Senior Inventory Analyst
GovXAbout the role
The Senior Inventory Analyst at GOVX will support the business with best-in-class processes including collection, analysis, and presentation of results to inform and improve GOVX’s data-driven inventory management. GOVX best serves our members by purchasing products desired by and relevant to the GOVX members through the application of insight and prediction of business demands. The Senior Inventory Analyst is a creative problem solver who will devise workable plans and implement them as they relate to the business-owned inventory.
This position will report to the Procurement Supervisor.
Responsibilities
- Gather data, analyze information including sales, returns and inventory and develop strategic conclusions.
- Communicate proposed inventory strategies and purchasing recommendations clearly and effectively to senior business executives via reports and metrics.
- Uncover and contribute new opportunities to solve business problems with data-driven tools.
- Solicit and develop in-depth analysis and compare forecasts and actual demand across multiple categories, brands to identify issues and opportunities.
- Proactively review forecast models and evaluate results, researching and reconciling variances to demand plans, then re-defining modeling to incorporate updated assumptions.
- Identify and leverage best practices and system usage to work accurately and timely.
- Identify trends for high and low sellers, conversion issues, and merchandising updates.
Requirements
- Advanced proficiency in Microsoft Excel, including pivot tables, charts, and applying formulas to add operational value to data sets.
- Quantitative analytical skills, ability to form conclusions using numerical data.
- Planning and Forecasting system experience.
- Technical knowledge understanding retail forecasting definitions and formulas.
- Understanding when and how to use different systems to make decisions.
- Clear and effective written and verbal communication skills to articulate inventory strategies, purchasing recommendations, and insights to senior business executives and cross-functional teams.
- Keen attention to detail to ensure accuracy in data analysis, forecasting models, and inventory management processes.
- Excellent time management skills to prioritize tasks, meet deadlines, and manage multiple projects simultaneously in a fast-paced environment.
- Proactive in identifying opportunities for process improvement, risk mitigation, and optimization of inventory management practices.
- Ability to work autonomously, exercising independent judgment and decision-making on complex issues, as well as under management supervision.
- Operates with a sense of ownership and urgency.
- NetSuite experience a plus.
Preferred Education and Experience
- Bachelor’s Degree.
- 3+ years of experience in ecommerce buying and planning background.
Supervisory Responsibilities
This position has no supervisory responsibilities.
Work Environment
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. This position is a hybrid (3 days in office) work position located at the GOVX office in LaVergne, TN.
Physical/Mental Demands
- Physical - This is largely a sedentary role.
- Mental – Problem solving, making decisions, interpreting data, organizing, read/write.
- Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Travel
No travel is expected for this position.
Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Benefits
- Flexible Time Off, Paid Sick Leave, Paid Holidays
- 401(k) plan with discretionary match available
- Medical, Dental, Vision, and Life Insurance
- Flexible Spending Account (FSA), Health Savings Account (HSA)
- Voluntary benefits including Critical Illness, Group Accident, and Voluntary Life
- Employee Referral Program
- Gym on site.
- Collaborative work environment in a modern office, stocked with drinks and snacks.
- Lunch is provided in office one day per week.
- Discounts on the GOVX website
Salary Range
$70,000.00 - $75,000.
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