Inventory Optimization Analyst II

What Drives Success

This analyst assists in the application of statistical and qualitative methods to optimize inventory settings, policies and practices. In addition, the person in this position has the opportunity to work with the organization to communicate and validate strategic inventory assortment and working capital objectives.

Duties Include, But Are Not Limited To

• Apply statistical analysis and business knowledge to optimize inventory parameter setting.
• Contribute to inventory management policies and processes and support implementation across locations.
• Apply policies to determine and maintain store stock assortments.
• Contribute to standards to track and monitor inventory results relative to objectives.
• Cookordination with supply and demand planning to update key inventory parameters that drive the planning and execution systems.

What We Are Looking For

Requires a bachelor's degree or an equivalent combination of education and experience. Requires at least 2 year related experience. A master's degree or equivalent is preferred. Broad business acumen with a strong understanding of how inventory decisions impact sales, inventory attrition, working capital, and operating costs. Thorough knowledge of inventory optimization principles, methodologies, and industry best practices. Expert understanding of Supply Chain Management principles. Ability to apply appropriate statistical methods to large and complex data sets. Knowledge of multi-echelon inventory optimization concepts and the ability to evaluate optimization outputs and recommend improvements. Understanding of lot-size optimization mathematical models and the ability to assess configuration results and suggest enhancements. Strong analytical, decision-making, and problem-solving skills. Demonstrated continuous improvement mindset and process optimization experience. Excellent interpersonal, communication, and cross-functional collaboration skills. Ability to coordinate work within a team environment and influence stakeholders. Proficiency with Microsoft Office applications, including Excel, Word, PowerPoint, and Access. Working knowledge of SAP ECC. Working knowledge of SAP APO or comparable supply chain planning systems. Experience configuring inventory optimization tool parameters such as SO99, i2, Manugistics, or similar applications. Basic knowledge of statistical software packages such as SPSS, Minitab, or equivalent.

What We Offer

Compensation: This is a salaried exempt role. The starting salary range for this role and market is between $70,400 - $92,400 annually. Factors that may affect starting salary include geography/market and the skills, education, experience, and other qualifications of the successful candidate. Employees in this role are also eligible for an annual bonus in accordance with the terms of the Company’s applicable plan. Employees in this role are not eligible for overtime.

Benefits: Subject to applicable eligibility requirements, the following benefits are offered for this role: tuition reimbursement; medical, dental, and vision insurance; prescription drug coverage; 401(k) retirement plan; short-term disability insurance; 8 weeks paid birthing leave; 2 weeks paid bonding leave; life and long-term disability insurance. Depending on date of hire, and subject to applicable eligibility requirements, new employees in this role also receive up to: 12 days paid time off, 2 paid well-being days, 1 paid volunteer day, 12 paid holidays, and 3 floating holidays per year.

Our Culture

At Lennox, our Core Values of Integrity, Respect & Excellence are ingrained in the fabric of the organization. They define our culture – which is about how we do business and how we treat others. Lennox is not just a workplace; we are a global community that values each team member’s contributions. As an equal opportunity employer, we are committed to recruit, develop, and retain talented individuals from a wide range of backgrounds, ensuring that everyone has the opportunity to succeed and contribute to our continued growth and success. At Lennox, you’ll take pride in our brands, knowing you are part of something special. Come, stay, and grow with us!