Job Summary
The Manager, Inventory Planning & Replenishment is responsible for both the planning and execution of inventory for a group of product categories. Develops and leads a team of Replenishment Specialist and Planning Analysts to ensure that planning and replenishment strategies are aligned. Responsible for delivering desired in-stock levels while hitting financial objectives. The Inventory Planning Manager sets the strategic goals for their team and holds their team accountable to delivering against those goals. Partners cross functionally with merchants, vendors, transportation and distribution to ensure inventory strategies and objectives are met.
Key Responsibilities
Responsible for leading and developing a team that implement and maintain item/location level inventory plans for a group of product categories that support financial objectives
Analyzes business performance, develops insights and translates into strategies to drive sales and inventory productivity
Leads team through monthly forecasting cycle
Monitor inventory pipeline, anticipate and proactively communicate issues, and develop mitigation plans for any pipeline gaps
Drive inventory and replenishment strategies to support assigned categories including resets, promotions, events, seasonal /entry and exit, etc.
Subject matter expert in planning / replenishment systems and thus utilize system capabilities to drive inventory to right location in the right quantity to support sales while ensuring target in-stock levels are achieved
Translates corporate and division goals/objectives into planning and replenishment strategies
Lead replenishment team to ensure proper execution of inventory plans while ensuring desired instock levels are achieved.
Hires, retains and accelerates talent within the organization
Required Qualifications
Bachelor's Degree is required or equivalent combination of education and related experience
5+ years' experience in demand, merchandise planning, replenishment or a related field
Preferred Qualifications
Strong analytical skills
Self-driven and highly motivated
Approaches problems with curiosity and is solution oriented
Strong communication skills, both written and oral
Capability to multitask in a fast-paced environment
Ability to work effectively within a team and build positive relationships cross-functionally
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.
Lowe’s is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.
Starting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience. For information regarding our benefit programs and eligibility, please visit https://talent.lowes.com/us/en/benefits.