What are the responsibilities and job description for the Inventory Planning Analyst position at LOFT?
About Us
LOFT creates modern, feminine, versatile clothing for women with one common style goal: to look and feel confident wherever the day takes them. We empower women to find their authentic self-expression because feeling like yourself is always in style.
Here at LOFT, we're busy styling the careers and supporting the lives of everyday optimists just like you. Express your authentic self and experience endless inspiration, all while enjoying the opportunities and benefits that help you get the most from your career, life, and wardrobe.
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
$65,000 - $70,000
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.
This position works in a hybrid model.
Location:
Times Square Tower-ANN-New York, NY 10036
Position Type
Regular/Full time
Equal Employment Opportunity
The Company is an equal opportunity employer and welcomes applications from diverse candidates. Hiring decisions are based upon a candidate's qualifications as they relate to the requirements of the position under consideration and are made without regard to sex (including pregnancy), race, color, national origin, religion, age, disability, genetic information, military status, sexual orientation, gender identity, or any other category protected by applicable law. The Company is committed to providing reasonable accommodations for job applicants with disabilities. If you require an accommodation to perform the essential duties of the position you are seeking or to participate in the application process, please contact myHRSupport@knitwellgroup.com. The Company will make reasonable accommodations for otherwise qualified applicants or employees, unless such accommodations would impose an undue hardship on the operations of the Company’s business. The Company will not revoke or alter a job offer based on an applicant’s request for reasonable accommodation.
LOFT creates modern, feminine, versatile clothing for women with one common style goal: to look and feel confident wherever the day takes them. We empower women to find their authentic self-expression because feeling like yourself is always in style.
Here at LOFT, we're busy styling the careers and supporting the lives of everyday optimists just like you. Express your authentic self and experience endless inspiration, all while enjoying the opportunities and benefits that help you get the most from your career, life, and wardrobe.
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 includes 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 (floor set/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).
- Proactively seeks out mentoring and training opportunities that facilitate personal development.
- 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 recommend 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.
- Merchandise discount at our brands: 50% off regular-priced merchandise at Ann Taylor, LOFT, Lane Bryant & Talbots (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*
$65,000 - $70,000
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.
This position works in a hybrid model.
Location:
Times Square Tower-ANN-New York, NY 10036
Position Type
Regular/Full time
Equal Employment Opportunity
The Company is an equal opportunity employer and welcomes applications from diverse candidates. Hiring decisions are based upon a candidate's qualifications as they relate to the requirements of the position under consideration and are made without regard to sex (including pregnancy), race, color, national origin, religion, age, disability, genetic information, military status, sexual orientation, gender identity, or any other category protected by applicable law. The Company is committed to providing reasonable accommodations for job applicants with disabilities. If you require an accommodation to perform the essential duties of the position you are seeking or to participate in the application process, please contact myHRSupport@knitwellgroup.com. The Company will make reasonable accommodations for otherwise qualified applicants or employees, unless such accommodations would impose an undue hardship on the operations of the Company’s business. The Company will not revoke or alter a job offer based on an applicant’s request for reasonable accommodation.
Salary : $65,000 - $70,000
