
Inventory Optimization Specialist
2 weeks ago
We are seeking an experienced Inventory Optimization Specialist to join our team. This role will be responsible for ensuring accurate and timely product allocations to retail stores, identifying sales opportunities through data analysis, and providing actionable insights to optimize stock turns.
About the Role- Key Responsibilities:
- Allocate inventory to stores based on agreed schedules (e.g., state-by-state allocation by day).
- Adjust allocations in response to sales trends, events, and environmental factors (e.g., weather-driven demand spikes).
- Monitor sales performance at store level and highlight replenishment opportunities.
- Support planners with data-driven insights to maximize stock efficiency.
- Retail Support: Ensure promotional stock is allocated and monitored to meet customer demands.
- Liaise with warehouse teams to expedite urgent orders when required.
Must-Have
- 2–4 years of experience in inventory management, analytics, or a related field.
- Prior experience in multi-store or multi-channel retail operations.
- Excel Proficiency: Skilled in using intermediate formulas (XLOOKUP, SUMIFS, COUNTIFS, MROUND, CEILING, CONCATENATE).
- Stock Limit Management: Adept in setting and monitoring stock thresholds.
- Retail Math: Strong understanding of key metrics such as sell-through, weeks of supply, and margin analysis.
- Knowledge of inventory optimization principles and push-based inventory management.
- Analytical Ability: Strong numerical and problem-solving skills.
- Promotion Support: Experienced in planning for promotional events and launches.
We offer a competitive compensation package, comprehensive benefits, and opportunities for professional growth and development.
About UsWe are a leading wholesaler that designs, sources, and imports products from around the world for major retailers.
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