Welcome to Lowe's, where we believe that home improvement should be accessible and affordable for everyone. As an Inventory Planner, you will play a crucial role in ensuring that our stores are stocked with the right products at the right time. We are seeking a highly organized and detail-oriented individual with a passion for retail and a keen ability to analyze data and make informed decisions. If you thrive in a fast-paced environment and are ready to make an impact on our customers' home improvement journeys, we want you on our team.
- Monitor and analyze inventory levels to ensure optimal stock levels are maintained in all Lowe's stores.
- Collaborate with suppliers and vendors to ensure timely delivery and availability of products.
- Develop and implement inventory management strategies to minimize stock shortages and overstock situations.
- Utilize data analysis to identify trends and forecast demand for products.
- Work closely with merchandising and sales teams to understand customer needs and preferences.
- Create and maintain accurate inventory reports and communicate findings to management.
- Monitor and track product performance, making recommendations for changes to inventory levels based on sales data.
- Coordinate with store managers to ensure proper product placement and organization in stores.
- Conduct regular store visits to evaluate inventory levels and identify any issues or opportunities.
- Identify and resolve inventory discrepancies and implement measures to prevent future discrepancies.
- Continuously monitor market trends and competitor activity to inform inventory planning decisions.
- Maintain strong relationships with suppliers and negotiate favorable terms and pricing.
- Collaborate with cross-functional teams to support new product launches and promotions.
- Stay up-to-date on industry best practices and implement improvements to optimize inventory management processes.
- Uphold Lowe's commitment to providing accessible and affordable home improvement products to all customers.
Strong Analytical Skills: The Inventory Planner Must Possess Strong Analytical Skills To Analyze Sales Trends, Inventory Levels, And Customer Demand To Effectively Plan And Manage Inventory Levels.
Experience With Inventory Management Software: Knowledge And Experience With Inventory Management Software Is Essential For An Inventory Planner At Lowe's. This Includes Proficiency In Using Software Such As Oracle, Sap, Or Jda.
Supply Chain Management Knowledge: A Solid Understanding Of Supply Chain Management Principles Is Crucial For An Inventory Planner At Lowe's. This Includes Knowledge Of Procurement, Logistics, And Inventory Control Processes.
Attention To Detail: The Inventory Planner Must Have A Keen Eye For Detail To Accurately Track Inventory Levels And Monitor Stock Movement. They Must Also Be Able To Identify Any Discrepancies Or Issues In Inventory Data.
Communication And Collaboration Skills: Effective Communication And Collaboration With Teams In Different Departments Is Essential For An Inventory Planner. They Must Be Able To Work Closely With Merchandising, Sales, And Logistics Teams To Ensure Timely And Accurate Inventory Replenishment.
Budgeting
Inventory Management
Vendor Management
Data Analysis
Logistics
Product knowledge
Forecasting
Inventory Control
Supply Chain
Reporting
Demand forecasting
Replenishment Planning
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Attention to detail
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Inventory Planner in Asheboro, NC, USA is $48,000 - $65,000 per year. This can vary depending on the specific company, experience level, and other factors.
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Lowe's Companies, Inc., doing business as Lowe's, is an American retail company specializing in home improvement.
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