Retail Inventory Analyst

This is a fully remote position, open to applicants in Colorado, +12 more states.

📋 Description

• Oversee and enhance inventory planning, allocation, replenishment, and assortment strategies across the retail locations of Portland Leather Goods.

• Independently design, implement, and modify inventory allocation and replenishment strategies based on sales performance, inventory trends, and business requirements.

• Establish inventory levels, product distribution, replenishment quantities, assortment modifications, purchasing necessities, and product orders within set parameters.

• Make decisions regarding assortments, inventory adjustments, and clearance strategies for underperforming or surplus merchandise.

• Analyze sales trends, product demand, seasonality, and historical performance to determine suitable inventory levels.

• Oversee inventory planning for product launches, promotional activities, seasonal transitions, and the opening of new retail stores.

• Assess inventory investment decisions to strike a balance between product availability, inventory turnover, and profitability.

• Examine stock levels, turnover rates, sell-through rates, shrinkage, stockouts, and aged inventory.

• Create demand forecasts utilizing historical sales data, seasonal patterns, and projected business growth.

• Generate inventory performance reports and share insights, trends, and strategic recommendations with Retail Leadership.

• Collaborate with Supply Chain, Merchandising, Retail Operations, and third-party logistics providers.

• Coordinate inventory planning and product availability for new store openings, encompassing soft launches and grand openings.

• Address inventory discrepancies, distribution issues, and product availability concerns with cross-functional teams.

• Identify and implement enhancements to inventory management systems, forecasting methodologies, replenishment processes, and operational procedures.

• Leverage inventory management technology, reporting tools, and analytical systems to enhance decision-making.

• Monitor the effectiveness of implemented inventory strategies and adjust them based on business performance.

• Work remotely while regularly collaborating across departments and retail locations.

• Travel occasionally, up to 10%, to support retail operations, store openings, inventory initiatives, and business meetings.

⛳️ Requirements

• A Bachelor's degree in Business Administration, Supply Chain Management, Retail Management, Finance, or a related field is preferred.

• 1–3 years of experience in retail inventory analysis, inventory planning, allocation, replenishment, retail buying, or a similar field.

• Experience with soft goods merchandise in the retail market is required, preferably in apparel, footwear, handbags, accessories, or similar consumer products.

• Experience in analyzing sales performance and making inventory purchasing, allocation, or replenishment decisions is preferred.

• Experience supporting multiple retail locations or managing a growing retail business is essential.

• Advanced proficiency in Microsoft Excel, including data analysis, forecasting, and reporting is required.

• Experience with ERP and inventory management systems such as NetSuite, NetSuite POS, Shopify, SAP, Oracle, or comparable systems is required.

• Familiarity with business intelligence and data visualization tools such as Tableau or Power BI is preferred.

• Strong understanding of retail inventory metrics, including inventory turnover, sell-through, stock-to-sales ratios, and demand forecasting.

• Ability to analyze complex business information and make informed inventory decisions independently.

• Capability to develop inventory strategies aligned with financial objectives and operational priorities.

• Understanding the financial implications of inventory investments, purchasing, clearance decisions, and product allocation.

• Strong skills in data interpretation, trend identification, and translating findings into actionable business strategies.

• Ability to independently recognize challenges, assess alternatives, and implement effective solutions.

• Excellent written and verbal communication skills to collaborate across departments and convey business recommendations.

• Strong attention to detail and the ability to manage competing priorities in a fast-paced retail environment.

• Must reside in a state where the company is currently registered to conduct business and process payroll: Oregon, Texas, Washington, Florida, Virginia, South Carolina, Nevada, Illinois, Michigan, Ohio, Colorado, Tennessee, New Hampshire, or Georgia.

🏝️ Benefits

• Health, dental & vision insurance (75% cost covered by PLG for the team member).

• 401(k) with a 4% company match.

• Discounted pet insurance.

• Holidays (including 1 floating holiday), vacation & sick time.

• Store discount.

• Dynamic & collaborative team environment.

• Equal Opportunity Employer committed to an inclusive environment.