Inventory Planning Specialist

1 week ago


Melbourne, Victoria, Australia JB Hi-Fi Full time
Key Responsibilities
  • Develop inventory management plans to support day-to-day operations, product launches, and promotions.
  • Create purchase orders to suppliers within category open-to-buy limits.
  • Constantly interact with sales teams to assess demand requirements and reflect changes in SKU-level forecasts.
  • Conduct financial risk assessments on prospective purchases.
  • Support the retail store network with all inventory-related inquiries.
  • Conduct root cause analysis when necessary.
  • Identify current and potential product shortages, develop recovery plans, and advise stakeholders of status and recovery plans.
  • Maintain and update master files, including items, vendors, pricing, etc.
  • Coordinate SKU-level unit forecasts within agreed-upon Product Category revenue expectations.
  • Achieve consensus on operating plans and inventory goals.
  • Provide reports and requested information to product managers as needed.
  • Develop systems and procedures required to meet service and inventory turn objectives.
  • Build rapport and manage relationships with suppliers.
  • Assist product managers in category promotional activity across ATL and BTL.
  • Maintain store merchandising planograms.
  • Assist product managers in developing new merchandising material (POS) as required and work with the category development team on execution.

About You

  • Bachelor's degree in Business, Accounting, or equivalent education and experience (preferred but not essential).
  • Retail industry experience.
  • Strong skills in Microsoft Excel (pivot tables, vlookups, hlookups).
  • Strong analytical skills – creating and interpreting sales and profit reports.
  • Ability to build relationships with suppliers and stakeholders.
  • Good understanding of Master Data and Databases.
  • Good understanding of Supply Chain Metrics.

$60,000 - $80,000 per annum



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