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Advance Auto Parts

Automotive aftermarket parts retailer

Senior Inventory Management Manager - Inventory Management

Inventory ManagementConfirmed live in the last 24 hours
Full-timeRaleigh, NC, USANo salary listed

About the Job

Requirements

  • A bachelor's degree in business management, logistics, finance, supply chain management, or another related field is required.
  • At least 7 years of related experience in inventory management or a related role within the retail industry is required.
  • At least 3 years of leadership experience is required.
  • Proficiency with the Microsoft Office suite, including Excel, PowerPoint, and Power BI, is required.
  • Extensive knowledge of inventory management systems and software such as Blue Yonder, Relex, Manhattan Associates, or SAP is required.
  • Strong analytical abilities, problem-solving skills, and leadership skills are required.
  • Strong business acumen and inventory management knowledge, including curiosity to investigate data and root causes, are required.
  • Ability to present to leadership and prepare well-structured presentation content is required.
  • Strong organizational and project management skills, including the ability to collaborate across departments, are required.
  • Ability to work collaboratively in a fast-paced environment is required.

Responsibilities

  • Drive business goals for depth in-stock, inventory turns, and sales performance through effective replenishment strategies.
  • Manage new planogram item purchases, seasonal buys, promotional events, and advanced replenishment strategies to optimize inventory levels.
  • Guide the analyst team on placing vendor purchase orders to distribution centers to maintain proper inventory levels in stores.
  • Own supplier relationships, collaborate on reliable inventory management and supply chain operations, and define strategic goals with key suppliers.
  • Guide the team’s vendor collaboration process to forecast order volume accurately in support of business initiatives and projects.
  • Monitor supplier performance and address on-time delivery, order quality, and fill-rate issues.
  • Develop long-range initiatives with top suppliers through the SBP and JBP processes.
  • Monitor inventory management key performance indicators, including depth in-stock, turn rate, fill rate, on-time performance, forecast accuracy, and purchase orders.
  • Prepare and present inventory-specific findings to support business decisions with business functions and vendor partners.
  • Review demand forecast accuracy and guide planners on methods to improve accuracy metrics.
  • Coach analysts in root-cause analysis and corrective actions, improve inventory efficiencies, and present findings to leadership and cross-functional teams.
  • Provide department-wide trends and lead knowledge-sharing sessions to identify root causes of global opportunities.
  • Lead the inventory planning budget process with the team and identify risks with solution-focused options.
  • Represent business teams in the monthly inventory budget process, ensuring timeliness, accuracy, and transparency; lead the meeting for the Director when needed.
  • Guide team members in the weekly inventory planning process to help meet company AOP targets.
  • Partner with Merchant leadership to improve vendor performance in on-time delivery, inventory optimization, and order-fill accuracy.
  • Share insights with cross-functional partners to facilitate discussions about inventory strategies, challenges, and opportunities.
  • Promote team empowerment by providing autonomy and ownership of work.
  • Lead talent development and communicate a team vision aligned with company strategy.
  • Motivate the team toward long-term goals through professional development and career-growth opportunities.
  • Take on stretch assignments and lead department- and company-wide initiatives that advance strategic goals and innovation.
  • Backfill coworkers’ or team members’ responsibilities as needed to maintain seamless workload handling and productivity.
  • Directly supervise 6–10 team members.

About the Company

Advance Auto Parts

Automotive aftermarket parts retailer

Advance Auto Parts supplies automotive aftermarket parts and accessories to both professional installers and DIY customers through thousands of stores in North America. Its product lineup includes replacement parts, maintenance items, and car accessories for cars, vans, and light trucks, sold in-store and online with staff guidance to help customers select the right parts. The company differs from many competitors through its extensive store network, broad product assortment, and ability to serve both professional businesses and individual customers with knowledgeable service and a nationwide distribution and retail model. Its goal is to be the preferred source for auto parts by offering a wide selection, convenient locations, and expert customer assistance.

Company size
10,001+
Company stage
IPO
Headquarters
Raleigh, NC
Founded
1932

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