Analyst - Excess Inventory

Job Description

About Lowe’s Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2024 sales of more than $83 billion, Lowe’s operates over 1,700 home improvement stores and employs approximately 300,000 associates. 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. About The Team The Inventory replenishment team is responsible for interpretation and execution of the inventory plans for respective business categories. They analyze replenishment data and make key decisions to manage inventory needs to drive sales and return on investment. Team provides key inputs and validation of inventory fulfillment plans as the primary contact for the Supply Chain Planners. In collaboration with the key stakeholders within the supply chain, they proactively manage key performance metrics, including root-cause analysis and solution recommendations to ensures order flow meets designated capacity constrains throughout the supply chain. Replenishment collaborates with cross-functional teams, manage complex systems and processes, and provide customer support. Job Summary The primary purpose of this role is to analyze and communicate actionable insights about the inventory positions within the supply chain network. This role will deep dive using current and created datasets to identify where excess & Aged inventory is present and work with the internal and US based team to create recommendations and communicate to the appropriate stakeholders on the best course of action to correct. Roles & Responsibilities Core Responsibilities: Leverage existing reporting to as a starting point for further insights and align actionable insights to the appropriate stakeholder groups while recommending ways to improve all existing reporting Perform in-depth analysis into inventory issues regarding WOS, excess, non-stocked items, inactive items, Safety stock and ordering patterns Provide insight & actionable suggestions resulting from the in-depth inventory analysis Provide analysis, insights, and suggestions, and about what products and volume reside on the facilities yards, in the buildings, on order, and in process across all networks and respective buildings Analyze Create further insights on high WOS/OH/OO as it relates to events like resets, holidays, ads, exit strategies appropriate stakeholders to solve excess inventory and other network capacity issues Access and utilize data sources for ad-hoc insights when/where it does not make sense to leverage our partnered data groups Assist with any Special & Tier 1 event PO tracking and analysis as needed by the team Years Of Experience Overall 3+ years of Experience 3+ years of experience in Supply chain & Inventory Management Education Qualification & Certifications (optional) Required Minimum Qualifications Bachelor’s degree in business, Supply Chain, Logistics, Industrial Engineering Or MBA or master’s degree in supply chain preferred. Skill Set Required Primary Skills (must have) Experience in Data mining and visualization tool such as PowerBI, SQL, VBA and Excel Proficient in retail math & supply chain costs Ability to manage multiple tasks/projects simultaneously Highly organized, detail-oriented and accurate to make data driven decision Working knowledge of Merchandising decision-making tools for Suppliers, Items and Sourcing to include financial determinations Familiar with Inventory Management, Planning, Forecasting, and Transportation processes and systems Excellent writing and communication skills, including the ability to develop analytical documents for presentation to management Excellent problem-solving skills Secondary Skills (desired) MS Access, Power Apps, Python Prior analytical experience BYFF - JDA Demand & Fulfillment experience 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. Starting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience. For information regarding our benefit programs and eligibility, please visit https://talent.lowes.com/us/en/benefits. Show more Show less