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Senior Analyst - Inventory Planning & Replenishment

Staples Canada
1 month ago
Full-time
On-site
Richmond Hill, ON, Canada
$64,300 - $80,350 CAD yearly
LinkedIn

Job DescriptionSome of what you will do:The Inventory Planning & Replenishment Sr Analyst plays a key role in managing a complex inventory portfolio and supporting the development of inventory strategies that improve service, inventory productivity, and overall supply chain performance. This role requires strong analytical capability, sound decision-making, and the ability to influence outcomes across vendors and internal business partners. The Senior Analyst is expected to proactively identify risks and opportunities, recommend data-driven solutions, and help drive improvements in key performance indicators. The role also contributes to a collaborative, accountable, and continuous improvement-focused team environment by sharing insights, supporting peers, and helping mature inventory planning and replenishment practices.Specifically, You WillINVENTORY PLANNING & PORTFOLIO MANAGEMENT (40%):Portfolio ManagementManage inventory performance across an assigned portfolio, including in-stock levels, inventory turns, weeks of supply, fill rate, aged inventory, and excess inventory. Develop and execute inventory strategies that balance service levels, working capital, vendor constraints, promotional activity, and business priorities. Support open-to-buy planning, inventory investment decisions, and excess inventory reduction initiatives. Inventory PlanningMaintain and optimize key planning inputs, including forecasts, safety stock, lead times, order cycles, minimum order quantities, and service level assumptions. Identify root causes of inventory issues, recommend and execute practical actions to improve performance. Translate business priorities into clear execution plans and escalate risks with recommended solutions.CROSS-FUNCTIONAL PARTNERSHIP & VENDOR MANAGEMENT (30%):Vendor ManagementPartner with vendors to address supply constraints, improve fill rates, lead times, and overall service performance. Track commitments and follow up with internal and external partners to support timely execution. Cross-Functional PartnershipWork closely with Merchandising, Sales, Operations, and other business partners to align inventory plans with promotions, assortment changes, seasonal demand, and customer requirements. Perform scenario planning and provide clear, data-driven recommendations to support inventory, purchasing, and vendor decisions. Influence outcomes through strong communication, effective relationship-building, and constructive challenge where appropriate.DATA ANALYSIS, REPORTING & PROCESS IMPROVEMENT (15%):Data AnalysisUse planning systems and analytical tools to assess portfolio performance and identify risks, trends, and opportunities. Support more proactive and exception-based planning by identifying service or inventory risks before they impact results. ReportingBuild or enhance reports, dashboards, and analytical models to support inventory decision-making. Process ImprovementChallenge the status quo by identifying opportunities to streamline recurring analysis, improve processes, and automate manual work. Share technical knowledge and planning best practices to support team capability and continuous improvement.TEAM CONTRIBUTION & ACCOUNTABILITY (15%):Team ContributionContribute to a collaborative and accountable team environment. Provide informal guidance and support to peers through knowledge sharing and best-practice adoption. Contribute to the continued maturity of inventory planning and replenishment processes, tools, and routines. AccountabilityDemonstrate ownership of portfolio results while supporting shared business objectives. Communicate risks, opportunities, and recommendations clearly and professionally.Some Of What You NeedKNOWLEDGE, SKILLS & COMPETENCIES:Inventory Planning & Business AcumenStrong knowledge of inventory planning, replenishment, forecasting, vendor lead times, safety stock, and supply chain KPIs. Strong business and financial acumen, including an understanding of how inventory decisions impact …

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