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Achieve company inventory management goals for aligned suppliers which include but is not limited to: exemplary customer service, purchase order (PO) accuracy (cost, quantity, dates), minimal spoilage and shrink, and managing inventory to the lowest possible Days Sales Outstanding (DSO). Execute a replenishment strategy that supports supply chain efficiencies; in conjunction with: Shipping and receiving; Warehousing; Order filling, picking, and packing; Inventory control and records management. Utilize Inventory systems to achieve optimum inventory and service levels through supplier and item level settings, supply chain best practices, policies, and procedures.
Job Responsibility:
Take strategic action to maintain inventory levels while maximizing customer service levels
Manage Inventory DSO, aged inventory, obsolete inventory, spoilage and shrink to achieve company goals
Collaborate with the local, market and corporate merchandising teams, suppliers, and other functional areas
Demonstrate an intermediate to advanced level of proficiency of the Manhatten inventory planning tool Demand Planning Replenishment (DPR), to drive the team's performance as indicated by DPR scorecards, dashboards and merchandising key performance indicators (KPIs)
Work with the logistics team to maximize supply chain efficiencies
Collaborate/strategize with Inbound Planning to develop programs to maximize efficiencies of receiving and warehousing
Manage Stock Keeping Unit (SKU) count (min 2,300-4,000 SKUs vendor direct, 3500+ redistributed or 750 purchase order perishable lines weekly) and resolve replenishment issues as required
Performance to be sustained at this level while meeting established KPIs
Execute purchasing of new items and proper system set up timely
Actively process salesforce 360 request including NISR and MSR request in timely manner
Follow and react to market conditions within established corporate and market guidelines
Understand seasonal trends for aligned suppliers
Manage and understand commodity purchasing dynamics
Execute enterprise purchasing initiatives
Confirm all POs for pricing and quantity
Investigate and resolve late/missing POs
Respond and resolve Cora requests in a timely manner
Requirements:
High school diploma required
Bachelor's degree preferred
3+ years of experience
May substitute an equivalent combination of education and experience in place of 3 years Inventory Management/Purchasing experience (Bachelors: +1 year Inventory Management/Purchasing experience)
Experience working within a retail, wholesale or distribution environment
Inventory Management/Purchasing experience in distributor with 10,000+ SKUs preferred
Proficient Excel skills
Strong communication skills with stakeholders on any gaps in product service level
Ability to work cross-functionally across the enterprise
Superb attention to detail and follow up
Proactive attitude to highlight and address issues as they arise
Able to multi-task in a fast-paced environment
Adapt to change based on company’s priorities
Understand/execute standard replenishment processes and best practices
Excellent tactical replenishment execution skills
Solid organizational and planning skills
Negotiate with suppliers to execute the inventory depletion process