Inventory Specialist $23.00/hrly

Acme Tools; Grand Forks (ND); On-site; USD 40,000 - 70,000; Full time

Job summary

An innovative company is seeking a detail-oriented Inventory Specialist who thrives in data accuracy and problem-solving. This role involves analyzing sales trends, managing inventory levels, and collaborating with suppliers to optimize profitability. You will enjoy a supportive work environment with a focus on professional development, work-life balance, and community involvement. If you are passionate about data and eager to take ownership of your work, this opportunity offers a chance to make a significant impact in a dynamic team. Join us and help shape the future of inventory management!

Benefits

Work-Life Balance

Professional Development Training

Competitive Pay

Generous PTO

Paid Holidays

Maternity Leave

Community Involvement Opportunities

Employee Discounts

Medical, Dental, & Vision Insurance

401(k) Program & Company Matching

Qualifications

• Bachelor's degree or 2+ years of related experience is required.
• Proficiency in Microsoft Excel and strong analytical skills are essential.

Responsibilities

• Analyze sales data and develop recommendations to drive sales opportunities.
• Maintain effective relationships with suppliers and track inventory levels.
• Generate orders to replenish inventory and ensure timely fulfillment.

Skills

Analytical Skills

Communication Skills

Organization Skills

Problem Solving

Data Analysis

Education

Bachelor's degree in business

2+ years of related experience

Tools

Microsoft Excel

Word Processing Software

Job description

Title: Inventory Specialist

Who We’re Looking For

Acme Tools is currently looking for a naturally curious problem solver with a passion for data accuracy to join our growing, innovative Purchasing team as an Inventory Specialist. You might be perfect for this role if you love to stay on top of product inventory levels and have a keen eye for detail. You also have a proven ability to develop and implement impactful solutions based on research and manufacturer information and can communicate those effectively with your fellow Purchasing comrades. You are constantly learning, a team-player, have a deep understanding of the internet, and never balk at taking on new challenges!

About Acme Tools

Acme Tools was founded as Acme Electric Motor in 1948 and continues to be a family-owned operation with thirteen locations and over 600 Acme team members across North Dakota, Minnesota, and Iowa. In 1999, Tool Crib of the North, Acme’s catalog, and internet division, was acquired by Amazon.com. After rebranding as Acme Tools, we are now one of the premier retailers of tools and equipment online within the United States.

You’ll Enjoy Our

• Work-Life Balance
• Professional Development Training
• Competitive Pay & Annual Performance-Based Increase Opportunities
• Generous PTO plan that starts accruing on day 1!
• Paid Holidays – we are closed the 6 major holidays of the year
• Maternity Leave (partially paid through company paid short-term disability!)
• Work environment where everyone strives to do their best work and can see their impact on the company
• Community Involvement Opportunities
• Generous Employee Discounts

We Also Provide

• Various Medical, Dental, & Vision Insurance Plans To Fit Any Lifestyle & Family
• Supplemental Health Insurance Add-On Programs
• Medical & Dependent Care Flexible Spending Accounts
• 100% Company Paid Short- & Long-Term Disability Insurance
• 401(k) Program & Company Matching
• 100% Company Paid Life Insurance

What You’ll Take Ownership Of

• Collecting and analyzing data sales trends and forecasting purposes
• Analyze information and develop recommendations to drive sales opportunities, improve margins and increase inventory turns
• Making recommendations for category inventory levels to achieve optimal profitability, ensure maximum turn and in-stock position
• Work closely with vendor plant personal to facilitate a timely and accurate order-fulfillment process
• Maintain effective working relationships with suppliers
• Focus and tracking daily sales
• Leveraging analytical skills to identify shortage opportunities, uncovering root causes, proposing solutions and driving change
• Demonstrating ability to complete complex projects simultaneously meeting objectives, timeliness, and achieving positive financial results
• Maximize sales, profits and inventory flow
• Generate orders to replenish stores/DCs
• Track purchase orders to assure product arrives on time and receiving the correct quantities
• React to purchase orders that are more than seven days past due and those with backorders
• Provide stores with the correct amount of inventory to cover sales during promotion
• Follow up orders to maintain proper inventory levels after promo

Need-To-Haves

• A Bachelor’s degree in a business field or at least 2+ years of related experience
• Microsoft Excel and word processing software proficiency
• Strong written and verbal communication, organization, and presentation skills with the ability to write reports and business correspondence
• Knowledge of calculating figures and amounts such as profit margins, discounts, percentages, and inventory levels
• A natural curiosity for how things work and the ability to adapt to the ever-changing internet world
• Ability to work autonomously and as part of a team environment, and to keep a high degree of confidentiality of all department and company information

Love-To-Haves

• Prior experience with inventory control practices and web analytics
• Point of sale system experience working in a retail environment
• Bonus points for tool and equipment industry knowledge
• Employment offers are contingent on drug-screen and background check. Relocation to Grand Forks, ND required.

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