The Inventory Analyst is the store expert, responsible for optimizing inventory by store to create the most profitable assortment at the store level. They are responsible for initial allocations as well as re-flow orders and optimizing replenishment by store. Analysts work closely with Merchandising and Planning partners to identify and react to business needs to drive the profitability of the office. This position requires a passion for finding small wins at the location level and translating them into larger wins that drive the profitability and productivity of the entire company.

• Support the process and communication of allocations for assigned FOB on a consistent and ongoing basis 
• Execute all associated allocations for initial buy, delayed allocation and re-flow orders for stores and eCommerce.
• Analyze current sales trend, inventory levels and past selling history to develop distribution strategies, execute allocations and determine vendor entrance or exit to achieve optimal inventory levels by store.
• Analyze location sales and highlight inventory successes and opportunities
• Create the guidelines for minimums and maximums of units on hand in each store
• Optimize number & size distribution of case packs to maximize sales and margin
• Perform allocation effectiveness hindsighting to improve allocations & drive future profitability; shares findings and recommendations with Buying and Planning partners
• Take on the challenge of optimizing allocations in complex and fast-paced areas
• Develop and share new techniques for optimizing inventory at the store level.
• Develop SOPs and best practices with Allocation System (Blue Yonder, Formally JDA)
  • Automation using Auto Allocation
  • Assortment Allocation using Worklist Inputs/Parameters

Minimum Education & Experience:

• Bachelor’s degree and/or equivalent years of experience

• Specific work or project experience: Demonstrated proficiency using Microsoft Windows Operating System and Microsoft Office Suite

• Prior Finance and or/ Retail Experience a plus

Preferred Education & Experience:

• Specific Degree: Business, Finance, Accounting and or Retail

Knowledge / Skills Requirements:

• Ability to analyze data from multiple sources to identify trends & risks, resolve issues, and recognize opportunities
• Demonstrates initiative in exposing and resolving risks and opportunities
• Demonstrates intermediate-level proficiency using retail merchandising systems & tools to drive business results
• Demonstrates intermediate-level proficiency using Oracle systems & tools (e.g. SAS, RMS, APX) to drive business results
• Ability to effectively communicate with internal and external partners (vendors) to proactively address business needs
• Strong background in data analysis
• Strong Excel skills (including pivot tables, lookups, If Statements)
• Strong problem-solving and analytical skills; strong aptitude with numbers
• A mindset that can quickly adapt to new thought processes and is constantly looking for a better way to do the job
• Aggressive in pursuing opportunities and driving allocation excellence
• Innate curiosity, constantly looking internally and externally for better ways to do the job
• Ability to manage time and workload effectively with flexibility to shift focus/priorities at a moment's notice
• Excellent written and verbal communication skills
• Knowledge of retail math

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We are an Equal Opportunity Employer:
Belk is an equal-opportunity employer committed to providing a workplace free from harassment or discrimination. All employment decisions are to be made without regard to race, color, age, sex, gender identity, sexual orientation, hair style, hair texture, religion, marital status, pregnancy, national origin/ancestry, citizenship, physical/mental disability, genetic information, military/veteran status, or any other basis prohibited by law.