At Lowe's India, we are the enablers who help create an engaging customer experience for our nearly $90 billion home improvement business at Lowe's. Our 3100+ associates work across technology, analytics, business operations, finance & accounting, product management, and shared services. We leverage new technologies and find innovative ways to ensure Lowe's has a strong competitive edge in the market. Lowe’s India is certified as a Great Place to Work by the Great to Place to Work® Institute, India, and has been recognized as one of Economic Times Best Brands for 2020.
Our Technology team supports E-commerce, Mobile, IT & Cloud Infrastructure, and Corporate Systems at Lowe's India, enabling various functions such as supply chain, merchandising, distribution, corporate services, etc. The Data & Analytics teams help make data-driven decisions in merchandising, store operations, finance, and supply chain. The Business Services team builds business services capabilities across Merchandising, Marketing, Supply Chain, Store Operations, Enterprise Item Content, and Private Brands. The Finance and Accounting team manages Transaction Accounting, Customer and Inventory Accounting, Margin and Cost Accounting, Financial Planning and Analysis, Business Finance support, Tax and Enterprise Strategic Sourcing for the U.S. and Canada business. The Product Management team builds and manages tech products and solutions for our stores and online channels. Lastly, our Shared Services team empowers other groups to do their job well. To know more about Lowe’s India, visit www.lowes.co.in.
About The Team
The inventory Replenishment team is responsible for executing inventory replenishment processes, performing data analysis, and generating business reporting to ensure inventory flows smoothly within the network while maintaining the business KPIs like In-Stock, Processing Speed, Operational Efficiency, etc. as per business agreement.
Job Summary
The Inventory Associate Analyst role will be aligned to one Business Area and responsible for executing Inventory Management processes and contributing to the operational and strategic priorities to drive IR KPI improvements (In-stock% and TSPM%), which drives improved sales and return on investment. This role requires building a 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 ensure order flow meets designated capacity constraints throughout the supply chain. Executes IR system and process 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 they attain steady state.
Roles & Responsibilities
Core 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, and 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
1-2 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 Or
- MBA or master’s degree in Supply Chain preferred
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
Lowe's is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.
Starting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience. For information regarding our benefit programs and eligibility, please visit https://talent.lowes.com/us/en/benefits.
