Description & Requirements

Who we are

lululemon is an innovative performance apparel company for yoga, running, training, and other athletic pursuits. Setting the bar in technical fabrics and functional design, we create transformational products and experiences that support people in moving, growing, connecting, and being well. We owe our success to our innovative product, emphasis on stores, commitment to our people, and the incredible connections we make in every community we're in. As a company, we focus on creating positive change to build a healthier, thriving future. In particular, that includes creating an equitable, inclusive and growth-focused environment for our people.

About this team

The Inventory Management and Sales & Operations Planning (S&OP) team delivers inventory strategies that create a premium product experience for every guest, in every market. The team initiates and maintains programs to ensure optimal inventory placement across distribution centres, the existing store fleet and new store openings & optimizations. We do this to support the strong execution of Merchandise strategies and to deliver exceptional business results.

Inventory Management (IM) is responsible for the optimization of full price & markdown inventory availability across our mainline retail network to drive revenue, reduce costs and increase profitability. Our goal is to match demand with supply wherever the guest chooses to shop by having the right product, in the right place, at the right time.

As an Analyst, Planning & Inventory Management, you are responsible for analysing and overseeing inventory management for a specific portfolio of stores and programs for the APAC region. Your role involves in-depth analysis to optimize inventory levels in stores considering business needs, sales projections, and store capacity. You will be actively monitoring key metrics on a weekly basis, using data to understand trends, identify shifts in patterns and react accordingly to maximize sales and mitigate potential risks.

A day in the life

Oversee inventory management for a designated portfolio of stores, focusing on divisional and class-level performance
Provide premium inventory management support for a portfolio of high-volume and brand-important stores including in-depth analysis of store inventory levels and performance at the SKU level to identify opportunities and act with custom inventory pushes, inventory parameter adjustments, initial allocation reviews & adjustments and executing end-of-life management strategies
Sustain circular feedback loops with a select portfolio of high-volume and brand-important stores using multiple communication methods (e.g. Teams Channel, meetings, store visits)
React to inventory escalations and inquires with a sense of urgency, validating issues through analysis and pattern recognition, consulting with relevant partners, providing action/solution, and sharing back learnings to larger group discussion of market trends
Maintain short- and medium- range forecasting efforts at store level, including revisions to inbound/outbound inventory flow strategies
Apply advanced knowledge of product systems (Anaplan) to manage and maintain quarterly readiness setups, replen and transit calendar management, accurate store configurations, troubleshoot issues and recommend system enhancements
Generate daily and weekly reports, creating tools and templates as needed for more effective and efficient analysis
Arrange and present analysis and insights to internal teams and cross-functional partners
Execute markdown inventory allocation to support in business driving initiatives i.e. Sale Events
Handle ad-hoc tasks and special projects based on evolving business needs

Qualifications:

3+ years of relevant experience in planning, analytics, forecasting, or inventory management
Bachelor's degree in Business, Economics, Finance, Data Analysis, or a related field, or equivalent professional experience in a similar role
Exceptional attention to detail with the ability to design and implement formulas that proactively validate outputs and reports
Excellent interpersonal, written, and verbal communication skills, with the ability to convey complex information clearly
Proven ability to build strong working relationships and communicate effectively with diverse stakeholders
Strong analytical and problem-solving skills, with a demonstrated ability to develop innovative solutions to new challenges
Advanced proficiency in MS Office, including Excel, PowerPoint, Power BI, and related tools
Collaborative team player with the ability to work independently and drive results
Self-motivated problem solver, proactive, and resourceful in identifying and addressing issues
High sense of urgency with the ability to thrive in an agile, fast-paced environment

Must haves:

Acknowledges the presence of choice in every moment and takes personal responsibility for their life.
Possesses an entrepreneurial spirit and continuously innovates to achieve great results.
Communicates with honesty and kindness, and creates the space for others to do the same.
Leads with courage, knowing the possibility of greatness is bigger than the fear of failure.
Fosters connection by putting people first and building trusting relationships.
Integrates fun and joy as a way of being and working, aka doesn't take themselves too seriously.

Beyond the Paycheck (Benefits & Perks)

At lululemon, we care for and invest in the whole person - body, mind, spirit. Our total rewards program is designed to support you in achieving your goals and focus on the things you love. In addition to competitive base pay and a team-based bonus program, we also offer paid time off, generous employee discounts, fitness/yoga classes, parenthood top up program and personal and professional development programs.

Note: availability of these benefits and perks may be subject to your location & employment type and may have certain eligibility requirements. The Company reserves the right to alter these benefits and perks in whole or in part at any time without advance notice.

Learn more about what it's like working for lululemon in our Asia-Pacific markets:

#LI-GC1 #LI-Onsite

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