Full job description
Summary:
In this role you will be responsible to perform and report a variety of analysis such as: inventory discrepancies, excess/obsolete inventory, freight costs, and unavailable inventory. Also, will be in charge of maintain costs updated according to latest purchases.
Essential Duties and Responsibilities: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Other duties may be assigned.
- Maintain information on all stocking items and vendor information including costs in our ERP system.
- New Part number set ups and maintenance needed.
Cost Updates
- Monitor timeliness of cost updates.
- Analyze and explain PPV variations at month end.
Cycle counts.
- Conduct/ Coordinate weekly cycle counts on all locations.
- Analyze and report results.
- Enter inventory adjustments within a maximum of 8 days after completing the Inventory.
- Recommend changes, upgrades, policies to correct the differences generated. Prepare communications to be sent to each store with a significant difference and the expected completion date.
Carrier and RCD Invoices
- Monitor and process Carrier and RCD invoices with difference in price or quantity.
- Monitor orders not received. 30 days past expected receive date.
- Prepare and monitor claims related to these suppliers.
- Update claim situation.
- Coordinate monthly meeting to review status of Carrier account.
Icron
- Monitor the aging of Icron Items.
- Policies and procedures for purchase and processing of Icron items
- Monthly or weekly review of Icron as needed.
- Move items to regular inventory once determined will not be sold.
- Provide weekly report on aging.
- Contact owners and obtain commitment to action plan.
- Coordinate the annual physical inventory.
- Develop location report including order and item code!
Inventory adjustments.
- Permanent review of account 4000.
- Investigate and process inventory adjustments.
- Root cause analysis of adjustments
- Soxa
- Weekly review and follow up to completion outstanding issues related to Operations such as negative inventory and zero cost items.
- Price variations
- Returns
Margin hold
- Review and approves margin hold for all segments.
- Activity to be done on a daily / Weekly basis.
- Contact order owner or manager for explanation of differences,
Freight In
- Keep log of all freight expenses by Vendor and POs placed by all vendors.
- Analyze freight log to calculate freight factor, per vendor, twice a year or as needed.
ESD
- Review and analyze ESD (excess, slow and damaged) inventory. Host and present results on a weekly meeting.
Unavailable Inventory
- Monthly review, follow up and investigation of unavailable inventory report in order to set month end reserve.
- Investigate and process Warranty expenses in Unavailable inventory.
- Monitor the collection and elimination of unavailable inventory from stores.
