Inventory Optimization Manager

4 days ago


Buena Park, California, United States 99 Ranch Market Full time

99 Ranch Market is seeking a highly skilled Inventory Optimization Manager - Supply Chain Expert to join our team.

We offer a competitive salary range of $85,000-$120,000 per year, based on experience and qualifications.

About the Role

The Inventory Optimization Manager - Supply Chain Expert will be responsible for executing daily inventory management and replenishment activities to ensure product availability and optimize stock levels. This role works closely with suppliers, Distribution Centers (DCs), stores, buyers, and marketing teams to ensure smooth operations from order creation to delivery.

This position requires a strong analytical mindset and excellent communication skills to work effectively with internal teams and external suppliers.

Key Responsibilities
  • Formulate Inventory Purchasing Plans: Develop inventory purchasing plans based on monthly sales forecasts and business plans, ensuring alignment and mutual reinforcement between purchasing plans and business objectives.
  • Sales and Forecast Review: Continuously monitor product sales to improve forecast accuracy in the system. Intervene in system forecasts based on the purchasing plan to synchronize stock levels with business requirements.
  • Inventory Strategies for Promotions and Holidays: Develop effective inventory strategies for major promotional periods and holidays to ensure smooth inventory flow and product availability.
  • Data Analysis and Stock Optimization: Analyze inventory and sales data to identify the root causes of stock shortages and overstock. Develop corrective action plans and optimize inventory management to improve business outcomes.
  • Cross-Functional Collaboration: Work closely with multiple teams to ensure smooth operations from order creation to delivery.
Requirements
  • Bachelor's degree or above in Supply Chain Management, Business Administration, or related fields.
  • 5+ years of experience in inventory management, purchasing, or replenishment within a retail or supply chain environment.
  • Proven track record of demand forecasting and inventory optimization.
  • Strong analytical skills with proficiency in inventory management, forecasting systems, and data analysis tools (e.g., Excel, SAP).
  • Excellent communication and collaboration skills to work effectively with internal teams and external suppliers.
What We Offer
  • A competitive salary range of $85,000-$120,000 per year, based on experience and qualifications.
  • Medical, Dental, Vision, and Life Insurance.
  • 401(k) Retirement Saving Plan with 4% Company Match.
  • Long-Term Services Award.
  • Employee Discount.
  • Paid Time Off.


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