Replenishment Analyst

Location : Location US-IL-Mattoon
ID
2024-25511
Category
Merchandising
Type
Regular Full-Time

About us

Rural King is America’s Farm and Home Store, providing essentials to the communities we serve. With a wide array of necessities ranging from food and feed to farm and home products, Rural King serves over 130 locations across 13 states and is constantly expanding. Our annual sales exceed $2.5 Billion, and our heart beats in Mattoon, IL, home to our corporate office, distribution center, and flagship store.

 

One thing our customers appreciate is our unique shopping experience, complete with complimentary popcorn and coffee. It's just one way we show our appreciation for their support.

 

At Rural King, we value our associates and strive to create a positive, rewarding workplace. We offer growth opportunities, competitive benefits, and a people-first environment where dedicated individuals come together to serve rural communities passionately. Join us, and you'll find not just a job but a chance to grow professionally, contribute meaningfully, and make a difference in the lives of those we serve.

 

How we reward you

401(k) plan that provides a 100% match on the first 3% of your contributions and 50% of the next 2%

Healthcare plans to support your needs

Virtual doctor visits

Access to Centers of Excellence with Barnes Jewish Hospital and Mayo Clinic’s Complex Care Program

15% Associate Discount

Dave Ramsey’s SmartDollar Program

Associate Assistance Program

RK Cares Associate Hardship Program

24/7 Chaplaincy Services

Company paid YMCA Family Membership

What You’ll do

As a Replenishment Analyst you will be playing a crucial role in optimizing inventory levels and ensuring the availability of products across our retail channels. This position assists in analyzing sales data, forecasting demand, and implementing replenishment strategies to meet customer needs while minimizing costs. This is an excellent opportunity to develop skills in inventory management, data analysis, and supply chain operations within a dynamic retail environment.

  • Support the monitoring and analysis of sales trends, inventory levels, and customer demand to identify patterns and assist in accurate demand forecasting.
  • Assist in developing and implementing replenishment strategies to optimize inventory levels, minimize stockouts, and maximize sales.
  • Collaborate with cross-functional teams, including merchandising, procurement, and supply chain, to ensure timely product replenishment and maintain appropriate stock levels.
  • Assist in reviewing and adjusting inventory parameters, such as reorder points, lead times, and safety stock levels, based on demand forecasts and historical data.
  • Contribute to regular inventory audits to identify discrepancies, analyze root causes, and support the implementation of corrective actions to improve accuracy and minimize shrinkage.
  • Assist in maintaining effective communication channels with vendors and suppliers, monitoring their performance, and assisting in resolving any product availability or quality issues.
  • Contribute to generating reports and providing insights on key performance metrics, including sales, inventory turnover, and forecast accuracy.
  • Support ongoing evaluation and improvement of replenishment processes and systems to enhance efficiency and reduce costs.
  • Stay updated on industry trends, market conditions, and emerging technologies to identify opportunities for process improvement and innovation.
  • Assist in training and knowledge sharing with junior team members, fostering a culture of continuous learning within the team.
  • Use discretion and independent judgment in daily decisions while maintaining a high level of confidentiality and professionalism.
  • Actively participate in learning initiatives offered such as training programs, workshops, and webinars. Leverage these opportunities to acquire new knowledge, refine existing skills, and stay current on the latest developments.
  • Provide friendly, proactive, and professional internal and external support to others, assisting with inquiries, concerns, and issues promptly and effectively.
  • Demonstrate behaviors that exemplify Rural King’s Values: People First, Integrity, Attitude, Initiative, Teamwork, Accountability, and Continuous Improvement.
  • Perform other duties as assigned.

Supervisory Responsibilities

 

None

 

Essential Qualities for Success

  • At least 2 years of relevant experience and bachelor’s degree or equivalent combination of experience and education.
  • Basic understanding of supply chain principles, including demand forecasting, inventory control, and replenishment strategies.
  • Strong understanding of retail business practices.
  • Excellent negotiation and conflict resolution skills.
  • Demonstrated ability to adapt in a fast-paced environment.
  • Strong analytical and problem-solving skills.
  • Excellent organizational skills and attention to detail.
  • Proficiency with Microsoft Office Suite or related software.
  • Proficiency with or the ability to quickly learn Oracle ERP System.
  • Comfortable navigating computer systems and software to assist customers or manage activities.
  • Excellent verbal and written interpersonal and communication skills.
  • Excellent customer service skills.

 Physical Requirements 

 

  • Ability to maintain a seated or standing position for extended durations.
  • Capability to lift 15 pounds periodically.
  • Ability to navigate and access all facilities.
  • Skill to effectively communicate verbally with others, both in-person and via electronic devices.
  • Close vision for computer-related activities. 

 

Reasonable accommodations may be made to enable individuals with disabilities to perform essential job functions.

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