Store Replenishment Planner
Music and Arts
- Bethesda, MD
- Permanent
- Full-time
- Demand Forecasting: Utilize historical sales data, market trends, and seasonality patterns to forecast future demand for each store location and product category.
- Replenishment Planning: Generate replenishment orders, allocation plans, and inventory forecasts to ensure stores are adequately stocked with the right products at the right time.
- System Optimization: Continuously monitor and optimize the JDA E3 system performance, parameters, and configurations to improve replenishment accuracy and efficiency. Communicate processing issues and action appropriately to ensure minimal impact on business.
- Improve Customer Experience: Monitor out-of-stock occasions to employ changes in replenishment parameters to eliminate lost sales.
- Collaboration: Work closely with cross-functional teams, including other Merchandising teams, Supply Chain, and Store Operations, to align replenishment strategies with business goals and priorities. Work closely with Merchandising teams to understand product assortments, promotions, and new product launches to incorporate into replenishment plans.
- Innovate: Identify opportunities to innovate the way we plan for and execute replenishment to include allocation, seasonal profiling, case or inner pack expansion, and AGMROI enhancement.
- Store Clustering: Assess and support unique managed assortments across identified store clusters.
- Event-based replenishment: Build and implement programs to support critical seasons and events such as our Rental Season, Free Guitar weekends, and Upgrade your Sound events.
- Inventory Planning: Determine optimal inventory levels for each store based on demand forecasts, sales velocity, lead times, and store-specific factors.
- Process Improvement: Identify opportunities to streamline replenishment processes, enhance system capabilities, and drive efficiency gains in replenishment planning and execution.
- Performance Monitoring: Monitor key performance indicators (KPIs) related to replenishment accuracy, inventory turns, service levels, and stockouts to assess system performance and identify areas for improvement.
- Issue Resolution: Investigate and resolve any issues or discrepancies related to replenishment orders, inventory discrepancies, or system errors in a timely manner.
- Documentation: Maintain documentation of system configurations, processes, and best practices related to JDA E3 replenishment planning.
- Reporting: Prepare and present regular reports on replenishment performance, inventory levels, and key metrics to management and cross-functional teams.
- Bachelor's degree in business, merchandising, supply chain management, computer science, or a related fieldor equivalent experience in a related discipline
- 2+ years of experience in replenishment planning, inventory management, or supply chain analysis, preferably using the JDA E3 software system.
- Proficiency in using JDA E3 or similar replenishment planning software systems.
- Strong analytical skills with the ability to analyze complex data sets and derive actionable insights.
- Excellent communication and collaboration skills to work effectively with cross-functional teams and stakeholders.
- Detail-oriented with a focus on accuracy and precision in replenishment planning and execution.
- Knowledge of demand forecasting techniques, inventory optimization principles, and supply chain concepts.
- Ability to prioritize tasks, manage multiple projects simultaneously, and thrive in a fast-paced environment.
- Experience in retail or consumer goods industries is a plus.