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Excess Inventory Analyst in Mechanicsville, VA at Owens & Minor, Inc.

Date Posted: 4/12/2019

Job Snapshot

Job Description

POSITION SUMMARY

 

Manage, analyze, and find reduction opportunities for excess inventory for a group of Distribution Centers (DC).  Implements and executes plans for inventory reduction including working on special projects to support the proactive management of potential excess situations.  Collaborates with purchasing analysts and suppliers to determine the most appropriate action for excess.  Works with the sales teammates, general managers and customer service to proactively ensure customers purchase product brought in specifically for an account in a timely manner.  Partners with suppliers to execute vendor returns.  Has a basic understanding and uses the JDA replenishment planning system.  Uses the Decision Support System (DSS) or Excess Database to build and run reports for determining and providing relevant information for excess inventory.  Responsible for executing all excess Vendor Returns and Internal Branch Transfer (IBT) activity for reallocating excess to other DC's.  This positions reports to the Inventory Optimization Manager.  



ESSENTIAL JOB FUNCTIONS: 

1.       Prioritizes excess item actions across DC's, vendors, cost, and space.  Reviews, analyzes and assigns all excess items for designated region into actionable categories within the Excess database in order to determine root cause of overages in all Regional DCs.  Ensures documentation on all actions taken and status of results. 

2.       Determines appropriate action needed to resolve all excess inventory position and requests vendor authorizations for returns based on vendor guidelines and/or keys IBT orders to fill internal inventory needs taking into consideration cost effectiveness of logistics process. 

3.       Executes all vendor returns for excess in ADM system and coordinates all activities with DC IC teams to ensure successful completion of all requests.

4.       Maintains all vendor return policy information within Supplier Maintenance File ensuring accuracy of all new vendor adds as well as changes.

5.       Partners with Customer Service, Sales and Purchasing field teams on issues related to slow selling or no longer selling products and follow ups regularly on account actions to mitigate impact of future write-offs. 

6.       Regularly reviews system designations such as K flags, Fixed Safety stock, Min and Incs, Customer Designated Orders that could lead to increases in excess and works with Purchasing teams on any necessary changes. 

7.       Continuously looks for opportunities to improve processes that lead to increases in excess, collaborates with cross-functional teams to develop planning solutions to close process gaps. 

8.       Manages special excess and inventory optimization projects, i.e.  Developing of excess reporting, tracking of large corporate level vendor returns, reassignment of reprocessed items, special buy redistributions, assisting with large new and lost business activities, vendor allocated product situations, etc.

9.       Regularly communicates excess inventory performance by DC vs EOY Targets highlighting all key issues and actions taken to Regional Purchasing Teams and DC General Managers.

10.   Builds and runs project specific DSS, JDA excess inventory reports as needed.

11.   Maintains a good understanding of JDA forecasting and replenishment functions in order to determine accurate excess inventory status.

SUPPLEMENTAL JOB FUNCTIONS:  

1.       Performs additional duties as directed.



Qualifications

EDUCATION & EXPERIENCE REQUIRED:  

  • Four year university degree required
  • Five to seven years of relevant experience required
  • Or and equivalent combination of education and experience

KNOWLEDGE SKILLS & ABILITIES:

  • Good interpersonal skills
  • Strong verbal and written communication skills
  • Solid planning and organizational skills
  • Ability to work independently and as part of a team
  • Ability to independently seek issue resolution
  • Strong follow-up skills
  • PC/Systems skills & knowledge:  MS Word & Excel & Access
  • Customer service oriented


ADDITIONAL REQUIREMENTS:

  • No additional requirements

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