What are the responsibilities and job description for the Inventory Business Analyst position at Advance Auto Business Support (300)?
Job Description TEAM MEMBER WILL BE REQUIRED TO WORK FOUR DAYS A WEEK ONSITE AT OUR RALEIGH, NC HQ. Position Summary: We are seeking a strategic and results-driven Sr. Business Analyst to join our Inventory Process & Systems team. This analyst role is responsible for leading high-impact initiatives, mentoring team members, and shaping inventory strategies that drive operational excellence across our aftermarket auto parts retail network. The ideal candidate will bring deep expertise in inventory planning, data analytics, and cross-functional leadership. Key Responsibilities: Analyze inventory performance metrics (e.g., inventory turn, fill rate, stock-outs, aging inventory) to identify trends, risks, and opportunities. Collaborate with cross-functional teams including Supply Chain, Store Operations, Merchandising, Finance, and IT to align inventory strategies with business goals. Provide end-user support and training for inventory tools, ensuring consistent usage and adherence to best practices. Develop and maintain system documentation, training materials, and user guides to support onboarding, ongoing education, and process improvements. Coordinate with IT to troubleshoot system issues, implement upgrades, and test new features. Lead initiatives to improve inventory accuracy, reduce excess stock, optimize safety stock levels, and grow sales. Support the design and development of dashboards and reports to monitor key performance indicators (KPIs) and support executive decision-making. Conduct root cause analysis on inventory discrepancies and recommend corrective actions. Support system enhancements and process improvements related to inventory management tools and ERP systems. Provide mentorship and guidance to analysts and business managers and contribute to a culture of continuous improvement. Serve as a subject matter expert in inventory analytics and support management in strategic planning discussions. Education & Experience: Bachelor’s degree in Business, Supply Chain, Finance, or a related field. 5 years of experience in business analysis, preferably in inventory management or retail operations. Experience in the aftermarket auto parts industry is a strong plus. Technical Skills: Advanced proficiency in Excel, SQL, and data visualization tools (e.g., Power BI). Familiarity with ERP systems (e.g., Blue Yonder, Oracle) and inventory management software. Strong understanding of forecasting, demand planning, and supply chain principles. Soft Skills: Excellent analytical, problem-solving, decision making, and critical thinking skills. Strong communication and presentation abilities in multiple environments and group sizes Ability to be agile and manage multiple priorities in a fast-paced environment. Detail-oriented with a strategic mindset. Self-starter that can work collaboratively with limited oversight. #LI-AC1 California Residents click below for Privacy Notice: https://jobs.advanceautoparts.com/us/en/disclosures Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installers and do-it-yourself customers. As of October 5, 2024, Advance operated 4,781 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. The company also served 1,125 independently owned Carquest branded stores across these locations in addition to Mexico and various Caribbean islands. Additional information about Advance, including employment opportunities, customer services and online shopping for parts, accessories and other offerings can be found at www.AdvanceAutoParts.com.
