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Replenishment Analyst - Bengaluru, India - Hudson's Bay Company
Description
Job Description
Who We Are:
HBC is a diversified global retailer focused on driving the performance of high quality stores and their all-channel offerings, growing through acquisitions, and unlocking the value of real estate holdings. Founded in 1670, HBC is the oldest company in North America. HBC's portfolio today includes formats ranging from luxury to premium department stores to off price fashion shopping destinations, with more than 300 stores and over 40,000
employees around the world.
HBC's leading banners across North America include Hudson's Bay, Saks Fifth Avenue & Saks OFF 5 TH .
HBC has significant investments in real estate joint ventures. It has partnered with Simon Property Group Inc. in the HBS Global Properties Joint Venture, which owns properties in the United States. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC Joint Venture. The HBC India corporate teams focus on Finance & Accounting, Technology, Merchandising and Shared Service operations. HBC's entrance into this market has expanded the company's global footprint and further established HBC as a truly global retailer. The teams in the India office play an integral role in supporting HBC's strategic plan. Bengaluru's workforce has deep experience in a variety of areas, including finance and accounting, technology, as well as other shared services and will support HBC's operations on an ongoing basis. You can learn more and view available positions in Bengaluru, by visiting
What This Position Is All About:
Help HBC deliver high-quality, trend-right, and luxury merchandise to our Store and Online customers By performing various Inventory allocation tasks, you will make sure the right products are at the stores at the right time. You will also work with a wide range of Buyers & Planners from our headquarters and world-renowned Brands to turn ideas into great merchandise.
Who You Are:
Generates a variety of approaches to problem solving including and new and novel ideas
* Comfortable with change and challenging convention.
* Inspires others with their vision and sense of purpose
* You have a can-do attitude and a curious mindset
* Approach your work through the lens of the customer to drive in-store and digital business
As the Replenishment Analyst, you will:
General
Manage Vendor Relationship
* Work closely with the vendor & merchant team ensuring the strategy for regular business, launches, and transition is managed
* Have weekly communication with the vendor to ensure the level of stock and react when needed. Review any opportunity and upcoming promotions
* Provide the Planning team with any analysis needed for the business
* Work with vendor and prepare & review allocation for all promotions
* Analysis of flow product, purchase orders, sales, etc. in order to improve replenishment allocations
* Develop strategies relating to flow of product
* Adhere to business processes related to the position and offer suggestions for improvement where possible including analysis of store and sku productivity and any +/- recommendations
* Other duties and special projects as assigned
Plan
Prepare collaborative forecasting
* Review merchandise quantification & allocation
* Inventory management – review WOS, model stocks and suggest stock balancing (RTV/transfers)
* Review DCM parameters and maintenance of AR items (new items & updates)
* Manage buy plans/order flows
* Create/Review allocations for all types of orders
* Make purchase order changes (dates, quantity, UPC's etc)
* Create/Track purchase orders and monitor fill rates
Key Partnerships:
HBC Merchandising
Partners with Buyer to develop assortment plan, reconciling top down / bottom up financial plans across all categories
* Owns post-season analysis and drafts learnings with Buyer
* Reviews items exceptions with Buyer HBC Supply Chain/ Replenishment
* Manages Open-to-Buy for repeat business including AR, VMI, Central stock
* Liaises with Logistics regarding flow needs
Job Qualifications
Must haves:
MBA/other post graduations
* Proven experience 1 or 2 years in inventory management, demand planning, or supply chain analysis.
* Strong analytical, forecasting, problem solving, and detail orientation
* Advanced Knowledge of MS Office (Word, Excel)
* Excellent attention to detail and organizational skills
* Ability to manage large sets and interpret data
* Exceptional written and verbal communication skills
* Ability to work collaboratively in cross-functional teams
Good to haves:
Basic SQL, Tableau/PowerBI
* Working experience in dealing with NA clients
Your Life and Career at HBC:
Be part of a world-class team; work with an adventurous spirit; think and act like an owner-operator
* Exposure to rewarding career advancement opportunities from IT to Human Resources to Merchandising to Finance.
* A culture that promotes a healthy, fulfilling work/life balance
Thank you for your interest with HBC. We look forward to reviewing your application.
HBC provides equal employment opportunities (EEO) to all employees and applicants for employment.
Replenishment Analyst professionals in Bengaluru
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saritha madhan
Retail and Supply Chain professional