Strong follow through as position serves as the primary point of contact with Chain Drug Business Analysts and inventory management group.
Responsible for guiding and maintaining progress toward brand targeted inventory levels.
Monitor Weeks of Supply and In-Stock levels and recommend opportunities for forecast adjustments.
Monitor MABD (Must Arrive By Date) compliance and communicate issues to CVS and Rite Aid.
Monitor inventory levels on future discontinued items and provide recommended turn-off dates by store volume grouping to ensure the lowest possible return/markdown dollars at the end of a products life cycle.
Monitor new item sales trends and recommend changes to initial forecasts.
Work closely with Sales Group to ensure promotional events do not negatively impact inventory levels.
Ensure that the SFS forecasts are aligned with consumption trends concentrated on NPD
Communicate inventory issues/opportunities to Team Operations and Retail Merchandising Group. Follow up on suggested appropriate actions.
Collaborate with Customer Logistics group around product supply, transportation, and inventory levels.
Primary point of contact with CVS and Rite Aid Replenishment Group for regular, on-going replenishment activities. Timely, accurate responses to customer requests.
Suggest process improvements to improve efficiencies of recurring tasks.
Modify and create new processes in SOP (Standard Operating Procedures) so that others within the organization can leverage.
Collaborate with Demand Planning on internal forecasts with customer driven system forecasts. Forecasts will come from customers seasonal, promotional, and replenishment systems.
Work closely with the customer to align on overall inventory turn targets.
Align turn targets with current inventory levels to establish understocks, overstocks; communicate any outliers
Ensure that all items and stores are fully replenishing through a full review of the replenishment parameters. Work with internal and external partners to resolve.
BS Degree and 5-7 years of consumer products industry direct sales, sales analysis and/or inventory management experience.
Ability to function with a great deal of independence.