Floor & Decor Atlanta , GA 30301
Posted 2 weeks ago
Purpose:
The Inventory Strategist works within Supply Chain and is responsible for partnering with merchandising and store operations to develop, implement and execute inventory strategies that maximize sales and inventory productivity for Floor & Decor. In order to maximize sales and inventory productivity, it is critical that the Strategist maintain appropriate in-stock positions in both the stores and distribution centers for all SKUs. The Strategist will work closely with merchants, stores, vendors, logistics, distribution, and the Asian souring office (ASO) to accomplish team goals.
The Strategist is responsible for creating and maintaining accurate SKU forecasts, developing the inventory & replenishment strategy, managing replenishment parameters for each SKU & location to execute the strategy, achieving targeted in-stock levels & planned inventory turns and developing recommendations to improve inventory productivity.
Minimum Eligibility Requirements:
Bachelor's degree or equivalent preferred
Critical thinking skills to identify the strengths and weaknesses of alternative solutions
Strong self-starter with ability to work with minimal supervision
Must be detail-oriented and organized
Action-oriented and accountable for responsibilities
Ability to adapt well in a dynamic retail corporate environment
Proficient in MS Office applications especially Excel
DFIO forecasting and replenishment solution knowledge is a plus
Ability to communicate effectively with all levels of management
Possess excellent customer service skills and work well under pressure
Strong computer skills including Microsoft Office Suite
Ability to multi-task, meet deadlines, and work in a fast-paced environment
Excellent verbal, written, and interpersonal skills
Essential Job Functions:
Develop the inventory and replenishment strategy for assigned SKUs and locations
Participate in product line reviews and partner with merchandising and stores teams to influence the product assortment to maximize in-stocks and inventory turns
Recommend opportunities to both merchandising and regional merchandising to adjust visual presentation settings and job size parameters to maximize inventory turns and sales
Focus on maintaining higher in stock for Top SKUs in area of responsibility
Keep Running Line Program SKUs in stock at each store while minimizing inventory investment in order to maximize inventory productivity
Generate sales forecasts for new and existing items, improving accuracy over time.
Identify root cause drivers of poor in-stocks and turnover and provide actions steps to improve results
Partner with stores on forecast and replenishment settings as well as manual order needs.
Produce necessary allocations and own purchase order responsibility from domestic and import vendors to keep both the distribution centers and stores in stock
Collaborate with vendors to improve on-time and complete shipments
Reduce discontinued inventory investment to <10% for their area of responsibility through collaboration with both merchandising and regional merchandising
Recommend strategies to minimize inventory investment to improve Turns and ensure compliance to the company's "Open to Buy" constraints.
Working Conditions (travel & environment)
This position is salaried, knowing it may include hours which exceed eight hours in a day or forty hours in a week.
Occasional travel required including air and car travel
While performing the duties of this job, the employee is frequently exposed to a warehouse environment and moving vehicles. The noise level in the work environment is typically moderate to noisy.
PHYSICAL/SENSORY REQUIREMENTS
Medium Work - Ability to exert 20-50 pounds of force occasionally, and/or 10-25 pounds of force frequently, and/or greater than negligible up to 10 pounds of force constantly to lift, carry, push, pull, or otherwise move objects. The employee is often required to use their hands and fingers, to handle or feel. The employee is occasionally required to stand, walk, reach with arms and hands, climb or balance, and to stoop, kneel, crouch or crawl.
Note: Floor & Decor considers all applicants for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, age, disability, medical condition, pregnancy, marital or familial status, veteran status, or based on any other class protected by applicable federal, state, or local law. Floor & Decor also provides reasonable accommodations to qualified individuals with disabilities in accordance with the Americans with Disabilities Act and applicable state and local law.
This job description does not constitute an employment agreement between the employer and the employee and is subject to change by the employer at its sole discretion.
Benefits & Rewards
Bonus opportunities at every level
Career advancement opportunities
Relocation opportunities across the country
401k with discretionary company match
Employee Stock Purchase Plan
Referral Bonus Program
Medical, Dental, Vision, Life and other Insurance Plans (subject to eligibility criteria)
Equal Employment Opportunity
Floor & Decor provides equal employment opportunities to all associates and applicants without regard to age, race, color, religion or creed, national origin or ancestry, sex (including pregnancy), sexual orientation, gender, gender identity, disability, veteran status, genetic information, ethnicity, citizenship, or any other category protected by law.
This policy applies to all areas of employment, including recruitment, testing, screening, hiring, selection for training, upgrading, transfer, demotion, layoff, discipline, termination, compensation, benefits and all other privileges, terms and conditions of employment. This policy and the law prohibit employment discrimination against any associate or applicant on the basis of any legally protected status outlined above.
Floor & Decor