Analyst, Excess and Obsolete Inventory

This is a fully remote position, open to applicants in Virginia.

📋 Description

• Assist in the monthly Excess and Obsolete process by leveraging reports and systems to pinpoint surplus inventory and tackle root causes.

• Take necessary actions or identify responsible parties to address excess inventory challenges.

• Document action plans and ensure follow-up until resolution is achieved.

• Analyze financial reserve lists to recover funds through IBT transfers, sales, or inventory returns.

• Oversee excess purchases through buybacks and forward buys, complete with action plans and timelines for sell-through.

• Investigate underlying causes of excess inventory and create processes to proactively mitigate risks.

• Support initiatives to move excess inventory via alternative-source providers, Amazon Marketplace, charitable organizations, auctions, and other avenues.

• Evaluate and process returns or escalate return opportunities to Supply Operations or Supplier Relations.

• Balance inventory through IBT transactions and identify opportunities to improve dynamic deployment.

• Ensure that IBT transactions are cost-effective and monitor the movement of inventory.

• Assist in relocating inventory when exit buyouts are at risk.

• Encourage cross-functional colleagues to take action regarding excess and obsolete inventory.

• Lead change-management initiatives, including engaging stakeholders, facilitating communication, and providing training to ensure the adoption of new processes and maintain results.

⛳️ Requirements

• A Bachelor’s Degree is required; a concentration in Supply Chain Management, Business Management, or a related technical field is preferred.

• A minimum of 5 years of experience in Supply Chain, encompassing supply chain planning, inventory management, operations, manufacturing planning, and/or forecasting.

• Experience with Lean principles and tools, such as Flow, Pull, Kanban, Kaizen, and Value Stream Mapping, is preferred.

• Alternatively, any combination of education and experience that meets the aforementioned requirements is acceptable.

• Demonstrated ability and eagerness to build relationships with internal functional partners.

• Experience in applying continuous improvement methodologies to optimize processes, reduce waste, and achieve measurable, sustainable enhancements in operational efficiency.

• Comprehensive experience in all facets of supply chain planning, management, and operations.

• Capability to process extensive data and present concise recommendations.

• Strong attention to detail and excellent follow-up abilities.

• Proficient in identifying root causes of issues and devising new processes for improvement.

• Ability to thrive in a dynamic, fast-paced team environment.

• Customer-focused with a strong service orientation.

• Excellent organizational and influencing capabilities.

• Exceptional written and verbal communication skills; comfortable engaging at various organizational levels and substantiating views with facts and analysis.

• Proficient in Excel, other MS Office applications, and data visualization tools such as Power BI.

• Strong results-driven mindset and work ethic; capable of working independently.

• Flexibility to manage multiple projects and adhere to all deadlines.

• Willingness to travel less than 10% of the time.

🏝️ Benefits

• Medical, dental, and vision plans begin on the first day of employment for full-time team members.

• Educational assistance available for eligible team members enrolled in an approved, accredited collegiate program.

• Employer-paid life insurance and disability coverage.

• Supplemental life, hospitalization, critical illness, and various other insurance programs.

• Adoption assistance.

• Fertility benefits.

• Parental leave.

• Health Savings Account (HSA).

• 401(k) plan.

• Sick days and short-term leave.

• Holidays, vacation days, and personal days.

• Teammate Assistance Program (TAP).

• Calm Health.

• Cancer Resources Services.

• Discount programs.