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Lowe’s

Inventory Planner - IRP

Posted 2 Hours Ago
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Hybrid
Mooresville, NC, USA
Senior level
Hybrid
Mooresville, NC, USA
Senior level
Develops and executes inventory strategies across stores, distribution centers, and digital fulfillment channels. Analyzes demand, supply, sales, inventory, financial, and vendor data to optimize availability, service levels, inventory productivity, and working capital. Partners with Merchandising, Supply Chain, Finance, Replenishment, and Operations on promotions, launches, seasonal planning, and lifecycle transitions. Maintains planning parameters, recommends corrective actions, supports planning-system improvements, and influences cross-functional decisions through data-driven recommendations.
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Do your Best Work in Mooresville
This position is based at our headquarters in Mooresville, North Carolina. Our corporate office is a space where you can collaborate and do your best work. Take a walk, grab a bite (or a cup of coffee), work out or get a check-up - we invest in you so you can find your inspiration.
Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time
Your Impact
The Inventory Planner develops and executes inventory strategies for assigned merchandise categories, business units, or distribution networks to maximize product availability, inventory productivity, and financial performance. This role maintains inventory planning assumptions and parameters, independently manages inventory plans, recommends actions that balance customer demand, sales opportunities, service levels, supply constraints, and inventory investment across stores, distribution centers, and digital fulfillment channels. The Inventory Planner serves as a strategic partner to Merchandising, Replenishment, Assortment Planning, Supply Chain, Finance, and Store Operations. This role evaluates complex inventory and demand trends, identifies financial and operational risks, and influences cross-functional decisions throughout the product lifecycle, including seasonal planning, promotions, product launches, assortment transitions, and end-of-life management. The role requires advanced analytical judgment, strong business and financial acumen, and the ability to translate complex data into clear recommendations for leaders and cross-functional partners.
What You Will Do
  • Design inventory strategies that leverage system driven planning capabilities while balancing customer experience, financial objectives, and operational constraints.
  • Manage inventory strategies across stores, distribution centers, and digital fulfillment channels, balancing product availability with inventory productivity and financial risk.
  • Analyze demand forecasts, sales trends, inventory positions, supply constraints, lead times, and vendor performance to identify risks and opportunities.
  • Recommend and execute inventory actions addressing potential out-of-stocks, excess inventory, aging inventory, capacity constraints, and changes in customer demand.
  • Establish and maintain inventory targets, planning assumptions, safety-stock strategies, service levels, and other inventory parameters based on category and business requirements.
  • Partner with Merchandising and Assortment Planning to develop inventory strategies for promotions, seasonal events, product launches, resets, assortment changes, and product lifecycle transitions.
  • Collaborate with Replenishment and Supply Chain partners to ensure inventory plans can be effectively executed across the distribution and fulfillment network.
  • Evaluate the inventory and financial implications of business decisions and provide data-driven recommendations to cross-functional leaders.
  • Lead decision-making discussions by translating system insights into business actions, clarifying trade-offs, and aligning cross-functional stakeholders.
  • Evaluate system generated planning scenarios, challenge assumptions, and guide leadership toward decisions under uncertainty.
  • Monitor inventory performance against established plans and adjust strategies based on actual results, forecast changes, and evolving business priorities.
  • Lead continuous improvement of system enabled planning processes, decision frameworks, and planning governance to improve organizational capability.
  • Support planning-system implementations, enhancements, testing, and adoption by providing inventory-planning expertise and business requirements.
  • Maintain accurate planning data and ensure inventory strategies comply with established financial controls, operating standards, and planning processes.
  • Provide guidance, analytical support, and inventory-planning expertise.

Minimum Qualifications
  • Bachelor's degree in Supply Chain Management, Operations Management, Business Administration, Finance, Economics, Business Analytics, Data Analytics, Mathematics, or a related field; or equivalent years of experience in lieu of education requirement, if applicable
  • 7+ years of experience in retail, manufacturing, or supply chain.
  • 3+ years of experience in inventory planning, replenishment, merchandise planning, demand planning, retail operations, merchandise buying, or assortment planning.
  • Experience independently managing inventory plans for complex merchandise categories, business units, or distribution networks.
  • Advanced knowledge of inventory-planning principles, including forecasting, safety stock, service levels, inventory turns, weeks of supply, product lifecycle management, and working-capital optimization.
  • Demonstrated ability to analyze complex financial, inventory, demand, and supply data and translate findings into actionable business recommendations.
  • Experience developing inventory strategies for promotions, seasonal events, product launches, assortment transitions, or other significant business activities.
  • Experience using inventory-planning, forecasting, replenishment, ERP, or supply-chain management systems.
  • Advanced proficiency in Microsoft Excel, including complex formulas, pivot tables, data modeling, and analysis of large datasets.
  • Strong financial and business acumen, including the ability to evaluate the sales, margin, service, and working-capital implications of inventory decisions.
  • Demonstrated ability to influence decisions and build alignment across Merchandising, Supply Chain, Finance, Operations, and other business functions.
  • Strong written and verbal communication skills, including experience presenting analysis and recommendations to leadership.
  • Ability to independently manage multiple priorities, solve ambiguous business problems, and make sound decisions in a fast-paced retail environment.
  • Experience using Power BI, Tableau, SQL, or similar business-intelligence and data-analysis tools.
  • Experience with RELEX, SAP, Oracle, Blue Yonder, Manhattan, or a comparable planning and supply-chain platform.

Preferred Skills/Education
  • Knowledge of merchandise financial planning, assortment planning, purchase-order management, or retail category management.
  • APICS Certified in Planning and Inventory Management, Certified Supply Chain Professional, Lean Six Sigma, or another relevant professional certification.

About Lowe's
Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 100 home improvement company with total fiscal year 2025 sales of more than $86 billion. Lowe's employs approximately 300,000 associates and operates over 1,750 home improvement stores, 540 branches and 120 distribution centers. Lowe's is a core value S&P 500 equity stock and a dividend aristocrat. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need. For more information, visit Lowes.com .
Lowe's is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.
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Lowe’s Mooresville, North Carolina, USA Office

The Mooresville/Lake Norman/Davidson area is one of the most desirable suburbs in all of North Carolina. It's easy to see why - live the lake life, be a foodie, hit the trails and know you're surrounded by some of the best schools in the state. The secret is out – this is a great place to live.

Lowe’s Charlotte, North Carolina, USA Office

Charlotte is one of the fastest-growing tech hubs in the U.S., and we're leading the charge. Our 25-story Tech Hub is where the future of retail is born. This space is designed to inspire, and you’re just a few steps away from some of the best restaurants in town.​​​​​​

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Ranked among the hottest tech cities in 2024 by CompTIA, Charlotte is quickly cementing its place as a major U.S. tech hub. Home to more than 90,000 tech workers, the city’s ecosystem is primed for continued growth, fueled by billions in annual funding from heavyweights like Microsoft and RevTech Labs, which has created thousands of fintech jobs and made the city a go-to for tech pros looking for their next big opportunity.

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