Inventory Control & Purchasing Specialist
McFarlanes'Inventory Control & Purchasing Specialist - Retail Reports to: Retail Director Dept: Retail Store FLSA: Non-Exempt Full-Time JOB SUMMARY: The Inventory Control & Purchasing Specialist - Retail, works with store management to control margins and inventory, completes orders, and establishes vendor/supplier relationships related to products sold in the True Value Retail Store. DUTIES & RESPONSIBILITIES: Maintain acceptable inventory levels, keep accurate records, analyze data and utilize best judgement to maintain acceptable margins, and report weekly inventory and margin status to management. Specifically, • Establish and maintain a database of third-party vendors. • Assist with creation of advertising materials and content. • Evaluate vendors to consider price, quality, availability, • Direct maintenance of inventory levels. reliability and support, credit or returns. • Complete all paperwork related to incoming freight, Negotiate with vendors for best price and terms. including packing slips and purchase orders. • Establish and maintain a system for ordering from third- • Develop a plan to lead inventory count process for the party vendors. completion of physical inventory in a timely manner. • Control third-party vendor orders from staff, including • Collect, analyze and summarize inventory data to present creation of purchase orders, maintenance of proper to management/owners. inventory levels and appropriate margin. • Forecast inventory needs for changing seasonal cycles. • Run all needed weekly retail selected orders (RSOs) and • Adhere to all company policies, procedures and practices. submit purchase orders to appropriate vendors. • Days and hours of work vary; evening and weekend work Responsible for all functions of SKU maintenance, will be required as schedule demands, including one including creation of proper SKUs for new merchandise, closing per week and every other weekend on duty. deletion of obsolete SKUs from system, assurance of Occasional hours over 40 per week may be required. sales history through RCINs and updating all system price • Work to foster and maintain positive working changes. relationships with local contractors, municipalities and Select seasonal sales and promotions offered through other businesses to expand sales and develop business. True Value and other vendors for maximum product • Performs all other duties as assigned. margin and inventory turn. • Regular attendance is an essential function of this Maintain awareness of product information, merchandise position. promotions and advertisements. EDUCATION & EXPERIENCE and SKILLS & QUALIFICATIONS: 1. High school diploma or equivalent. 8. Ability to meet deadlines to accomplish assigned duties 2. Minimum of 3 years of previous retail store purchasing and responsibilities. experience. 9. Ability to stay organized with attention to detail while 3. Prior experience in all functions of Eagle Browser, working efficiently. preferred. 10. Ability to travel to vendor shows, as needed 4. Proven ability to keep accurate records, maintain relevant 11. Ability to work as part of a team and maintain positive data, present information to division management. working relationships. 5. Possess excellent written, verbal and interpersonal 12. Ability to conduct oneself in an ethical manner, with communication skills. integrity to be honest; to be accountable and take 6. Strong analytical skills. responsibility for scheduled work times; and to be 7. Proficient computer skills including Microsoft Excel, dedicated to the job with a strong work ethic and positive Outlook and Word. attitude. PHYSICAL DEMANDS: While performing the duties of this job, the employee is regularly required to talk and hear. This position is very active and requires standing, walking, bending, kneeling, stooping, crouching, crawling, and climbing. The employee must frequently lift and/or move items over 50 poun…