Inventory Optimization Analyst II

Inventory Optimization Analyst II Lennox International - 3.2 Richardson, TX Job Details Full-time 3 hours ago Benefits Career development plan Qualifications Project team coordination Statistics Assortment planning Microsoft Excel Qualitative analysis Mid-level Inventory management software Master's degree Product assortment enhancement Minitab Analysis skills Math Bachelor's degree Decision making Supply chain management Statistical modeling SAP APO Data-driven problem-solving Productivity software 1 year Supply chain optimization SPSS Continuous process improvement (CPI) Communication skills Data analysis software Full Job Description Lennox (

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LII) Driven by 130 years of legacy, HVAC and refrigeration success, Lennox provides our residential and commercial customers with industry-leading climate-control solutions. At Lennox, we win as a team, aiming for excellence and delivering innovative, sustainable products and services. Our culture guides us and creates a workplace where all employees feel heard and welcomed. Lennox is a global community that values each team member's contributions and offers a supportive environment for career development. Come, stay, and grow with us. This analyst assists in the application of statistical and qualitative methods to optimize inventory settings, policies and practices. In addition, the person in this position has the opportunity to work with the organization to communicate and validate strategic inventory assortment and working capital objectives. Duties include, but are not limited to: Apply statistical analysis and business knowledge to optimize inventory parameter setting. Contribute to inventory management policies and processes and support implementation across locations. Apply policies to determine and maintain store stock assortments. Contribute to standards to track and monitor inventory results relative to objectives. Coordinate with supply and demand planning to update key inventory parameters that drive the planning and execution systems. Requires a bachelor's degree or an equivalent combination of education and experience. Requires at least 1 year related experience. A master's degree or equivalent is preferred. Broad business acumen. Thorough understanding of inventory optimization analysis and best practices. Ability to apply appropriate statistical methods to large data sets. Understands how decisions impacts sales, attrition, working capital, and costs. Expert understanding of Supply Chain Management principles. Excellent decision-making and problem-solving skills. Excellent continuous improvement skills. Strong interpersonal and communication skills. Ability to coordinate a team environment. Proficient in standard Microsoft Office applications (Word, Excel, PowerPoint, and Access). Working knowledge of SAP ECC. Working knowledge of SAP APO or equivalent. Able to configure basic parameters contained within inventory optimization technology toolsets (SO99, i2, Manugistics, etc.). Basic understanding of standard statistical technology packages (SPSS, Minitab, etc.). Understands basic concepts of multi-echelon inventory optimization; measures output of optimization. May suggest changes. Understands lot size optimization mathematical models; able to measure output of configuration and may suggest changes.