Love's Travel Stops · 1 month ago
Inventory Planning Analyst
Oklahoma City, OK
Full-time
Onsite
Entry, Mid Level
2+ years expLove's Travel Stops is a family-owned and operated business headquartered in Oklahoma City, focused on innovation and customer service. The Inventory Planning Analyst will support advanced inventory optimization initiatives through enhanced analytics, forecasting, and replenishment processes while collaborating with various teams to improve inventory performance metrics.
Responsibilities
Implement and recommend enhancements to Love’s inventory strategy and replenishment processes
Collaborate with cross functional partners to refine inventory initiatives
Analyze and implement Love's inventory strategy and replenishment processes to improve inventory performance, meet in-stock percentage goals, optimize inventory turnover and mitigate aging inventory
Implement tailored inventory strategies based on category, seasonality, promotions, and both domestic and international suppliers in accordance with the financial plan & business objectives
Coordinate special programs, large buys, and end of month/quarter deals to recommend potential purchasing incentives
Optimize all aspects of the purchase order and inventory replenishment process to include forecasting, generating purchase orders, vendor communication, monitoring shipping timelines, confirming delivery, and approving invoices
Collaborate with inbound logistic partners to coordinate deliveries
Enhance strategic vendor partnerships by collaborating with vendors to leverage forecast and implement inventory strategies
Optimize predictive modeling, machine learning, and other analytical tools to deliver data-driven insights that support strategic decision-making
Enhance reporting and analysis tools via business intelligence platforms to analyze sales, purchasing, and inventory patterns
Develop analytical reporting to improve supply chain processes
Utilize analytics and business knowledge to create cost-effective purchase orders, achieving required goals and relevant KPIs
Analyze and optimize process flows, identify gaps, and implement improvements to efficiency standards
Provide testing and recommendations on new technology enhancements to Love's inventory and replenishment platforms & tools
Leverage technology to effectively execute business strategies and objectives
Qualification
Required
BA degree or higher in Supply Chain Management or other business-related field and/or 2-5 years relevant work experience
In-depth, hands-on knowledge of retail merchandising systems
Proven experience with troubleshooting principles, methodologies, and issue resolution techniques
Highly motivated self-starter
Strong analytical and problem-solving abilities
Excellent written, oral, and interpersonal skills
Must thrive in fast-paced environment
Demonstrated proficiency with Microsoft Office Products, specifically Excel
Requires prolonged sitting, some bending and stooping
Manual dexterity sufficient to operate a computer keyboard and calculator
Requires normal range of hearing and vision
Preferred
Knowledge of industry trends, 'best practices' and Six Sigma process improvements
Knowledge and usage of Blue Yonder, Tableau and/or SQL
Benefits
Company funded tuition assistance
Paid Time Off
401(k) – 100% Match up to 5%
Medical/Dental/Vision Insurance after 30 days
Competitive Pay
Career Development
Company
Love's Travel Stops
Founded in 1964 by Tom Love, Love’s Family of Companies is headquartered in Oklahoma City, and remains entirely family-owned and operated.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Brianna Hubbard, SHRM-CP
HR Business Partner
Derek Rusinek
Field Employee Relations Partner
Company data provided by crunchbase