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Inventory Management Analyst

Company: Cost Plus World Market
Location: Alameda
Posted on: July 11, 2021

Job Description:

Who We Are

For over 60 years we have shared stories from across the globe that remind you of a time you cherish, a place you love and people who make you feel at home. We have inspired the home decorator, entertainer and gifter with our unique assortment of products sourced and designed around the world and we continue to be inspired by you. You, your authenticity, impact and distinction drive our success and inspires us to be inclusive, collaborative, open minded, adaptable, honest and respectful.

What You'll Do

Develop and implement store distribution strategies to support sales and inventory objectives and to ensure department financial goals are met. Partner with merchandising in executing item/program/category strategies to support financial plans.

  • Build, develop and maintain allocation strategies to ensure maximum sell through and profitability on seasonal merchandise while minimizing markdowns.

  • Analyze sales trends and promotional activity to ensure stores are in stock on core items, advertised merchandise, guidelines and shops.

  • Analyze sku and program productivity to ensure store turn and WOS goals are met; develop tiered assortment strategies.

  • Review inventory positions and sales for each DC service area; evaluate stock position and take action as needed.

  • Ensure new stores have appropriate inventory levels to support presentation and sales while collaborating with cross functional team.

  • Develop optimal store ranking to ensure proper distribution of merchandise.

  • Develop knowledge of geographic and store-attribute performance and trends through qualitative and quantitative analysis, and drive results by transferring knowledge into IM strategies.

  • Possess an advanced knowledge of CPWM Inventory Management and recapping systems and spreadsheets (Excel, AS400, Sales Cube/Brio).

  • Analyze item and fixture productivity, make ship pack and model presentation recommendations.

  • Support development of seasonal indices as needed.

  • Support DC/Store "transfer plan" initiatives.

  • Manage E-Commerce inventory and allocation needs.

  • Be an integral partner with visual and merchandising during schematic walk through and evaluate minimum and capacity concerns as needed.

  • Effectively manage and support career development of IM Specialist to ensure job satisfaction, retention and to identify and develop bench strength (if appropriate).

  • Partner with Planner to balance workloads and priorities; solicit decision support when needed.

  • Collaborate with Merchant Team to ensure appropriate skus are represented in shops and advertising.

  • Within ad proofing process, ensure all skus are in-stock at store level and recommend alternative skus as needed.

  • Support Planner in ad hoc needs.

  • Participate in Company initiatives as appropriate.

What You'll Bring

  • Minimum 2 years Retail/Catalog/Internet Planning and Distribution experience.

  • Excellent analytical and problem-solving skills.

  • Excellent systems skills; Microsoft: Excel, Word, AS4000, Sales Cube/Brio.

  • Strong organizational skills with ability to multi-task.

  • Bachelor’s degree required.

  • Qualified applicants with criminal histories will be considered for employment consistent with the requirements of all applicable law.

Key Competencies:

  • Able to understand Inventory Management strategies, how to execute them and how they impact the supply chain.

  • Able to organize and prioritize; demonstrates logical analysis, problem solving skills and accuracy in forecasting and all other work.

  • Demonstrates good listening, written and oral communication skills, effectively and clearly communicates reflecting an appropriate sense of urgency.

  • Able to Influence cross-functional counterparts, fosters teamwork, and sets expectations for direct reports.

  • Able to build and maintain productive relationships with cross-functional teams Able to accurately assess employee strengths and demonstrates ability to coach employees through developmental needs.

  • Ability to deliver strong and thorough presentations within division.

Why We Love It

  • Work life balance is a priority (work from home flexibility).

  • Employee discount and product sample sales!

  • A fun and supportive work environment where you feel welcome and safe. 

  • A culture of inclusion that empowers you to be your best authentic self.

  • Opportunities to make an impact through your passions.

  • Wellness Program including virtual fitness classes, personal health advocates, coaches, gym discounts and more.

  • Accrued Vacation, Sick Time and Personal Holidays.  

  • Eligible employees offered Medical and Dental Insurance, Vision Coverage, 401(k) Savings Plan, Commuter Benefits, Employee Assistance and more.

Keywords: Cost Plus World Market, Alameda , Inventory Management Analyst, Other , Alameda, California

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