Associate Analyst - Assortment Planning

Job Description

About Lowe’s Lowe’s is a FORTUNE® 100 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 Merch Ops Analytics team supports the Assortment Planning function at Lowe’s to assist in item level planning across all Lowe’s stores. The team provides leverages advanced analytics to gather insights and share recommendations to the business in optimizing assortments via SKU Rationalization, Product Line Reviews and other strategic initiatives to ensure that Lowe’s stocks the right product in the right store in the right quantity Job Summary: The principle purpose of the Associate Analyst is to work with the senior team members in delivering impactful data driven analytics support to the Merchant organization. This position is responsible for following analytical best practices, accurately reporting and analyzing results and identifying insights for decision making. The Associate Analyst is responsible for developing an unbiased, holistic view of the key drivers of business performance. This is accomplished utilizing advanced tools and methods to leverage customer and transaction data. To accomplish this, the Associate Analyst must have decent knowledge of retail analytics. To be successful, the associate must be able to learn the data steps/ procedures/ formulae applicable in the main tool the scope of work desires. Displays awareness of usage of appropriate tool under respective given circumstances. Roles & Responsibilities: Core Responsibilities: Understands retail analytics and works effectively under the guidance of a Sr. Analyst and/or Lead Analyst to deliver impactful data driven analytics insights/recommendations Builds and/or validates recommendations based on sound methodology, data gathering, and data analysis; uses data driven conclusions and decisions to provide solutions Communicates observations and/or insights to the Sr. Analyst and/or Lead Analysts to help prepare analyses through leveraging multiple data sources Demonstrate resourcefulness and resilience in the face of change, obstacles, and adversity. This includes adapting to competing demands and shifting priorities. This also includes improving adaptability, pursuing new skills and knowledge, and regularly seeking feedback from others Years of Experience: 1-2 years Education Qualification & Certifications (optional) Required Minimum Qualifications : Bachelor's Degree in Business, Engineering, Statistics, Economics or any other Quantitative discipline Skill Set Required Primary Skills (must have) Ability to understand business problems and formulate solutions utilizing transaction, customer & product data Strong communication skills – ability to comprehend, articulate and seamlessly communicate with internal team and global partners Ability to create reports & presentations using MS Excel & MS Powerpoint Good attention to detail with numbers and formatting Basic knowledge of querying, transforming & filtering data using SQL Secondary Skills (desired) Basic knowledge of data analytics tools & techniques – Python, PowerBI Understanding of retail terminology and metrics Coding experience in any programming language (C, C++, Java, Python etc) 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.