Fd Vmi Coordinator

General Summary

VMI Coordinators are responsible for maintaining smooth inventory flow for assigned vendors that enables the company to meet its sales, profitability and inventory turn goals. VMI Coordinators manage/oversee the DC replenishment activity of VMI Suppliers to ensure company meets or exceed annual DC service level and turn objectives while maintaining store level in-stock goals. This position is responsible for embracing Family Dollar’s store-centric commitment to customers, customer service and sales.

Principal Duties & Responsibilities

• Effectively utilize Retek and Micro-Strategy to mange optimal inventory levels. Generate and analyze suggested order quantities and provide sales/order projections to the vendor community as needed. Maintain accurate item information in Retek (i.e. discount items, new items, pallet information, lead time, etc.)
• Communicate status, issues and necessary system input changes across categories and divisions in order to attain DC service, Store in-stock, and turn objectives while reducing EDI errors with VMI suppliers
• Understand forecasting and utilize this knowledge to analyze shipment and sales data in order to manage the replenishment activity of assigned VMI suppliers.
• Provide VMI suppliers monthly scorecard information in order to deliver DC service level and inventory turn goals
• Create and track all promotional and new item purchase orders to ensure product is delivered at the appropriate time.
• Monitor inventory for all assigned VMI suppliers and recommend order strategies to eliminate overstock issues and balance inventory across the network
• Manage store level in-stock position for assigned items to maximize sales and margin
• Review the condition of warehouse inventory levels and item status on a daily basis. Provide sku level information to VMI suppliers as needed to correct service and turn goals
• Control and maintain necessary system and logistical information to ensure that normal, promotional and investment product inventory flows meet or exceed objectives such as inventory turns and service level with VMI suppliers.
• Meet weekly with Buyers and Planners to review current service level, vendor issues, new items, schematic changes, diverter buy opportunities, item changes, and line review preparation
• Provide essential information for and prepare multiple reports (i.e. line reviews, OOS, etc.)
• Work directly with vendors to establish and maintain compliance in all areas of service and turn objectives. Coordinate the return to vendor process for damaged and discontinued basic merchandise
• Serve as liaison between the Merchant and Planning organization on relevant issues and communicate effectively with both parties
• Other job-related duties as assigned
  
  

Minimum Requirements

Education: Bachelor's Degree from a four-year college or university or equivalent experience/training

Experience: One (1) or more years of related replenishment experience

Technical Skills: Must be proficient in the use of Micro-Strategy and Microsoft Office including Excel, Access, Power Point and Word. Ability to develop, manipulate, format and share spreadsheets for the purpose of analysis

Other Skills: High attention to detail

Full time

510 Volvo Parkway,Chesapeake,Virginia 23320

Inventory Management

Family Dollar