Retail Inventory Analyst

The Retail Inventory Analyst is responsible for overseeing and optimizing inventory planning, allocation, replenishment, and assortment strategies across Portland Leather Goods' retail locations. This position plays a key role in ensuring product availability, maximizing inventory efficiency, supporting store openings, and driving overall retail profitability. This role requires a combination of analytical expertise, strategic thinking, and independent decision-making. The Retail Inventory Analyst will have the authority to make inventory purchasing, allocation, assortment, replenishment, and clearance decisions that directly impact the company's financial and operational performance. Working collaboratively with Retail Leadership, Supply Chain, Merchandising, and third-party logistics partners, this position will develop and implement inventory strategies, evaluate business performance, and identify opportunities to improve retail inventory operations. Key Responsibilities Inventory Strategy & Decision-Making Independently develop, implement, and adjust inventory allocation and replenishment strategies across retail locations based on sales performance, inventory trends, and business needs. Exercise independent judgment when determining appropriate inventory levels, product distribution, replenishment quantities, and assortment adjustments. Establish and modify inventory management processes, procedures, and strategies to improve operational efficiency and inventory performance. Evaluate inventory risks, identify opportunities, and implement corrective actions to minimize overstock, stockouts, and excess inventory. Make inventory-related decisions that have a meaningful financial and operational impact on retail performance. Purchasing, Replenishment & Assortment Management Independently determine purchasing and replenishment needs and authorize product orders within established business and financial guidelines. Make assortment decisions, including adding, reducing, reallocating, or discontinuing products across retail locations. Determine inventory adjustments and execute clearance strategies for slow-moving or excess merchandise. Analyze sales trends, product demand, seasonality, and historical performance to establish appropriate inventory levels. Manage inventory planning for product launches, promotional initiatives, seasonal changes, and new retail store openings. Evaluate inventory investment decisions to balance product availability, inventory turnover, and profitability. Inventory Analysis & Financial Performance Analyze inventory performance across retail locations, including stock levels, turnover, sell-through rates, shrinkage, stockouts, and aged inventory. Evaluate financial and operational implications of inventory purchasing, allocation, and clearance decisions. Develop demand forecasts using historical sales data, seasonal trends, and anticipated business growth. Identify inventory inefficiencies and independently implement strategies to improve product availability and operational performance. Prepare inventory performance reports and present business insights, trends, and strategic recommendations to Retail Leadership. Supply Chain & Cross-Functional Collaboration Collaborate with Supply Chain, Merchandising, Retail Operations, and third-party logistics providers to ensure effective inventory distribution. Coordinate inventory planning and product availability for new store openings, including soft launches and grand openings. Make inventory allocation and replenishment decisions to support individual store performance and company-wide retail objectives. Partner with cross-functional teams to resolve inventory discrepancies, distribution challenges, and product availability concerns. Evaluate operational challenges and implement solutions to improve inventory accuracy, distribution efficiency, and inventory movement. Process Improvement & Operational Strategy Identify opportunities to improve inventory man…

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