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Merchandise Inventory Analyst, (Hybrid)- Ulta Beauty

Company: Ulta Beauty
Location: Bolingbrook
Posted on: November 18, 2022

Job Description:


Experience professional empowerment. With over 1,200 stores throughout the U.S., designs to expand internationally, and a thriving E-Commerce platform, Ulta Beauty provides its merchandise associates the bandwidth needed to set new trends, identify potential, and take calculated risks. For professionals with an adventurous spirit who thrive in a collaborative context, who are energized by ambiguity and problem-solving, who want to experience the results of their efforts, and who are inspired by the recognition of superior performance we encourage you to make all of it your own. Discover the possibilities of Ulta Beauty. And experience greater heights of professional success & personal satisfaction. THE IMPACT YOU CAN HAVE:The Inventory Analyst is responsible for implementing and executing an efficient and profitable replenishment strategy for all retail channels and distribution centers within ULTA. They will manage the allocation and replenishment of designated product category(s) to maintain an in stock standard while achieving planned inventory financial objectives. CORE JOB RESPONSIBILITIES:

  • Create purchase orders for all ads, events including weekly replenishment and promotional orders leveraging forecasts.
  • Provide analytics/insights to support business decisions to optimize sales and productivity.
  • Establish and maintain Vendor relationships improving on fill rate, and on time delivery, while improving omni-channel in stocks.
  • Actively participate in weekly cross-functional team meetings
  • Drive towards maintaining or exceeding KPI goals inclusive of driving sales, margin, and inventory turn and in-stocks
  • Weekly review and updates to store level forecasts within the forecast and replenishment system ADDITIONAL RESPONSIBILITIES:
    • Complete on-going training and development courses supported by the HR Training Team or the Merchandise Operations Training Team. THE ESSENTIALS FOR SUCCESS:
      • 1-2 years working in retail or related environment. Forecast and Replenishment system knowledge preferred
      • Demonstrate excellent verbal and written communication skills as well as strong listening skills
      • Critical thinker, able to interact professionally with both internal and external stakeholders and influence with data
      • Overtime and weekends as needed.
      • Excellent organizational skills with a strong eye for detail, and capable of multi-tasking
      • Willingness to adopt new processes, and be a change advocate.
      • Strong Microsoft Office skills with solid proficiency in usage of Excel. Working knowledge of SAP or JDA a plus
      • Ability to work with large amounts of data into trends and develop accurate and actionable insights based on the data
      • Strong problem solving, retail math, and analytical skills.
      • Highly motivated individual with strong initiative and positive attitude
      • Strong work ethic, ability to meet tight deadlines/thrive in fast-pace environment
      • Professionalism and confidentiality required both internally & externally
      • Follows principles & values to do the right thing
      • Ability to embrace/maneuver change with a positive attitude

        At Ulta Beauty (NASDAQ: ULTA), the possibilities are beautiful. Ulta Beauty is the largest North American beauty retailer and the premier beauty destination for cosmetics, fragrance, skin care products, hair care products and salon services. We bring possibilities to life through the power of beauty each and every day in our stores and online with more than 25,000 products from approximately 500 well-established and emerging beauty brands across all categories and price points, including Ulta Beauty s own private label. Ulta Beauty also offers a full-service salon in every store featuring hair, skin, brow, and make-up services. We will consider for employment all qualified applicants, including those with arrest records, conviction records, or other criminal histories, in a manner consistent with the requirements of any applicable state and local laws, including the City of Los Angeles Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York City Fair Chance Act. Associated topics: buyer, inventory, merchandise, purchase, raw material, ship, shipment, store, supplier, supply chain

Keywords: Ulta Beauty, Bolingbrook , Merchandise Inventory Analyst, (Hybrid)- Ulta Beauty, Professions , Bolingbrook, Illinois

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