Sr Inventory Analyst

Ulta Beauty, Inc. • Bolingbrook, IL

4d

About The Position

As a Senior Inventory Analyst, you will optimize inventory levels by managing the end-to-end product flow of high-volume brands. Working closely with the Planner and Merchant, you’ll analyze data, monitor stock levels and identify opportunities for improvement to achieve the financial and strategic objectives of the business. You’ll directly impact the inventory excellence of the enterprise by sharing your expertise and assisting with the development of best practices.

Requirements

• 2+ years of relevant professional experience in data and analytics, inventory or supply chain
• Bachelors' degree in relevant field preferred
• Demonstrated excellent verbal and written communication
• Ability to interact professionally with internal and external stakeholders, utilizing critical thinking and influencing with data
• Ability to work with large amounts of data into trends and develop accurate and actionable insights based on the data
• Exceptional organizational skills, strong attention to detail, and multi-tasking ability
• Strong Microsoft Office skills with solid proficiency in usage of Excel Working knowledge of SAP or JDA a plus
• Strong problem solving, retail math, and analytical skills
• Ability to embrace/maneuver change with a positive attitude
• Continuously strives to improve inventory practices and knowledge across the department by openly sharing insights and best practices
• Mindset that emphasizes teamwork
• Thrives in fast paced environment

Nice To Haves

• Working knowledge of SAP or JDA a plus

Responsibilities

• Contribute to the development of inventory strategies in partnership with Sr Planner
• Manage the end-to-end flow of product for high volume, high priority brands to achieve the business' financial and strategic objectives (sales, margin, turn)
• Place purchase orders based on forecasts for weekly replenishment, advertising, events, and promotions. Review and adjust POs as required
• Support business decisions with analytics/insights to optimize sales and productivity
• Maintain vendor relationships and improve the fill rate, on-time delivery, and omni-channel stock management​. Actively participate in weekly cross-functional team meetings
• Drive sales, margins, inventory turn, and in-stock levels towards maintaining or exceeding KPIs
• Update and conduct reviews of forecasts for store levels within the forecasting and replenishment system each week
• Tracks and ensures products arrive on time and follows up as needed for escalations
• Participate in enterprise and/or departmental initiatives to improve inventory processes and best practices

Benefits

• Full-time positions are eligible for paid time off, health, dental, vision, life and disability benefits.
• Part-time positions are eligible for dental, vision, life, and disability benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level