Inventory Planning Forecast Analyst

About the position Chervon is one of the world’s largest power tool and outdoor power equipment manufacturers with a rich history of innovation. Chervon’s commitment to build a better world by building better tools is evident in the products we manufacture and our green approach to manufacturing. We focus on hand-held portable power tools, stationary bench tools, laser and electronic equipment and outdoor power equipment. With world-class R&D, design, manufacturing, supply chain, marketing, sales, and service teams throughout the world, we do it all. Job Summary The Inventory Planning/Forecast Analyst is responsible for developing and implementing strategies that maximize sales and inventory productivity and maintains the appropriate in-stock positions and manages inventory in the most effective manner across all stores, distribution centers and SKUs for the Industrial Construction and OPE - Direct Dealer Channels. The Inventory Planning/Forecast Analyst will work cross-functionally with internal teams to accomplish team goals and to improve inventory productivity. The Analyst creates accurate forecasts to support established financial goals; develops the inventory and replenishment strategies; manages parameters for each assigned product line to execute the replenishment strategies; and achieves target in-stock levels and planned inventory turns. Responsibilities • Inventory Planning & Forecasting Provide forecast and pro-forma projections working with Sales Directors and Key Account Managers in the IC and DD Channels • Provide accurate in-stock reporting on a weekly basis • Review suggested orders with factory and reconcile to forecasts • Inform and work closely with entire Operations team on current and future orders • Provide weekly sales/operations dashboard reporting including reviews and comments on at risk inventory levels for IC and DD Channels • Work collaboratively with Key Accounts on forecasts and shipment flow planning. • Provide accurate in-stock and supply risk reporting on a weekly basis to the key account managers • Ad hoc report requests regarding forecast and account financial planning on a monthly basis • Work collaboratively with the customer account contacts to align on the total unit forecast and the per month forecast phasing • Analyze weekly POS trends in order to predict shifts in the demand in the marketplace • Direct Flow Management Own and represent the complete 52-week Sales/Inventory forecast and goals; Accountable for stores and regional distribution centers (RDCs) with Key Accounts • Work with factory/operations teams to ensure on-time shipping and most cost-effective distribution method; Help to manage inventory in Chervon’s domestic and direct import warehouses to help support in-stock targets established by IC and DD Channels Requirements • 3-5+ years of experience in a retail inventory, planning and replenishment role • BS/BA degreed with supply chain management, inventory management, finance or a related field • Strong analytical and problem-solving skills • Ability to quickly retrieve, manipulate, analyze and interpret data • Critical thinking skills to identify the strengths and weaknesses of alternative solutions • Ability to understand and foresee implications of new information for current and future problem solving • Good written and verbal communication skills • Strong ability to multi-task and handle competing priorities at once • Self-starter as well as major contributor to his/her team • Extensive knowledge of Microsoft Excel • Strong understanding of inventory management principles and data analytics • Strong understanding of inventory management systems • Financial acumen skills • Understanding of supply chain and merchandising processes • Understanding of distribution, transportation, and supplier manufacturing principles • Proven work experience in a quantitatively/analytical-heavy role • Self-starter with excellent interpersonal communication and problem-solving skills Benefits • health • dental • vision • short/long-term disability • life insurance • parental leave • a generous 401(k) match • an open PTO program • a hybrid work environment