Welcome to Lowe's - where we believe in making home improvement simple and accessible for everyone. We are currently seeking a highly organized and detail-oriented Inventory Planner to join our team. As an Inventory Planner at Lowe's, you will play a crucial role in ensuring our stores are stocked with the products our customers need and love. With your strategic planning and inventory management skills, you will help us maintain optimal inventory levels to meet customer demands and drive sales. If you are passionate about retail and have a strong analytical mindset, we invite you to apply for this exciting opportunity to be a part of the Lowe's family.
- Develop and implement inventory planning strategies to ensure adequate product availability in stores.
- Monitor inventory levels and make adjustments as needed to meet customer demands.
- Analyze sales data and trends to forecast future inventory needs.
- Collaborate with suppliers and vendors to ensure timely delivery of products.
- Create purchase orders and maintain accurate records of inventory transactions.
- Conduct regular inventory audits to identify and resolve any discrepancies.
- Work closely with store managers to understand their inventory needs and address any concerns.
- Communicate with different departments within the company to gather information and make informed decisions about inventory.
- Identify slow-moving and obsolete inventory and develop solutions to minimize losses.
- Continuously monitor and analyze market trends and competitor strategies to make proactive adjustments to inventory levels.
- Develop and maintain strong relationships with suppliers to negotiate favorable pricing and terms.
- Train and mentor new team members on inventory management processes and procedures.
- Ensure compliance with company policies and procedures related to inventory management.
- Utilize inventory management software to track and manage inventory levels.
- Collaborate with cross-functional teams to improve inventory processes and systems.
Knowledge Of Inventory Management Systems: A Strong Understanding Of Inventory Management Software And Systems Is Essential For An Inventory Planner At Lowe's. This Includes Proficiency In Using Tools Such As Sap, Oracle, Or Jda To Manage Inventory Levels, Track Product Movement, And Analyze Data.
Analytical Skills: Inventory Planners Must Have Strong Analytical Skills To Review Sales Data, Forecast Demand, And Identify Trends To Make Informed Decisions About Inventory Levels. This Involves Analyzing Large Amounts Of Data And Translating It Into Actionable Insights.
Communication And Collaboration: Excellent Communication Skills Are Necessary For An Inventory Planner To Collaborate With Various Teams Within Lowe's, Such As Purchasing, Sales, And Logistics. This Includes Being Able To Effectively Communicate Inventory Needs, Negotiate With Vendors, And Coordinate With Other Departments To Ensure Inventory Levels Meet Customer Demand.
Supply Chain And Retail Experience: A Background In Supply Chain Management And Retail Operations Is Highly Desirable For An Inventory Planner At Lowe's. This Includes Understanding Supply Chain Processes, Inventory Planning Strategies, And Retail Merchandising Principles.
Attention To Detail: An Eye For Detail Is Crucial For An Inventory Planner At Lowe's, As It Is Their Responsibility To Ensure Accurate Inventory Levels And Data. This Includes Conducting Regular Audits, Identifying Discrepancies, And Taking Corrective Action To Maintain Inventory Accuracy.
Budgeting
Inventory Management
Vendor Management
Data Analysis
Communication
Time Management
Forecasting
Supply Chain
Merchandising
Organization
Demand planning
Problem-Solving
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Teamwork
Active Listening
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Inventory Planner in Dallas, TX, USA is $40,000 - $70,000 per year. However, this can vary depending on factors such as the specific company, industry, and level of experience of the individual. Some inventory planners may also receive bonuses or additional benefits as part of their compensation package. Additionally, the cost of living in Dallas may also impact the salary range for this position.
Apply with Video Cover Letter Add a warm greeting to your application and stand out!
Lowe's Companies, Inc., doing business as Lowe's, is an American retail company specializing in home improvement.
Get interviewed today!
JobzMall is the world‘ s largest video talent marketplace.It‘s ultrafast, fun, and human.
Get Started