Job Profile Summary:
Achieve company inventory management goals for complex categories which include but are not limited to: exemplary customer service, PO(purchase order) accuracy (cost, quantity, dates), minimal spoilage and shrink, and managing inventory to the lowest possible DSO (day sales outstanding). Execute a replenishment strategy that supports supply chain efficiencies. Train and support the replenishment team on appropriate forecast management, procurement best practices, policies, and procedures.
RESPONSIBILITIES
- Take strategic action to maintain inventory levels while maximizing customer service levels
- Manage Inventory DSO (daily sales outstanding), aged inventory, obsolete inventory, spoilage and shrink to achieve corporate goals
- Manage forecasting and demand planning for customer events, business shifts, and seasonality changes in collaboration with COE
- Provide training to planning team on procurement processes to comply with corporate guidelines
- Collaborate with the local, market and corporate cross functional teams and suppliers to maximize supply chain efficiencies.
- Demonstrate an advanced level of proficiency of the Manhattan inventory planning tool DPR (demand planning system), to drive teams performance as indicated by DPR scorecards, dashboards and merchandising KPIs
- Manage SKU count (min 4,000 + SKUs single or multiple Operating Companies) and resolve replenishment issues as required. Performance to be sustained at this level while meeting established Key Performance Indicators.
- Execute purchasing of new items and demand changes timely
- Follow and react to market conditions within established corporate guidelines
- Manage and understand commodity purchasing dynamics
- Execute enterprise initiatives
Education
- High school diploma required.
- Bachelor's degree preferred
Experience
- 5+ years of experience. May substitute an equivalent combination of education and experience in lieu of 5 years Inventory Management/Purchasing experience (Bachelors +2 years Inventory Management/Purchasing experience).
- Experience working within a retail, wholesale or distribution environment
Professional Skills
- Strong excel skills
- Inventory Management/Purchasing experience in distribution with 10,000+ SKUs
- Strong communication skills with stakeholders on any gaps in product service level
- Ability to work cross-functionally across the enterprise
- Strong attention to details and follow up
- Proactive attitude to highlight and address issues as they arise
- Ability to multi-task in a fast-paced environment
- Ability to understand/execute standard replenishment processes and best practices
- Strong tactical replenishment execution skills
- Strong organizational and planning skills
- Ability to negotiate with suppliers to execute the inventory depletion process
- Strong understanding of product forecasting
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