Physical Inventory Lead (Formerly Physical Inventory Manager)
About The Position
The Physical Inventory Lead manages physical inventory processes at Lowe’s retail, RDC, BDC, FDC, XDT, and other Supply Chain locations. The role administers accurate physical inventory counts, ensures accurate business-document cutoffs, and conducts random counts and process audits. It uses Genesis systems in stores to manage the process and capture inventory data for transfer to corporate. The position directly manages a team of 15 to 25 Outside Inventory Services (OIS) employees during counting, coordinates third-party contractors, and ensures their counts are accurate and loaded into Lowe’s systems. The role also directs store leadership and associates during inventory activities and requires extensive travel, including flights.
Requirements
- High school diploma or GED, or equivalent years of experience in lieu of the education requirement, if applicable.
- Five years of extensive experience in operations management and all selling and inventory management systems.
Nice To Haves
- Bachelor’s degree in accounting or business, or equivalent work experience in a related field.
Responsibilities
- Prepare the physical breakdown of a store into geographic count sections.
- Manage the workflow and deliverables of 15 to 25 OIS employees while directing the activity of one ASM and a team of Lowe’s associates during counting.
- Maintain a customer-friendly inventory environment while managing the inventory process.
- Lead inventory team members and direct appropriate actions related to the inventory process.
- Manage counts and apply appropriate controls to achieve accurate counts and cutoffs.
- Explain, direct, and manage physical counts and count reconciliations performed by the store inventory team.
- Manage systems issues associated with the physical inventory process.
- Apply knowledge of store operations policies and procedures while performing the inventory process.
- Administer accurate physical inventory counting processes and ensure accurate business-document cutoffs.
- Perform random physical inventory counts and audits of inventory processes.
- Use Genesis systems to manage the process and capture inventory data for transfer to corporate.
- Coordinate third-party inventory counting and ensure counts are accurate and loaded into Lowe’s systems.
Benefits
- Health, dental, and vision insurance
- Life and disability insurance
- Paid time off, including vacation, holidays, sick time, and volunteer time, based on role, tenure, and locality
- Flexible spending and health savings accounts
- 401(k) retirement account with company match
- Employee Assistance Program, including concierge and work/life services and no-cost counseling
- Education support programs, including tuition assistance and trade skills scholarships
- Business Travel Accident insurance
- Maternity and parental leave
- Adoption assistance
- Lowe’s Associate Discount and broad discount platform
- Potential annual bonuses, based on eligibility
- Potential enrollment in Lowe’s Employee Stock Purchase Plan and/or deferred compensation plan, based on eligibility
- Potential grant awards, based on eligibility
- Learning and development opportunities
- Wellness programs
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Education Level
High school or GED
