Inventory Specialist

Advance Stores Company•Raleigh, NC

13d•Hybrid

About The Position

The Inventory Specialist optimizes inventory levels at each node of the network and ensures products move to the right location at the right time and in the right volume. The role manages core business categories on each team and partners with the Inventory Analyst and Inventory Manager on more complex businesses or initiatives. This is a hybrid position based at Advance Auto Parts’ corporate headquarters in Raleigh, North Carolina, with four days in the office and one day remote.

Requirements

Minimum of 0–2 years of experience in planning and/or inventory management.
Bachelor’s degree in Business, Finance, Supply Chain, or a related field, or an equivalent combination of education and experience.
Proficiency with Excel and basic analytical skills.
Fundamental understanding of retail math and inventory management.
Familiarity with inventory management systems and software.

Nice To Haves

Experience with Blue Yonder, Relex, Manhattan Associates, or SAP.

Responsibilities

Place vendor purchase orders to Advance Auto Parts Distribution Centers to maintain adequate inventory for company-owned stores and independently operated stores.
Review weeks-of-supply and depth-in-stock KPIs to maintain appropriate inventory levels.
Track vendor purchase orders from order placement through delivery to ensure vendors ship on time and in full.
Investigate supplier issues and maintain acceptable supplier performance.
Monitor product flow throughout the supply chain to support a positive customer experience.
Participate in Lifecycle Management reviews and determine next steps for slow-moving products and obsolete inventory.
Monitor inventory-turn performance and identify opportunities to optimize inventory levels.
Troubleshoot and conduct root-cause analysis when stores or distribution centers are out of stock.
Manage vendor-facing relationships and ensure expectations are defined and achieved.
Partner with the Senior Inventory Planner on high-visibility categories or initiatives as needed.
Collaborate with the immediate team and cross-functional partners.
Review KPI and reporting results against targets, provide visibility to partners and leadership, and work with key partners to measure progress.
Gather data from well-defined sources to answer business questions.
With support from the Senior Inventory Planner, work with large amounts of data and create reports for the Senior Management team.
Conduct ad hoc analysis to understand business opportunities.
Communicate effectively with cross-functional teams and use verbal, written, and interpersonal skills to identify problems.
Proactively communicate and resolve product-flow issues from vendor to distribution center to store, including potential service disruptions.