Physical Inventory Lead

About the role

The individual in this role will manage the physical inventory processes in retail, RDC BDC, FDC XDT and other Supply Chain locations at Lowe's. They will administer accurate counting processes of the physical inventory procedure while also ensuring that accurate business document cut-offs are achieved. Additionally, they perform random counts and audits of physical inventory processes. The role will utilize the Genesis systems in stores to manage the process and capture inventory data for transfer to corporate. Responsibilities include directly managing a team of 15 to 25 OIS employees during the counting process, coordinating the counting functions of 3rd party contractors (Outside Inventory Services) and ensuring that all 3rd party counts are accurate and loaded into Lowe's systems. This role does require extensive travel, including flights.

Responsibilities

• Prepare the physical breakdown of the store into geographic count sections.
• Manage the flow and deliverable for a team of OIS employees (range from 15 to 25) while directing the activity of 1 ASM and a team of Lowe’s associates during the counting process.
• Provide a customer friendly inventory environment for the store to operate while managing the inventory process.
• Demonstrate leadership ability and people skills to direct inventory team members in appropriate actions related to the inventory process.
• Manage the count to exercise appropriate controls unique to the inventory process in achieving accurate counts and cut-offs.
• Explain, direct and manage the inventory team from the store in performing physical counts and reconciliations of counts.
• Manage the systems issues associated and unique to the physical inventory process.
• Display and execute an understanding of store operations policies and procedures to accommodate performing the inventory process.

Requirements

• High school diploma or GED or equivalent years of experience in lieu of education requirement, if applicable.
• 5 years’ extensive experience in operations management and all selling and inventory management systems.

Qualifications

• Bachelor’s degree in accounting or business or equivalent work experience in a related field.

Pay

Pay Range: $73,900.00 - $123,500.00 annually. Starting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience.

Benefits

• Health, Dental and Vision insurance
• Life and Disability insurance
• Paid time off based on role, tenure, and locality, including vacation, holidays, sick and volunteer time
• Flexible spending and health savings accounts
• 401(k) Retirement account with company match
• Employee Assistance Program with concierge, work/life services and no-cost counseling for all kinds of needs
• Education support programs, including tuition assistance and trade skills scholarships
• Business Travel Accident insurance
• Maternity and Parental leave
• Adoption assistance
• Lowe's Associate Discount and broad discount platform
• Other discretionary benefits (based on eligibility) include annual bonuses, enrollment in Lowe's Employee Stock Purchase Plan and/or deferred compensation plan, and grant awards