What are the responsibilities and job description for the Inventory Analyst position at Ulta Beauty, Inc.?
OVERVIEW
Discover greater levels of performance. With over 1,300 stores throughout the U.S. and an innovative omni-channel ecosystem, Ulta Beauty is revolutionizing the beauty retail experience. Ulta Beauty is expanding its digital capabilities, opening new stores on a continual basis and re-designing existing locations with the latest design and technological advancements for heightened guest experiences. We’re not just growing, we’re thriving through consistent innovation and a bold commitment to re-imagination. If you want the opportunity to build something strategic, to take ownership of your career trajectory, to apply your passion to operational excellence, Ulta Beauty provides the kind of stability and support few organizations can match. So be curious. Be flexible. Be more than you thought possible. The future is yours at Ulta Beauty.
THE IMPACT YOU CAN HAVE:
The Inventory Analyst is responsible for implementing and executing an efficient and profitable replenishment strategy for all retail channels and distribution centers within ULTA. They will manage the allocation and replenishment of designated product category(s) to maintain an in –stock standard while achieving planned inventory financial objectives.
YOU'LL ACCOMPLISH THESE GOALS BY:
- Create purchase orders for all ads, events including weekly replenishment and promotional orders leveraging forecasts.
- Provide analytics/insights to support business decisions to optimize sales and productivity.
- Establish and maintain Vendor relationships improving on fill rate, and on time delivery, while improving omni-channel in stocks.
- Actively participate in weekly cross-functional team meetings
- Drive towards maintaining or exceeding KPI goals inclusive of driving sales, margin, and inventory turn and in-stocks
- Weekly review and updates to store level forecasts within the forecast and replenishment system
- Complete on-going training and development courses supported by the HR Training Team or the Merchandise Operations Training Team.
THE ESSENTIALS FOR SUCCESS:
- 1-2 years working in retail or related environment. Forecast and Replenishment system knowledge preferred
- Demonstrate excellent verbal and written communication skills as well as strong listening skills
- Critical thinker, able to interact professionally with both internal and external stakeholders and influence with data
- Overtime and weekends as needed.
- Excellent organizational skills with a strong eye for detail, and capable of multi-tasking
- Willingness to adopt new processes, and be a change advocate.
- Strong Microsoft Office skills with solid proficiency in usage of Excel. Working knowledge of SAP or JDA a plus
- Ability to work with large amounts of data into trends and develop accurate and actionable insights based on the data
- Strong problem solving, retail math, and analytical skills.
- Highly motivated individual with strong initiative and positive attitude
- Strong work ethic, ability to meet tight deadlines/thrive in fast-pace environment
- Professionalism and confidentiality required both internally & externally
- Follows principles & values to do the right thing
- Ability to embrace/maneuver change with a positive attitude
#LI-GH
#LI-Hybrid
ABOUT
At Ulta Beauty (NASDAQ: ULTA), the possibilities are beautiful. Ulta Beauty is the largest North American beauty retailer and the premier beauty destination for cosmetics, fragrance, skin care products, hair care products and salon services. We bring possibilities to life through the power of beauty each and every day in our stores and online with more than 25,000 products from approximately 500 well-established and emerging beauty brands across all categories and price points, including Ulta Beauty’s own private label. Ulta Beauty also offers a full-service salon in every store featuring—hair, skin, brow, and make-up services.
We will consider for employment all qualified applicants, including those with arrest records, conviction records, or other criminal histories, in a manner consistent with the requirements of any applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York City Fair Chance Act.
