Second Level
Replenishment:
- Generates True Value replenishment orders for all categories.
- Maintains PO accuracy, keeping expected delivery dates, costs and order quantities current until PO finalization.
- Tracks PO’s to receipt and communicates status to cross-functional partners as needed.
- Coordinates and communicates with True Value the Wilco inventory projections to secure promotional and seasonal needs.
- Monitors in-stock and communicates status updates for high-risk or chronic out of stock situations.
- Utilizes vendor knowledge, performance trend, seasonality and historical sales data to confirm the appropriateness of calculated SKU order points and to evaluate suggested order quantities.
- Coordinates changes to department order point calculation rules with the Sr. Inventory Planner.
- Audits order point effectiveness, forecast accuracy and in-stock for new SKUs, new stores and trending items.
- Executes orders for resets and new stores, tracks deliveries and escalates in-stock risks.
- Responsible for promotional item in-stock of True Value sourced items: documents & addresses inventory risks prior to final proof and executes timely order placement & tracking to ensure product is in stores a minimum 2 weeks prior to the promotion.
- Executes Reunion and other True Value promotional buys with coordination of the appropriate Product Merchant to maximize sales, margin, promotional, and rebate opportunities.
- Coordinates all True Value seasonal and/or promotional inventory that will go through the DC.
Inventory Productivity/Control:
- Tracks incoming True Value seasonal inventory value and sales performance to planned and projected inventory levels.
- Ensures planned purchases are appropriate to achieve sales plan and align with ending inventory targets.
- Tracks excess True Value inventory and collaborates with the category team to deploy inventory reduction tactics as needed.
- Provides actionable recommendations for exiting discontinued or ‘non-go forward’ inventory.
- Monitors KPIs and communicates status to the team – excess inventory, in-stock, turn and open to buy metrics.
- Investigates and responds to store inventory concerns and feedback via email.
- Monitors store shelf overstock, assesses True Value order multiples and partners with the Merchandise Analyst to utilize POG data to set max capacity replenishment constraints on high overstock risk items.
- Monitors stocking levels on high consumable & “project” items, ensuring changes are properly recorded according to the ‘Job Lot Inventory Management’ process and tracking over time for effectiveness.
- Tracks daily in-stock levels for assigned categories and takes immediate action to mitigate lost sales, ordering out of cycle or from a different RDC where necessary to maintain service level expectations and achieve in-stock goals.
- Communicates chronic OOS issues and coordinates alternate vendor ordering per documented ‘Vendor Protocol’ (including alignment with PM, IP & coordination with the MA to ensure file maintenance reflects exceptions).
File/POG Maintenance:
- Completes all file maintenance functions for True Value items and programs.
- Executes the New Item Set Up Process for True Value items, ensuring all new items are set up completely and accurately.
- Manages & completes projects to update system settings, values or parameters amongst existing True Value items.
- Audits fulfillment flag settings and other data points for accuracy in the system.
- Updates and maintains user codes as directed to assist in exception-based fulfillment ordering in new markets.
- Coordinates the conversion of True Value supplied POG’s to Wilco’s POG platform.
- Drives assortment accuracy by ensuring all items expected to be in each store are in a POG assigned to the store.
- Drives POG integrity by keeping sets updated based on defined process parameters and trigger events.
- Removes discontinued items from POGs upon status change and adds new item replacements to POGs.
- Analyzes the balance of space amongst each item in a POG and appropriately redistributes space when needed.
- Monitors unavailable and out of season SKUs in active POGs and communicates with team to reset or review.
Special Orders:
- Reviews the special-order report daily, converts estimates to orders, confirms availability with True Value, communicates status to stores when necessary.
- Monitors, measures and executes the special-order report and processes to ensure timely replenishment.
Other True Value Specific responsibilities:
- Be the primary Wilco contact for all True Value product, program, and system questions.
- Track and communicate regular updates on Wilco’s progress toward all rebate levels and communicate to Wilco Merchandise and Inventory Management as requested.
- Actively utilize Wilco reporting tools to identify significant products and/or programs not currently bought from True Value and work with TV/Wilco PM’s to get these items/programs switched as a way to grow our partnership and achieve vendor consolidation goals.
Other Responsibilities Include But Are Not Limited To The Following:
- Participates in weekly meetings and attends store walks as needed.
- Generate & publish reporting & analysis to inform the business, per direction from management.
- Complete special assigned projects and assist in training new team members.
And other duties, responsibilities and/or tasks as assigned.
