Inventory Control Specialist - DFS11711004 in New York, NY at DFS

Date Posted: 10/3/2021

Job Snapshot

Job Description

The Inventory Control Specialist prepares and manages stock counts to maintain an accurate stock level within the store. They monitor all aspects of inventory processes and identify opportunities to improve efficiencies and productivity.

Key Responsibilities:

• Plan and execute physical stock count of store inventory.
• Assist in compiling Physical Inventory Count Sheets for data upload and to populate Net Variance Report.
• Provide Root Cause Analysis Report and Pareto Charts based on research and data compilation.
• Confidently and clearly present Inventory Results (Stock count and IC Analytics) to the audience
• Manage the hardware required for stock counts & stock takes, along with uploading the data into MCS
• Reconcile and thoroughly analyze store inventory counts in MCS system
• Ensure transfer cut-off dates are adhered to
• Investigate and report stock discrepancies across the store and warehouse
• Manage and lead and train all levels of staff on inventory process and procedures
• Control manual transfer forms, write-off forms, delivery discrepancy report. System input of location-to- location transfers
• Liaise with store operations and R&A teams on day to day inventory discrepancies and update MCS, including negative stocks management, corrections and reporting
• Audit, process, sort, count and transfer out merchandise for pending Reverse Logistics (RL) and Inter-Division Transfers (IDT)
• Repairs Inventory management for physical and systems goods which are stock on hand items (this excludes sold items & customer repairs)
• Review and action outstanding Inter-departmental transfers
• Maintain and provide clearance of invalid SKUs
• Systems inventory adjustments for stock write offs/ins, Return to vendor shipments or Returns to warehouses
• Adjust inventory in the system for aged inventory, damaged inventory, or non-moving inventory
• Track and report gift with purchase (GWPs) items
• Manage "special orders" including staff purchases
• Manage inventory movements required for ETR transactions
• Follow up on Inventory accuracy systems and procedures, i.e. GWPs, promotions
• Provide consistent feedback to improve and streamline systems and procedure currently in place
• Verify and distribute processing documents to WSSC
• Process Direct Store Delivery (DSD and EDI) shipments received at the stores and warehouse (cross-dock)
• Review, maintain and process Electronic Data Interchange (EDI) shipments; balance warehouse inventory regularly
• Consignment Reporting
• Monitor and action Defective Tools Report
• Provide Ad Hocs Report to support Store and DC Operations complemented with Weekly/Monthly/Quarterly meeting to share results and align IC objective with store team Location specific requirements, if applicable:
• Manage all Spirit/Wine/Tobacco (SWT) breakages and other Duty Free Damages
• Process write-offs & manage Did Not Turn Up items (DNTUs)
• Oversee maintenance of vendor UPC barcodes
• Monitor outstanding shipment acknowledgement, follow up with Logistics team to ensure completion of booking process, discrepancy call out and observation to streamline/improve the process
• Forecast and ordering of Security Tamper-Evident Bags (STEBs)
• Manage pre-order release function and review outstanding pre-orders Other:
• Comply with company policy and procedures relating to inventory management
• Comply with all audit requirements
• Actively support and comply with all health and safety policy, procedures and regulations
• Adhere to company dress standards and punctuality
• Perform other duties as requested in a diligent and conscientious manner

Key Requirements:

• Minimum College Level 2 years
• 2-3 years inventory or stock control experience
• Strong analytical and organizational skills
• Proficient in Excel and other Microsoft Office application skills
• Leadership skills and willing to make decisions
• Critical knowledge & skills including tools, software applications, language, etc.
• Fluency in English language and other language(s) as required by location
• Strong interpersonal and written and verbal communication skills.
• Must be able to work capably under pressure and react positively to operation and people-oriented situations.
• Work in a fast-paced, team-oriented environment.
• Must be able to work well with other personnel at various levels and be team-oriented.