Specialty Inventory Manager

The Specialty Inventory Manager is responsible for determining the buying quantity, allocating and managing specialty inventory levels in each store across a wide array of assigned categories.

Requirements

• Work closely with buyers and visual merchandisers to identify appropriate presets for each product purchased.
• Meet deadlines set by the Specialty Commercial Calendar to ensure timely delivery of product.
• Present inventory buy and allocation strategy to larger Specialty team when appropriate.
• Work with buyers on key items to determine quantities or adjustments needed to presets based on marketing, publicity and commercial calendar plans.
• Work with Visual Merchandising team to identify appropriate display quantities for furniture and fixtures.
• Effectively utilize inventory management systems to execute allocation strategies.
• Partner with the Distribution Center when appropriate to ensure inventory is flowing to stores timely and efficiently.
• Assist in managing the production process for any applicable products by ordering components, planning production quantities and allocation of finished goods.
• Analyze ongoing sales trends and postmortem findings to take appropriate actions to ensure the optimal inventory levels are maintained in each store throughout the product lifecycle.
• Replenish inventory to stores to minimize markdowns and/or maximize margin and sales.
• Use tools to reorder quantities of products based on their replenishment strategy and rank to maintain positive DC in stock position.
• Make recommendations to buyers for expansion and contraction of existing products/programs and promotions based on store profiles and store sales data.
• Identify sales trends or store profile changes for core products/programs and make store/item combination change recommendations when opening new stores or assisting in store renovations.
• Report analytics and identify actions needed to support margin, sales and sell through of product.

Benefits

• Sick Pay
• Employee Discount
• Vacation
• Personal Days
• Company Holidays
• 401(k)
• Health Benefits
• Disability
• Life Insurance
• Transit
• Tuition Reimbursement