• Posted on: Apr 20, 2022
  • Location: Sunrise, FL
  • Job ID: 479d640b
  • Type: Full Time
  • Category: Management
  • Posted on: Apr 20, 2022
  • Location: Sunrise, FL
  • Job ID: 479d640b
  • Type: Full Time
  • Category: Management

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Position Purpose

We are looking for the right person to manage our inventory.  The goal is to grow the company’s sales and profitability with smart investments in inventory, to minimized missed sales, maximized product margins, and ensuring a healthy inventory turn. As the business grows this role has the potential to be elevated into a leadership role of the inventory planning function.  The ideal candidate for this role is someone with experience in inventory control/planning, capable of working independently, and has the ability to influence with data.  This is a hybrid role with a portion of each week in the office.

Responsibilities

  • Establishes an investment strategy by product category to support existing and future sales
  • Analyzes product selling trends and put in place an open-to-buy to maximize sales opportunities while managing margin risks
  • Create models to measure, track and manage critical KPIs related to inventory turn, margins, minimum order quantities for each product SKU
  • Negotiates with product suppliers to obtain the best cost and terms for the company
  • Places direct buys with suppliers/vendors as needed to ensure sufficient stock on hand
  • Creates a strategy for managing slow moving and obsolete inventory at the highest possible margins
  • Support the marketing plan with targeted product buys as needed to drive traffic and transactions
  • Experience developing a category strategy from product development through to liquidation

Skills & Abilities

  • Bachelor’s degree or minimum of 5 years of experience in merchandise planning or inventory control
  • Experience in managing category plans (B2B or B2C) or other businesses with heavy emphasis on inventories and WIP
  • Strong modeling and forecasting skills required
  • Comfortable with managing large quantities of data to drive analysis
  • Demonstrated ability to influence and lead develop diverse team and skill levels
  • Ability to utilize data for analysis, decision-making, and performance management
  • Experience developing operational budget, managing, and reporting progress against budget
  • Strong communications skills and process oriented

 

Benefits include

  • Medical
  • Dental
  • Vision
  • 401k
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