Senior Inventory Manager

Floor & Decor Holdings, Inc.

$85K — $110K *
Retail & Consumer Goods
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in General Business or related field (relevant experience can substitute education requirements).
  • Three years of job-related experience.
  • Proficient in MS Office Suite, especially Excel.
  • Knowledge of E3 Forecasting and Replenishment solutions is a plus.
  • Highly organized with a detail-oriented mindset.
  • Excellent customer service skills and ability to work under pressure.
  • Strong verbal, written, and interpersonal communication skills.

Responsibilities

  • Supervise and coordinate the work of Inventory Analysts to ensure high performance.
  • Manage personnel functions including hiring, coaching, and performance evaluations.
  • Ensure consistent application of inventory forecasting and replenishment best practices.
  • Set operational inventory goals and maintain accountability for their achievement.
  • Provide exceptional customer service to regional partners and store teams.
  • Support local market needs by addressing requests from CEM staff timely.
  • Deliver accurate sales forecasts, especially for new items.
  • Lead the purchase order process and manage the Open to Buy strategy.
  • Conduct analysis to solve inventory management challenges and present findings.
  • Assist in grand opening operations and support new store launches with inventory planning.

Benefits

  • Bonus opportunities and career advancement at all levels.
  • 401k with company match and Employee Stock Purchase Plan.
  • Comprehensive medical, dental, vision, and life insurance plans.
  • Paid vacation, sick time, and holidays along with a personal holiday.
  • Paid Volunteer Time Off starting from Day 1.
Full Job Description
This position manages a team of Inventory Analysts. The Inventory Manager is responsible for the in-stock and inventory turnover performance of the product categories owned by their Inventory Analysts. In addition, the Inventory Manager partners with the Senior Director Regional Operations (SDRO) and is responsible for customer service in all stores for that specific region(s). This multi-functional position will require extensive partnership with the Merchandising, Supply Chain, Executive and store teams to resolve inventory issues.

Your Day Will Consist Of:
  • Supervise and coordinate work of designated employees, delivering a team of high performing Inventory Analysts (IAs).
  • Manage various personnel functions including but not limited to hiring, performance appraisals, coaching and development, promotions, transfers, and vacation schedules.
  • Ensure consistent application of forecasting and replenishment best practices. This may include creation and training of the practice, in addition to monitoring and reporting on performance and helping to close performance gaps identified.
  • Lead the establishment of operational inventory goals and have first line accountability for the performance to achieve such goals including but not limited to: in-stocks, non-productive inventory, turnover, GMROI and financial inventory targets.
  • Provide superior customer service to their partner RVP and stores within their Region.
  • Serve as the key contact to support the CEMs local market needs and ensure CEM requests are completed on a timely basis.
  • Ensure sales forecasts are accurate, paying special attention to new items and forecasts at the Port Warehouse level.
  • Deliver purchase orders for their product categories and lead the Open to Buy process, ensuring category strategies align to financial goals.
  • Develop ad-hoc analyses to evaluate and address inventory management issues. This analysis includes but is not limited to visual presentation levels, service level goals, ordering unit optimization, and Job Size analysis.
  • Create and deliver ad hoc reporting as needed to partners in Merchandising, Supply Chain, Finance, Stores and Senior Executives. Provide inventory guidance on Product Line Reviews (PLRs) conducted within their area of responsibility.
  • Serve as a key leader for all grand opening operations related to initial sets and subsequent flow backs to support successful new store launches. Supply design requirements along with testing and rollout support of new inventory solutions. These include, but are not limited to, new systems, reporting, and standard operating procedures (SOPs).


You'll be Successful With:
  • Bachelor's degree in General Business or related field (relevant experience can be substituted for the required education on the basis of one calendar year of experience for one academic year of education) .
  • Three years of job-related experience.
  • Proficient in MS Office Suite (especially Excel).
  • E3 Forecasting and Replenishment solution knowledge is a plus. Ability to communicate effectively with all levels of management.
  • Must be detail oriented and highly organized.
  • Possess excellent customer service skills and work well under pressure.
  • Ability to multi-task, meet deadlines, and work in a fast-paced environment.
  • Must be able to prioritize and lead team projects.
  • Excellent verbal, written, and interpersonal skills.
  • Ability to work independently within a team across all levels and diverse cultures.


WORKING CONDITIONS (TRAVEL, HOURS, ENVIRONMENT)

  • Limited travel may be required including air and car travel.
  • While performing the duties of this job, the employee is occasionally exposed to a warehouse environment and moving vehicles. The noise level in the work environment is typically quiet to moderate.


PHYSICAL/SENSORY REQUIREMENTS
Sedentary Work - Ability to exert 10 - 20 pounds of force occasionally, and/or negligible amount of force frequently to lift, carry, push, pull or otherwise move objects. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time.

NOTE: All duties and responsibilities listed are considered to be essential job functions and requirements, and are subject to possible modification to reasonably accommodate individuals with disabilities. Marginal functions of the position (those that are incidental to the performance of fundamental job duties) have not been included. However, the omission of specific statements of duties does not exclude them from the position if the work is similar, related or logical assignment to the position.

This job description does not constitute an employment agreement between the employer and the employee, and is subject to change by the employer as the needs of the business and requirement of the job change.

Benefits & Rewards

Bonus opportunities & career advancement opportunities at every level

Programs that help you reach your financial goals: 401k with company match, Employee Stock Purchase Plan, and Referral Bonus Program

Medical, Dental, Vision, Life, and other Insurance Plans (subject to eligibility criteria)

Work-life balance, including:
  • Paid vacation and sick time for eligible associates
  • Paid holidays plus a personal holiday
  • Paid Volunteer Time Off that starts on Day 1


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