Inventory Planner in Raleigh, NC at Advance Auto Parts

Date Posted: 10/17/2020

Career Snapshot

Career Description

Job Description

Job Description


The Store Inventory Planner will partner with the merchant teams to develop and execute inventory strategies that drive incremental sales and profit for Advance Auto Parts. He/she will be responsible for ensuring the attainment of in stock goals while helping maintain inventory efficiency. The Store Planner must be able to manage multiple projects simultaneously and prioritize in accordance of a rapidly changing environment.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

  • Replenishment System / Allocation Management - Optimize the automated replenishment system parameters based on rate of sales, lead times, and order frequency to ensure meeting our inventory levels and in stock goals.
  • Monitor product flow from domestic and import vendors to distribution centers and to stores; replenish and allocate product as needed
  • Adhere to OTB spend while achieving planned turnover and revenue growth Planning Analysis Perform analysis and review upcoming promotional forecasts and seasonal activity based on sales, inventory, and in stock expectations (minimum presentation standards)
  • Actively supports the category business plan and line review process with data and analysis, providing recommendations and insights as necessary
  • Analyze and review non-productive inventory; create and monitor action plans to minimize inventory liability
  • Assist in development of annual budget at category level to support company financial targets, including Cost of Goods Sold, Receipts, Base Inventory Levels, and Future Transitions Communication Merchant Relationships Develop relationships with merchant team through active involvement in business decisions.
  • Maintain collaborative partnerships with vendors, distribution centers, and stores to ensure the rapid and efficient movement of goods through the supply chain
  • Communicate with store teams and respond to individual store issues as needed Process Improvement Drive change in company best methods and be a resource for inventory system process enhancements.

QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Minimum Requirements Advanced PC skills and Microsoft Office Demonstrated analytical ability and problem solving skills.
  • Strong attention to detail, planning, and organizational skills.
  • Excellent verbal and written communication skills.
  • Strong computer skills, systems aptitude, and experience.
  • Retail experience Demonstrated leadership skills.
  • Ability to work independently and with a high level of energy and initiative.
  • Ability to interface with all levels of management.
  • Preferred Requirements Financial analysis and/or forecasting experience Advance Auto Parts systems aptitude and experience.


Bachelors of Science degree in Business, Marketing, Economics, Math, or Statistics from an accredited four year college or university or equivalent business experience; and 2+ years business experience (Inventory, Merchandising, Merchandise Planning, or Retail experience preferred); or equivalent combination of education and experience.