Supply Chain
Inventory Manager - Team and Club Sports
Job Information
Company
Sears Holdings Management Corporation
Location
US-IL-Hoffman Estates
Job Title
Inventory Manager - Team and Club Sports
Job Type
Inventory
Management
Supply Chain
Print This Job
Job Title
Inventory Manager - Team and Club Sports
Job Description
This role is responsible for the development of the merchandise plan including sales, margin, inventory turnover, and in stock percentage at the line, category, and appropriate class or key item level. In addition, is responsible for delivering sales and margin targets through flawless execution of the merchandise flow plan while achieving Distribution Center fill rate, inventory turnover, in-stock percentage and liability inventory goals. This position reports directly to the Director of Inventory Management, and has management responsibility for Inventory Analyst and Sr. Inventory Analyst. This associate works closely with their buying team, finance, stores, vendors, and the merchandising support team to significantly improve the profitability and maximize shareholder value. Due to the business complexity, the recommended tenure for this position is 18 months.
Job Requirements
Responsibilities:
•Monitors department/line performance & makes appropriate mid-course corrections to forecasts
•Incorporates modelling, situation analysis, problem diagnosis, & operations analysis to support business decision making with financial analysis
•Participates in weekly & monthly in season business management meetings, presenting analysis, calling out issues & action items
•Facilitates & completes the monthly & seasonal post mortem review process with data & analysis
•Develops associates through interviews, selection, coaching, mentoring, performance management, talent management & succession planning
•Develops & monitors pre-season, in-season, semi-annual, monthly & weekly business financial plans & forecasts that adhere to strategic & financial objectives
•Develops Distribution Center (DC) level plans & forecasts fully communicating & integrating these plans with logistics & DC operating plans
•Supports the business review & line review processes with data & analysis
•Supports the forecast & OTB meetings with data & analysis
•Utilizes & maintains forecasting/planning tools to drive results
•Ensures the department/line estimates, forecasts & working plans reflect current conditions
•Creates monthly financial forecast for sales, gross profit, inventory & other required elements in merchandise plan
•Identifies trends, opportunities, & risks to current forecasts & the next period’s plan
•Develops seasonal & tactical receipt plans for stores & DCs
•Monitors & reviews the open-to-receive dollars weekly/monthly & provides recommendations to maximize profitability 7 stock/sales ratios, including proposing markdowns to meet flow & aged inventory targets
•Supports the development of promotional sales estimates by providing the buying team with weekly, item or program level promotional estimates
•Reconciles promotional estimates & buy quantities to the financial plan, the buyer’s sales demand forecasts & supports inventory requirements for out of line displays (end caps, bulk stacks, Sears experience, etc.)
•Analyzes promotional results with buying team
•Partners with buying team to develop assortments based on affordability, breadth, depth, & receipt flow
•Assists in tailoring the initial assortment
•Develops merchandise exit strategies with buying team
•Develops markdown management & liability inventory strategies that minimize markdowns & maximize inventory management in all levels of the supply chain
•Determines regular markdown dollar plan & merchandise depreciation dollar plan
•Drives liquidation of liability inventory through use of appropriate tools
•Serves as a business partner to the buying team
•Monitors inventory performance & direct appropriate mid-course corrections to achieve targets
•Selects appropriate replenishment strategies (weeks of coverage, review method, etc.)
•Ensures that allocation & replenishment system settings are tuned to optimize inventory productivity
•Sets frequency for on-order review & clean up
•Determines allocation strategy
•Manages Analyst support of vendor integration related initiatives
•Oversees Purchase Order creation & maintenance by IAs
•Maintains productive & supportive working relationships with stores, districts, regions & vendorsRequirements:
•Bachelor’s degree. Focus on Supply Chain, Finance, Engineering or a related field preferred
•7+ years experience as an Inventory Manager, Planner, or related role, with a mix of buying, planning & placement responsibilities
•Prior experience in a leadership role
•Detail oriented with strong managerial,planning, organization & project management skills
•Ability to mediate differences of opinion & facilitate resolution when conflicts arise
•Ability to participate in cross functional initiatives & projects
•Demonstrated knowledge of industry practices & current trends
•Strong understanding of supply chain
•Working knowledge of Merchandising & Retail Systems
Benefits
A comprehensive and competitive benefit program is designed to meet the needs of our associates and their families. Benefits eligibility depends on employment classification, location, and other variables. Benefits offered include:
An Equal Employment Opportunity Employer.
About Sears Holdings Management Corporation Sears Holdings Management Corporation provides corporate services to Sears Holdings Corporation (NASDAQ: SHLD) and its family of companies, including Sears Roebuck and Co. and Kmart Corporation.
About Sears Holdings Corporation Sears Holdings Corporation is the nation's fourth largest broadline retailer with over 4,000 full-line and specialty retail stores in the United States and Canada. Sears Holdings is the leading home appliance retailer as well as a leader in tools, lawn and garden, consumer electronics and automotive repair and maintenance. Sears Holdings is the 2011 ENERGY STAR® Retail Partner of the Year. Key proprietary brands include Kenmore, Craftsman and DieHard, and a broad apparel offering, including such well-known labels as Lands' End, Jaclyn Smith and Joe Boxer, as well as the Apostrophe and Covington brands. It also has the Country Living collection, which is offered by Sears and Kmart. We are the nation's largest provider of home services, with more than 11 million service calls made annually. Sears Holdings Corporation operates through its subsidiaries, including Sears, Roebuck and Co. and Kmart Corporation. For more information, visit Sears Holdings' website at www.searsholdings.com.
Socialize with us!
Find Us On Facebook
View Your Connections
Follow Our Tweets
Interact On MyKmart
Interact On MySears
Jobs11.Com's Advice
For your privacy and protection, when applying to a job online:
Never give your social security number to a prospective employer, provide credit card or bank account information, or perform any sort of monetary transaction. Learn More >>
By applying to a job using Jobs11.Com you are agreeing to comply with and be subject to the Jobs11.Com Terms and Conditions for use of our website. To use our website, you must agree with the Terms and Conditions and both meet and comply with their provisions.
Saving...
You've Successfully Saved:
Sign in Successful!
Notes:
Your note has been saved successfully.
By applying to a job using Jobs11.Com you are agreeing to comply with and be subject to the Jobs11.Com Terms and Conditions for use of our website.
This JavaScript enables OnlineOpinion, a method for collecting secure feedback data.