Inventory Optimization Specialist

Veritiv • Norcross, GA

1d • Hybrid

About The Position

Our Inventory Optimization Specialist will be responsible for representing Supply Chain Planning in all regions/segments for the purpose of reducing, managing and eliminating Dead and Excess inventory. The person will also assess inventory performance against customer’s contract/agreement commitments. This role will be required to facilitate slow moving inventory for reduction of aged inventory and national transfers to strategically relocate aged inventory.

Requirements

• 3-5 years of related job experience.
• Ability to manage multiple projects, work under pressure, and adapt to sudden changes in the work environment.
• Ability to work in a team environment.
• Ability to work quickly and efficiently.
• Basic experience of simple office/operational systems.
• Excellent verbal, written, people, and diplomacy skills are required.
• Must be highly motivated, flexible and deadline driven.
• Proficient with Microsoft Office Suite.
• Strong customer service skills (friendly, courteous and helpful).
• Strong planning and organization skills are required.
• Strong problem-solving and attention to detail skills are required.

Nice To Haves

• BA/BS in Business, Finance, Logistics or Engineering preferred.
• Will lead through influence and may need to manage the sense of urgency and time utilization of key team members.
• Able to work effectively at all levels of an organization with the ability to influence others to move toward consensus.
• Strong situational analysis and decision-making abilities.
• A broad, enterprise-wide view of the business and varying degrees of appreciation for strategy, processes and capabilities, enabling technologies, and governance preferred.
• Experience working with ERP systems, contract management, CRM systems and project management tools preferred.
• Other duties as assigned.

Responsibilities

• Daily dead & excess inventory review using the monthly D&E report from Finance to determine and execute item actions – Broker, Discount, Dispose, Donate, Return, Sell Thru or Transfer as well as noting if items have sold or additional follow-up is needed
• Run monthly call with regional sales managers and operations to review top D&E (by $ value) for each manager.
• Update inventory parameters such as stocking flags to prevent the reorder of dead items.
• Process stock transfers – move D&E to locations where product is selling (if possible).
• Conduct CDI (customer dedicated inventory) performance reviews with Regional Sales teams and Corporate Accounts on a monthly basis.
• Review reporting showing potential D&E – codes with no activity last 3 months, last 4 months.
• Develop working relationships with operations, customer service, supply chain and other teams in order to streamline processes and procedures as it relates to reducing the influx of D&E inventory
• Review regular dead & excess national transfers taking into consideration location constraints, product handling and freight costs.
• Work with Sourcing team, Segment Managers, National Account Managers as needed.
• Daily inquiries/requests from field (ex: suspending/un-suspending codes, discounting questions, etc.
• Coordinate with Operations and Sales on product disposals.
• Work with sales to identify codes that will become D&E due to loss of accounts.
• Research customer, sales manager, and sales rep information when systematically unavailable.
• Assist customer service with billing process on disposal of dead customer specific inventory.
• Identify opportunities for continuous improvement and prioritize improvement ideas with the management team.

Benefits

• Engaging and inclusive culture with employee-led Employee Resource Groups, Veritiv Cultural Alliance, recognition platform, etc.
• Extensive training opportunities, professional development programs, career pathing, and mentorship opportunities.
• Collaborative atmosphere with our customers and suppliers to create healthier, safer and more sustainable communities through our responsible operations and innovative solutions.
• Healthcare benefits (including medical, dental, vision, and health savings account), life, AD&D, and disability insurance, 401k, paid time off, tuition reimbursement, employee assistance program, and other fringe benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level