Director, Inventory Management - Hard Home
Sears 11,609 reviews - Hoffman Estates, IL

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The Director of Inventory Management provides leadership and direction to the planning and placement staff on the preparation of merchandise plans and placement plans that align with the merchandise strategy. The position oversees line level planning and store/distribution center placement to ensure performance to plan. The Director is responsible for developing and executing a profitable, customer focused planning and placement strategy, while enhancing the overall department, group and company strategy. The Director is accountable for the development of a high performance, customer centric team. The position partners directly with the Vice President/General Merchandise Manager to ensure that in-stock, inventory productivity and assortment productivity business goals are achieved.

Given the complexity of the role, a minimum of 18 months tenure is required.

  • Oversees all planning and placement processes used to achieve key metrics on the balanced scorecard
  • Acts as the business administrator for the overall merchandise planning process
  • Partners with the Business Finance Manager on the resulting financial plan
  • Advises Vice President/General Merchandise Manager on opportunities for improving inventory asset utilization to drive sales and margin
  • Represents planning and placement during executive level strategy and merchandise review sessions (profit pattern, merchandise/category strategy, etc.)
  • Supports business strategy by overseeing the overall financial plan
  • Reviews and analyzes business and line performance based on information prepared by Planning Managers/Planners and Placement Managers
  • Incorporates modeling, situation analysis, problem diagnosis, and operations analysis to support business decision making with financial analysis
  • Participates in weekly and monthly in season business management meetings, presenting analysis, calling out issues and action items
  • Monitors and participates in the monthly and seasonal post event review process
  • Monitors inventory performance and directs appropriate mid-course corrections to achieve forecasts
  • Monitors the selection of appropriate allocation and replenishment strategies (weeks of coverage, review method, etc.)
  • Monitors and troubleshoots inventory levels at distribution center and store level
  • Manages promotional readiness process
  • Maintains productive and supportive working relationships with stores, districts, regions and vendors
  • Represents business priorities with support organizations (Logistics, Finance, Merchandising)
  • Takes ownership for providing data integrity within areas of control
  • Develops associates through coaching, mentoring, performance management, talent management and succession planning
  • Identifies associate training and development needs
  • Participates in associate selection, interviews and placement
  • Bachelor's degree required. Focus on Supply Chain, Engineering, Finance or a
related field. Masters degree preferred.

Skills/Experience Required:
  • 7+ years related experience at the Director level, with a mix of store, buying, planning & placement responsibilities
  • Strong analytical & financial skills
  • Knowledge of financial, economic, accounting theory & statistical modeling techniques
  • Detail oriented with strong managerial, planning, organization and project management skills
  • Ability to manage multiple projects & prioritize
  • Ability to mediate differences of opinion and facilitate resolution when conflicts arise
  • Ability to facilitate group discussion for maximum idea generation and problem solving
  • Ability to participate actively in cross-functional initiatives and projects
  • Excellent communication skills
  • Excellent interpersonal and relationship building skills
  • Ability to develop strong partnerships
  • Demonstrated knowledge of industry practices and current trends
  • Understands competitor strengths and weaknesses
  • Solid understanding of merchandising, store operations, supply chain and marketing principles and their integration with the planning and placement activities
  • Demonstrated ability to lead and develop associates
  • Ability to develop best practices in performance management
  • Ability to provide career coaching to team members
  • Strong working knowledge of inventory, financial, merchandising and operating

About this company
11,609 reviews
Sears, Roebuck and Co. hasn't outgrown the mall scene, but it's spending more time in other places. Beyond its 840 US mall-based stores,...