1 Replenishment Specialist Job in Fort Lauderdale, FL
IT'SUGAR is Hiring a Replenishment Specialist Near Fort Lauderdale, FL
Who We Are...IT’SUGAR was founded to create an environment that fosters the greatest feeling of happiness and humor; that allows you to smile and laugh out loud without judgment. Expanding rapidly, with over 100 locations nationwide, IT’SUGAR aspires to a future where everyone has access to the pure joy that comes from indulging in a world with fewer rules and more sugar.
There are three major things that differentiate IT’SUGAR from other candy retailers. One is the product – an unconventional twist on traditional candy store goods that focus on the humorous and outlandish. Second is the ambiance – full of bright colors, loud music, and lighthearted rebellion. Third is the people – passionate, optimistic, and energetic.
Replenishment Specialists support the Merchandise Planners and Merchants in planning and forecasting sales and inventory needs at the SKU and store level to exceed company financial goals. You will build upon your understanding of key performance indicators relevant to the business.
What you’ll do? IT’S Exciting!
- Financial
- Achieve Sales, Margin, Inventory Turnover and other KPIs as designated to plan
- Adhere to all Open-To-Buy guidelines as directed by Planners
- Merchandising
- Collaborate with merchants on appropriate depth and breadth of product assortments
- Work with merchants to improve and optimize inventory productivity
- Serve as a key analyst to the Planners and Buyers
- Inventory Management
- Own end-to-end management of inventory including detailed review of stockouts
- Replenish inventory by location based on preset criteria and sales plan
- Identify product inventory opportunities and risks and suggest actionable strategies
- Partner with Compliance for any inventory-related receiving challenges
- Purchasing
- Responsible for creation and submission of purchase orders to vendor partners
- Serve as primary point of contact our outside vendors
- Actively follow-up on all open purchase orders and tracking to ensure timely delivery to stores
- Create and communicate demand forecasts to vendors as needed
- Sales Focus
- Participate in regular weekly Team meetings to discuss the overall business trends and opportunities
- Conduct regular store visits to evaluate merchandise presentation and inventory levels
- Propose strategic inventory recommendations based on trend and historical data
- Team Development
- Assist in identification and improvement of established processes and procedures
- Participate in ongoing team skill development and educational opportunities
- Miscellaneous
- Develop an understanding of a wide variety of store size/types/volumes/capacities
- Responsible for creating and distributing a variety of weekly reporting as assigned
- Assist with a variety of other special projects as needed by the Team
- Bachelor’s Degree in Business, Finance, or a related field;
- Previous Planning or Replenishment experience required in the Retail industry
- Strong to Advanced Microsoft Office knowledge/experience (especially with MS Excel);
- Must embody all IT’SUGAR Core Values
- Ability to be flexible and adapt in a rapidly expanding and changing retail environment
- Strong analytical and problem-solving skills, with an attention to detail;
- Strong interpersonal and organizational skills
- Self-motivated and a Team Player
- Excellent communication skills both written and oral to all levels of the organization
- Fun at Work! Socials and Happy Hours Monthly
- Hybrid Work Schedule
- Career Growth Opportunities
- Training and Development
- 30% Employee Discount
- Perk Spot (Discount travel, events, etc.)
- 401k with company match
- Full Time Only
- Medical, Dental, Vision
- Paid Time Off
- Health Savings and Flexible Spending Account
- Website: www.itsugar.com
- Facebook: www.facebook.com/itsugar
- Twitter: www.twitter.com/itsugar
Job Summary
Full Time
Retail
$41k-51k (estimate)
03/28/2023
06/21/2024
itsugar.com
OXON HILL, MD
500 - 1,000
2006
Private
$500M - $1B
Retail
Related Companies
About IT'SUGAR
IT'SUGAR is a specialty store that specializes in retailing sweets, fun novelty gifts and giant candies.
The job skills required for Replenishment Specialist include Microsoft Office, Planning, Problem Solving, Communication Skills, Organizational Skills, etc. Having related job skills and expertise will give you an advantage when applying to be a Replenishment Specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Replenishment Specialist. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Replenishment Specialist positions, which can be used as a reference in future career path planning. As a Replenishment Specialist, it can be promoted into senior positions as a Forecast Planning Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Replenishment Specialist. You can explore the career advancement for a Replenishment Specialist below and select your interested title to get hiring information.
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