Inventory Planning Analyst Resume Sample
Work Experience
- Provide support to junior members of the team in operational inventory management processes e.g. RMA’s, QTF etc
- Analyse sales activity and determine optimal site locations for holding stock according to pre-determined guidelines across Australia and New Zealand
- Ad hoc analysis as required to support inventory decision making
- Troubleshoots any assigned problems with footprints, SKU’s, and short allocations
- Generate and maintain monthly reports on all analytical data
- Monitors special order returns, provides reporting and ensures quick returns
- Fully understand, support and on occasions manage the NA Inventory month end close processes across equipment and supplies for all Distributors - $’s and WOI, to include physical stock and all in-transits
- Investigate theoretical versus actual inventory discrepancies and establish causals and countermeasures to improve future correlations
- Understand and on occasions manage the NA Direct Ship processes
- Supply chain, engineering or manufacturing experience
- Responsible for sizing & Packing purchase orders for product category
- Reconcile orders for future seasons to ensure Assortment & Costing Tool matches bottoms up plans
- Update PO’s monthly as needed for reconciliation
- Update pricing tool with visual information
- Update and manage all exit dates in Profit Logic for product seasonally
- Execute promotion and markdown pricing as needed
- Run ad hoc analysis to support and drive the business
- Set up pricing tool on a weekly basis
- Assist in managing the financial success of a division/department or class by meeting sales, gross margin and inventory productivity goals
- Analyze historical data and current trends. Identify risks and opportunities by division/department or class and solicit ideas for issue resolution
- Participate in formulation of pre-season strategy with merchant and planner
- Partner with Inventory Planner in creating pre-season financial sales and inventory plans by department, classes and/or style
- Recap and review actual sales performance weekly/monthly to plan
- Partner with planner to identify risks/opportunities and develop action plans to achieve financial goals
- Advanced knowledge of using Microsoft Excel
- Knowledge of financial concepts would be advantageous
Education
Professional Skills
- Strong communication skills, presentation skills
- Strong communication skills to effectively liaise with trans-continental team
- Strong analytical skills; ability to compile data and effectively problem solve high-level, strategic initiatives and make improvement recommendations
- Strong oral & written communications and excellent presentation skills
- Excellent numerical and analytical skills with proven proficiency in Microsoft Excel
- Excellent communication and interpersonal skills, ability to effectively liaise with all levels of staff
- Strong interpersonal skills including negotiating and conflict resolution
How to write Inventory Planning Analyst Resume
Inventory Planning Analyst role is responsible for analytical, microsoft, excel, leadership, architecture, retail, finance, training, database, inventory.
To write great resume for inventory planning analyst job, your resume must include:
- Your contact information
- Work experience
- Education
- Skill listing
Contact Information For Inventory Planning Analyst Resume
The section contact information is important in your inventory planning analyst resume. The recruiter has to be able to contact you ASAP if they like to offer you the job. This is why you need to provide your:
- First and last name
- Telephone number
Work Experience in Your Inventory Planning Analyst Resume
The section work experience is an essential part of your inventory planning analyst resume. It’s the one thing the recruiter really cares about and pays the most attention to.
This section, however, is not just a list of your previous inventory planning analyst responsibilities. It's meant to present you as a wholesome candidate by showcasing your relevant accomplishments and should be tailored specifically to the particular inventory planning analyst position you're applying to.
The work experience section should be the detailed summary of your latest 3 or 4 positions.
Representative Inventory Planning Analyst resume experience can include:
- Strong interpersonal skills to build cross-functional relationships
- Excellent interpersonal, written, verbal, communication, and leadership skills
- Proven experience forecasting, analyzing and resolving inventory related issues
- Experience in demand, supply or inventory planning. Experience with processes and data management related to Supply Chain Planning
- Strong and practical leader with proven track record of achievement in implementing change
- Experience in project management, completing independent projects, participating in/or leading small project teams
Education on an Inventory Planning Analyst Resume
Make sure to make education a priority on your inventory planning analyst resume. If you’ve been working for a few years and have a few solid positions to show, put your education after your inventory planning analyst experience. For example, if you have a Ph.D in Neuroscience and a Master's in the same sphere, just list your Ph.D. Besides the doctorate, Master’s degrees go next, followed by Bachelor’s and finally, Associate’s degree.
Additional details to include:
- School you graduated from
- Major/ minor
- Year of graduation
- Location of school
These are the four additional pieces of information you should mention when listing your education on your resume.
Professional Skills in Inventory Planning Analyst Resume
When listing skills on your inventory planning analyst resume, remember always to be honest about your level of ability. Include the Skills section after experience.
Present the most important skills in your resume, there's a list of typical inventory planning analyst skills:
- Demonstrated problem solving and critical thinking skills to identify relative merits and weaknesses of alternative solutions
- Strong relationship building skills - internally as well as externally
- Microsoft Excel - Strong Data management & manipulation skills
- Strong interpersonal skills (written and verbal)
- 1) Strong analytical and organizational skills, time management
- 2) Excellent verbal and written skills
List of Typical Experience For an Inventory Planning Analyst Resume
Experience For Senior Inventory Planning Analyst Resume
- Strong knowledge of demand management/forecasting theory, modeling and tools
- Demonstrated success in improving fill rates and inventory reduction
- Experience of working in a supply chain/distribution, customer service / administration or finance environment
- Demonstrated capabilities working on large scale inventory initiatives
- Highly proficient in Microsoft Office products, including Microsoft Access, Excel, Word. Experience in Microsoft PowerPoint
- Involvement in the cycle counting process for determining inventory accuracy
- Problem solving approach, with an ability to drive results despite ambiguity and obstacles
- Report out on service levels and work with Buying Manager to develop strategies
Experience For Inventory Planning Analyst, Emerging Markets Resume
- Understand the pre-season and in-season buying process
- Resolve DC/Factory/Warehouse space planning , STO demand management related exceptions in the short-term (1-10 days) horizon
- System set up and maintenance to support the supply chain management of mobile products and supporting the associated business category teams across Sky
- Develops reporting tools for site materials team’s leadership to track inventory trends by product classification
- Input into determining how best to package parts and/or present them to the production lines
- Develop initiatives to reduce slow moving inventories and to improve inventory turns
- Familiar with diverse manufacturing processes
- Six Sigma and Lean problem-solving methods and/or APICS-CPIM Certification
- Knowledge of GAAP and SOX requirements is desirable
Experience For NA Senior Demand & Inventory Planning Analyst Resume
- Fully understand, support and on occasions manage the Europe Inventory month end close processes across equipment and supplies for all Distributors - $’s and WOI, to include physical stock and all in-transits
- Utilizes and monitors exception reports and daily analytics for all business metrics; taking appropriate and timely action to prevent stock outs, minimize DOH, and expedite delivery to fill potential backorders
- Develops and executes inventory strategy for new SKU introductions, discontinued SKU reductions and dispositions, customer-specific inventory positions, direct import SKU sets, and seasonal inventory requirements. Audits product master data (e.g., UoM, vendor SKU number, case quantity) to ensure accuracy
- Partners with Inventory Analytics and Merchandising teams to proactively identify fill rate and excess inventory issues, and execute respective corrective actions as needed
- Partners with Demand Management to align inventory system controls (EOQ, min/max, safety stock, velocity rankings) with business objectives. Analyzes and communicates impact of proposed changes
- Manages supplier relations and partners with supplier to address fill rate, lead time, damaged in-transit issues and supplier return. Creates import orders based on containerization requirements
- Collaborates with Merchandising, Sales, Marketing, Inventory, and Finance to incorporate the on-boarding of new products, retirement of old products, customer-specific inventory requirements, regulatory changes, and promotions into the demand planning process and recommendations
- Supports and executes aged, obsolete and excess inventory reduction strategies – RTV, “fire sale”, contests, transfers, scrap, liquidation, donation, etc. Analyzes forward buys to reduce exposure to excess inventory on hand
Experience For Inventory Planning Analyst Gap Factory Europe Resume
- Analyze and report current business and be able to adapt new strategies to changing business
- Drive in-season allocation through weekly promotion and markdown changes
- Recommend and influence seasonal Inventory allocation strategies that support the Investment review strategy
- Recommend and influence in-season allocation strategy
- Understand and manage store inventory callouts, DC capacity constraints, and weekly pick levels
- Utilize statistical tools and perform root cause analysis
Experience For National Inventory Planning Analyst Resume
- Develop and implement recommendations that drive continuous improvement in inventory and customer service performance metrics
- Improve processes and tools as necessary that incorporate inventory management best-practices
- Provide data analysis to support tops/down sales and inventory plans that align with division objectives
- Support style level, bottoms-up sales and inventory plans
- Execute in-season price strategies (promo/MD)
- Own professional development in collaboration with manager
- Support/participate in a collaborative, innovative and results-orientated environment
- In partnership with the Merchant, create strategies and tactics that deliver financial objectives: - Sales, Margin, Turns - Product transitions, flow and exit strategies - Seasonal category and SKU strategies to both enter and exit season o Pricing and promotional activity
- In partnership with the Merchant, create strategies and tactics that deliver financial objectives: - Sales, Margin, Turns - Product transitions, flow and exit strategies - Seasonal category and SKU strategies to both enter and exit season - Pricing and promotional activity
Experience For Converse Inventory Planning Analyst Resume
- In partnership with the Merchant, create strategies and tactics that deliver financial objectives: - Sales, Margin, Turns - Product transitions, flow and exit strategies - Seasonal category and SKU strategies to both enter and exit season - Pricing and promotional activity
- In partnership with the Merchant, create strategies and tactics that deliver financial objectives: Sales , Margin, Turns. Product transitions, flow and exit strategies. Seasonal category and SKU strategies to both enter and exit season. Pricing and promotional activity
- In partnership with the Merchant, create strategies and tactics that deliver financial objectives: o Sales , Margin, Turns o Product transitions, flow and exit strategies o Seasonal category and SKU strategies to both enter and exit season o Pricing and promotional activity
- Leads, manages, compiles and provides analysis toward all company planning, forecasting and strategic planning activities
- Conduct various reporting and analysis surrounding inventory performance as well as forecasting for future demand
- Manage overall average inventory levels at store and NDC through weekly unit planning of a specific product category
Experience For Converse Inventory Planning Analyst Apparel Resume
- Complete reports weekly, monthly, and quarterly forecast as well as the annual budget
- Responsible for developing partnerships with the Company’s suppliers and vendors. This includes establishing relationships with vendor management, controlling budget, negotiating costs
- To monitor the status of the projects, that are mainly related to the inventory planning (replenishment from central or regional warehouse) to stores and rebalancing of merchandise
- To implement tools (based on Excel, Access and even in SQL) to support the analysis of Inventory Planning Area (raw data are extracted by BI tools or by ODBC)
- To monitor situations of over/under stock and to suggest action to react
- To produce weekly report on Supply Chain performances: sales results, coverages and inventory
Experience For Inventory Planning Analyst Resume
- To produce presentation on Supply Chain performances
- The role is in staff to the Central Inventory Planner Manager
- Monitor and drive Turn and In Stock levels for a product category at various depths of granularity (by product and/or by location)
- Implement inventory recommendations to achieve targeted goals
- Analyze store inventory levels and sales rates for a product category, recognizing company sales trends and subtle geographical differences. Use results to recommend mix of product, allocation strategies, or other efficiencies
- Partner with cross-functional teams to understand upcoming promotions and new product launches. Determine necessary quantities by region to support the events. Analyze results of similar promotions or similar products in order to estimate and plan for demand
- Manage product lifecycles for a product category to reduce obsolescence and end support to coordinate with product roadmap strategies in that category
- Assist in identifying, minimizing, and liquidating obsolete and potentially obsolete inventory. Participate in Quarterly Obsolescence review & annual physical counts at NDC
- Support daily, weekly, and monthly inventory reports according to the needs of the business cycle by contributing to inventory roll ups for executive summaries, weekly recaps, and general supply chain summaries
Experience For Senior Inventory Planning Analyst Resume
- Identify and support ad-hock reporting needs
- Responsible for the organization and accuracy of the material master information between MDM and Oracle system for all new parts introduced into product group. Maintain Oracle material master with exact and up-to-date information regarding description, location, order point, lead-time, obsolescence, and supplier sourcing
- Analyze min/max, re-order points for items on a consistent basis, reviewing 30, 60, 90 day volumes. Analyze trends to ensure ordering of correct quantities, maintaining optimum stock levels, and optimizing pricing based on purchase quantities for locally purchased materials
- Act as a liaison between vendors, production managers, customer solutions, and warehouse management in order to communicate pertinent information such as delivery dates, product delays, and urgently need support
- Coordinate a smooth transition from older product lines to new product lines by depleting old stock through analysis of Excess & Obsolete reports for non-activity items. Continuously evaluate the necessity of orders in an effort to minimize the risk of E&O from occurring. Reviewing inventory in stock over 180 days and the percentage of total stock
- Create return purchase orders as necessary for claim returns by obtaining RMA-s; and preparing return shipment documents
- Enter Sales Orders from International business group, setting delivery dates based on availability. Create weekly report to communicate current order statuses. Manage all communication with the business center
Experience For Inventory Planning Analyst, Emerging Markets Resume
- Prepare weekly and monthly reports to demonstrate backorder affects upon repairs and to sales customers
- Create return purchase orders as necessary for claim returns by obtaining RMA’s; and preparing return shipment documents
- 35%- In stock and replenishment: Review daily orders, upload OUTLs and manage CAR parms, determine in-stock drivers and take action
- 25%- Primary point of contact for Merchant and MP
- 15%- Respond to/partner on field concerns with oversight
- 15%- Manages transitions/resets with oversight
- 5%- Identify process challenges and review with leadership
- Execute deployment of finished goods from Nestlé plants and co-manufacturers to Nestle distribution centers, in support of Nestle customer service and efficiency targets
- Reconcile and confirm the dispatch plan. Receive and process inputs from DRP planners and adjust the dispatch plan where needed to account for redeployment decisions, possible spoilage, rebalancing inventory levels, production planning variance, or ageing of stock
List of Typical Skills For an Inventory Planning Analyst Resume
Skills For Senior Inventory Planning Analyst Resume
- Excellent computer and data analysis/management skills
- Demonstrated experience working well with others
- Partner effectively with internal and external teams
- Prior supply chain experience
- Self-motivated and driven / Well-developed interpersonal and communication skills
- Able to interface effectively with sales, operations and factory leadership to communicate inventory plan and raise issues that need to be resolved
- Forecasting, buying, inventory planning or related experience
- Strong working knowledge of Supply Chain (S&OP/IBP, planning, inventory) processes and systems
Skills For Inventory Planning Analyst, Emerging Markets Resume
- Builds rapport easily and able to build strong credible working relationships including those based remotely
- Inventory management experience in a forecasting/planning role with a restaurant or food entity required
- Experience in material planning, purchasing, logistics or inventory control
- Proven ability to apply advanced planning analytics with supporting assumptions in a dynamic environment
- Proven ability to apply advanced planning analysis techniques with supporting assumptions
- Good understanding of MRP and Planning Master Data
- Facilitate development of business rules and coordinate validation of inventory planning policies and operating constraints
Skills For NA Senior Demand & Inventory Planning Analyst Resume
- Sound experience in using of Windows, Excel, Access and BI tools to monitor performances and KPI
- Experience in using of ERP tools (AS400 and/or SAP)
- Experience in a forecasting role with a retail or restaurant supply chain organization
- Practical experience with min one year working in apparel industry and retail operations
- 3) Strong knowledge of Microsoft Office including excel and word
- Assist in validating Commercial Plan
- React quickly, make effective decisions and function well under pressure
Skills For Inventory Planning Analyst Gap Factory Europe Resume
- Demonstrates self initiative and works independently
- An MB Experience with NxTrend/SAP (desired)
- Program/Project management experience (desired)
- At least two years of experience in the same or similar position
- Experience of Supply Chain process, better if gained in Luxury Industry or as a consultant
- Confident and professional with excellent attention to detail
- Experience in inventory or operations
- Experience in Oracle or similar ERP applications
- Experience in the Footwear and Apparel industry
Skills For National Inventory Planning Analyst Resume
- Experience in supply chain (co-ops or internships as well)
- Demonstrated ability to focus with limited distraction and work in a fast paced environment
- Prioritize on key tasks to support sales growth
- Able to build strong cross functional relationships
- Previous experience with SAP / Business Warehouse systems would be advantageous
- Strong attention to details and analytical background
- Possessing a positive and 'can do' attitude and a flexible approach to learning
- Working independently & within a cross functional team environment
- Planning or financial analyst background
Skills For Converse Inventory Planning Analyst Resume
- Understanding of Safety Stock and Inventory Planning methodologies
- Provide data analysis to support business recaps, in-season forecasting/OTB buying, and demand driven buying efforts
- Inventory level management and planning, matching forecast demand with on hand, on order, or in transit quantities
- Familiarity with executing PO’s, transfers and record keeping
- Responsible for preparing reports for inventory reviews and completing any markdowns and stock transfers afterwards
- Manage inventory planning, target setting and variance analysis processes for assigned business units
- Knowledge of Purchasing, Inventory Control, and Order Fulfillment processes and inventory management methodologies
- Business acumen and understanding of the service parts industry
- Proactive and taking ownership of role and responsibilities
Skills For Converse Inventory Planning Analyst Apparel Resume
- Full UK Driving Licence desirable
- Familiarity with PO’s, transfers and record keeping
- Analyze and present analysis in succinct format to capture key points and facilitate recommendations and decision making
- Handle uncertainty and a tolerance for revising work based on changes in assumptions or conditions
- Provide timely weekly analysis updates for UK Retail & Ecommerce while identifying risks and opportunities
- Ensure timely data entry of orders and pricing to ensure on-time product launches
- Support with providing stock related information for customer service UK Ecommerce queries
- Perform other ad hoc analyses as needed by International Planning Manager
Skills For Inventory Planning Analyst Resume
- Collaborate on and/or own a subset of the pre-season and in-season buying process
- Collaborate with Manufacturing, Customer Service, Sales and Product Management
- Manage slow moving stock process
- Conduct training as necessary on inventory management processes
- Develop inventory planning program to improve asset management companywide
Skills For Senior Inventory Planning Analyst Resume
- Develops sourcing plan and implement based on inventory requirements
- Analyzes spend and develops strategies to leverage company buying power
- Monitors rental asset utilization and execute reduction programs to ensure that the company is operating within an optimal number of rental assets
- To collaborate in innovation project, producing documentation, project work flow and analysis of project results
- Advanced knowledge/ proficiency in Microsoft Excel required
Skills For Inventory Planning Analyst, Emerging Markets Resume
- A or completed course work toward an MBA is desired
- Forecast and maintain stock for all spare parts inventory
- Develop in VBA and/or SQL Server and expertise in Access (Access is mandatory)
- Detail oriented and extreme accuracy
- Have a ‘can do’ attitude
List of Typical Responsibilities For an Inventory Planning Analyst Resume
Responsibilities For Senior Inventory Planning Analyst Resume
- Demonstrated leadership skills, ability to lead change and influence without direct authority
- Excellent verbal, written and presentation communication skills with the ability to share at all levels of the organization
- Create Stock Transfer Order and send to Transportation Load Planners. Coordinate timing for release with load planners where required
- Send DRP shell / plan to factory deployment resources, where applicable and work with factory deployers to drop delivery notes
- Create and optimize truckloads using system tools to maximize payload while maintaining target service levels. Determine where expedites / rush loads are required and communicate to Transportation Load Planners
- Drop Delivery Notes for Stock Transfer Order
- Coordinate the deployment of semi-finished product (SFP) from Nestle distribution centers/contract warehouses to Nestle plants/co-manufacturers in support of plant master production schedules. (where applicable)
- Maintaining the correct levels of inventory within the agreed targets
- Working with in-house and 3rd Party supply partners to support the supply plans and ensure service levels are met
Responsibilities For Inventory Planning Analyst, Emerging Markets Resume
- Complete weekly and monthly inventory analysis to avoid low stock /overstock situations and develop inventory plans to ensure smooth product to the floor
- Report inventory issues to Supply Chain management for immediate resolution if corrective action teams are needed to define solution. Define the problem statement and provide assumptions and potential root cause and possible solution
- Optimize inventory levels by reviewing each sku and determining the items are set-up with the correct safety stock levels which support of service needs for the business
- Develops and maintains an inventory budget that balances the needs of the production schedule and company working capital goals
- Develops the quarterly inventory estimates with clear explanations for variances to budget
Responsibilities For NA Senior Demand & Inventory Planning Analyst Resume
- Reports inventory on a monthly and quarterly basis and provide explanations where targets were unmet
- Escalates critical inventory opportunities that are found immediately as needed to the Manager
- Sets inventory targets/goals and establish metrics to track progress throughout the year
- Enhances designated RAW/WIP inventory reporting tools that measure and report Buffer Inventory, Cycle Stock / Working Inventory, Planned Excess Inventory, and Unplanned Excess Inventory
- Experience in a Supply Chain related field Inventory)
- Excellent analytical skills, including strategic thinking, ability to frame problems and opportunities using supporting data, problem solving and measuring impact
Responsibilities For Inventory Planning Analyst Gap Factory Europe Resume
- Use of BI tools such as Power Query, Power BI, Tableau, SAS, etc. is highly desired
- Heavy Excel, Access and query based program user
- Advanced Excel user with ability to create pivot tables, v-lookups, and other functions to analyze vast amounts of data and compare alternatives in decision-making
- Deliver presentation to small audiences
- Work closely with Retail & Ecomm team to help provide sales, gross margin, inventory analysis and new product upload’s
- Curious to learn about different roles and systems
- Forecast sales and stock level to achieve sales plans and manage channel OTB plans
Responsibilities For National Inventory Planning Analyst Resume
- Manage weekly stock allocation to UK Stores and Ecommerce in-line with buy plan
- Able to negotiation win/win situations
- Able to empathize and be responsive with customers (both internal and external) to address needs
- Knowledge and ability to navigate JCI Business Processes
- Responsible and flexible approach to the monthly cyclical nature of the business
- Solve problems and be analytically minded,
Responsibilities For Converse Inventory Planning Analyst Resume
- Monitor key performance indicators (KPI’s) for planning activities and provide monthly operations reports to management. Identify problems/weaknesses and recommended resolutions/corrective action plans to management
- 5%- Vendor communication
- Leverages SAP and other systems to execute “day to day” inventory control, in order to consistently achieve fill rates while minimizing Inventory days on hand across the global supply chain. Identifies and prioritizes root causes of fill rate issues and excess inventory, and drives corrective actions and control mechanisms across cross-functional teams
- Monitor open purchase orders against requested due dates of delivery to identify critical low stock situations. Communicate daily, weekly on backorders to improve delivery and reduce backorder delays with vendor. Analyze delivery performance trends for on time performance and backorder issues with each vendor and drive vendor to improve their performance