Inventory Planner

Northern Tool + Equipment is seeking an entry level Inventory Planner to maximize inventory investment efficiency, while maintaining desired in stock and fill rate percentages for assigned vendors and product categories for all channels of sales and distribution.

Key Responsibilities:

1. Works with merchandising team members to plan inventory needs versus sales forecasts.
2. Works with vendors to ensure inventory availability and uses ASR/AWR software programs
3. Performs all necessary item and vendor maintenance functions within ASR/AWR.  Tracks performance in key areas of responsibility using E3 and JD Edwards reporting tools.
4. Reaches minimum requirements on inventory management as tracked in monthly areas of forecasting accuracy, mail order fill rate, retail transfer fill rate, service level goal attainment and inventory accuracy.
5. Meets minimum requirements for in-stock position on all catalog, retail advertisements, end caps and new stores at time of activation.
6. Completes vendor and item setup process and history exceptions within the E3 system in a timely manner.
7. Orders all merchandise and places all merchandise transfers to maintain necessary inventory levels based on inventory budgets, planograms, vendor programs, location specific space considerations and promotional events.
8. Expedites all open orders.  Updates due dates and other relevant information in the JD Edwards system to ensure all related order specifications are accurate when other departments access the system for information.  Works with vendors to maintain consistent lead times and complete shipments.
9. Identifies and makes recommendations for action on all slow turning and obsolete merchandise in assigned categories.
10. Works with assigned merchandising team members to manage inventory levels to fulfill vendor programs, seasonal plans and planograms.
11. Works with distribution and traffic department personnel to improve overall efficiency and effectiveness of the supply chain.

What you will bring to the table:

• Bachelor's degree or equivalent in merchandising or related field.
• 1 year of related purchasing/inventory management experience desired, but not required.
• Knowledge of hardline tools and equipment.
• Strong organizational skills are required.
• Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form.
• Solid PC skills, spreadsheet development abilities and working knowledge of designated software packages.
• E3 experience with silver level certification or greater.
• Ability to communicate effectively, both orally and in writing, with a wide variety of company and vendor personnel.
• Demonstrates Northern Tool + Equipment’s 12 Core Competencies.

About Us

At Northern Tool + Equipment we’ve created a problem-solver’s paradise. A place where both pros who need the perfect tool to expertly finish the job, and do-it-yourselfers, who are looking for the right tool along with a bit of guidance, feel right at home. Our blueprint for success is Made for This. We’re poised to create a world-class customer experience while we strive to enter new markets and drive growth through exceptional customer insight. The plan is well on its way to resounding success, with over 130 retail stores across 24 states, plus a selection of products from the top national brands, and the addition of global manufacturing operations designed to create our own specialized tools and equipment. We’ve always had a way of either seeing what’s next, or defining it, but we need great people to grow along with us. We're looking for people who have the mindset of putting the customer first; team members who are ready to equip every problem solver who walks through our doors with the right tools and advice to tackle the tough jobs well; and individuals who are ready to help us boldly build what’s next.

Recently recognized by Forbes as a Top Midsize Employer in 2023, we proudly offer:

• A comprehensive benefits package to cover healthcare, retirement, and wellness programs to help you be your best self financially and physically.

• Generous Employee Discount on the products we sell.

• Daily Pay: Have the flexibility to be paid daily!

• 401K with employer match

• Holidays off NTE recognizes 7 federal holidays.

• Hybrid work schedule.