Directs and forecasts future inventory replenishment based on historical buys, reoccurring buys and current inventory levels. Responsible for achieving inventory turn goals, consistent in-stocks on key items, achieving customer service metrics, and working with the sales team to anticipate and respond to changing sales trends.
RESPONSIBILITIES:
- Manages and directs assigned portions of the $100+ million dollar inventory spend.
- Directs inventory purchases that facilitate achieving the turn goals for the department
- Completes analysis of OTC & Fill Rate, managing action plans within the region
- Negotiates vendor returns for deadstock & obsolete inventory
- Manages vendor performance by providing valuable feedback and establishing expectations for order fulfillment
- Provides analysis of deadstock and obsolete inventory & directs proper purchasing decisions to facilitate low levels of C & D inventory.
- Analyzes safety stock change requests from the field, managing the proper safety stock levels for items forecasted by the sales team
- Reviews and evaluates customer demand and the associated cost impact, providing recommended safety stock adjustments to management
REQUIREMENTS:
- Requires 3-5 years experience managing, or facilitating, replenishment within a multi-million dollar inventory network.
- Strong MS Excel skills - AS/400 & JDE experience a big plus
- Strong communication and leadership skills
- Must have the capability to analyze and provide feedback to the inventory budget, understanding turn, stock-to-sales, and other commonly used replenishment metrics.
