job description

What This Position Is All About

The Manager, Inventory Shortage Control is responsible for inventory/item accuracy and shortage control. This position is responsible for location and divisional item integrity, which is critical to the success of reducing company shortage, optimizing sales and supporting operational processes. This will be accomplished through strong partnership with Merchant teams, Planning teams, Store teams, Distribution Centers, Store Operations, Accounts Payable, Retail Accounting and Vendor Relations. This candidate will possess strong communication skills, strong business and financial analysis skills, and be a team player with problem solving ability. This individual must be able to view the total business and actively get involved in the details and understand the impact of multiple different scenarios and its effects on inventory accuracy, company shortage and the total business.

Job Description

• Manage all inventory adjustments from stores, merchants and planning areas. This includes research and execution of all asset and consignment adjustments due to, but not limited too; on-line sales filled from stores, direct to store and DC receipts, RTV’s, transfers, damages, invalid SKN usage, improper sales transactions and merchandise to expense charges.
• Analyze all item change requests to ensure validity and accurately complete item adjustments in a timely manner to ensure item integrity.
• Monitor several reports to ensure proper financial booking of all receipts and inventory movements between stores, DCs and Saks.com. Research, problem solve and process adjustments when needed.
• Monitor and analyze SKU integrity of specific stores and DC locations, to maintain optimal accuracy of item integrity. Develop and implement strategies to correct store locations with high error rates.
• Participate in preparing locations for, capturing and reconciling an annual financial inventory. Direct responsibility to reconcile an assigned group of stores and divisions or groups. This includes the monitoring of several daily reports and researching inventory discrepancies for corrective actions and processing inventory adjustments. Act as a lead liaison to stores through the entire inventory process.
• Schedule, monitor and follow up on all stock/unit counts on an as-needed basis. Ensure an accurate reconciliation and completion of counts. Responsible for all correction or rescheduling counts if needed. Report all significant discrepancies to AVP Inventory Shortage Control.
• Provide training to locations on shortage and item accuracy procedures.
• Proactively analyze assigned store and DC shortages to identify potential problems and meet with AVP to strategize correction.
• Participate in, and support both corporate and store shortage strategies.
• Participate in various, as needed projects to reduce shortage exposures for the company.

Job Requirements

• University of College degree or commensurate retail experience.
• Strong business and financial analysis skills and attention to details.
• Advanced computer skills including Excel, Word and PowerPoint.
• Strong written and verbal communication skills.
• Strong team player with analytical and problem solving skills.
• Partnership and interactions skills with leadership abilities.

Your Life and Career at SFA:

• Strong team player with analytical and problem solving skills.
• Be a part of a team of disruptors focused on stores and redefining the luxury experience.
• Exposure to rewarding career advancement opportunities, from retail to supply chain, to digital or corporate.
• A culture that promotes a healthy, fulfilling work/life balance.
• Benefits package for all eligible full-time employees (including medical, vision and dental).
• An amazing employee discount.

The role can be performed anywhere in the United States except NYC and/or CA.

Thank you for your interest with SFA. We look forward to reviewing your application.

SFA provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, SFA complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

SFA welcomes all applicants for this position. Should you be individually selected to participate in an assessment or selection process, accommodations are available upon request in relation to the materials or processes to be used.

SFA is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.