What are the responsibilities and job description for the Associate Inventory Planner position at Lowes?
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Your ImpactThe Associate Inventory Planner is responsible for developing and implementing inventory strategies for a group of product categories that support both merchandising strategies and financial objectives. Responsible for creating and implementing item level inventory plans for both Stores and Ecommerce, achieving desired in-stock levels and planned inventory turns. The Inventory Planning Analyst will work closely with cross functional teams including but not limited to merchants, vendors, transportation and distribution to deliver desired results
What You Will Do
- 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 in-stock levels are achieved
- Monitor inventory pipeline, anticipate and proactively communicate issues, and develop mitigation plans for any pipeline gaps
- Translate strategy into tactics, enabling execution
- Drive inventory and replenishment strategies to support assigned categories including resets, promotions, events, seasonal /entry and exit, etc.
- 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
Minimum Qualifications
- Bachelor’s degree A bachelor’s degree required or equivalent combination of education and related experience or equivalent years of experience in lieu of education requirement, if applicable
- 2 years experience in demand, merchandise planning, replenishment or a related field
About Lowe’s
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 100 home improvement company with total fiscal 2025 sales of more than $86 billion. Lowe’s employs approximately 300,000 associates and operates over 1,750 home improvement stores, 540 branches and 120 distribution centers. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need. 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.