Replenishment Analyst Job Description
Replenishment Analyst Duties & Responsibilities
To write an effective replenishment analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included replenishment analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Replenishment Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Replenishment Analyst
List any licenses or certifications required by the position: APICS, NAPM, CPIM
Education for Replenishment Analyst
Typically a job would require a certain level of education.
Employers hiring for the replenishment analyst job most commonly would prefer for their future employee to have a relevant degree such as Collage and Bachelor's Degree in Business, Statistics, Engineering, Finance, Education, Supply Chain Management, Business/Administration, Economics, Math, Management
Skills for Replenishment Analyst
Desired skills for replenishment analyst include:
Desired experience for replenishment analyst includes:
Replenishment Analyst Examples
Replenishment Analyst Job Description
- Provide Ad Hoc reporting as requested from multiple levels within the organization
- Provide support to P&A Team
- Responsible for weekly execution of automatic replenishment allocation
- Forecasts AR items through review of demand by store and space allocation to ensure in-stock position
- Manages the distribution flow by taking into consideration sales demands, inventory levels by door, order cycles, lead time for orders, space and warehouse lead time and allocation time of merchandise
- Responsible for maintaining and reviewing for improvement in-stock levels at store and DC
- Follows up with Vendors on replenishment of out-of-stock skus
- Reviews Model Stocks on a Quarterly basis by SKU/Store combination and makes adjustments where necessary
- Establishes min/max of AR items
- Determines and recommends case pack sizes with Supply Chain/Merchant by vendor/SKU requirements
- BS in Retail or business related field preferred
- Completion of a 4-year Bachelors Degree in Business or a related
- Maintains SKU data integrity in partnership with Data Steward
- Identifies process improvement opportunities and recommends solutions
- Acts as primary contact for merchandising, stores, and vendors
- Manages store requests to the service level agreement
Replenishment Analyst Job Description
- Recommends actions for unproductive inventory to include aged inventory and excess weeks-of-supply in store and DC
- Produces and distributes vendor scorecard for AR
- Reviews purchase order exception reporting to confirm status of open orders and delivery
- Sets parameters for system to release purchase orders
- Ensures the correct balance of inventory between retail and direct channels to maximize sales
- Responsible for order frequency simulations for all channels
- Analyzes SKU level performance on a weekly basis to make recommendations on mark downs for slow sellers, additional buys for best sellers, and promotional opportunities for overstocked items
- Responsible for presenting those recommendations in the weekly performance review
- Collaborates with the Assortment/Item Planner to determine the demand by channel to achieve company financial goals
- Use judgment based on forecasts, historical movement and current trends
- 2+ years of successful replenishment and analytical experience in a retail organization
- Proven analytical & technical skills with advanced knowledge of Windows, Excel, Access and Word
- Kodiak Microsoft Word/Excel Avant JDA AS/400• Kodiak Microsoft Word/Excel Avant JDA AS/400
- Collaborate with the Purchasing and Marketing team, and the Distribution center
- Manage timely replenishment
- Process and review Weekly Replenishment Orders for stores
Replenishment Analyst Job Description
- Develop overall understanding of the Merchandise and Supply Chain business and the processes and tools being leveraged to fulfill their required capabilities
- Monitor vendor performance and compliance
- Work with team to verify that financial receipt plan supports approved flow strategy
- Ensures the Replenishment and CPFR Applications are operational and support the business processes
- Identifies, solves and communicates Replenishment & CPFR issues by assembling and analysing available information
- Plays an active role in analysing and developing new tools and processes to assist Replenishment Analysts and Management in making more informed replenishment decisions
- Defines and improves Replenishment processes to execute the solutions to solve business problems capitalizing on opportunities as they arise
- Supports business to business improvements by engaging with Suppliers and/or Replenishment Analysts to improve communication and data flow to achieve improved Metrics (OMSL, Turns, Average Inventory, Receipts, Standing Orders)
- Supports changes to JDA Collaborate to attain commitment from Suppliers to our CPFR processes
- Participates in CTR strategic initiatives (analysis, design, testing, implementation) by providing Subject Matter Expertise to CTC stakeholders in Replenishment processes and applications
- A four year degree in Math, Computer Science, Business, or Statistics is preferred
- Inventory management and forecasting experience desired, but not required
- Background working in or supporting Oracle Retail Predictive Application Server (RPAS) is preferred
- Four year degree in Math, Computer Science, Business, or Statistics is preferred
- An understanding of the VF Replenishment system
- College degree, business major preferred, or comparable experience
Replenishment Analyst Job Description
- Pro-actively anticipates barriers to change, communicates to management these issues, and makes recommendations in order to overcome these barriers
- Presents project updates, findings and recommendations to key stakeholders
- Execute store replenishment for promotional items from warehouses to stores
- Assist the Manager, Inventory Replenishment in developing updated replenishment models to enhance replenishment decisions
- Follow appropriate allocation and replenishment models for inventory placement, (eg
- Collaborate with suppliers and team members to ensure preplanning activities related to inventory needs are completed, by developing/implementing coverage direction for each supplier
- Analyze current and historical inventory and sales performance, and make appropriate recommendations by identifying and adjusting replenishments factors such as, min
- Monitor and maintain the integrity of inventory databases on a regular basis
- In conjunction with the Retail Marketing Manager and the Buyers/Planners, ensure promotional readiness and in-stock of key items
- Provide direction and guidance to Suppliers with regards to the ‘Sears Way’
- Proficient in Retail Link, ADF, SAP, Microsoft Office
- University degree in Industrial Engineering, Logistics, Business or equivalent experience
- Over 2 years of logistics experience, including knowledge of replenishment processes
- Passion for building and maintaining best in class replenishment processes and systems
- Demonstrated ability to quickly grasp the essence and the underlying structure of new concepts
- Demonstrated ability to establish and maintain effective relationships with customers, and gain their trust and respect
Replenishment Analyst Job Description
- Collaboration with suppliers and team members to ensure preplanning activities related to inventory needs are completed, by developing/implementing coverage direction for each supplier
- Leverage point of sale data to forecast trends, , in-stock levels in order to determine the impact on supply chain key performance indicators
- Monitor and track sell through performance to provide information to supply chain and commercial team
- Perform pre and post promotional analysis in order to improve future promotional performance forecast accuracy
- Utilize/validate Customer Data (POS and Customer Forecast, EDI 852 data) in development of CP shipment forecast
- Monitor monthly service/logistics and financial KPI’s for Target and identify specific opportunities for improvement
- Develop appropriate relationships at Target and actively follow up to ensure maximum effectiveness on forecasting and inventory management initiatives
- Provide regular communication and analysis of business results to supply chain, Customer Alliance Management and Customer Development Team
- Continued development, enhancement, and implementation of CPFR Best Practices
- Serve as liaison between CDO and Customer Service to assure strong execution of the order fulfillment process
- Demonstrated ability to operate effectively in a fast paced environment with tight deadlines
- Displays effective communication skills and is confident presenting to internal and external stakeholders
- Assisting in merchandising, inventory management, and assortment expansion for key existing and new brands
- Providing recaps and analysis to support buying process
- Helping assess and identify brand and category opportunities
- Tracking performance of key styles and recommending reorders to ensure even stock levels