1 Inventory Analyst Job in Lynnwood, WA
Zumiez is Hiring an Inventory Analyst Near Lynnwood, WA
Job Title
Men's Apparel Inventory Analyst
Job Description
Job Title
Men's Apparel - Inventory Analyst
FLSA Status
Hourly, Non-Exempt
Reports To
Buyer
Hourly Wage
$28.85
Effective Date
April 2024
Department
Buying
Schedule
Full-time
Position Purpose:
The Inventory Analyst is a critical position to the operation of the buying department. You will collaborate with your buying partners by providing them guidance on Open-to-Buy budgets and optimized assortment plans. You will be a key contributor in finding ways to maximize the business while remaining fiscally responsible. You will engage in projects that will require you to leverage your deep sense of curiosity and analytical skillset to maximize the customer experience.
Essential Functions:
- Support company and organizational initiatives and projects through individual contribution and collaboration with cross-functional partners.
- Prepare daily, weekly, monthly, sales reporting.
- Maintaining and updating assortment planning tools.
- Generate insights and visibility that help to maximize business opportunities and decision making through informed and data-driven forecasting and modeling.
- Review in-season metrics and track performance against plan, working with the appropriate teams to help achieve seasonal plans.
- Identify deviations from forecasted results and other variances and timely resolve or make recommendations for any issues.
- Managing inventory targets.
- Ad hoc assignments and projects as required.
Qualifications and Requirements:
- Bachelor's degree in business, supply chain, retail merchandising, or related field, or equivalent combination of education and experience preferred.
- Understanding and application of "retail math" and business analysis
- Strong time management and organizational skills
- Ability and willingness to work hard in a fast-paced, multi-tasking environment both independently and as part of a team
- Ability to think critically and solve problems
- Excellent verbal and written communication skills
- Proficient with Microsoft Office Suite.
- Strong data analysis skills and ability to use visualization tools such as Excel, SQL, and Power BI preferred.
- High attention to detail
- Travel to domestic markets and national events required
Preferred Education and Experience:
- 1 to 3 years retail experience
- Bachelor's degree preferred or combination of equivalent education and work experience.
Physical Demands and Work Environment:
- Ability to sit at a workstation in an office environment for extended periods of time and work on a PC without limitations.
- Ability to move about, sit, bend, and squat in an office environment to access files and gather information.
- Occasional travel to Zumiez stores, and events.
This Full-Time role is Benefit Eligible and offers the following
- Health, vision, and dental insurance following an initial wait period.
- Basic life insurance and supplemental voluntary life insurance
- Disability insurance
- 401(k) plan
- Employee stock purchase plan
- Paid parental leave
- Vacation
- Sick leave
- Employee Assistance Program
- Healthcare Flexible Spending Account (FSA)
- Dependent Care Flexible Spending Account (FSA)
- Zumiez merchandise discount
Compensation for Role in addition to Base Salary
- Bonus eligibility
- Equity eligibility
ACKNOWLEDGMENT
Employee signature below constitutes employee's understanding of the requirements, essential functions, and duties of the position.
Job Title
Men's Apparel Inventory Analyst
Job Description
Job Title
Men's Apparel - Inventory Analyst
FLSA Status
Hourly, Non-Exempt
Reports To
Buyer
Hourly Wage
$28.85
Effective Date
April 2024
Department
Buying
Schedule
Full-time
Position Purpose:
The Inventory Analyst is a critical position to the operation of the buying department. You will collaborate with your buying partners by providing them guidance on Open-to-Buy budgets and optimized assortment plans. You will be a key contributor in finding ways to maximize the business while remaining fiscally responsible. You will engage in projects that will require you to leverage your deep sense of curiosity and analytical skillset to maximize the customer experience.
Essential Functions:
- Support company and organizational initiatives and projects through individual contribution and collaboration with cross-functional partners.
- Prepare daily, weekly, monthly, sales reporting.
- Maintaining and updating assortment planning tools.
- Generate insights and visibility that help to maximize business opportunities and decision making through informed and data-driven forecasting and modeling.
- Review in-season metrics and track performance against plan, working with the appropriate teams to help achieve seasonal plans.
- Identify deviations from forecasted results and other variances and timely resolve or make recommendations for any issues.
- Managing inventory targets.
- Ad hoc assignments and projects as required.
Qualifications and Requirements:
- Bachelor's degree in business, supply chain, retail merchandising, or related field, or equivalent combination of education and experience preferred.
- Understanding and application of "retail math" and business analysis
- Strong time management and organizational skills
- Ability and willingness to work hard in a fast-paced, multi-tasking environment both independently and as part of a team
- Ability to think critically and solve problems
- Excellent verbal and written communication skills
- Proficient with Microsoft Office Suite.
- Strong data analysis skills and ability to use visualization tools such as Excel, SQL, and Power BI preferred.
- High attention to detail
- Travel to domestic markets and national events required
Preferred Education and Experience:
- 1 to 3 years retail experience
- Bachelor's degree preferred or combination of equivalent education and work experience.
Physical Demands and Work Environment:
- Ability to sit at a workstation in an office environment for extended periods of time and work on a PC without limitations.
- Ability to move about, sit, bend, and squat in an office environment to access files and gather information.
- Occasional travel to Zumiez stores, and events.
This Full-Time role is Benefit Eligible and offers the following
- Health, vision, and dental insurance following an initial wait period.
- Basic life insurance and supplemental voluntary life insurance
- Disability insurance
- 401(k) plan
- Employee stock purchase plan
- Paid parental leave
- Vacation
- Sick leave
- Employee Assistance Program
- Healthcare Flexible Spending Account (FSA)
- Dependent Care Flexible Spending Account (FSA)
- Zumiez merchandise discount
Compensation for Role in addition to Base Salary
- Bonus eligibility
- Equity eligibility
ACKNOWLEDGMENT
Employee signature below constitutes employee's understanding of the requirements, essential functions, and duties of the position.
Job Summary
Full Time
Retail
$66k-85k (estimate)
04/11/2024
06/10/2024
zumiez.com
DENVER, CO
7,500 - 15,000
1978
Public
ERIC ACKERMAN
$500M - $1B
Retail
Related Companies
About Zumiez
Zumiez is a clothing store.
The following is the career advancement route for Inventory Analyst positions, which can be used as a reference in future career path planning. As an Inventory Analyst, it can be promoted into senior positions as a Supplier Inventory Senior Analyst that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Inventory Analyst. You can explore the career advancement for an Inventory Analyst below and select your interested title to get hiring information.
If you are interested in becoming an Inventory Analyst, 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 Analyst for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Inventory Analyst job description and responsibilities
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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 Analyst jobs
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Step 3: View the best colleges and universities for Inventory Analyst.
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