Summary:
Responsible for keeping the quality of region inventory at a level to optimize customer service and meet financial objectives. This position is responsible for inventory management including product availability, acceptable inventory levels per inventory class and obsolescence control. Also responsible for budgeting inventory based on sales forecasts and managing perpetual inventory value to the budgeted value.
Essential Duties and Responsibilities:
- Works directly with the procurement department and inventory stocking locations to optimize product flow.
- Establishes and maintains a stocking model for each branch and distribution center.
- Minimize shrinkage
- Implements and manages product return policy.
- Manages Smart Shift program
- Reviews and oversees product classification coding (ABC).
- Works with MFMO to maintain Item File quality
- Establishes and maintains product availability goals and service goals.
- Monitors inventory levels and optimizes stock turns.
- Manages obsolescence to meet and exceed KPI's.
- Reviews monthly reports and benchmarks with procurement and branch personnel.
- Other duties may be assigned.
Supervisory Responsibilities:
May directly supervise and carry out supervisory responsibilities for positions such as Inventory Specialist in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems. Facilitate employee growth and involvement in the required day-to-day operations of the general office.
Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and/or Experience:
Bachelor's degree in Logistics, Supply Chain Management, or a related discipline with a minimum of three + years related experience in the industry, including minimum one to three years in a management capacity, or the equivalent combination of education and experience. Applicants must also have knowledge and proven success in managing inventory and inventory control processes operational processes.
Language Skills:
Ability to read, write and speak English, analyze, and interpret related technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to write presentations that conform to prescribed style and format.
Mathematical Skills:
Ability to calculate figures and amounts such as discounts, interest, cost, credit, rebate and profit, understand and interpret financial commissions, proportions and percentages. Ability to apply concepts of basic graphs and present concepts in quantitative terms.
Reasoning Ability:
Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
Computer Skills:
To perform this job successfully, an individual should have knowledge of Word Processing software; Spreadsheet software; Inventory management software; Internet software and Order processing systems.
Attendance Demands:
The attendance demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Attendance is required Monday through Friday 8:00 A.M. to 6:00 P.M. or within normal business hours as established by the handbook. Employee may be required to work overtime, and occasional Saturday’s and Sunday’s.
Physical Demands:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this Job, the employee is regularly required to speak read or hear. The employee is frequently required to stand; walk; sit and use hands to handle, or feel. The employee is occasionally required to reach with hands and arms and climb or balance. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include Ability to adjust focus. The employee will be required to travel domestically to different locations including air and automobile travel approximately 20% of the time.
Work Environment:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Most responsibilities are performed in an office environment. The noise level in the work environment is usually moderate. The work is sometimes performed in a warehouse environment.
There may be occasional exposure to extreme weather conditions during travel or in a warehouse environment at company branches. This is a high stress and fast paced environment.
Working Conditions:
Office and warehouse environment. Travel 30%.
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