Inventory Analyst Job at Randa Corp, Des Plaines, IL

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  • Randa Corp
  • Des Plaines, IL

Job Description

Job Description

Job Description

At RAA, we trust and believe in our associates to fashion their future.

Randa Apparel & Accessories is one of the world’s leading fashion clothing and accessories companies, operating across 11 countries with a portfolio of 30+ iconic brands, including Levi’s, Tommy Hilfiger, Calvin Klein, Totes, Isotoner, and Columbia Sportswear. With over 100 years of industry leadership, RAA continues to produce exceptional products and services, delighting customers and empowering partners worldwide. From the #1 dress pant brand in North America to the #1 belt and wallet, RAA sets the standard for excellence and innovation

We empower our associates, create growth opportunities at every level, and strive to make RAA the best place to build a career.

Want to work at a diverse, equitable, & inclusive workspace where associates are encouraged to bring their true, authentic selves?

Apply today and fashion your future with RAA.

Position Summary:

As an Inventory Analyst, you will play a critical role in optimizing product availability and inventory efficiency across our diverse accessories portfolio. You will harness advanced analytics, predictive modeling, and business acumen to improve forecast accuracy, reduce stock-outs and overstocks, and align inventory levels with consumer demand across retail and wholesale channels.

Essential Job Functions:

  • Demand Forecasting & Predictive Modeling
    • Build and maintain statistical and machine learning models to forecast demand across SKUs, categories, channels, and seasons.
    • Incorporate business drivers such as seasonality, product launches, and market trends into forecasting models.
    • Monitor forecast accuracy (MAPE, WAPE) and proactively recalibrate models as needed.
  • Inventory Planning & Optimization
    • Analyze historical sales, inventory turns, and replenishment cycles to drive inventory planning strategies.
    • Collaborate with Planning and Supply Chain teams to set safety stock levels and optimize reorder points.
    • Identify excess and obsolete inventory trends and recommend mitigation actions.
  • Business Intelligence & Reporting
    • Design and utilize dashboards and reports to visualize forecast performance, inventory KPIs, and demand trends using Power BI.
    • Deliver actionable insights to Planning, Sourcing, and Merchandising teams to support decision-making across the product lifecycle.
    • Support monthly S&OP meetings by providing forecast performance narratives and scenario planning outputs.
  • Cross-Functional Collaboration
    • Partner with Sales and Planning teams to align forecasting with business goals.
    • Communicate complex analytical concepts in an accessible manner to both technical and non-technical stakeholders.
    • Contribute to system and process improvement initiatives (e.g., forecast automation, integration of external signals like weather or POS data).

Education:

  • Bachelor’s or Master’s degree in Data Science, Statistics, Operations Research, Supply Chain, or a related field.

Relevant Work Experience:

  • 1–3 years of experience in a data science, analytics, or inventory/demand planning role, preferably in retail, fashion, or CPG industries.

Minimum Qualifications:

  • Strong analytical and problem-solving skills with the ability to handle large datasets and derive actionable insights.
  • Experience with forecasting tools and frameworks
  • Strong understanding of supply chain planning concepts and KPIs (e.g., fill rate, lead times, inventory turnover).
  • Familiarity with ERP systems and planning tools.
  • Ability to work independently and manage multiple priorities in a fast-paced environment.
  • Excellent communication skills, both written and verbal, for effective collaboration with cross-functional teams.

What we Offer:

  • Competitive base salary.
  • Three weeks of paid time off within the first year of employment.
  • Company provided life insurance, short-term disability, long-term disability, and paid parental leave.
  • Health, vision, and dental insurance options with low employee contributions. 
  • Commuter benefit plan. 
  • Optional supplemental life insurance, pet insurance, and accident & critical illness insurance offered at a group discount rate.
  • 401(k).
  • Unlimited access to our award-winning online fitness, and wellness program.
  • A great place to work, fast-paced, with terrific career growth.

“The statements in this job description are intended to describe the general nature and level of work being performed by people assigned to this work. This is not an exhaustive list of all duties and responsibilities. Randa management reserves the right to amend and change responsibilities to meet business and organizational needs as necessary.”

Job Tags

Temporary work, Work experience placement, Worldwide,

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