Merchandise Analyst

Merchandise Analyst at Big Lots Merchandise Analyst at Big Lots in Columbus, Ohio Posted in 4 days ago.

Type:

full-time

Job Description:

A developmental position which provides the opportunity to learn and master the skills and qualities required of a Merchandise Analyst. Being the entry level position in Allocation, duties and responsibilities are allocating merchandise in a manner that supports the achievement of the company's sales, turn and margin objectives, but may be performed with supervision from senior members of the team.

Description:

Allocate inbound merchandise and DC inventory based upon sales performance, trends, lost sales opportunities, and specific merchant category strategies. Maintain inventory balance by store across the chain. Coordinate with buyer and planner to ensure stores have appropriate minimum quantities to both present the product correctly and support advertising. Ensure new stores are allocated the correct assortment and inventory levels to support the category sales plan and any unique store characteristics. Provide observations, conclusions and recommendations to the buyer, planner, and director, based on comparing actual results to the forecast, for the purpose of improving future allocation strategies. Achieve annual sales dollar and inventory turn targets for assigned product areas at chain level. Actively collaborate and communicate with the cross-functional team to meet goals, complete tasks and solve problems. Demonstrate strong analytical skills and the ability to recognize trends and prioritize workload. Support buyers and planners with any requested ad hoc analysis, with a focus on providing data-driven observations, conclusions and recommendations.

Qualifications:

College degree, required. One to two years of retail, business analysis or business planning experience. Excellent communication skills, both oral and written. Strong analytical and evaluative skills, including the ability to prioritize, recognize trends and problem solve. System capable in spreadsheet, word processing, analytical and data warehouse tools. Capable of learning new processes and tools quickly. Capable of achieving business results through cross-functional team-work.