Inventory Planner

Are you a highly organized and detail-oriented individual with a passion for data analysis and inventory management? Do you thrive in a fast-paced and dynamic work environment? If so, then we have the perfect opportunity for you! Lowe's is seeking a skilled Inventory Planner to join our team and help us efficiently and effectively manage our inventory levels. As an Inventory Planner, you will play a crucial role in ensuring that our stores have the right products at the right time to meet customer demand. If you have a knack for problem-solving, strong communication skills, and a keen eye for detail, we want to hear from you. Join us at Lowe's and be a part of a company that values its employees and promotes a culture of growth and development.

1. Develop and implement inventory management strategies to ensure adequate stock levels and avoid stock shortages.
2. Analyze sales data and market trends to identify potential inventory risks and opportunities.
3. Collaborate with suppliers and vendors to negotiate pricing, quantities, and delivery timelines.
4. Monitor inventory levels and make recommendations for inventory adjustments based on sales forecasts and historical data.
5. Work closely with cross-functional teams, including merchandising, logistics, and store operations, to ensure timely and accurate replenishment of inventory.
6. Utilize inventory management systems and tools to track and manage inventory levels, item performance, and turnover rates.
7. Conduct regular store visits and audits to assess inventory accuracy and resolve any discrepancies.
8. Develop and maintain strong relationships with suppliers and vendors to ensure timely delivery and quality of products.
9. Train and mentor team members on inventory management processes and procedures.
10. Communicate inventory status and updates to relevant stakeholders, including senior management.
11. Identify and implement process improvements to increase efficiency and reduce costs related to inventory management.
12. Stay up-to-date on industry trends and best practices in inventory management.
13. Adhere to company policies and procedures, including safety protocols, at all times.
14. Participate in inventory planning meetings and provide input on inventory strategies and initiatives.
15. Maintain accurate and organized records of inventory data and reports.

According to JobzMall, the average salary range for a Inventory Planner in West Des Moines, IA, USA is $40,000 - $70,000 per year. However, this can vary depending on factors such as experience, education, and the specific company or industry the individual works for. Some Inventory Planners may also receive bonuses or commissions on top of their base salary.

Lowe's Companies, Inc., doing business as Lowe's, is an American retail company specializing in home improvement.