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LB
Lucky Brands
Store Analyst
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Based on New Jersey data
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What they do
An Inventory Analyst tracks and processes orders and shipments, runs and interprets inventory reports, manages databases of inventory flow, stock and documentation. Develops new systems to optimize inventory turnover. Uses statistical models to predict inventory capacity.
$82,796 / year median in New Jersey
+12% projected growth
Job Description
Store Analyst Lucky Brands - 3.8 Lyndhurst, NJ Job Details $57,200 - $104,000 a year 1 hour ago Benefits Paid holidays Health insurance Dental insurance Vision insurance 401(k) matching Life insurance Qualifications Computer operation Basic math Full Job Description Overview The Store Analyst will support the execution of the company's financial plans (GMROI, sales, and margin) by reviewing store opportunities and strategically allocating product to drive business for departments. Ensure that all new fashion flows are flawlessly executed to provide a "best in class" experience for our customer. Respond and collaborate with the merchant, planner and field organization to guarantee appropriate mix, depth, and breadth of inventory at an individual store level. Responsibilities Assist with the inventory plan at the store level and/or alpha group Execute initial fashion flows, fashion replenishment, and transfers of products in order to maximize sales and optimize inventory. Achieve turn objectives at a department and/or division level Manage individual store inventory analyzing weeks on hand, weeks of supply, open to ship, balance of ownership relative to deliveries and flow. Manage continuous flow of inventory through DC in collaboration with DC partners Conduct supply chain pipeline review and call out inventory flow challenges Review product performance at style and region/district/store level (Dept/season/store/category/style/size) Pull reports and data for departmental use Attend weekly meetings with planning, allocation and merchant partners Provide feedback from stores relative to product that is underperforming or exceeding expectations. Ensure stores are clear on replenishment strategies, new flows, and preparation for future events. Manage allocations to support sales forecast, receipt flows, markdown strategies and future on order. Collaborate with Senior Store Analyst to understand weekly strategies and execute allocations to reflect these. Review depth and breadth of assortment, populate distribution sheets and present back to Allocation Manager Create, review and manage size scales with initial allocation for new deliveries and stores Qualifications Bachelor's degree preferred, or equivalent experience required (4+ years) 1-2 years of experience in related role (Inventory Management, Allocation Analyst, Stock, Inventory Analyst etc.) Store line sales or stock experience is a plus Possess strategic analysis skills Meets and strives to increase productivity standards; looks for ways to improve and promote quality