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 Bengaluru, Lowe’s India develops innovative technology products and solutions and delivers business capabilities to provide the best omnichannel experience for Lowe’s customers. Lowe’s India employs over 4,200 associates across technology, analytics, merchandising, supply chain, marketing, finance and accounting, product management and shared services. Lowe’s India actively supports the communities it serves through programs focused on skill-building, sustainability and safe homes. For more information, visit, www.lowes.co.in.
About the Team
The Inventory Replenishment team executes Inventory Management processes and contributes to the operational and strategic priorities to drive IR KPI improvements
Job Summary:
Inventory Associate Analyst role will be aligned to one Business Area and responsible for executing Inventory Management processes and contributes to the operational and strategic priorities to drive IR KPI improvements (In-stock% and TSPM%) which in turn drives improved sales and return on investment. This role requires to build good understanding of fulfillment systems and operational execution and also contributes to process improvement projects to support senior team members. Proactively participates and supports initiatives to manage key performance metrics, including root-cause analysis and solution recommendations to ensures order flow meets designated capacity constrains throughout the supply chain. Executes IR system and process exceptions exceptions such as no sourcing, failed load out of bounds, no cost, unit of measure, etc. by following SOPs and identifies improvement opportunities to become SME for the low complexity operational processes once attains steady state.
Roles & Responsibilities:
- Supports regular execution of inventory flow processes and operational reports to manage and maintain Inventory KPIs
- Executes Inventory Replenishment and Planning strategies to aid more value to business
- Executes and supports Inventory and Replenishment priorities like inventory troubleshooting and root cause analysis, purchase order management, trend analysis, key performance metrics monitoring to help manage inventory flows within capacity constraints
- Extract data, reporting and analysis to generate business insights
- Help and support Sr Analyst with data and information to complete assigned task
Years of Experience
- 1 to 2 years of Inventory Management or Supply Chain operations experience required
Education Qualification & Certifications (optional)
Required Minimum Qualifications:
- Bachelor’s degree in business, Supply Chain, Logistics, Industrial Engineering
Skill Set Required
Primary Skills (must have)
- Strong analytical skills
- Sense of urgency, critical thinking
- Understanding of retail distribution network
- Experience in Data mining and visualization tool such as SQL, MS Access, VBA and Excel
- Excellent writing and communication skills, including the ability to develop analytical documents for presentation to management