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Lowe's
Mooresville, NC | Full Time
$63k-79k (estimate)
3 Weeks Ago
Inventory Planner
Lowe's Mooresville, NC
$63k-79k (estimate)
Full Time | Business Services 3 Weeks Ago
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Lowe's is Hiring an Inventory Planner Near Mooresville, NC

Key Responsibilities:
  • Responsible for implementing and maintaining item/location level inventory plans for a group of product categories
  • Manage monthly forecasts cycle for product categories
  • Collaborate with suppliers to ensure inventory strategies are aligned
  • Partner with replenishment team to ensure proper execution of inventory plans, ensuring desired instock levels are achieved
  • Monitor inventory pipeline, anticipate and proactively communicate issues, and develop mitigation plans for any pipeline gaps
  • Drive inventory and replenishment strategies to support assigned categories including resets, promotions, events, seasonal /entry and exit, influencing cross functional stakeholders
  • Subject matter expert in planning / replenishment systems and thus utilize system capabilities to drive
inventory to right location in the right quantity to support sales while also improving inventory productivity
  • Analyzes business performance, develops insights and translates into strategies to drive sales and inventory productivity
  • Monitor and report on important changes and/or challenges in a timely manner to support sales and financial objectives
Required Qualifications:
  • Bachelors Degree is required or equivalent combination of education and related experience
  • 4 years experience in demand, merchandise planning, replenishment or a related field
Preferred Qualifications:
  • Proficient in Microsoft Excel and MS office
  • Strong analytical skills
  • Self-driven and highly motivated
  • Approaches problems with curiosity and is solution oriented
  • Strong communication skills, both written and oral
  • Capability to multitask in a fast-paced environment

About Lowe’s

Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2023 sales of more than $86 billion, Lowe’s operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. For more information, visit Lowes.com.

Lowe’s is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.

Starting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience. For information regarding our benefit programs and eligibility, please visit https://talent.lowes.com/us/en/benefits.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Business Services

SALARY

$63k-79k (estimate)

POST DATE

04/17/2024

EXPIRATION DATE

05/01/2024

WEBSITE

lowe-re.com

HEADQUARTERS

ARLINGTON, VA

SIZE

7,500 - 15,000

FOUNDED

1972

TYPE

Private

CEO

RICK FAGERTY

REVENUE

$1B - $3B

INDUSTRY

Business Services

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Lowe Enterprises is a real estate investment firm based in Los Angeles.

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The job skills required for Inventory Planner include Planning, Communication Skills, Microsoft Excel, Promotion, Analytical Skills, etc. Having related job skills and expertise will give you an advantage when applying to be an Inventory Planner. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Inventory Planner. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Inventory Planner positions, which can be used as a reference in future career path planning. As an Inventory Planner, it can be promoted into senior positions as a Forecast Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Inventory Planner. You can explore the career advancement for an Inventory Planner below and select your interested title to get hiring information.

If you are interested in becoming an Inventory Planner, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Inventory Planner for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Inventory Planner job description and responsibilities

Planners are analyzing sales data, trends, and customer demands to create inventory forecasts.

04/20/2022: Charlotte, NC

Reviewing orders and shipping schedules to ensure that they meet legal requirements regarding the safe transport of merchandise.

06/03/2022: Fayetteville, AR

Developing policies and procedures for inventory management procedures, including how to handle damaged goods or expired items.

04/29/2022: Altoona, PA

Monitoring inventory levels to ensure that they remain within set parameters at all times and coordinating with suppliers to ensure timely delivery of raw materials or components to meet production schedules.

03/29/2022: Danbury, CT

Creating purchase orders for raw materials or components, based on production schedules and inventory levels.

04/29/2022: Monroe, LA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Inventory Planner jobs

Successful planners have the ability to think globally and strategically, with a perspective of the business beyond the SKU level.

05/31/2022: Chillicothe, OH

Planners must have the discipline and the ability to focus on a range of various SKU level details.

05/31/2022: Springfield, MO

A planner should have a pragmatic approach to decision making, using system recommendations and qualitative analysis to evaluate risk/reward scenarios and make the appropriate decisions that are aligned with the strategic goals.

03/20/2022: Davenport, IA

To become an effective inventory planner, you’ll need to have a solid understanding of math and statistics, as well as business processes and procedures.

05/09/2022: Cedar Falls, IA

Aspiring applicants must be able to effectively manage all of these different types of inventory items.

04/25/2022: Baltimore, MD

Step 3: View the best colleges and universities for Inventory Planner.

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