Your Impact
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.
What you will do
- 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 in-stock levels are achieved.
- Hires, retains and accelerates talent within the organization
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Required Qualifications:
- Bachelor's Degree A bachelor's degree required or equivalent combination of education and related experience
- 5-7 Years experience in demand, merchandise planning, replenishment or a related field
About Lowe's
Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2023 sales of more than $86 billion, 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.