US Foods Inventory Management Analyst - CHEF'STORE in Rosemont, Illinois
The CHEF’STORE Buyer determines procurement and inventory management strategies for CHEF’STOREs; analyzes and adjusts forecasts based on product movement, seasonality, market trends, and promotional activity; and is responsible for ensuring product availability by identifying and resolving potential stock issues. He/she coordinates activities throughout the entire replenishment lifecycle (forecasting, sourcing, procurement, inventory management, product liquidation/retirement, etc) and across multiple functional areas. He/she works closely with CHEF’STORE Merchandisers and Vendors to identify, negotiate, source, and forecast product. He/she works with CHEF’STORE Managers and Department Leads to manage inventory and address anticipated changes in local markets. He/she works closely with CHEF’STORE Finance and Accounts Payable to manage financial impacts of procurement and ensure cost and invoices are accurately tracked.
Analyze order forecasts and improve forecast accuracy by adjusting shelf life, order lead time, order minimum, shelf minimum, and safety stock parameters. Ensure forecasts adequately account for product movement, seasonality, market trends, and promotional activity. Work closely with merchandisers and store operations to manage aging inventory, slow moving product, and discontinued items.
Develop sourcing scenarios, negotiate costs with vendors, and assess financial impacts to determine best sourcing option in order to satisfy demand while minimizing spoilage, product costs and transportation fees. Identify opportunities to expand sourcing options based on vendor and category knowledge and collaborate with finance team as needed. Implement sourcing changes as needed.
Modify recommended orders and submit POs to vendors based on understanding of vendor requirements, demand forecast, and sourcing scenarios. Work with store and vendors to identify and resolve vendor inbound service issues (i.e. delays, shorts, quality).
Collaborate with process improvement team to develop, coordinate, and improve best practices across all of CHEF’STORE. Act as the point of contact for replenishment and purchasing related projects (i.e. DDR, Vendor/Assortment Changes, New Systems, and New Store). Identify opportunities to leverage existing USF Replenishment and Supply Chain systems, tools, and expertise. Develop and measure replenishment and inventory key performance indicators for CHEF’STORE.
EOE Race/Color/Religion/Sex/Sexual Orientation/Gender Identity/National Origin/Protected Veteran/Disability Status
Education/Training:Four-year college degree in business, statistics, mathematics, supply chain management or similar required. Prior experience in the food service and retail industry preferred. MBA or similar advanced degree preferred.
Related Experience:Two years purchasing experience required.
Minimum five years purchasing, logistics, transportation, or distribution experience strongly desired.Minimum two years demand planning and forecasting experience in perishable and/or COP categories preferred. Prior experience utilizing PRISM and E3/AWR/Manugistics or similar systems strongly desired.
- Exercises independent judgment and decision making in executing replenishment and inventory management activities
- Thoroughly understands the business to interpret how promotional activity, new product distribution and seasonality impact volume fluctuations
- Ability to foster vendor relationships while negotiating to achieve performance objectives
- Ability to interact positively with wide variety of employees at all skill levels
- Excellent customer service skills, with the ability to work through obstacles to achieve a goal
- Negotiation skills
- Possesses a high degree of professionalism, tact, and persistence
- Possesses superior analytical skills and communication skills
- Demonstrate effective problem-solving, sense of urgency, conflict management, and negotiation skills
- Proficiency required in the use of Microsoft Office especially Microsoft Excel, Word, and Outlook
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Individual will need to speak, hear, see, sit, or stand as needed. The incumbent will be required to perform computer keyboarding activities. The position requirements may also include occasional lifting items that weigh up to 50 pounds for products, files and computer printouts.Position may require some travel.
Primary Location: Rosemont-IL
Schedule: Full-time Shift: Day Job
Job Function: Buyer
Job Level: Individual Contributor
Travel: Yes, 10 % of the Time