EGO, FLEX and SKIL and for other highly respected private brands. With world-class R&D, design, manufacturing, supply chain, marketing, sales, and service teams throughout the world, we do it all.
Job Summary
The Inventory Planning/Forecast Analyst is responsible for developing and implementing strategies that maximize sales and inventory productivity and maintains the appropriate in-stock positions and manages inventory in the most effective manner across all stores, distribution centers and SKUs for Walmart. The Inventory Planning/Forecast Analyst will work cross-functionally with internal teams to accomplish team goals and to improve inventory productivity. The Analyst creates accurate forecasts to support established financial goals; develops the inventory and replenishment strategies; manages parameters for each assigned product line to execute the replenishment strategies; and achieves target in-stock levels and planned inventory turns.
Duties & Responsibilities
Inventory Planning & Forecasting:
This position does not have supervisory responsibility.
Travel
This position requires approximately 10% travel; some international.
Work Environment
Chervon North America operates in a casual and fun environment. We offer a very competitive benefits package including health, dental, vision, short/long-term disability, life insurance, 401(k) and a competitive time off program.
We think Chervon is a great place to work! Be part of our new future! Better Tools. Better World.
Job Summary
The Inventory Planning/Forecast Analyst is responsible for developing and implementing strategies that maximize sales and inventory productivity and maintains the appropriate in-stock positions and manages inventory in the most effective manner across all stores, distribution centers and SKUs for Walmart. The Inventory Planning/Forecast Analyst will work cross-functionally with internal teams to accomplish team goals and to improve inventory productivity. The Analyst creates accurate forecasts to support established financial goals; develops the inventory and replenishment strategies; manages parameters for each assigned product line to execute the replenishment strategies; and achieves target in-stock levels and planned inventory turns.
Duties & Responsibilities
Inventory Planning & Forecasting:
- Provide forecast and pro forma projections working with Key Account Managers
- Provide accurate in-stock reporting on a weekly basis
- Review suggested orders with factory and reconcile to forecasts
- Inform and work closely with entire Operations team on current and future orders
- Provide weekly sales/operations dashboard reporting including reviews and comments
- Work collaboratively with the assigned retail accounts on forecasts and shipment flow planning
- Own and represent the complete 52-week Sales/Inventory forecast and goals
- Accountable for stores and regional distribution centers (RDCs) to manage complete supply chain
- Work with factory/operations teams to ensure on-time shipping and most cost effective distribution method
- Help to manage inventory in Chervon’s domestic warehouses to help support in-stock targets established by our retail partner, Walmart
- Leadership
- Detail-oriented
- Teamwork
- Strategic thinking
- Project planning
- Forecasting
- Business acumen
- Analytical
- Personal effectiveness/credibility
- Communication proficiency
- Presentation skills
- Retail knowledge
- Inventory management
- Logistics
- Knowledge of the tool and/or outdoor power equipment industries
- 2-3 years of experience in a retail inventory, planning and replenishment role; experience with Walmart highly preferred
- Prior experience with Luminate and Retail Link a plus
- BS/BA degreed with supply chain management, inventory management, finance or a related field
- Strong analytical and problem-solving skills
- Ability to quickly retrieve, manipulate, analyze and interpret data
- Critical thinking skills to identify the strengths and weaknesses of alternative solutions
- Ability to understand and foresee implications of new information for current and future problem solving
- Good written and verbal communication skills
- Strong ability to multi-task and handle competing priorities at once
- Self-starter as well as major contributor to his/her team
- Extensive knowledge of Microsoft Excel
- Strong understanding of inventory management principles and data analytics
- Strong understanding of inventory management systems
- Financial acumen skills
- Understanding of supply chain and merchandising processes
- Understanding of distribution, transportation, and supplier manufacturing principles
- Proven work experience in a quantitatively/analytical-heavy role
- Self-starter with excellent interpersonal communication and problem-solving skills
This position does not have supervisory responsibility.
Travel
This position requires approximately 10% travel; some international.
Work Environment
Chervon North America operates in a casual and fun environment. We offer a very competitive benefits package including health, dental, vision, short/long-term disability, life insurance, 401(k) and a competitive time off program.
We think Chervon is a great place to work! Be part of our new future! Better Tools. Better World.
