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:

o Owns post-season analysis and drafts learnings with Buyer

o Reviews items exceptions with Buyer

o 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

Organization Hudson's Bay
Industry Management Jobs
Occupational Category Vendor Analyst
Job Location Toronto,Canada
Shift Type Morning
Job Type Full Time
Gender No Preference
Career Level Intermediate
Experience 2 Years
Posted at 2023-09-08 5:06 pm
Expires on 2024-06-17