Inventory Replenishment Specialist
Rural KingOverview
About Us
Rural King is America's Farm and Home Store, dedicated to providing essential products for the communities we serve. With a diverse range of offerings from food and feed to home and farm supplies, we operate over 130 locations across 14 states and are continuously expanding. Our annual sales surpass $2.5 Billion, and our corporate base, distribution center, and flagship store a
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re all located in Mattoon, IL.
We pride ourselves on delivering a unique shopping experience, highlighted by complimentary popcorn and coffee, which reflects our appreciation for our customers' loyalty.
At Rural King, we prioritize our associates, cultivating a positive and rewarding workplace. We provide ample growth opportunities, competitive benefits, and a people-first environment where dedicated individuals unite to passionately serve rural communities. With us, you'll not only find a job but also the chance to grow professionally, make meaningful contributions, and positively impact the lives of those we serve.
How We Reward You
• 401(k) plan with a 100% match on the first 3% of contributions and a 50% match on the next 2%
• Comprehensive healthcare plans
• Virtual doctor visits
• Access to specialized programs at Barnes Jewish Hospital and Mayo Clinic's Complex Care Program
• 15% Associate Discount
• Dave Ramsey's SmartDollar Program
• Associate Assistance Program
• RK Cares Associate Hardship Program
• 24/7 Chaplaincy Services
• Company-paid YMCA Family Membership
Responsibilities
What You'll Do
As an Inventory Replenishment Specialist, you will play a vital role in optimizing inventory levels and ensuring product availability across our retail channels. This position focuses on analyzing sales data, forecasting demand, and implementing replenishment strategies to meet customer needs while minimizing costs. This is a fantastic opportunity to develop expertise in inventory management, data analysis, and supply chain operations within a dynamic retail setting.
• Monitor and analyze sales trends, inventory levels, and customer demand to assist in accurate demand forecasting.
• Develop and implement replenishment strategies aimed at optimizing inventory levels, minimizing stockouts, and maximizing sales.
• Collaborate with cross-functional teams, including merchandising, procurement, and supply chain, to ensure timely replenishment and proper stock levels.
• Review and adjust inventory parameters, such as reorder points, lead times, and safety stock levels, based on demand forecasts and historical data.
• Participate in regular inventory audits to identify discrepancies, analyze root causes, and support corrective actions to improve accuracy and reduce shrinkage.
• Maintain communication with vendors and suppliers, monitor their performance, and assist in resolving product availability or quality issues.
• Generate reports and provide insights on key performance metrics like sales, inventory turnover, and forecast accuracy.
• Evaluate and improve replenishment processes and systems to enhance efficiency and reduce costs.
• Stay informed on industry trends, market conditions, and emerging technologies to identify opportunities for improvement and innovation.
• Assist in training and knowledge sharing with junior team members, promoting a culture of continuous learning within the team.
• Use discretion and independent judgment in daily tasks while maintaining professionalism and confidentiality.
• Engage in learning initiatives such as training programs, workshops, and webinars to acquire new knowledge and refine skills.
• Provide friendly and professional internal and external support to others, assisting with inquiries and concerns promptly and effectively.
• Exemplify Rural King's Values: People First, Integrity, Attitude, Initiative, Teamwork, Accountability, and Continuous Improvement.
• Perform additional duties as assigned.
Supervisory Responsibilities
None
Qualifications
Essential Qualities for Success
• Minimum 2 years o