Are you a detail-oriented and analytical individual with a passion for planning and organization? Do you thrive in a fast-paced environment and excel at managing complex inventories? If so, then we have the perfect opportunity for you! Lowe's is currently seeking a highly motivated and experienced Inventory Planner to join our team. In this role, you will utilize your expertise to optimize inventory levels, forecast demand, and ensure product availability for our customers. We are looking for someone with a strong background in inventory management, excellent communication skills, and a proactive approach to problem-solving. If you are ready to take on a challenging and rewarding role with a leading home improvement retailer, then we want to hear from you!
- Develop and implement inventory management strategies to optimize product availability and minimize stock shortages.
- Monitor inventory levels and forecast demand to ensure adequate stock levels for all products.
- Analyze sales data and market trends to identify potential inventory risks and opportunities.
- Coordinate with suppliers and vendors to ensure timely and accurate delivery of products.
- Communicate effectively with cross-functional teams including merchandising, logistics, and store operations to align inventory plans and goals.
- Identify and resolve inventory discrepancies and shortages in a timely manner.
- Create and maintain accurate and detailed inventory reports and documentation.
- Utilize inventory management systems and tools to track and monitor inventory levels.
- Develop and maintain strong relationships with suppliers and vendors to negotiate favorable terms and pricing.
- Stay updated on industry best practices and market trends related to inventory management.
- Develop and implement inventory control processes to minimize losses and maximize efficiency.
- Train and mentor team members on inventory management practices and procedures.
- Proactively identify and recommend process improvements to enhance inventory management efficiency.
- Collaborate with other departments to plan and execute seasonal and promotional inventory strategies.
- Adhere to all company policies and procedures related to inventory management and control.
Strong Analytical Skills: An Inventory Planner At Lowe's Must Have A Strong Aptitude For Data Analysis, As They Will Be Responsible For Analyzing Inventory Levels, Sales Trends, And Customer Demand To Make Informed Decisions About Inventory Management.
Experience With Inventory Management Systems: Candidates For An Inventory Planner Role Should Have Experience Working With Inventory Management Software And Systems, Such As Sap Or Oracle. This Will Allow Them To Effectively Track And Manage Inventory Levels Across Multiple Store Locations.
Knowledge Of Retail Industry: A Solid Understanding Of The Retail Industry, Including Consumer Trends And Supply Chain Management, Is Essential For An Inventory Planner At Lowe's. This Will Ensure They Can Make Strategic Decisions That Align With The Company's Goals And Objectives.
Strong Communication And Collaboration Skills: As An Inventory Planner, You Will Need To Work Closely With Various Departments, Including Merchandising, Purchasing, And Logistics. Therefore, Strong Communication And Collaboration Skills Are Crucial For Success In This Role.
Ability To Handle Multiple Priorities: Inventory Planning Requires Excellent Time Management Skills And The Ability To Handle Multiple Priorities Simultaneously. Candidates For This Role Should Be Able To Work Efficiently Under Pressure And Meet Tight Deadlines.
Budgeting
Inventory Management
Procurement
Data Analysis
Market Research
Logistics
Forecasting
Supply Chain
Reporting
Merchandising
Sales Analysis
Vendor Relations
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Teamwork
Adaptability
Problem-Solving
Decision-making
According to JobzMall, the average salary range for a Inventory Planner in Cary, NC, USA is $45,000 - $65,000 per year. This range can vary depending on factors such as experience, education, and the specific company or industry. Additionally, bonuses and other benefits may also be included in the total compensation package for this role.
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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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