What are the responsibilities and job description for the Inventory / Office Manager position at The Lifestyle Lab?
Overview
We are seeking a detail-oriented and proactive Inventory Manager to oversee our inventory management processes. The ideal candidate will have a strong background in retail management and supply chain management, with the ability to analyze data and make informed decisions that optimize inventory levels. This role is essential for maintaining efficient operations and ensuring that our products are available to meet customer demand.
Responsibilities
- Develop and implement inventory management strategies to optimize stock levels and reduce excess inventory.
- Monitor inventory levels across multiple categories, ensuring accuracy and timely replenishment.
- Utilize warehouse management systems to track inventory movements and maintain accurate records.
- Conduct regular audits of inventory to identify discrepancies and implement corrective actions.
- Collaborate with logistics teams to coordinate the transportation of goods and manage supply chain operations.
- Negotiate with suppliers to secure favorable terms and pricing for inventory purchases.
- Analyze sales data using tools to forecast demand and inform purchasing decisions.
- Prepare financial models to assess the impact of inventory decisions on overall business performance.
- Pricing in Shopify and on Point of Sale to be regularly updated.
Requirements
- Proven experience in retail management or category management is preferred.
- Strong understanding of supply chain management principles and logistics operations.
- Proficiency in data mining techniques for analyzing inventory trends and performance metrics.
- Experience with warehouse management systems is highly desirable.
- Excellent negotiation skills with the ability to build strong relationships with suppliers.
- Familiarity with financial modeling concepts related to inventory investment and turnover rates.
- Strong analytical skills, attention to detail, and problem-solving abilities.
- Ability to work collaboratively in a fast-paced environment while managing multiple priorities.
Job Type: Full-time
Pay: $68,930.00 - $75,648.00 per year
Benefits:
- Employee discount
- Paid time off
Schedule:
- 8 hour shift
- Monday to Friday
Ability to Commute:
- Phoenix, AZ 85018 (Required)
Ability to Relocate:
- Phoenix, AZ 85018: Relocate before starting work (Required)
Work Location: In person
Salary : $68,930 - $75,648