What are the responsibilities and job description for the Inventory Planner position at Lowes?
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Key Responsibilities:
• Responsible for implementing and maintaining item/location level inventory plans for a group of product categories
• Manage monthly forecasts cycle for product categories
• Collaborate with suppliers to ensure inventory strategies are aligned
• Partner with replenishment team to ensure proper execution of inventory plans, ensuring desired instock levels are achieved
• Monitor inventory pipeline, anticipate and proactively communicate issues, and develop mitigation plans for any pipeline gaps
• Drive inventory and replenishment strategies to support assigned categories including resets, promotions, events, seasonal /entry and exit, influencing cross functional stakeholders
• Subject matter expert in planning / replenishment systems and thus utilize system capabilities to drive
inventory to right location in the right quantity to support sales while also improving inventory productivity
• Analyzes business performance, develops insights and translates into strategies to drive sales and inventory productivity
• Monitor and report on important changes and/or challenges in a timely manner to support sales and financial objectives
Required Qualifications:
• Bachelors Degree is required or equivalent combination of education and related experience
• 4 years experience in demand, merchandise planning, replenishment or a related field
Preferred Qualifications:
• Proficient in Microsoft Excel and MS office
• Strong analytical skills
• Self-driven and highly motivated
• Approaches problems with curiosity and is solution oriented
• Strong communication skills, both written and oral
• Capability to multitask in a fast-paced environment
Lowe’s is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.
