Kansas Location(s) Inventory Manager
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Job Description
Forecasting/Inventory Analysis
- Develop feedback and forecasting updates utilizing Gains, or other systems, and providing the updates to management on specific changes to customer specific requirements, general stock and their potential impact on overall demand rates for those impacted products.
o Examines potential exceptional/lost sales in order to increase accuracy of forecasts.
- Maintains communications with sales and management to gain market perspective and to receive feedback on any inventory issues that are affecting sales activity.
- Based on inventory analysis, recommend new stock item additions or deletions for all stocking items to be approved by the General Manager.
Branch Strategy Setting/Administration
- Develop branch inventory strategy along with General Manager, Branch Sales Manager and Corporate Purchasing:
o Determine appropriate safety stock and service levels
o Determine items to be added or deleted from stock
- Maintain branch inventory levels in keeping with corporate targets, strategies and Key Performance Indicators such as Days on Hand (DOH), safety stock, min/max levels and inventory rotation targets.
- Make decisions along with Branch Management Team on:
o Buying beyond requirements due to bundle sizes
o Allowing an item to stock out
o Buy out when needed
o Stock transfer when needed
o Request Purchasing to ship mill direct to customer
Active Inventory Management
- Initiates the replenishment of low or depleted stock items.
- Communicate inventory replenishment needs to Purchasing in keeping with lead times.
- Manages excess, secondary, or slow moving inventory items to expedite disposition:
o Includes determining that costs are not preventing disposal of these excess or problem inventory items
- Manages and coordinates all inventory control procedures, including cycle counts, inventory rotation, physical inventories, and cost accuracy for sheeted items.
- Provides recommendations to Operations Management for stocking locations to maximize efficiency on the floor, based upon data analysis of items’ usage