Position Overview
The Analyst, Inventory Management, Wholesale , is responsible for financial and business forecasting and analysis and inventory movements, including transfers between channels and regions, liquidations, and disposition as part of the inventory weeks of supply targets. Responsibilities will include but not limited to analysis, reporting, forecasting, process analysis and implementation, multi-year plan, and adhoc reporting/projects that are aligned to the Company goals and initiatives.
Essential Duties & Responsibilities
Responsible and accountable for the inventory forecast, analysis, and budget planning in close partnership with the Inventory Management, Finance, Wholesale Account Planning, and Off-Price teams. Maximize and identify inventory opportunities through transfers within channels and across regions. Manage the sell-off process, partnering closely with the Wholesale Account Planning and Wholesale Off-Price teams, while continually looking for opportunities to improve and streamline the process. Determine the most sustainable options for remaining excess while partnering with the Inventory Finance team to understand the NRV impact. Establish and maintain effective working relationships within both the Inventory Management team and the cross-functional teams (Finance, Wholesale Account Planning, Wholesale Product Planning, Wholesale Sales, Inventory Control, Supply Chain, DC Ops, Account Services, IT). Design, produce, and enhance reporting, dashboards, and tools within the Inventory Management department, identifying opportunities for standardization and automation of processes and leveraging best practices from cross-functional and global teams. Develop, manage, and champion the initial end-user transition to streamlined processes and new tools with user guides. Drive process improvement and efficiencies. Communicate with business partners to ensure consistency of information and to share best practices. Responsible for continuous education on various tools and core competencies in relation to development plan. Prepare weekly, monthly, and quarterly reports and provide analysis and recommendations based on findings. Experience, Skills & Knowledge
Education Bachelor's degree Systems and Tools Advanced MS Excel, Word, and PowerPoint skills Island Pacific Enterprise Planning GFE+ and/or Riversand GBIS (Global reporting tool used to provide visibility to key sales and inventory metrics) JDA Allocation SAP and SAP BI experience are a plus Required Skills 2-3 years of Retail or Wholesale experience Proficient in retail math and cost accounting Display analytical and problem-solving skills Excellent communication and interpersonal skills Excellent organizational skills, including ability to multi-task, prioritize, and meet tight deadlines High level of attention to details Self-motivated, proactive, flexible, and strong team player Able to develop and maintain effective cross-functional relationships Ralph Lauren will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance laws.
