What are the responsibilities and job description for the Sr Inventory Analyst Beauty Services position at Ulta Beauty, Inc.?
OVERVIEW
Discover greater levels of performance. With over 1,200 stores throughout the U.S., Ulta Beauty is revolutionizing the beauty retail experience. With new stores coming online on a continual basis and the re-engineering of existing locations with the latest design and technological advancements for heightened guest experiences, we’re not just growing, we’re thriving. Through consistent innovation and a bold commitment to reimagination. If you want the opportunity to build something strategic, to take ownership of your career trajectory, to apply your passion to operational excellence, Ulta Beauty provides the kind of stability and support few organizations can match. So be curious. Be flexible. Be more than you thought possible. The future is yours at Ulta Beauty.
THE IMPACT YOU CAN HAVE
The Senior Inventory Analyst is responsible for implementing and executing an efficient and profitable replenishment strategy to achieve sales, selling margin, and inventory goals in conjunction with cross functional partners to drive business strategies. They will manage the allocation and replenishment of designated product category(s) to maintain an in –stock standard while achieving planned inventory financial objectives.
They will drive the business forward through process improvement and consistent re-evaluation of strategies.
YOU CAN ACCOMPLISH THESE GOALS BY:
- Partner with category managers to develop and execute an inventory strategy to support sales, and launches
- Create purchase orders for all ads, events including weekly replenishment and promotional orders leveraging forecasts.
- Maintain a healthy inventory position by reviewing In-stock DC levels and item usage rates
- Provide analytics/insights to support business decisions to optimize sales and productivity, utilizing weekly reporting metrics to make informed decisions.
- Communicate with brand partners to understand inventory constraints and anticipate potential risks.
- Participates in continuous improvement projects to support company and salon operations departmental growth, process improvement, and new ways of working.
- Own negotiation and sourcing partnerships with sundry vendors
ADDITIONAL RESPONSIBILITIES:
- Develop and support ongoing inventory program for top sales salons
THE ESSENTIALS FOR SUCCESS
- Bachelor’s degree preferred, or relevant work experience required
- 2-4 years of experience in merchandise planning, inventory or buying/category experience preferred
- Forecast and Replenishment system knowledge preferred
- Ability to work with large amounts of data into trends and develop accurate and actionable insights based on the data
- Strong collaborator with both internal partners and external brand partners
- Demonstrate excellent verbal and written communication skills as well as strong listening skills
- Strong Microsoft Office skills with solid proficiency in usage of Excel. Working knowledge of SAP or JDA a plus
- Process improvement advocate, desire to conduct stretch assignments to improve our team and departmental processes
- Excellent organizational skills with a strong eye for detail, and capable of multi-tasking
- Strong problem solving, retail math, and analytical skills
- Strong work ethic, ability to meet tight deadlines/thrive in fast-paced environment
#LI-JR
#LI-Hybrid
The pay range for this position is $66,200.00 - $73,000.00 / Year with the opportunity for eligible associates to earn additional compensation pursuant to the Company’s bonus plan. Exact pay will be based on factors including, but not limited to relevant education, qualifications, certifications, experience, level, shift, geographic location, and business and organizational needs. Full-time positions are eligible for paid time off, health, dental, vision, life and disability benefits. Part-time positions are eligible for dental, vision, life, and disability benefits. For additional information concerning our benefits, visit our Benefits and Career Development page: https://learn.bswift.com/ulta
ABOUT
At Ulta Beauty (NASDAQ: ULTA), the possibilities are beautiful. Ulta Beauty is the largest North American beauty retailer and the premier beauty destination for cosmetics, fragrance, skin care products, hair care products and salon services. We bring possibilities to life through the power of beauty each and every day in our stores and online with more than 25,000 products from approximately 500 well-established and emerging beauty brands across all categories and price points, including Ulta Beauty’s own private label. Ulta Beauty also offers a full-service salon in every store featuring—hair, skin, brow, and make-up services.
We will consider for employment all qualified applicants, including those with arrest records, conviction records, or other criminal histories, in a manner consistent with the requirements of any applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York City Fair Chance Act.
Salary : $66,200 - $73,000