Inventory Planning & Replenishment Analyst

Job purpose

 

In this role, you will work with the Inventory Planning & Replenishment Manager to maintain the Residential and Commercial product lines. The primary function is to be responsible for purchasing, inventory management and coordination with branch locations and Vendors.  The Buyer will work with their suppliers to procure goods and/or services and will be responsible for the requirements planning to material receipt process. 

 

Duties and responsibilities

 

• Manage order quantities to optimize ordering cost, inventory turns, and volume discounts (overall ROI)
• Source non typical items by branch request
• Maintain stock status, analyze inventory, purchase quantities and forecast verse sales trends. Utilization of demand planning.
• Manage vendors, database, and files: ensure suppliers maintain quality, acceptable service / deliveries, monitor returns and address pricing issues. 
• Establish cost savings within the product mix: identify excess inventory and assist with disposition
• Communicate the authorized vendor(s) to the field staff
• Analyze market trends and delivery conditions to determine present and future material availability and schedule replenishment orders accordingly
• Receive and validate incoming requisitions
• Prevent & reduce excess & obsolete inventory
• Answer supplier and customer inquiries
• Process data entry requests and conduct system inquiries
• Enter supplier response details in system/Excel Reports
• Adhere to company’s procurement policies and procedures
• Conduct audit and quality checks
• Respond promptly to internal inquiries
• Address and resolve any Invoice to Purchase Order variances

 

Qualifications

 

• Bachelor’s degree in Sourcing, Purchasing, Supply Chain Management, Finance or related degree preferred
• Preferred five years purchasing/sourcing experience in the distribution industry
• Strong skills in the areas of oral and written communication, negotiation and interpersonal skills and problem resolution
• Demonstrated ability to perform and adapt in a changing environment
• Must be able to work independently and be a self-starter
• Ability to be effective in a highly matrixed environment
• Ability to effectively communicate with and influence multiple levels in the organization
• Proficient skill with Computer Microsoft applications (Word, Excel, Outlook, and PowerPoint)

 

Working conditions

 

• Minimal travel requirements as needed for business purposes
• Work assignments may be completed remotely and/or available company offices/branches within respective markets

 

Physical requirements

 

• Prolonged periods sitting at a desk and working on a computer and/or keyboard
• Heavy methods of verbal and auditory communication via phone, virtual calls, and/or email