What does replenishment analyst do?

Replenishment analysts manage the inventory for a company or specific department within it and are responsible for forecasting the demand for certain materials and products, followed by purchasing and replenishing them. Work with purchasing and/or sales teams to develop inventory management and replenishment plans.

How to become a replenishment analyst?

The qualifications that you need to become a replenishment analyst include a degree, analytical skills, and an understanding of the industry in which you work. You can launch your career with a bachelor’s degree in an area such as supply chain management.

What is your understanding of the replenishment analyst role and what motivated you to apply?

A replenishment analyst manages the inventory for a company or a specific department. As a replenishment analyst, you track supplies to estimate future use, anticipate when new materials are needed, and place orders to replenish stock.

What do you need to know to be a replenishment analyst?

Skills. The educational requirements for a replenishment analyst are a bachelor’s degree in supply chain management or retail. The replenishment analyst must be able to balance the needs of various stores, taking into consideration also the capabilities of the production facilities, according to PetSmart.

How much does a replenishment analyst at Home Depot make?

Glassdoor.com reported that the replenishment managers at Home Depot earned salaries of between $72,000 and $89,000, with bonuses between $13,000 and $15,000. Charles Pearson has written as a freelancer since 2009. He has a B.S. in literature from Purdue University Calumet and is currently working on his M.A.

What can a replenishment analyst do for Petsmart?

Replenishment analysts are also responsible for coordinating one-time buys during holiday season, product discounts and Internet deals, especially whenever old products need to be sold to make room for new products, according to PetSmart.

What does it mean to be Supply Chain Analyst?

Supply chain analysis is conducted by collecting and studying audits conducted both at warehouses and stores. These analysts make sure that all the warehouse, logistical and store inventory processes are coordinated in order to make sure that products can be efficiently and successfully delivered to the appropriate stores.

https://www.youtube.com/watch?v=Qk7OJnOcTSo