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Associate Inventory Planner in Chicago, IL at True Value

Date Posted: 5/20/2018

Job Snapshot

  • Employee Type:
  • Location:
    Chicago, IL
  • Job Type:
  • Experience:
    Up to 1 year(s)
  • Date Posted:

Job Description

Under the supervision of the Inventory Planning Manager, the incumbent in this role maintains the
department inventory planning, procurement and allocation process to achieve specific service level
and inventory productivity goals. The Inventory Planner is responsible for planning and forecasting for
future merchandise buys based on historical buys, reoccurring buys, sales forecasts, trends and
current inventory levels. Activities for this role include reviewing stock to sales ratios, responding to
changing sales trends, and ensuring plan sales, plan markups, and plan markdowns are achieved by
departments. Also works directly with members and vendors to achieve assigned Inventory and service
level goals at designated target levels.

Position Description

  • Forecasting:

- Develop annual inventory financial plan for assigned vendors/categories
- Develop in season forecast adjustments for assigned vendors/categores
- Develop promotional, seasonal and life cycle forecasts in conjunction with the
merchandise manager and the promotional forecast team

  • Procurement

- Responsible for forecasting, placing, and allocating all purchase orders for assigned
- Responsible for the day to day purchase order management and parameter setting
within the E3 replenishment system
- Communicates and coordinates with vendors, logistics and distribution for the expediting
of all purchase orders for assigned vendors/categories
- Assists in resolution to vendor supply chain issues

  • Inventory Management;

- Accountable for achieving service level goals and inventory turn for assigned
- Identification and process resolution for obsolete / slow moving inventory issues

  • Communication:

- Communicates with Members/store owners – answer questions and resolve
merchandise supply chain issues and problems
- Assists in resolution to vendor supply chain issues
- Attend Reunions

Position Qualifications

Minimum type and years of related experience required:

  • Up to 1 year of related experience required
  • Eperience in logistics, supply chain, and/or wholesale required
Minimum education required:
  • Bachelor's degree or equivalent work experience

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.


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