Inventory Optimization Analyst II


Job Location:

Richardson, TX - USA

Monthly Salary: $ 70000 - 92400
Posted on: 6 hours ago
Vacancies: 1 Vacancy

Job Summary

What Drives Success

This analyst assists in the application of statistical and qualitative methods to optimize inventory settings policies and addition the person in this position has the opportunity to work with the organization to communicate and validate strategic inventory assortment and working capital objectives.

Duties include but are not limited to:

  • Apply statistical analysis and business knowledge to optimize inventory parameter setting.
  • Contribute to inventory management policies and processes and support implementation across locations.
  • Apply policies to determine and maintain store stock assortments.
  • Contribute to standards to track and monitor inventory results relative to objectives.
  • Coordinate with supply and demand planning to update key inventory parameters that drive the planning and execution systems.

What We Are Looking For

Requires a bachelors degree or an equivalent combination of education and experience. Requires at least 2 year related experience. A masters degree or equivalent is preferred.

  • Broad business acumen with a strong understanding of how inventory decisions impact sales inventory attrition working capital and operating costs.
  • Thorough knowledge of inventory optimization principles methodologies and industry best practices.
  • Expert understanding of Supply Chain Management principles.
  • Ability to apply appropriate statistical methods to large and complex data sets.
  • Knowledge of multi-echelon inventory optimization concepts and the ability to evaluate optimization outputs and recommend improvements.
  • Understanding of lot-size optimization mathematical models and the ability to assess configuration results and suggest enhancements.
  • Strong analytical decision-making and problem-solving skills.
  • Demonstrated continuous improvement mindset and process optimization experience.
  • Excellent interpersonal communication and cross-functional collaboration skills.
  • Ability to coordinate work within a team environment and influence stakeholders.
  • Proficiency with Microsoft Office applications including Excel Word PowerPoint and Access.
  • Working knowledge of SAP ECC.
  • Working knowledge of SAP APO or comparable supply chain planning systems.
  • Experience configuring inventory optimization tool parameters such as SO99 i2 Manugistics or similar applications.
  • Basic knowledge of statistical software packages such as SPSS Minitab or equivalent.

What We Offer

Compensation: This is a salaried exempt role. The starting salary range for this role and market is between $70400 - $92400 annually. Factors that may affect starting salary include geography/market and the skills education experience and other qualifications of the successful candidate. Employees in this role are also eligible for an annual bonus in accordance with the terms of the Companys applicable plan. Employees in this role are not eligible for overtime.

Benefits:Subject to applicable eligibility requirements the following benefits are offered for this role: tuition reimbursement; medical dental and vision insurance; prescription drug coverage; 401(k) retirement plan; short-term disability insurance; 8 weeks paid birthing leave; 2 weeks paid bonding leave; life and long-term disability insurance.

Depending on date of hire and subject to applicable eligibility requirements new employees in this role also receive up to: 12 days paid time off 2 paid well-being days 1 paid volunteer day 12 paid holidays and 3 floating holidays per year.

Our Culture: At Lennox our Core Values of Integrity Respect & Excellence are ingrained in the fabric of the organization. They define our culture which is about how we do business and how we treat others. Lennox is not just a workplace; we are a global community that values each team members contributions. As an equal opportunity employer we are committed to recruit develop and retain talented individuals from a wide range of backgrounds ensuring that everyone has the opportunity to succeed and contribute to our continued growth and success. At Lennox youll take pride in our brands knowing you are part of something special. Come stay and grow with us!

Disclaimers:The compensation and benefits information is accurate as of the date of this posting. Lennox reserves the right to modify this information at any time with or without notice subject to applicable law.

We may use automated tools including artificial intelligence to support parts of our hiring process such as application review and interview scheduling. These tools assist our teams but do not replace human decision-making. If you need an accommodation or have questions please contact


Required Experience:

IC

What Drives SuccessThis analyst assists in the application of statistical and qualitative methods to optimize inventory settings policies and addition the person in this position has the opportunity to work with the organization to communicate and validate strategic inventory assortment and working...