Job Description

• Location
• TORONTO, ON, Canada

• Job Opened
• April 21, 2023

• Job Number
• 230001FP

• Remote
• Hybrid

• Banner
• The Bay

• Team
• Merch

• Job Type
• Full-Time w/o Benefits

Description Day In The Life: The Vendor Analyst provides analytical support to ensure in stock of merchandise - \xe2\x80\x9cright quantity and right place\xe2\x80\x9d \xe2\x80\x93 and contribute to overall departmental financial objectives. This role will actively support our DE&I framework by identifying opportunities to increase and promote diversity in our teams, products and brands. They will lead with inclusion to nurture our OneTeam culture by removing barriers for our Associates and communities.
What You Will Do:

• Work closely with the vendor ensuring the vendor strategy for regular business, launches, Gift Wit Purchase (GWP), and holiday boost as applicable/needed
• Have weekly communication with the vendor to ensure the level of stock and react when needed. Review any opportunity and upcoming promotions
• Provide the vendor with any analysis needed for the business (BIS)
• Work with vendor and prepare & review allocation for all promotions
• Analysis of flow product, purchase orders, sales, etc. in order to improve replenishment allocations
• Develop strategies relating to flow of product
• Adhere to business processes related to the position and offer suggestions for improvement where possible including analysis of store and SKU productivity and any +/- recommendations.
• Prepare collaborative forecasting
• Set the parameter for Creation of Masks for Allocation
• Review merchandise quantification
• Prepare Return to Vendor (RTV) claims once negotiated
• Inventory management \xe2\x80\x93 review WOS, model stocks and suggest stock balancing (RTV/transfers)
• Review DCM parameters (new items & updates)
• Manage buy plans/order flows
• Create/Review allocations for all types of orders
• Highlight areas of opportunity to direct DSCMs balancing stock
• Approve purchase orders
• Make purchase order changes (dates, quantity, UPC\xe2\x80\x99s etc.)
• Item creation/maintenance
• Price changes
• Ecommerce onboarding process
• Check Ecommerce sites for content, pricing, and promotional integrity accuracy
• Ensure repeat style validation is updated in systems including cost, retail and season coding
• Action updates on Assortment revisions
• Create/Approve/Track purchase orders and monitor fill rates
• Partner with the Buyer to develop assortment plan, reconciling top down / bottom up financial plans across all categories
• Partners with the Buyer to execute merchandise financial plan: owns post-season analysis and drafts learnings with Buyer, reviews items exceptions with Buyer, Co-owns in-season course correction, and partner with the Buyer to manage store returns
• Manages Open-to-Buy for repeat business including AR, VMI, Central stock
• Liaises with Logistics regarding flow needs
• Liaises with Replenishment to manage returns from stores
• Other duties and special projects as assigned

What You Will Need:

• Post-Secondary education in Business or a related field of study; or equivalent
• 3-5 years of experience in retail analysis and/or merchant support preferred
• Financial Acumen \xe2\x80\x93 understanding how the factors impact profit and turnover
• Analysis and Decision Making \xe2\x80\x93 Identify problems/opportunities, generate timely solutions, and timely decisions, evaluate risk and financial implications
• Good knowledge of supply and inventory management
• Knowledge of MS Office (Word, Excel)
• Ability to learn and master technology/systems quickly and thoroughly
• Experience with NuOrder considered an asset
• Thorough communication with all departments in the division: Buying, Planning, Marketing
• Providing accurate, concise and up to date information to Manager/Leader professionally
• Working as part of a team by forming partnerships with appropriate internal and external resources and accomplishes goals using these relationships
• A willingness to initiate change as the company grows in order to streamline processes, improve efficiency and facilitate the growth of the company

What You Can Expect:

• A People-first culture where One Team spirit and Diversity, Equity, and Inclusion are celebrated and promoted at every step of the way
• An opportunity to work with highly supportive teams to help you build the career you want and leave your Stripe at The Bay
• A competitive benefits package including unlimited paid vacation, medical, dental, vision, parental leave top up coverages, retirement savings and more
• A ways of Working Program that enables you to work where you are most effective
• A living Well Program that provides a variety of offerings and resources to enhance your physical, mental, and financial wellness, including corporate gym membership rates.
• An amazing associate discount of up to 40% off top brands

About The Bay: As Canada\xe2\x80\x99s oldest startup, The Bay is a digital-first, purpose-led retailer. Our mission is to help Canadians live their best style of life. The Bay is on a high-growth trajectory to become one of the largest digital retail businesses in Canada through TheBay.com and its Marketplace. If you are looking to join an iconic brand, create impactful change and be recognized for your work, we want you to join our team. At The Bay, smart, high-performing team members will challenge you to learn and grow every day. We value ambitious work and great ideas grounded in data and insights. We are looking for talented people who love a fast-paced environment, embrace change and are looking to make an impact with groundbreaking ideas. We are a digital-first company and brand for a diverse world and we need a diverse team to reach our potential. Come and join a winning team that supports collaboration and demonstrates innovation, energy, creativity and vision every day.