Store Replenishment Planner
Company: Music and Arts
Location: West Friendship
Posted on: April 17, 2024
Job Description:
The JDA E3 Store Replenishment Analyst manages the store
replenishment process using the JDA E3 (Enterprise Planning)
software system. This role involves analyzing data, generating
replenishment plans, and ensuring optimal inventory levels at
retail stores to meet customer demand efficiently. The analyst
collaborates closely with cross-functional teams to implement
replenishment strategies, optimize system configurations, and drive
continuous improvement in replenishment processes. The JDA E3 Store
Replenishment Analyst plays a crucial role in optimizing inventory
management processes and ensuring stores have the right products
available to meet customer demand, ultimately contributing to the
success of the retail business. Key Responsibilities:
- System Configuration: Configure and maintain the JDA E3 system
settings, parameters, and algorithms to support effective
replenishment planning for retail stores. Maintain store-level lead
times based on seasonal shifts and in-store delivery methods.
- Demand Forecasting: Utilize historical sales data, market
trends, and seasonality patterns to forecast future demand for each
store location and product category.
- Replenishment Planning: Generate replenishment orders,
allocation plans, and inventory forecasts to ensure stores are
adequately stocked with the right products at the right time.
- System Optimization: Continuously monitor and optimize the JDA
E3 system performance, parameters, and configurations to improve
replenishment accuracy and efficiency. Communicate processing
issues and action appropriately to ensure minimal impact on
business.
- Improve Customer Experience: Monitor out-of-stock occasions to
employ changes in replenishment parameters to eliminate lost
sales.
- Collaboration: Work closely with cross-functional teams,
including other Merchandising teams, Supply Chain, and Store
Operations, to align replenishment strategies with business goals
and priorities. Work closely with Merchandising teams to understand
product assortments, promotions, and new product launches to
incorporate into replenishment plans.
- Innovate: Identify opportunities to innovate the way we plan
for and execute replenishment to include allocation, seasonal
profiling, case or inner pack expansion, and AGMROI
enhancement.
- Store Clustering: Assess and support unique managed assortments
across identified store clusters.
- Event-based replenishment: Build and implement programs to
support critical seasons and events such as our Rental Season, Free
Guitar weekends, and Upgrade your Sound events.
- Inventory Planning: Determine optimal inventory levels for each
store based on demand forecasts, sales velocity, lead times, and
store-specific factors.
- Process Improvement: Identify opportunities to streamline
replenishment processes, enhance system capabilities, and drive
efficiency gains in replenishment planning and execution.
- Performance Monitoring: Monitor key performance indicators
(KPIs) related to replenishment accuracy, inventory turns, service
levels, and stockouts to assess system performance and identify
areas for improvement.
- Issue Resolution: Investigate and resolve any issues or
discrepancies related to replenishment orders, inventory
discrepancies, or system errors in a timely manner.
- Documentation: Maintain documentation of system configurations,
processes, and best practices related to JDA E3 replenishment
planning.
- Reporting: Prepare and present regular reports on replenishment
performance, inventory levels, and key metrics to management and
cross-functional teams. About Music & Arts Music & Arts embodies
the world of creativity and music by encouraging our teammates to
find their own individual sound. We strive to create lifelong
musicians and make a difference in the world by enabling musicians
and non-musicians alike to experience the almost indescribable
happiness that comes from playing an instrument. We believe in
putting our customers first, engaging with respect and integrity
and fulfilling our mission with passion. The first Music & Arts was
located in a small house in Bethesda, MD and run by founder
Benjamin O'Brien. When Music & Arts opened its doors in 1952, we
offered printed music, music lessons, dance lessons, and art
supplies. Ben decided shortly after opening his business that he
wanted to focus on music to better serve his customers -- a
decision that remains intact to this day. Since the 1990's, Music &
Arts has expanded nationwide through organic growth and a series of
acquisitions and mergers with other music dealers. In 2005, Music &
Arts joined forces with American Music to become the largest band
and orchestra instrument retailer in the United States. Based in
Frederick, MD, Music & Arts is now part of the Guitar Center
enterprise and comprises 225+ retail stores, 200+ educational
representatives, and 250+ affiliate locations. To join our band,
you'll need the following experience:
- Bachelor's degree in business, merchandising, supply chain
management, computer science, or a related fieldor equivalent
experience in a related discipline
- 2+ years of experience in replenishment planning, inventory
management, or supply chain analysis, preferably using the JDA E3
software system.
- Proficiency in using JDA E3 or similar replenishment planning
software systems.
- Strong analytical skills with the ability to analyze complex
data sets and derive actionable insights.
- Excellent communication and collaboration skills to work
effectively with cross-functional teams and stakeholders.
- Detail-oriented with a focus on accuracy and precision in
replenishment planning and execution.
- Knowledge of demand forecasting techniques, inventory
optimization principles, and supply chain concepts.
- Ability to prioritize tasks, manage multiple projects
simultaneously, and thrive in a fast-paced environment.
- Experience in retail or consumer goods industries is a plus.
Why join us? With a career at Guitar Center, you become part of the
world's largest multichannel musical instrument retailer. Whether
at our Stores, Contact Centers, Distribution Centers, or Support
Center, Guitar Center employees have a common goal: to help people
find their sound and fill the world with more music. Love this gig
and want to apply? Guitar Center is an Equal Opportunity Employer
and provides fair and equal employment opportunity to all employees
and applicants regardless of race, color, religion, gender, sexual
orientation, gender identity, national origin, age, disability,
veteran status or any other protected status prohibited under
Federal, State, or local laws. All employment decisions are based
on valid jobrelated requirements. If you are a qualified individual
with a disability or a disabled veteran and are unable or limited
in your ability to use or access our website, you may request a
reasonable accommodation to express interest in a specific opening.
You can request reasonable accommodation by sending an email to
recruiting@guitarcenter.com.
Keywords: Music and Arts, Bel Air South , Store Replenishment Planner, Other , West Friendship, Maryland
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