Job Description
JOB SUMMARY
Responsible for achieving company inventory management goals for assigned products which includes but is not limited to: exemplary customer service, PO accuracy (cost, quantity, dates), minimal spoilage and shortages, and managing optimum inventory levels. Execute a replenishment strategy that supports supply chain efficiencies
RESPONSIBILITIES AND DUTIES
- Monitor assigned SKU’s for inventory replenishment
- Enters and maintains accurate purchasing parameters (lead times, replenishment location/method, and primary vendor)
- Issue purchase orders with proper requirements and delivery.
- Manage forecasting and demand planning for customer events, business shifts, and seasonality changes
- Develop a working relationship with suppliers
- Actively pursues appropriate charge back of unacceptable costs. Work to improve vendor quality.
- Review late open orders and expedite as needed
- Source for alternative products to resolve inventory shortages
- Work with sales and operations to maximize supply chain efficiencies
- Collaborate with operations to review and resolve inventory issues
- Collaborate with accounting to reconcile invoice variances
- Manage returns to suppliers and supplier inventory allowances
- Pursues continuous improvement in purchasing procedures & efficiency and team functioning
- Keeps purchasing management informed of important developments, potential problems and related information necessary for effective management.
- Develop and maintain a general understanding of industry, products and purchasing techniques
QUALIFICATIONS AND SKILLS
- 3+ Procurement experience
- Advanced Excel Skills
- Bachelor’s degree OR commensurate combination of education and experience
- Ability to work with multiple stakeholders 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
- Strong organizational and planning skills
- Excellent written and verbal communications skills
- Ability to understand/execute standard replenishment processes and best practices
- Strong tactical replenishment execution skills & understanding of product forecasting
- Ability to negotiate with suppliers to execute the inventory depletion process