Inventory Planner

Lowe's Companies, Inc.Mooresville, NC
1dOnsite

About The Position

This position is based at our headquarters in Mooresville, North Carolina. Our corporate office is a space where you can collaborate and do your best work. Take a walk, grab a bite (or a cup of coffee), work out or get a check-up – we invest in you so you can find your inspiration. Your Impact The Inventory Planner is responsible for developing and implementing inventory strategies for a group of product categories that support both merchandising strategies and financial objectives. Responsible for creating and implementing item level inventory plans for both Stores and Ecommerce, achieving desired in-stock levels and planned inventory turns. The Inventory Planner will work closely with cross functional teams including but not limited to merchants, vendors, transportation and distribution to deliver desired results. At Lowe's, our supply chain is the backbone of our mission to serve customers and support our stores. When you join our supply chain team, you're stepping into a role that directly impacts millions of homes and communities across the nation. You'll be part of a supportive network where colleagues and leaders have your back, working together to overcome challenges and deliver for those who rely on us. As you contribute to our industry-leading supply chain operations, you'll build a rewarding logistics career with fair, respectful leadership that helps you shape a future you can be proud of. Your expertise will be vital in driving the future of retail as we continue to innovate and excel in the market.

Requirements

  • Bachelor’s degree or equivalent years of experience in lieu of education requirement, if applicable
  • 4+ years experience in demand, merchandise planning, replenishment or a related field

Nice To Haves

  • Bachelor's Degree in Supply Chain Management, Logistics, Transportation, or a related field.
  • 3-5 years of experience in Supply Chain/Logistics, including managing carrier or supplier relationships.
  • Advanced proficiency in Microsoft Excel and experience with PowerBI.
  • Strong organizational, problem-solving, and communication skills.

Responsibilities

  • Responsible for implementing and maintaining item/location level inventory plans for a group of product categories
  • Manage monthly forecasts cycle for product categories
  • Collaborate with suppliers to ensure inventory strategies are aligned
  • Partner with replenishment team to ensure proper execution of inventory plans, ensuring desired in-stock levels are achieved
  • Monitor inventory pipeline, anticipate and proactively communicate issues, and develop mitigation plans for any pipeline gaps
  • Drive inventory and replenishment strategies to support assigned categories including resets, promotions, events, seasonal /entry and exit, influencing cross functional stakeholders
  • Subject matter expert in planning / replenishment systems and thus utilize system capabilities to drive inventory to right location in the right quantity to support sales while also improving inventory productivity
  • Analyzes business performance, develops insights and translates into strategies to drive sales and inventory productivity
  • Monitor and report on important changes and/or challenges in a timely manner to support sales and financial objectives

Benefits

  • 401k with up to 4.25% match
  • Discounted Employee Stock Purchase Plan (15% discount of strike price)
  • Tuition-Free Education
  • 10-week Maternity/Parental Leave
  • 10% Associate Discount
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