Allocation Analyst Inventory - In Office
Job Summary:
The Allocation Analyst is responsible for supporting the creation, execution and communication of the allocation strategies that support merchandising and financial targets.
Key Responsibilities:
• Analyze selling trends by store/sku level to make recommendations to merchandise and planning teams regarding assortments, presentation quantities, and overall inventory needs.
• Execute initial inventory release, while proactively replenishing based on sales at the item level (daily, weekly).
• Analyze selling trends by store/item level to make recommendations to buying team regarding assortments, presentation quantities, and overall inventory needs.
• Validate presentation minimums to ensure enough inventory is available to support planned events: promotions, catalog and print marketing efforts, specific store needs and floor placements.
• Execute timely and accurate initial and replenishment distributions that support divisional inventory goals by store.
• Partner with Planner to evaluate product needs at all levels. Bubble up all concerns and recommend solution.
• Provide data and recommendations to influence the development of department/item level plan.
Required Qualifications:
• Bachelor’s degree in Business, Operations, or related field (or equivalent work experience in related field)
• 3 years inventory or merchandising experience
About Lowe's
Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 17 million customer transactions a week in the U.S. With total fiscal year 2022 sales of over $97 billion, approximately $92 billion of sales were generated in the U.S., where 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 and helping to develop the next generation of skilled trade experts. For more information, visit Lowes.com.
EEO Statement
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.Pay Range for CA, CO, NJ, NY, WA: $56,400.00 - $94,000.00 annually
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.
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