3 - 8 years

5 - 10 Lacs

Posted:1 week ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

For more information, visit Lowes.com .
About Lowe s India:
To know more about Lowes India, visit Lowes.co.in
About the Team
The Inventory Replenishment team plays a vital role in ensuring smooth inventory flow across the network. Their primary responsibility involves replenishing the appropriate quantities by analyzing sales trends, current inventory levels, and pipeline stock. They focus on maintaining key performance indicators (KPIs) such as in-stock levels, weeks of supply, and enhanced margins through operational efficiency
Job Summary:
Use the sample functions below to help you fill in the Job Summary box. Use these functions as starting points or create your own.
Sample Manager functions to elaborate on : executing direction from leadership, delivering results that align with strategic objectives, communicating critical information to other teams, managing vendor relationships, developing processes that align to organizational goals, specific technical skills required for managing a process.
The Inventory Analyst focuses on executing Inventory Management processes within a specific Business Area, driving improvements in KPIs like In-stock% and Weeks of Supply to boost sales. The role involves understanding fulfillment systems, supporting process improvement initiatives, managing key metrics through root-cause analysis and solutions, and ensuring order flow aligns with supply chain capacity. Additionally, it includes addressing system and process exceptions (e.g., no sourcing, failed load, no cost) by following SOPs and identifying opportunities to become a subject matter expert in business operations
Roles & Responsibilities:
Core Responsibilities:
  • Creates inventory flow solutions by providing support, guidance, and problem solving to cross-functional teams
  • Leads root cause analysis, purchase order management, and key performance metrics monitoring to direct inventory flows within capacity constraints
  • Conducts trend analysis (i.e. Pipeline reporting) and initiates product flow contingency plans by proactively managing Replenishment Program settings
  • Track and report significant changes in order releases and provide necessary data in making decisions
  • Key skillsets must include the ability to collaborate with cross-functional teams, manage complex systems and processes
  • Perform root cause analysis on in-stock position, investigate and provide insights on core drivers of Out of stocks
  • Prepare KPI report and summary for weekly business review meetings
  • Regularly review inventory health to adapt allocations and maintain seamless ordering
  • Address gaps in the ordering process to avoid stock shortages while ensuring efficient allocation that prevents overstocking. Continuously analyze demand patterns and historical data to align inventory with projected requirements
  • Able to build strong Process & Systems knowledge and provide meaningful recommendation
Years of Experience:
3+ years of Inventory Management or Supply Chain operations experience required
Education Qualification & Certifications (optional)
Required Minimum Qualifications :
List the education, certification, and work experience for an incumbent in the job. Enter the Minimum Qualifications and Preferred Qualifications as directed, and delete the areas not used.
List the education, certification, work experience and skills required to minimally qualify an individual for the job.
  • 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)
  • Must have strong analytical skills
  • Sense of urgency, critical thinking and Logical reasoning
  • Understanding of distribution network
  • Experience in interpretation of Data and visualization tool such as SQL. PowerBI and Excel
  • Strong communication skills ability to comprehend, articulate and seamlessly communicate locally and globally
  • Data Analysis ability to leverage data, information and visuals to make day to day decisions
Secondary Skills (desired)
  • Experience with JDA fulfillment

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Lowes Services India Private limited logo
Lowes Services India Private limited

Retail / Home Improvement / Technology Services

Chennai

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