Total Loss Specialist
Houchens Food Group · Bowling Green, KY · 3 wk ago
On-siteOTHRFull-time
Supports the Director of Total Loss by executing strategies to minimize inventory loss and optimize profitability within a grocery retail environment.
Responsibilities
- Assist in implementing Total Loss strategies developed by the Director of Total Loss.
- Conduct SKU rationalization to support optimal inventory levels, product assortment, and store space utilization.
- Execute assigned Total Loss initiatives and monitor their effectiveness.
- Identify opportunities to improve store-level processes, inventory accuracy, and profitability.
- Monitor inventory levels and operational data to identify areas of shrinkage in dry and fresh product categories.
- Analyze potential causes of inventory loss and recommend corrective actions.
- Collaborate with store teams to develop and implement corrective measures and operational improvements.
- Follow up with store teams to evaluate results and ensure corrective actions are consistently applied.
- Develop and deliver practical training for store management and associates on Total Loss initiatives, inventory controls, markdown procedures, and operational best practices.
- Teach and coach store teams with varying levels of experience.
- Reinforce expectations and follow up to ensure training is understood and consistently applied.
- Provide ongoing guidance and support to store leadership and associates.
- Assist in coordinating markdown processes to ensure alignment with inventory, profitability, and sales strategies.
- Analyze inventory and sales data to identify effective markdown practices and opportunities for improvement.
- Support stores in consistently executing established markdown procedures.
- Recommend adjustments to markdown practices based on inventory trends, sales results, and product performance.
- Prepare detailed reports on Total Loss activities, results, trends, and opportunities.
- Assist in presenting findings and recommendations to senior management.
- Use analytics tools to support data-driven decision-making and measure initiative performance.
- Track progress and communicate results to the Director of Total Loss and other key stakeholders.
- Work closely with store management, finance, operations, merchandising, and other departments to support coordinated Total Loss efforts.
- Communicate effectively with team members and store leadership to foster a culture of proactive inventory and loss management.
- Build productive working relationships with store teams and cross-functional partners.
- Provide guidance and support to stores in the execution of assigned Total Loss initiatives.
Requirements
- Three years of grocery store management experience.
- Demonstrated ability to teach, train, and coach individuals and groups with varying levels of experience.
- Strong analytical and problem-solving skills.
- Excellent written and verbal communication skills.
- Strong collaboration and relationship-building skills.
- Familiarity with grocery retail operations, inventory controls, and store-level procedures.
- Ability to interpret inventory, sales, markdown, and shrinkage data.
- Ability to manage multiple priorities and work independently.
Preferred Qualifications
- Knowledge of inventory management and SKU rationalization.
- Experience analyzing shrinkage, markdowns, and inventory performance.
- Proficiency in retail analytics and reporting software.
- Experience developing or delivering training in a grocery retail environment.
Benefits
- Competitive salaries.
- Comprehensive benefits.
- Supportive work environment.