Replenishment Planning Analyst
6 months ago
**Job Summary**:
**Responsibilities**:
- Analyze sales data, historical trends, and demand forecasts to develop replenishment plans for retail stores, ensuring optimal inventory levels to meet customer demand.
- Collaborate closely with merchandise planners, buyers, and store managers to understand sales patterns, promotional activities, and seasonal trends to inform replenishment decisions.
- Utilize inventory management systems (IMS) and forecasting tools to generate replenishment orders, monitor stock levels, and track inventory performance against targets.
- Optimize inventory replenishment processes, including order frequency, order quantities, and lead times, to minimize stockouts and excess inventory while maximizing inventory turns.
- Monitor supplier performance and lead times, proactively addressing any issues to ensure timely delivery of replenishment orders and minimize disruptions to store operations.
- Analyze product performance metrics, including sell-through rates, stock-to-sales ratios, and gross margin return on investment (GMROI), to identify opportunities for assortment optimization and SKU rationalization.
- Collaborate with cross-functional teams, including logistics, operations, and finance, to develop and implement inventory management best practices and process improvements.
- Stay informed about industry trends, competitor activities, and market dynamics to anticipate changes in customer demand and adjust replenishment strategies accordingly.
**Qualifications**:
- Bachelor's degree in business, supply chain management, retail management, or a related field.
- 3+ years of experience in replenishment planning, inventory management, or retail operations, preferably in the retail industry.
- Strong analytical skills with proficiency in data analysis tools such as Microsoft Excel, or business intelligence software.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with internal stakeholders and external partners.
- Detail-oriented mindset with a focus on accuracy and precision in inventory tracking and analysis.
- Ability to thrive in a fast-paced retail environment and manage multiple priorities simultaneously.
- Knowledge of inventory management systems (IMS), Oracle software, and retail merchandising principles is preferred.
- Passion for outdoor activities and familiarity with outdoor retail brands and products is a plus.
**Additional Information**:
- This is a full-time position based at our headquarters in Cape Town, South Africa.
- Competitive salary and benefits package offered.
- Opportunity for career growth and advancement within the organization.
- We are an equal opportunity employer committed to diversity and inclusion in the workplace.
**Why join the Cape Union Mart ?
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