Inventory Specialist

About the role

Acme Tools is seeking an Inventory Specialist who loves staying on top of product inventory levels and has a keen eye for detail. The ideal candidate will have a proven ability to develop and implement impactful solutions based on research and manufacturer information, and will communicate these effectively with the Purchasing team.

Responsibilities

• Collecting and analyzing data sales trends and forecasting purposes
• Analyze information and develop recommendations to drive sales opportunities, improve margins and increase inventory turns
• Make recommendations for category inventory levels to achieve optimal profitability, ensure maximum turn and in-stock position
• Work closely with vendor plant personnel to facilitate a timely and accurate order-fulfillment process
• Maintain effective working relationships with suppliers
• Focus and track daily sales
• Leverage analytical skills to identify shortage opportunities, uncover root causes, propose solutions and drive change
• Demonstrate ability to complete complex projects simultaneously meeting objectives, timeliness, and achieving positive financial results
• Maximize sales, profits and inventory flow
• Generate orders to replenish stores/DCs
• Track purchase orders to assure product arrives on time and receiving the correct quantities
• React to purchase orders that are more than seven days past due and those with backorders
• Provide stores with the correct amount of inventory to cover sales during promotions
• Follow up orders to maintain proper inventory levels after promotions

Requirements

• A Bachelor’s degree in a business field or at least 2+ years of related experience
• Microsoft Excel and word processing software proficiency
• Strong written and verbal communication, organization, and presentation skills with the ability to write reports and business correspondence
• Knowledge of calculating figures and amounts such as profit margins, discounts, percentages, and inventory levels
• A natural curiosity for how things work and the ability to adapt to ever-changing internet world
• Able to work autonomously and part of a team environment, and to keep a high degree of confidentiality of all department and company information

Qualifications

• Prior experience with inventory control practices and web analytics
• Point of sale system experience working in a retail environment
• Bonus points for tool and equipment industry knowledge

Skills

• Microsoft Excel and word processing software proficiency
• Strong written and verbal communication, organization, and presentation skills
• Knowledge of calculating figures and amounts such as profit margins, discounts, percentages, and inventory levels
• A natural curiosity for how things work and the ability to adapt to ever-changing internet world

Benefits

• Professional Development Training
• Competitive Pay & Annual Performance-Based Increase
• Opportunities Generous PTO plan that starts accruing on day 1!
• Paid Holidays – we are closed the 6 major holidays of the year
• Maternity Leave (partially paid through company paid short-term disability!)
• Work environment where everyone strives to do their best work and can see their impact on the company
• Community Involvement Opportunities
• Generous Employee Discounts

Pay

• Competitive salary

Schedule

• Full-time