Inventory Specialist

ACME ELECTRIC MOTOR INC•Grand Forks, ND

13d•Onsite

About The Position

Acme Tools is currently looking for a naturally curious problem solver with a passion for data accuracy to join our growing, innovative Purchasing team as an Inventory Specialist. You might be perfect for this role if you love to stay on top of product inventory levels and have a keen eye for detail. You also have a proven ability to develop and implement impactful solutions based on research and manufacturer information and can communicate those effectively with your fellow Purchasing comrades. You are constantly learning, a team-player, have a deep understanding of the internet, and never balk at taking on new challenges! About Acme Tools: Acme Tools was founded as Acme Electric Motor in 1948 and continues to be a family-owned operation with thirteen locations and over 700 Acme team members across North Dakota, Minnesota, and Iowa. In 1999, Tool Crib of the North, Acme’s catalog, and internet division, was acquired by Amazon.com. After rebranding as Acme Tools, we are now one of the premier retailers of tools and equipment online within the United States.

Requirements

A Bachelor’s degree in a business field or at least 2+ years of related experience
Microsoft Excel and word processing software proficiency
Strong written and verbal communication, organization, and presentation skills with the ability to write reports and business correspondence
Knowledge of calculating figures and amounts such as profit margins, discounts, percentages, and inventory levels
A natural curiosity for how things works and the ability to adapt to ever-changing internet world
Ability to work autonomously and part of a team environment, and to keep a high degree of confidentiality of all department and company information

Nice To Haves

Prior experience with inventory control practices and web analytics
Point of sale system experience working in a retail environment
Bonus points for tool and equipment industry knowledge

Responsibilities

Collecting and analyzing data sales trends and forecasting purposes
Analyze information and develop recommendations to drive sales opportunities, improve margins and increase inventory turns
Making recommendations for category inventory levels to achieve optimal profitability, ensure maximum turn and in-stock position
Work closely with vendor plant personal to facilitate a timely and accurate order-fulfillment process
Maintain effective working relationships with suppliers
Focus and tracking daily sales
Leveraging analytical skills to identify shortage opportunities, uncovering root causes, proposing solutions and driving change
Demonstrating ability to complete complex projects simultaneously meeting objectives, timeliness, and achieving positive financial results
Maximize sales, profits and inventory flow
Generate orders to replenish stores/DCs
Track purchase orders to assure product arrives on time and receiving the correct quantities
React to purchase orders that are more than seven days past due and those with backorders
Provide stores with the correct amount of inventory to cover sales during promotion
Follow up orders to maintain proper inventory levels after promo

Benefits

Work-Life Balance
Professional Development Training
Competitive Pay & Annual Performance-Based Increase Opportunities
Generous PTO plan that starts accruing on day 1!
Paid Holidays – we are closed the 6 major holidays of the year
Maternity Leave (partially paid through company paid short-term disability!)
Work environment where everyone strives to do their best work and can see their impact on the company
Community Involvement Opportunities
Generous Employee Discounts
Various Medical, Dental, & Vision Insurance Plans To Fit Any Lifestyle & Family
Supplemental Health Insurance Add-On Programs
Medical & Dependent Care Flexible Spending Accounts
100% Company Paid Short- & Long-Term Disability Insurance
401(k) Program & Company Matching
100% Company Paid Life Insurance