Sr. Inventory Analyst

General SummaryDrive strategy and delivery of allocation and inventory plans to maximize sales profit and GMROI. Optimize inventory investment to achieve service level Class and PayFull Time $62671.63 - $83562.17 Annual SalaryEssential FunctionsDevelop strategies and actionable plans to optimize inventory management in multiple locations ensuring inventory costs and service levels are balanced to meet goals set by Merchandising supply and demand of VSP network brand locations; aligns demand with resources to optimize supply chain resulting in reduced costs and high customer satisfaction Lead and oversee inventory management functions at multiple locations ensuring proper inventory and service levels are maintainedProvide support to management teams and provide leadership to staff through direction example and coaching to accomplish business goalsMaintain effective communications within the business unit throughout the supply chain and externally where appropriatePartner with multiple stakeholders including Merchants Distribution Center/Central Labs and Operations partners to shape and strengthen inventory functions within the supply chain and to deliver sales plan and service level agreementsManage store/SKU forecasting with input from Merchandising Planning Merchants and Store Ops to drive sales and optimize inventoryDevelop and execute allocation strategies that align forecasted demand inventory targets and financial objectives across the store networkEnsure accuracy of systemically transferred data through various planning systems to support demandPattern key markets in partnership with Operations Merchandise Planning and Merchants to understand consumer & store needs Execute inventory recalls for strategic store capacity changes and/or end of life lifecycle managementEnsure store/practice inventory levels are aligned to model assortment/targeted inventory levelsMaintain inventory reporting to support key KPIs while supporting sales and maximizing productivity of working capitalSupport the roll out of merchandise system(s) to ensure a smooth transition specifically related to replenishmentProvide SKU level analytics and insights in partnership with Merchandising Planning and Merchants to drive sales and optimize inventoryMake independent planning recommendations and escalate risks or tradeoffs related to demand inventory or service level performance as SpecificationsTypically has the following skills or abilities:Bachelors degree in Business or related field or equivalent experience4 years of progressively responsible experience in a material management role within a manufacturing environment Demonstrated ophthalmic industry acumen and current knowledge of products market trends and conditions desiredIn-depth knowledge of forecasting/inventory tools and processes desiredAbility to work in a cross-functional environment and contribute to business process optimizationProven analytical and problem-solving skillsExcellent verbal and written communication skillsAbility to regularly exercise discretion and independent judgment in performance of job dutiesWorking ConditionsThe working environment is generally favorable lighting and temperature are adequate and there are no hazardous or unpleasant conditions caused by noise dust above information on this description had been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties responsibilities and qualifications required of employees assigned to this job grade.#remoteLi