Analyst - Inventory Management

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.

About Lowe’s India: At Lowe's India, we are the enablers who help create an engaging customer experience for our $97 billion home improvement business at Lowe's. Our 4000+ associates work across technology, analytics, business operations, finance & accounting, product management, and shared services. We leverage new technologies and find innovative methods to ensure that Lowe's has a competitive edge in the market.

To know more about Lowe's India, visit Lowes.co.in

About the Team

Inventory Replenishment team is responsible for executing inventory replenishment processes, performing data analysis and generating business reporting to ensure inventory flows smoothly within the network while maintaining the business KPIs like In-Stock, Processing Speed, Operaional Efficiency, etc. as per business agreement.

I. Job Summary:

Inventory Analyst Is responsible for analyzing replenishment data and making key decisions to manage inventory needs to drive sales and return on investment. This role is the subject matter expert on fulfillment systems and execution and leads process improvement projects in support of the Inventory Replenishment Manager. In collaboration with the Replenishment Manager proactively manage key performance metrics, including root-cause analysis and solution recommendations to ensures order flow meets designated capacity constrains throughout the supply chain. Analyze and solve JDA ordering exceptions such as no sourcing, failed load out of bounds, no cost, unit of measure, etc.

II. 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.
• Key skillsets must include the ability to collaborate with cross-functional teams, manage complex systems and processes.
• Generate and publish late po tacking reports to respective business teams.
• Manage distribution and store constraints for effective inventory flow.
• Perform root cause analysis on instock position, investigate and provide insights on core drivers of Instock
• Extend support for command center ensuring insights and actionable are shared.
• Prepare KPI report and summary for weekly business review meetings.

III. Years of Experience:

3+ years of Inventory Management or Supply Chain operations experience required.

IV. Education Qualification & Certifications (optional)

Required Minimum Qualifications :

• Bachelor’s degree in business, Supply Chain, Logistics, Industrial Engineering Or
• MBA or master’s degree in supply chain preferred.

V. Skill Set Required

Primary Skills (must have)

• Must have strong analytical skills
• Experience with JDA fulfillment
• Sense of urgency, critical thinking
• Understanding of distribution network
• Experience in Data mining and visualization tool such as SQL, MS Access, VBA and Excel
• Excellent writing and communication skills, including the ability to develop analytical documents for presentation to management