Inventory Analyst, Vendor Partner

Inventory Analyst, Vendor Partner

Overall Job Summary

This role is responsible for supporting and enhancing the joint business of a key vendor through management of inventory productivity. This includes maximizing the investment by effectively forecasting, purchasing, flowing, and allocating product. The Analyst leverages the power of data and tools to produce supply chain insights and opportunities at the shelf. The Analyst is diligent in the pursuit of joint business opportunities and maintains superior inventory metrics. The individual will drive both tactical and strategic supply chain initiatives between companies.

Essential Duties and Responsibilities (Min 5%)

• Inventory Management: Plan and execute inventory management functions, including product fulfillment, forecasting (including a longer-term forecast of the joint business for both companies and predicting future demand to the SKU level), and replenishment for a key vendor's business. Support new item entrance and exit strategies, analysis and execution.
• Inventory Productivity: Maximize inventory productivity at Distribution Centers and Stores for the vendor's business. Evaluate replenishment level opportunities and conduct analysis on service level targets, in-stock and inventory turn targets. Collaborate with key cross-functional teams (IM, merchandising, planning, transportation, and DC Operations) to ensure inventory levels align with financial goals. Identify opportunities for process improvement and recommend solutions to problems.
• Transportation: Serve as transportation liaison between TSC and vendor. Forecast trailer pool requirements based on the future demand projections along with PO tracking and communication.
• Reporting and Analysis: Monitor and report on key performance indicators (KPIs) for the vendor. Leverage data sets and tools to produce reports and analysis including vendor and item performance.
• Relationship Management: Build strategic relationship with vendor partner to ensure shared execution of goals. Communicate the collaborative vision and strategy with internal team.

Required Qualifications

Experience:

2 years' experience in forecasting / replenishment, supply chain analysis, demand planning, logistics or transportation, preferably in a retail environment (preferred).

Track record of consistent performance and ability to influence cross functionally

Education:

Bachelor's degree in supply chain management, logistics, finance, business, statistics or related field.

MBA or advanced degree is a plus

Any suitable combination of education and experience will be considered.

Professional Certifications: Certified in both Level 1 and Level 2 E3 training.

Preferred knowledge, skills or abilities

• Excellent office computer skills (Excel, Word, etc) and prefer experience with replenishment/forecasting systems (SAP, E3, Inforem, Intactix, etc)
• Data Mining, proven command of data warehouses
• Detail oriented and aptitude for analysis.
• Sound understanding of supply chain principles

Working Conditions

• Normal office working conditions
• Occasional travel to stores, distribution centers, and other business locations

Physical Requirements

• Sitting
• Standing (not walking)
• Walking
• Lifting up to 10 pounds

Disclaimer

This job description represents an overview of the responsibilities for the above referenced role. It is not intended to represent a comprehensive list of responsibilities. A team member should perform all duties as assigned by his/ her supervisor.

Company Info

At Tractor Supply and Petsense by Tractor Supply, our Team Members are the heart of our success. Their dedication, passion, and hard work drive everything we do, and we are committed to supporting them with a comprehensive and accessible total reward package. We understand the evolving needs of our Team Members and their families, and we strive to offer meaningful, competitive, and sustainable benefits that support their well-being today and in the future.

Our benefits extend beyond medical, dental, and vision coverage, including company-paid life and disability insurance, paid parental leave, tuition reimbursement, and family planning resources such as adoption and surrogacy assistance, for all full-time Team Members and all part-time Team Members. Part time new hires gain eligibility for TSC Benefits by averaging at least 15 hours per week during their 90-day lookback period. The lookback period starts the first of the month following the date of hire. If the 15-hour requirement was met, the benefits eligibility date will be the first day of the month following 4 months of continuous service.

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