Vendor Analyst

Description:

So why should your career be anything less than extraordinary?

What’s In It For You:

• A people-focused culture of belonging where Reconciliation & Inclusion are integral to what we do.

• Benefits package inclusive of parental leave top up, retirement savings, “Living Well” Program, and more.

• Leadership coaching and development opportunities at all levels

• A generous Associate discount of up to 40% off of top brands.

What You Will Do:

• Work closely with the vendor ensuring the vendor strategy for regular business, launches, gwp and holiday boost as applicable/needed

• Communicate weekly with vendor to ensure the level of stock and react when needed

• Review any opportunity and upcoming promotions

• Provide the vendor with any analysis needed for the business (BIS)

• Work with vendor and prepare & review allocation for all promotions

• Analysis of flow product, purchase orders, sales, etc. in order to improve replenishment allocations

• Develop strategies relating to flow of product

• Adhere to business processes related to the position and offer suggestions for improvement where possible including analysis of store and sku productivity and any +/- recommendations

• Prepare collaborative forecasting

• Set the parameter for Creation of Masks for Allocation

• Review merchandise quantification

• Prepare Return-to-vendor(s) (RTV) claims once negotiated

• Inventory management – review Work Order Sheets (WOS), model stocks and suggest stock balancing (RTV/transfers)

• Review DCM parameters (new items & updates)

• Manage buy plans/order flows

• Supervise NSP Process

• Create/Review allocations for all types of orders

• Highlight areas of opportunity to direct DSCMs balancing stock

• Approve purchase orders

• Make purchase order changes (dates, quantity, UPC’s etc), item creation/maintenance, price changes

• Check Ecommerce sites for content, pricing, and promotional integrity accuracy

• Ensure repeat style validation is updated in systems including cost, retail and season coding

• Action updates on Assortment revisions

• Create/Approve/Track purchase orders and monitor fill rates

• Partner with Buyer to develop assortment plan, reconciling top down / bottom up financial plans across all categories

• Partner with Buyer to execute merchandise financial plan:

  • Owns post-season analysis and drafts learnings with Buyer

  • Reviews items exceptions with Buyer

  • Co-owns in-season course correction

• Partners with Buyer to manage store returns

• Manages Open-to-Buy for repeat business including AR, VMI, Central stock

• Liaises with Logistics regarding flow needs

• Liaises with Replenishment to manage returns from stores

• Other duties and special projects as assigned

What You Will Need:

• Post-Secondary education in Business or a related field of study; or equivalent

• 3+ years of experience in retail analysis and/or merchant support preferred

• Financial Acumen – understanding how the factors impact profit and turnover

• Analysis and Decision Making – Identify problems/opportunities, generate timely solutions, and timely decisions, evaluate risk and financial implications

• Good knowledge of supply and inventory management

• Knowledge of MS Office (Word, Excel)

• Ability to learn and master technology and systems quickly and thoroughly

• Experience with NuOrder is considered an asset

• Thorough communication with all departments in the division: Buying, Planning, Marketing

• Providing accurate, concise and up-to-date information to Manager/Leader professionally

• Focus energy on taking initiative

• Ability to work as part of a team by forming partnerships with appropriate internal and external resources and accomplish goals using these relationships

• A willingness to initiate change as the company grows in order to streamline processes, improve efficiency and facilitate the growth of the company