Sr. Inventory Analyst

At RAA, we trust and believe in our associates to fashion their future.

A global powerhouse with over 100 years of expertise, Randa Apparel & Accessories (RAA) is one of the world’s leading apparel and lifestyle accessories companies, operating a portfolio of 30+ brands across all channels of distribution. RAA produces exceptional products and services, delights our customers, and makes our partners successful. We empower our associates, create growth opportunities at every level, and strive to make RAA the best place to build a career.

Want to work at a diverse, equitable, & inclusive workspace where associates are encouraged to bring their true, authentic selves?

Apply today and fashion your future with RAA.

Position Summary:

The Senior Inventory Analyst is responsible for development of demand plans and purchasing for their assigned categories. Create safety stock and inventory policies by analyzing order activity and forecasts to determine purchase quantities. Support company’s inventory strategies by meeting turn goals and reducing inventory levels while maintaining customer fill rates.

Essential Job Functions:

• Manage and maintain inventory and safety stock policies to maintain goal inventory levels.
• Ensuring timely and accurate forecast of customer demand by analyzing forecast variances, order, and retail sales trends.
• Analyze statistical forecast models in John Galt using historical factors and MAPE to ensure the system is developing the best forward forecast for each sku.
• Review replenishment demand for purchasing suggestions and inventory warehouse transfers.
• Determine buy quantities for all styles in AOR and issue purchases orders.
• Review new order forms for new style launches to determine inventory quantity needed and issue purchase orders.
• Review inventory reports to identify low volume skus and work with the sales team on an exit strategy.
• Analyze current inventory levels with WIP and recommend purchase order expedites as needed.
• Identify and consolidate obsolete skus with less than optimal OH units to sell to the Off-price customers.
• Work on sku rationalization projects.
• Adhoc inventory projects.
• Build reports on an as needed basis to better analyze inventory levels against goals.

Education/License Requirements:

• Bachelor of Science or a Bachelor of Arts degree in Business or a related field required.

General Experience Requirements:

• 2+ years’ experience as an analyst, planner, or inventory manager

Minimum Qualifications:

• Strong organizational skills accompanied by the flexibility to quickly adapt in a fast-paced changing environment.
• Advanced Microsoft Excel skills required.
• Strong mathematical and analytical skills.
• Clear and strong verbal, written, and interpersonal communication skills.
• Excellent time management skills with the ability to work independently.

Bonus Qualifications:

• Forecasting/Demand planning experience is a plus
• Knowledge of MRP/ERP systems
• Experience with Logility, John Galt or any supply chain planning software is a plus

What we Offer:

• Competitive base salary.
• Hybrid work schedule.
• Three weeks of paid time off within the first year of employment.
• Company provided life insurance, short-term disability, long-term disability, and paid parental leave.
• Health, vision, and dental insurance options with low employee contributions. 
• Commuter benefit plan. 
• Optional supplemental life insurance, pet insurance, and accident & critical illness insurance offered at a group discount rate.
• 401(k).
• Unlimited access to our award-winning online fitness, and wellness program.
• A great place to work, fast-paced, with terrific career growth.