The Inventory Coordinator position is responsible for the overall inventory integrity and maintenance of a store’s inventory following Ace’s inventory best practices and metrics - some of which are outlined as follows:
Inventory Record Accuracy-IRA (Change in Quantity on Hand, Credit PO’s, Direct Ship, etc.)
In Stock Opportunity (Maximum Stock Level, Minimum Order Point, Store Use, etc.)
Assortment (Product Mix)
Unproductive Inventory (Overstock, Obsolete, Discontinued, Markdowns, etc.)
Shrink (Loss, Damage, etc.)
Essential Duties and Responsibilities:
Ensure data accuracy within the system to maintain adequate inventory levels
Print and process the Negative Reports and make corrections as necessary
Process Count-Correction-Sheets and make corrections in inventory system
Monitor Outs to ensure store maintains a rate in accordance with company standards.
“Shoot the Outs,” research variances, and make corrections as needed
Process defectives and temporary outs
Process Mango Count Sheets and exception reports.
Monitor shrinkage, recommend ways to reduce theft and breakage, and make corrections in inventory system.
Identify obsolete inventory, determine how to best remove it, and assist store management with the liquidation process.
Train store staff on inventory management best practices
Maintain accuracy of all location codes.
Collaborate with Receivers and Cashiers to help identify errors and correct them as necessary
Print bin tags (labels) as requested
Required Knowledge, Skills and Abilities
High School degree, some college preferred.
Possess a vast product knowledge of consumable products along with a willingness to learn
General understanding of inventory principles and experience with retail programs
Understand the flow of merchandise
Experience in a retail environment either in inventory, sales, or back office
Excellent quantitative and computer skills
Analytical and pricing knowledge with the ability to conduct comparison analysis and make sound decision
Knowledge of retail computer systems, MS Word and Excel a plus
Excellent communication skills, exceptional organizational ability, high attention to detail, and ability to multi-task
Ability and willingness to work flexible hours including evenings, weekends and holidays to meet the needs of the business
Minimum of 2 years' Experience in Retail Leadership position. Must like to have fun while working!
Pay rate is $13.00 to $16.00, depending on experience level. Must be able to work a minimum of 30-40 hours a week. Excellent advancement opportunities, as owner's store count is expanding rapidly!