Advance Auto Parts
InventoryAnalyst
Neural analysis suggests this role is
optimal for Mid candidates.
“Inventory Analyst at Advance Auto Parts. Skills: Inventory optimization, Process management, Cross-functional coordination. Optimize inventory levels. Ensure product moves to right location”
What You'll Achieve.
Optimize inventory levels; Maintain adequate inventory; Maintain acceptable performance; Create an excellent customer experience; Optimize inventory levels; Measure progress against targets
Industry & Context.
Root cause analysis; Troubleshooting; Problem solving
What They're Looking For.
Must Have
Advanced Excel and analytical skills, Inventory management systems and Software, Minimum of 2-5 years of experience in a planning and/or inventory management, Bachelor's degree in Business, Finance, Supply Chain, or other related, Equivalent combination of education and/or experience
What You'll Do.
Optimize inventory levels
Ensure product moves to right location
Place purchase orders
Root cause supplier issues
Participate in Lifecycle Management review
Monitor inventory-turn performance
Root cause analysis and troubleshooting
How You'll Work.
Team & Collaboration
Partner with cross functional partners; Develop and foster a cohesive team environment; Communicate with cross functional teams; Communicate with field team members; Communicate with leadership
Communication Scope
Effectively communicate; Excellent verbal; Excellent written; Excellent interpersonal skills; Proactively communicate
Full Job Description
## **Job Description** **Job Posting Title: ****Inventory Analyst- Inventory Management** **Job Profile – Inventory Analyst** **Grade - 08** **Job Summary** The **Inventory Analyst **will be responsible for optimizing inventory levels at each node of the network and ensuring product is moving to the right location at the right time, with the right volume. The Inventory Analyst will manage the most critical or complex business categories on each team and serves as a leader regarding all inventory activities for their assigned businesses. A best-in-class Inventory Analyst will help build a long-term strategy for the category in partnership with their manager & cross functional partners across Merchandising, Marketing, Pricing, & Supply Chain. **What will you do?** _Core Execution_ * Place purchase orders from vendors to AAP Distribution Centers to maintain adequate inventory to support AAP Company Owned stores and hundreds of Independently operated stores * Ensure that proper inventory levels are maintained by consistently reviewing KPIs such as weeks of supply and depth in-stock metrics * Track vendor PO’s from order point to DC to ensure vendors are shipping on time and in full * Root cause supplier issues to maintain acceptable performance * Monitor product flow throughout the supply chain to create an excellent customer experience * Participate in Lifecycle Management review process; determine path forward for slow moving product and obsolete inventory * Monitor inventory-turn performance and identify opportunities to optimize inventory levels * Root cause analysis and troubleshooting when stores or DCs are out of stock _Collaboration/Partnership_ * Leader in establishing a strong, collaborative, vendor-facing relationship to ensure expectations are defined and achieved * Mentor and develop less experienced Inventory Planners with day-to-day responsibilities * Develop and foster a cohesive team environment with immediate team and cross-functional partners alike _B
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