Big Lots

Merchandise Analyst (Allocation)

Big Lots  •  Columbus, OH (Onsite)  •  11 hours ago
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Job Description

  • Allocate inbound merchandise and DC inventory based upon sales performance, trends, lost sales opportunities, and specific merchant category strategies. Maintain inventory balance by store across the chain.
  • Coordinate with buyer and planner to ensure stores have appropriate minimum quantities to both present the product correctly and support advertising.
  • Ensure new stores are allocated the correct assortment and inventory levels to support the category sales plan and any unique store characteristics.
  • Provide observations, conclusions and recommendations to the buyer, planner, and director, based on comparing actual results to the forecast, for the purpose of improving future allocation strategies.
  • Achieve annual sales dollar and inventory turn targets for assigned product areas at chain level.
  • Actively collaborate and communicate with the cross-functional team to meet goals, complete tasks and solve problems. Demonstrate strong analytical skills and the ability to recognize trends and prioritize workload.
  • Support buyers and planners with any requested ad hoc analysis, with a focus on providing data-driven observations, conclusions and recommendations.

Qualifications:

  • College degree, preferred.
  • One to two years of retail, business analysis or business planning experience.
  • Excellent communication skills, both oral and written.
  • Strong analytical and evaluative skills, including the ability to prioritize, recognize trends and problem solve.
  • System capable in spreadsheet, word processing, analytical and data warehouse tools.
  • Capable of learning new processes and tools quickly.
  • Capable of achieving business results through cross-functional team-work.
Big Lots

About Big Lots

Big Lots is an off-price retailer, offering bargains on everything for the home, including furniture, décor, pantry essentials, kitchenware, pet supplies, and more. Big Lots fulfills its mission to help customers "Live Big and Save Lots" by strategically sourcing bargains in a variety of creative ways, such as closeouts, overstocks and manufacturer liquidations.

Industry
Retail & Ecommerce
Company Size
10,000+ employees
Headquarters
Columbus, Ohio
Year Founded
Unknown
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