Inventory Planning Associate

At Globe, our goal is to create a wonderful world for our people, business, and nation. By uniting people of passion who believe they can make a difference, we are confident that we can achieve this goal.

Job Description Join Our Talent Community

Responsible for all sales activities and sales associate job duties, from greeting customers, answering questions, offering assistance, suggesting items, lending opinions and providing product information. Individual responsibilities as a Retail Sales Associate may include demonstrating outstanding customer service and selling skills, keeping the selling floor stocked with merchandise, assisting in display of merchandise or organizing the selling floor and stock areas.

1. Inventory Management and Accuracy:

• Maintaining Accurate Records: Keeping detailed and up-to-date records of all inventory items, including product codes, quantities, locations, and other relevant details, often using inventory management systems (IMS) or Enterprise Resource Planning (ERP) systems.

• Conducting Audits and Cycle Counts: Regularly performing physical counts of inventory and reconciling them with system records to identify and resolve discrepancies.

• Identifying and Resolving Discrepancies: Investigating and correcting any inconsistencies between physical inventory and system data, often determining the root cause of the issue.

• Monitoring Stock Levels: Continuously tracking inventory levels to ensure adequate stock is available and to prevent stockouts or overstock situations.

2. Planning and Forecasting:

• Analyzing Inventory Trends: Reviewing historical sales data, market trends, and other relevant factors to forecast future demand for products.

• Developing Inventory Plans: Creating strategies and plans to optimize inventory levels, considering factors like lead times, demand variability, and storage capacity.

• Determining Reorder Points: Calculating and setting appropriate reorder points to trigger new orders and maintain optimal stock.

• Collaborating on Replenishment: Working closely with procurement, purchasing, and sales teams to align supply with demand and ensure timely replenishment of stock.

3. Receiving, Organization, and Distribution:

• Receiving and Inspecting Shipments: Unloading, inspecting, and verifying incoming shipments against purchase orders to ensure accuracy and quality.

• Organizing Inventory: Arranging and storing inventory in designated areas in a systematic and efficient manner for easy access and retrieval.

• Preparing Shipments: Picking, packing, and preparing orders for outgoing shipments to customers or other departments.

• Managing Stock Rotation: Implementing strategies like First-In, First-Out (FIFO) to ensure older stock is used before newer stock, minimizing spoilage or obsolescence.

4. Reporting and Improvement:

• Generating Reports: Creating and maintaining various inventory reports (e.g., stock levels, turnover rates, discrepancies, slow-moving items) for management and other stakeholders.

• Identifying Slow-Moving/Obsolete Inventory: Highlighting items that are not selling well and collaborating with relevant teams to develop plans for their reduction or disposal.

• Implementing Process Improvements: Identifying areas for improvement in inventory control procedures and contributing to the development of more efficient and accurate processes.

5. Communication and Collaboration:

• Liaising with Suppliers/Vendors: Communicating with suppliers regarding product availability, pricing, and delivery schedules.

• Working with Cross-Functional Teams: Collaborating effectively with other departments such as sales, production, logistics, and customer service to ensure smooth operations and meet business goals.

Equal Opportunity Employer
Globe's hiring process promotes equal opportunity to applicants, Any form of discrimination is not tolerated throughout the entire employee lifecycle, including the hiring process such as in posting vacancies, selecting, and interviewing applicants.

Globe's Diversity, Equity and Inclusion Policy Commitment can be accessed here

Make Your Passion Part of Your Profession. Attracting the best and brightest Talents is pivotal to our success. If you are ready to share our purpose of Creating a Globe of Good, explore opportunities with us.

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