Retail Sales Project Specialist

Job Description
The Retail Inventory, Replenishment, and Planning (IPR) role is responsible for managing inventory levels, forecasting demand, and ensuring product availability in retail settings. This position involves analyzing sales data, monitoring inventory levels, and implementing strategies to optimize inventory turnover and minimize stockouts. The IPR specialist works closely with cross-functional teams, including merchandising, purchasing, and logistics, to develop and execute inventory management plans. Effectively manage projects and support sales team in their efforts to grow sales revenue. The Sales Project Specialist will proactively partner with management and across the business to provide accurate financial reporting and data analysis to help facilitate strategic decisions. This role requires a self-starter with critical thinking skills and the ability to partner with colleagues at all levels of the organization.
RESPONSIBILITIES
Inventory Management:
Maintain accurate inventory records, monitor stock levels, and identify opportunities to optimize inventory turnover
Demand Forecasting:
Analyze sales data, market trends, and historical patterns to forecast demand for products and anticipate inventory needs
Replenishment Planning:
Develop replenishment plans to ensure products are available for sale in stores and warehouses
Order Management:
Track order status, and coordinate shipments to replenish inventory
Inventory Analysis:
Conduct regular inventory audits, analyze inventory performance metrics, and identify areas for improvement
Collaboration:
Work closely with merchandising, IPR, and logistics teams to coordinate inventory management activities and ensure alignment with business goals
Vendor Management:
Build and maintain relationships with merchant, IPR Team, and resolve any issues related to product availability or quality
Process Improvement:
Identify opportunities to streamline inventory management processes, reduce costs, and improve efficiency
Perform other duties as assigned