What are the responsibilities and job description for the Demand and Inventory Analyst position at Slumberland Furniture?
Since day one, back in 1967, Slumberland Furniture has valued love, dignity, and respect. Being a family-owned company, we are proud to offer a kind, friendly, and supportive atmosphere where we share a common goal. Our goal is to provide an exceptional customer experience and quality furniture for a great price. We are excited and grateful for you to consider a rewarding and lucrative career with Slumberland Furniture!
Primary Objective & Scope of Position:
The Demand and Inventory Analyst is responsible for optimizing the flow of merchandise across the supply chain by forecasting demand, managing inventory levels, and generating actionable business insights. This role blends forecasting, inventory planning, and data analytics to ensure the right products are in the right place at the right time while supporting sales, margin, and turn goals.
Essential Functions and Accountabilities:
Demand Planning
- Maintain SKU-level forecasts using statistical models and business inputs.
- Forecast promotional lifts, seasonal patterns, and event buys.
- Model new product introductions, discontinuations, and lifecycle transitions.
- Collaborate with Merchandising on sales targets, assortment strategies, and pricing changes.
Inventory Planning & Replenishment
- Maintain DC inventory levels to an in-stock % and GMROI targets.
- Calculate reorder points, safety stock, and weeks of supply.
- Create, edit, and approve purchase orders based on forecast, lead times, and vendor constraints.
- Monitor late shipments, vendor fill rate, and lead time changes.
- Manage aging, excess, and discontinued inventory through proactive mitigation.
- Collaborate with warehouse slotting and receiving prioritization as needed.
Demand & Business Analytics
- Analyze category sales, trends, and drivers (mix, price, promotions), using dashboards and KPIs. Identify patterns that impact future demand (economic, competitive, weather, marketing).
- Provide insights to Merchandising, Finance, Stores, and senior management.
Communication and Collaboration
- Use and support the operating excellence tools: work strategy, work structure, work improvement, meeting compass & problem solving documents.
- Establish and maintain strong relationships with the business and core teams.
- Attend and contribute to meetings with the current team and additional teams, as necessary to support business needs.
Demand and Inventory Analyst Job Benefits
- Starting Pay Range $64,000 to $75,000 annual salary
- Full Benefits Package: Medical, Dental, Vision, and more
- Up to 3 weeks of paid time off in your first year, plus 24 hours of PTO given on first day
- 401K Retirement and Profit Sharing
- Yearly bonus potential
- Tuition Reimbursement, Training & Career Development, Advancement Opportunities
- Potential Franchise Ownership
- No-cost mental health and wellbeing support through our Employee Assistance Program
Qualifications:
- Bachelor's degree preferred (Supply Chain, Business, Analytics, Economics, Math).
- Advanced Excel skills; exposure to SQL or BI tools preferred.
- Forecasting experience a plus; regression, moving averages, seasonality.
- Retail or consumer goods experience strongly preferred.
- Analytical and data-driven
- Strong communication (verbal written)
- Willingness to problem solve
- Cross-functional collaboration
- Attention to detail with strategic thinking
- Initiative and ownership mindset
Salary : $64,000 - $75,000