Inventory Planning/Forecast Analyst

Chervon North America, Inc
Mooresville, NC Full Time
POSTED ON 6/2/2024
Chervon is one of the world’s largest power tool and lawn and garden equipment manufacturers with a rich history of innovation. Chervon’s commitment to build a better world by building better tools is evident in the products we manufacture and our green approach to manufacturing. We focus on hand-held portable power tools, stationary bench tools, laser and electronic equipment and outdoor power equipment. With world-class R&D, manufacturing, design, marketing, sales, and service teams throughout the world, we do it all.

About Our Opportunity

The Inventory Planning/Forecast Analyst is responsible for developing and implementing strategies that maximize sales and inventory productivity and maintains the appropriate in-stock positions and manages inventory in the most effective manner across all stores, distribution centers and SKUs for the Lowe’s business. The Inventory Planning/Forecast Analyst will work cross-functionally with internal teams to accomplish team goals and to improve inventory productivity. The Analyst creates accurate forecasts to support established financial goals; develops the inventory and replenishment strategies; manages parameters for each assigned product line to execute the replenishment strategies; and achieves target in-stock levels and planned inventory turns.

Summary Of Responsibilities

Inventory Planning & Forecasting

  • Provide forecast and pro forma projections working with Key Account Managers;
  • Provide accurate in-stock reporting on a weekly basis;
  • Review suggested orders with factory and reconcile to forecasts;
  • Inform and work closely with entire Operations team on current and future orders;
  • Provide weekly sales/operations dashboard reporting including reviews and comments;
  • Work collaboratively with Lowe’s on forecasts and shipment flow planning.

Direct Flow Management

  • Own and represent the complete 52-week Sales/Inventory forecast and goals;
  • Accountable for stores and regional distribution centers (RDCs) to manage complete supply chain;
  • Work with factory/operations teams to ensure on-time shipping and most cost effective distribution method;
  • Help to manage inventory in Chervons’ domestic warehouses to help supporting in-stock targets established by Lowe’s.

Competencies

  • Leadership
  • Detail-oriented
  • Teamwork
  • Strategic thinking
  • Project planning
  • Forecasting
  • Business acumen
  • Analytical
  • Personal effectiveness/credibility
  • Communication proficiency
  • Presentation skills
  • Retail knowledge
  • Inventory management
  • Logistics
  • Knowledge of the tool and/or outdoor power equipment industries

Supervisory Responsibility

This position does not have supervisory responsibility.

Work Environment

Chervon North America operates in a casual and fun environment. We offer a very competitive benefits package including health, dental, vision, short/long-term disability, life insurance, 401(k) and a competitive time off program.

We think Chervon is a great place to work! Be part of our new future! Better Tools. Better World.

Travel

This position requires approximately 10% travel; some international.

Required Education And Experience

  • 3-5 years of experience in a retail inventory, planning and replenishment role;
  • BS/BA degreed with supply chain management, inventory management, finance or a related field;
  • Strong analytical and problem-solving skills;
  • Ability to quickly retrieve, manipulate, analyze and interpret data;
  • Critical thinking skills to identify the strengths and weaknesses of alternative solutions;
  • Ability to understand and foresee implications of new information for current and future problem solving;
  • Good written and verbal communication skills;
  • Strong ability to multi-task and handle competing priorities at once;
  • Self-starter as well as major contributor to his/her team;
  • Extensive knowledge of Microsoft Excel;
  • Strong understanding of inventory management principles and data analytics;
  • Strong understanding of inventory management systems;
  • Financial acumen skills;
  • Understanding of supply chain and merchandising processes;
  • Understanding of distribution, transportation, and supplier manufacturing principles;
  • Proven work experience in a quantitatively/analytical-heavy role;
  • Self-starter with excellent interpersonal communication and problem-solving skills.

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