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Position Summary...
What you'll do...
• Directs development of complex inventory strategies within categories by building forecasts to align with merchandising needs; validating and implementing new item forecasts; monitoring and calibrating store forecasts; and operating and manipulating office productivity software, statistical packages, inventory management systems, and ad hoc query tools.
• Validates the placement of orders within complex merchandise categories by calibrating parameters within the supply chain process to determine appropriate inventory levels; examining and authorizing co-managed supplier flow plans and inventory strategies; developing, coordinating, and completing demand plans with suppliers and other business partners; evaluating and completing new assortment/modular execution; monitoring orders to ensure proper store quantity distribution; identifying incorrect item set up; coordinating and developing solutions for non-routine situations; providing guidance to team members; and responding to escalated issues related to order placement and validation.
• Directs and develops forecast parameters and modifications for one or more category teams by approving strategies across multiple merchandise categories; overseeing implementation of division, department, category, and item strategies; developing inventory strategies assigned category teams; validating and implementing new item forecasts; monitoring and calibrating store forecast; and operating and manipulating standard office productivity software, statistical packages, inventory management systems, and ad hoc query tools.
• Collaborates with merchants to align strategic business objectives and initiatives to drive replenishment strategies by evaluating root cause and providing solutions to merchants for in-stock; developing inventory flow strategies while partnering with merchants to understand merchandise strategies and priorities; providing updates during category team meetings managing modular tracking; providing reports and tracking for merchants using multiple systems; creating and developing processes to ensure proper store quantity distribution and item set-up; and reviewing order issues at category ownership level.
• Achieves financial results for complex merchandise categories by analyzing data and using bottom-up inventory planning to develop recommendations; analyzing seasonal inventory flow plans to ensure they meet customer demand and return-on-investment goals; participating in and managing cross-functional projects to meet strategic financial plans; leveraging analytics to influence decisions; modeling future inventory plans based on supplier capability; delivering key performance metrics and communicating objectives and results of financial and operational performance to internal and external management.
Coordinates, completes, and oversees job-related activities and assignments by developing and maintaining relationships with key stakeholders; supporting plans and initiatives to meet customer and business needs; identifying and communicating goals and objectives; building accountability for and measuring progress in achieving results; identifying and addressing improvement opportunities; and demonstrating adaptability and promoting continuous learning.
Provides supervision and development opportunities for associates by hiring and training; mentoring; assigning duties; providing recognition; and ensuring diversity awareness.
Ensures compliance with company policies and procedures and supports company mission, values, and standards of ethics and integrity by implementing related action plans; utilizing and supporting the Open Door Policy; and providing direction and guidance on applying these in executing business processes and practices.
Manages and ensures operation and execution of returns processes by overseeing all financial transactions for returns; overseeing and approving supplier payback requests and dispute negotiations; establishing and managing partnership with third-party processors to ensure proper execution of returns; conducting quarterly business reviews with leadership; auditing third-party returns processors to ensure compliance with returns policies; consulting and collaborating with cross-functional stakeholders on supplier agreements and outdated/aged returns; overseeing the execution of special projects in pharmacy returns; and coordinating special item returns between stakeholders.
Provides expertise in returns to drive efficiencies by directing stakeholders on returns processing; guiding all levels of management on proper product disposition; ensuring state and federal regulations and compliance guidelines on pharmacy returns and disposition are being met; conducting item data and outdated returns analyses; presenting senior leadership with weekly forecast and budget, monthly store performance results, execution issues, and best practices.
Manages recalls and post-audit claims by ensuring recalls are set up and programmed correctly in the system; ensuring the accurate processing of recalls; analyzing actual product returned in relation to affected recall product; informing operators using data on store performance issues based on product recall analysis; reviewing and ensuring the validity of post-audit claims; approving post-audit claims for supplier deductions; and providing training and feedback to internal and external audit teams.
Manages the profit and loss for returns by creating, tracking, monitoring, and communicating trends, forecasts, and budget management; performing analysis, planning, and forecasting to determine overall impact; analyzing performance against plan to ensure budget expectations are met; making necessary adjustments to business initiatives; partnering with key stakeholders to review and ensure its accuracy; and presenting and communicating results to senior leadership.
Manages the processing and execution of debit memo files from vendors by verifying and ensuring the accuracy of received data; ensuring correct return processes are executed; determining whether a debit memo can be deducted; collaborating with stakeholders to resolve non-deductible claims; maintaining the communication system for debit memo corrections and deductions; ensuring debit memo files are deducted according to guidelines; and verifying changes have been applied when reviewing debit memo files.
#LI-KL4
Live our Values
Culture Champion
• Models the Walmart values to foster our culture; holds oneself and others accountable; and supports Walmart's commitment to communities, social justice, corporate social responsibility, and sustainability; maintains and promotes the highest standards of integrity, ethics and compliance.
Servant Leadership
• Acts as an altruistic servant leader and is consistently humble, self-aware, honest, and transparent.
Embrace Change
Curiosity & Courage
• Demonstrates curiosity and a growth mindset; fosters an environment that supports learning, innovation, and intelligent risk-taking; and exhibits resilience in the face of setbacks.
Digital Transformation & Change
• Seeks and implements continuous improvements and encourages the team to leverage new digital tools and ways of working.
Deliver for the Customer
Customer Focus
• Delivers expected business results while putting the customer first and consistently applying an omni-merchant mindset and the EDLP and EDLC business models to all plans.
Strategic Thinking
• Adopts a holistic perspective that considers data, analytics, customer insights, and different parts of the business when making plans and shaping the team's strategy.
Focus on our Associates
Diversity, Equity & Inclusion
• Identifies, attracts, and retains diverse and inclusive team members; builds a high-performing team; embraces diversity in all its forms; and actively supports diversity goal programs.
Collaboration & Influence
• Builds strong and trusting relationships with team members and business partners; works collaboratively and cross-functionally to achieve objectives; and communicates with energy and positivity to motivate, influence, and inspire commitment and action.
Talent Management
• Creates a discipline and focus around developing talent, promotes an environment allowing everyone to bring their best selves to work, empowers associates and partners to act in the best interest of the customer and company, and regularly recognizes others' contributions and accomplishments.
At Walmart, we offer competitive pay as well as performance-based bonus awards and other great benefits for a happier mind, body, and wallet. Health benefits include medical, vision and dental coverage. Financial benefits include 401(k), stock purchase and company-paid life insurance. Paid time off benefits include PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting. Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more.
You will also receive PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes. The amount you receive depends on your job classification and length of employment. It will meet or exceed the requirements of paid sick leave laws, where applicable.
For information about PTO, see https://one.walmart.com/notices .
Live Better U is a Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sam's Club facilities. Programs range from high school completion to bachelor's degrees, including English Language Learning and short-form certificates. Tuition, books, and fees are completely paid for by Walmart.
Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to a specific plan or program terms.
For information about benefits and eligibility, see One.Walmart .
The annual salary range for this position is $70,000.00-$130,000.00
Additional compensation includes annual or quarterly performance bonuses.
Additional compensation for certain positions may also include:
Minimum Qualifications...
Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.
Bachelor's degree in Business, Accounting, or related field and 1 year's experience in inventory management, accounting, or related area OR 3 years' experience in inventory management, accounting, or related area.
Preferred Qualifications...
Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.
Experience using Microsoft Database applications
Primary Location...
2608 Se J St, BENTONVILLE, AR 72712, United States of America
Walmart, Inc. is an Equal Opportunity Employer- By Choice. We believe we are best equipped to help our associates, customers, and the communities we serve live better when we really know them. That means understanding, respecting, and valuing diversity- unique styles, experiences, identities, abilities, ideas and opinions- while being inclusive of all people.