Manager, Inventory Planning Optimization
6 days ago
Job Descriptions:
Category Optimization
- Assortment Strategy: Analyze category performance, identify assortment gaps and propose category additions, removals, or replacements.
- Data-Driven Insights: Use data analysis to create and refine assortment strategies that improve category performance.
- Scenario Simulation: Conduct "what-if" simulations to predict the impact of assortment changes.
- Automation & Tools: Support the development and use of automated tools and dashboards for assortment planning and optimization.
- Performance Measurement: Track the impact of optimization decisions on sales, turnover and stock efficiency.
Category Allocation
- Stock Allocation: Allocate stock to stores based on demand forecasts, store capacity and sales trends.
- Replenishment: Ensure stock replenishment is timely and accurate to avoid stockouts and overstocking.
- Demand Alignment: Use sales and demand forecasts to adjust allocation decisions in real-time.
- Stock Efficiency: Minimize stockouts and overstock while optimizing store-level inventory performance.
- Reporting & Analysis: Produce reports on stock availability, allocation performance and sell-through rates for internal stakeholders.
- Collaborate with supply chain, merchandising, and retail teams to ensure proper execution of assortment and allocation strategies.
- Coordinate with IT, analytics, and system development teams to enhance and automate allocation and optimization tools.
Requirements:
- Bachelor's degree in Business, Supply Chain, Data Analytics, Economics, or related field.
- Minimum 5 years in category management, assortment planning, allocation, or supply chain roles.
- Technical Skills: Proficiency in data analysis tools (Excel, Power BI). Ability to work with large datasets using SQL & Python.
- Analytical Skills: Ability to identify assortment opportunities, recommend category adjustments and optimize inventory performance.
- Attention to Detail: Track in stock, sales, and category performance to ensure timely action.
- Problem-Solving: Strong problem-solving skills to identify issues, create action plans and drive continuous improvement.
- Communication: Strong communication skills to present data-driven decisions to cross-functional teams.
- Time Management: Ability to handle multiple priorities (assortment, allocation, and reporting) simultaneously.
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