Mgr, Inventory

Tractor Supply Company

$80K — $95K *
Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 6+ years' experience in forecasting/replenishment, supply chain management, merchandising or logistics, preferably in retail
  • Bachelor's degree in supply chain management, logistics, finance, business, statistics or related field
  • Proficient in Excel and familiar with replenishment/forecasting systems like SAP
  • Experience in high article count retail environments
  • Ability to complete internal E3 certification within 90 days

Responsibilities

  • Manage and support replenishment strategy aligned with merchandise and promotional plans
  • Collaborate with cross-functional teams to support promotional events and inventory recommendations
  • Hire, train, and develop inventory analyst team members
  • Provide coaching and feedback to ensure accountability and compliance with best practices
  • Develop and monitor seasonal inventory strategies to maximize turnover and service levels
  • Review inventory metrics to optimize performance
  • Coordinate inventory decisions and budgets to maintain financial controls

Benefits

  • Hybrid/Flexible working conditions
Full Job Description
Overall Job Summary

This position is responsible for maximizing return on inventory investment by leading a team of inventory analysts tasked with effectively purchasing, flowing, and allocating inventory. The position is accountable for delivering sales and margin goals through impeccable execution of the Merchandise Department's sales, profit, and growth strategies. In addition, the position will maintain cross functional department affiliations to further the success of Inventory Management.

Essential Duties and Responsibilities (Min 5%)

  • Manage and support the implementation of the replenishment and inventory strategy to support assortment, merchandise, and promotional plans while achieving key metrics.
  • Collaborate with Divisional Merchandise Manager, Buying Teams, Merchandise Planners, and other cross functional departments such as Transportation, Supply Chain and Store Operations to support promotional events, replenish inventory, and make inventory recommendations regarding business trends.
  • Leadership:
    • Hire, train, and develop team members.
    • Provide feedback and coaching to the team to ensure accountability for results and compliance with best practices including forecasting, profiling, and replenishment by utilizing exception-based reporting and analysis of key metrics.
    • Model TSC Values and create positive, productive work environment that enables the team to provide the maximum return to the organization.
  • Develop and monitor the execution of seasonal builds and exit strategies to maximize inventory turn and service levels.
  • Review buying multiples, minimums, site/article set up, replenished forecasts, and vendor maintenance to optimize inventory performance.
  • Coordinate and assist in the execution of inventory decisions, vendor projections, and inventory budgets to maintain the Open to Buy and Open to Spend.
  • Oversee planning and execution of article-site inventory at stores and DCs for Merchandise Division.


Required Qualifications

Experience: 6+ years' experience in forecasting/replenishment, supply chain management, merchandising, field operations, logistics or store planning, preferably in a retail environment (preferred).

Education: Bachelor's degree in supply chain management, logistics, finance, business, statistics or related field. Any suitable combination of education and experience will be considered.

Professional Certifications: None.

Preferred knowledge, skills or abilities
• Excellent computer skills (Excel, Word, etc.) and prefer experience with replenishment/forecasting systems (SAP, E3, Inforem, Intactix, etc.).
• Experience in high article count retail systems and processes.
• Successfully complete internal E3 certification and training program within first 90 days in position.

Working Conditions
  • Hybrid / Flexible working conditions


Physical Requirements
  • Sitting
  • Lifting up to 10 pounds
  • Walking


Disclaimer

This job description represents an overview of the responsibilities for the above referenced position. It is not intended to represent a comprehensive list of responsibilities. A team member should perform all duties as assigned by his/ her supervisor.

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