Lowe’s

Manager, Inventory Planning & Replenishment

Lowe’s$90K — $120K *
Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience in a related field
  • 5+ years in demand, merchandise planning, replenishment, or similar role
  • Strong analytical skills to inform inventory strategies
  • Self-driven and highly motivated with a proactive attitude
  • Excellent communication skills, both written and verbal
  • Ability to multitask effectively in a fast-paced environment
  • Proven ability to build positive cross-functional relationships

Responsibilities

  • Lead and develop a team to implement inventory plans for product categories
  • Analyze business performance and translate insights into actionable strategies
  • Guide the team through the monthly forecasting cycle
  • Proactively monitor inventory pipelines and communicate potential issues
  • Develop inventory strategies for resets, promotions, and seasonal transitions
  • Utilize planning and replenishment systems to optimize inventory levels
  • Translate corporate goals into effective planning and replenishment strategies
  • Recruit, retain, and develop talent within the inventory planning team

Benefits

  • Comprehensive health insurance coverage
  • Retirement savings plan with company match
  • Generous paid time off and holiday schedule
  • Professional development opportunities
  • Collaborative work environment focused on team success
Full Job Description
The Manager, Inventory Planning & Replenishment is responsible for both the planning and execution of inventory for a group of product categories. Develops and leads a team of Replenishment Specialist and Planning Analysts to ensure that planning and replenishment strategies are aligned. Responsible for delivering desired in-stock levels while hitting financial objectives. The Inventory Planning Manager sets the strategic goals for their team and holds their team accountable to delivering against those goals. Partners cross functionally with merchants, vendors, transportation and distribution to ensure inventory strategies and objectives are met.

Key Responsibilities:
• Responsible for leading and developing a team that implement and maintain item/location level inventory plans for a group of product categories that support financial objectives
• Analyzes business performance, develops insights and translates into strategies to drive sales and inventory productivity
• Leads team through monthly forecasting cycle
• Monitor inventory pipeline, anticipate and proactively communicate issues, and develop mitigation plans for any pipeline gaps
• Drive inventory and replenishment strategies to support assigned categories including resets, promotions, events, seasonal /entry and exit, etc.
• Subject matter expert in planning / replenishment systems and thus utilize system capabilities to drive inventory to right location in the right quantity to support sales while ensuring target in-stock levels are achieved
• Translates corporate and division goals/objectives into planning and replenishment strategies
• Lead replenishment team to ensure proper execution of inventory plans while ensuring desired instock levels are achieved.
• Hires, retains and accelerates talent within the organization

Required Qualifications:
• Bachelors Degree is required or equivalent combination of education and related experience, or equivalent years of experience in lieu of education requirement, if applicable.
• 5+ years experience in demand, merchandise planning, replenishment or a related field

Preferred Qualifications:
• Strong analytical skills
• Self-driven and highly motivated
• Approaches problems with curiosity and is solution oriented
• Strong communication skills, both written and oral
• Capability to multitask in a fast-paced environment
• Ability to work effectively within a team and build positive relationships cross-functionally

About Lowe’s

Lowe's Careers

Joining Lowe's means becoming part of a team that is committed to fostering an environment of growth, innovation, and leadership. As one of the leading home improvement companies, Lowe's offers unparalleled job opportunities and a culture that values diversity and professional development. Work You'll Do At Lowe's, your work will directly impact our mission to help people love where they live. Whether you're involved in the direct sales process, product development, or customer service, your role will contribute to our industry-leading standards. Transform Your Career Leverage your skills and drive in a position that empowers you to lead projects and initiatives that redefine the retail experience. Lowe's is at the forefront of the industry, combining retail, technology, and customer service to create unique experiences for consumers. Join a team of dedicated professionals who are there to support your career aspirations and help you grow both personally and professionally. With over 300,000 team members, Lowe's is a place where you can cultivate a career filled with innovation and opportunities. Lowe's Professional Growth and Opportunities We are committed to the professional growth of every team member. Lowe's offers a variety of career paths and opportunities for advancement, including leadership roles in numerous departments. Whether you're seeking a part-time position or a full-time career, Lowe's provides the training and resources needed to advance and excel. Internship Programs Start your career with Lowe's through our dynamic internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that impacts our business. Interns at Lowe's gain invaluable skills, work alongside experienced professionals, and are considered for full-time positions upon successful completion of the program. Benefits and Culture Lowe's is dedicated to maintaining a culture that promotes diversity and inclusion. We offer a comprehensive benefits package that supports the health, well-being, and financial security of our employees and their families. Benefits include health insurance, retirement plans, and employee discounts, among others. Networking and Innovation Stay connected and ahead in your career through Lowe's commitment to innovation and networking. Our team members have access to cutting-edge technology and are encouraged to think outside the box to solve challenges. Networking within the company is supported through various groups and initiatives, fostering connections that can lead to career advancement. Join Our Team Explore the job opportunities at Lowe's that match your skills and interests. We are always looking for passionate, curious, and solution-driven team players. Start your journey with Lowe's today and be part of a company that values hard work and dedication. Stay Up to Date Keep informed with the latest in career tips, company news, and industry insights—all from the people who work at Lowe's. Our careers blog provides valuable content that can help you navigate your professional journey. Job Alert Emails Customize your subscription to receive job alerts and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Lowe's. SEARCH LOWE'S JOBS At Lowe's, your career is in your hands. Build it with us and be part of a team that is changing the future of retail.
Learn more about Lowe’s
Size
200,000 employees
Market Cap
$120.3 billion
Industry
Net Income
$5.8 billion
Founded
1946
5 Year Trend
+8.2%
Revenue
$89.5 billion
NASDAQ

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