Designation - Inventory Analyst Location - Bangalore, India About us: As a Fortune 50 company with more than 400,000 team members worldwide, Target is an iconic brand and one of America's leading retailers. Working at Target means the opportunity to help all families discover the joy of everyday life. Caring for our communities is woven into who we are, and we invest in the places we collectively live, work and play. We prioritize relationships, fuel and develop talent by creating growth opportunities, and succeed as one Target team. At our core, our purpose is ingrained in who we are, what we value, and how we work. It's how we care, grow, and win together. PRIMARY FUNCTION : As part of the F&B Inventory Management team your daily deliverables you will be expected to: - Set objectives for your own work and support projects and programs. - Role uses theoretical professional concepts and applies company-established practices and processes to deliver work under general direction. - Effectively communicate with peers and partners - Provide guidance and training to others in the team At a business level You will be tasked on optimizing availability of an item at location level and understanding the impact on the supply chain. The priority shifts to driving efficient inventory positioning that maximizes profit and sales and utilizing replenishment systems to drive inventory placement strategies. PRINCIPAL DUTIES AND RESPONSIBILITIES: - Forecast Accuracy: own, measure and improve the forecast accuracy of inventory for various categories of business. You will be responsible to created tools and routines that will enable continuous improve of the key metrics. - Promo Management: Partner with Planners to manage inventory through accurate promo forecasting and rectifying all relevant components to achieve department instock goals. Set promo levers in Replenishment systems, advise risk to AD OOS and communicate store level risk/overstock. - Out Strategy Management: Perform End Of Season analysis, monitor and take actions to reduce lumpy inventory through markdowns, decoding, pushing and salvage. - Allocation: Maintain instock goals through effective product distribution. Analyze sales history and trend to maximize sales potential by developing allocation strategies that maintain proper store inventory levels. - Historical Analysis: Analyze and summarize business performance of product categories, monitor sales, inventory, margin and other factors impacting Instocks & profitability. - Communication: Ensure timely and proactive communication with key stakeholders such as Planner and Inventory Analysts at Target India and Minneapolis. - Providing weekly business insights for stores and digital through reporting dashboards - Execute pilots and transition for enterprise level inventory management priorities Invest in automation and process efficiency gains REPORTING/WORKING RELATIONSHIPS Reports to : Sr. Inventory Manager. Works closely with Planners and Inventory Management teams in Minneapolis and other teams as necessary. JOB REQUIREMENTS: MINIMUM REQUIREMENTS: - Graduate/PG with 4to 5 years of relevant work experience - Problem solving skills and knowledge on forecasting - Good data management and interpretation - Ability to communicate clearly and effectively - Proficiency in excel and good knowledge of other MS Office tools - Assertiveness and strong initiative - Ability to work well with others and contribute to a positive environment. - Highly motivated and committed to the development of high-quality work DESIRED REQUIREMENTS: - Retail industry knowledge - Working knowledge of supply chain - Knowledge on basic statistical concept desirable but not a derailer - Knowledge of VBA; MS Access desirable but not a derailer

Bangalore

Target.com - Inventory Analyst 

Job Description for Target.com - Inventory Analyst  in Target Corporation India Pvt Ltd in  Bangalore for (4-5) years of experience. Apply Now!