Replenishment Planning Analyst

Description:

Job Summary:

We are looking for a detail-oriented and strategic-minded individual to fill the role of Replenishment Analyst/Planner. This position plays a pivotal role in managing inventory levels, optimizing stock replenishment processes, and ensuring product availability across our retail network. The ideal candidate will possess strong analytical skills, a deep understanding of retail operations, and a passion for delivering an exceptional customer experience.

Responsibilities:

• Analyze sales data, historical trends, and demand forecasts to develop replenishment plans for retail stores, ensuring optimal inventory levels to meet customer demand.
• Collaborate closely with merchandise planners, buyers, and store managers to understand sales patterns, promotional activities, and seasonal trends to inform replenishment decisions.
• Utilize inventory management systems (IMS) and forecasting tools to generate replenishment orders, monitor stock levels, and track inventory performance against targets.
• Optimize inventory replenishment processes, including order frequency, order quantities, and lead times, to minimize stockouts and excess inventory while maximizing inventory turns.
• Monitor supplier performance and lead times, proactively addressing any issues to ensure timely delivery of replenishment orders and minimize disruptions to store operations.
• Analyze product performance metrics, including sell-through rates, stock-to-sales ratios, and gross margin return on investment (GMROI), to identify opportunities for assortment optimization and SKU rationalization.
• Collaborate with cross-functional teams, including logistics, operations, and finance, to develop and implement inventory management best practices and process improvements.
• Stay informed about industry trends, competitor activities, and market dynamics to anticipate changes in customer demand and adjust replenishment strategies accordingly.

Qualifications:

• Bachelor's degree in business, supply chain management, retail management, or a related field.
• 3+ years of experience in replenishment planning, inventory management, or retail operations, preferably in the retail industry.
• Strong analytical skills with proficiency in data analysis tools such as Microsoft Excel, or business intelligence software.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with internal stakeholders and external partners.
• Detail-oriented mindset with a focus on accuracy and precision in inventory tracking and analysis.
• Ability to thrive in a fast-paced retail environment and manage multiple priorities simultaneously.
• Knowledge of inventory management systems (IMS), Oracle software, and retail merchandising principles is preferred.
• Passion for outdoor activities and familiarity with outdoor retail brands and products is a plus.

Additional Information:

• This is a full-time position based at our headquarters in Cape Town, South Africa.
• Competitive salary and benefits package offered.
• Opportunity for career growth and advancement within the organization.
• We are an equal opportunity employer committed to diversity and inclusion in the workplace.

Why join the Cape Union Mart ?

Please note: The Cape Union Mart Group is committed to transformation. Appointments and promotions will be made based on candidates who best meet the requirements for the position. Preference will be given to candidates who will enhance the diversity of the team, aligned to our Employment Equity plan.

Requirements:

• Analyze sales data, historical trends, and demand forecasts to develop replenishment plans for retail stores, ensuring optimal inventory levels to meet customer demand.
• Collaborate closely with merchandise planners, buyers, and store managers to understand sales patterns, promotional activities, and seasonal trends to inform replenishment decisions.
• Utilize inventory management systems (IMS) and forecasting tools to generate replenishment orders, monitor stock levels, and track inventory performance against targets.
• Optimize inventory replenishment processes, including order frequency, order quantities, and lead times, to minimize stockouts and excess inventory while maximizing inventory turns.
• Monitor supplier performance and lead times, proactively addressing any issues to ensure timely delivery of replenishment orders and minimize disruptions to store operations.
• Analyze product performance metrics, including sell-through rates, stock-to-sales ratios, and gross margin return on investment (GMROI), to identify opportunities for assortment optimization and SKU rationalization.
• Collaborate with cross-functional teams, including logistics, operations, and finance, to develop and implement inventory management best practices and process improvements.
• Stay informed about industry trends, competitor activities, and market dynamics to anticipate changes in customer demand and adjust replenishment strategies accordingly.

• Bachelor's degree in business, supply chain management, retail management, or a related field.
• 3+ years of experience in replenishment planning, inventory management, or retail operations, preferably in the retail industry.
• Strong analytical skills with proficiency in data analysis tools such as Microsoft Excel, or business intelligence software.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with internal stakeholders and external partners.
• Detail-oriented mindset with a focus on accuracy and precision in inventory tracking and analysis.
• Ability to thrive in a fast-paced retail environment and manage multiple priorities simultaneously.
• Knowledge of inventory management systems (IMS), Oracle software, and retail merchandising principles is preferred.
• Passion for outdoor activities and familiarity with outdoor retail brands and products is a plus.

• This is a full-time position based at our headquarters in Cape Town, South Africa.
• Competitive salary and benefits package offered.
• Opportunity for career growth and advancement within the organization.
• We are an equal opportunity employer committed to diversity and inclusion in the workplace.