Job Description

The primary responsibility for all positions with Prescott Valley Ace Hardware is to Amaze Every Customer Every Time and uphold the Core Values as

determined by the management team. The Inventory manager’s role also requires

they foster a commitment to generate an in-stock position to satisfy every

customer by having the right product, in the right quantity, at the right time.

The Inventory manager position is responsible for the overall inventory integrity and maintenance of a store’s

inventory following Ace’s inventory best practices and metrics - some of which are outlined as follows:

● Inventory Record Accuracy-IRA (Change in Quantity on Hand, Credit (PO’s, Direct Ship, etc.)

● In Stock Position (Maximum Stock Level, Minimum Order Point, Store Use, etc.)

● Assortment (Product Mix)

● Unproductive Inventory (Overstock, Obsolete, Discontinued, Markdowns, etc.)

● Shrink (Loss, Damage, etc.)

• Assist with opening/closing procedures

Essential Duties and

Responsibilities:

● Familiarize and stay abreast of inventory Best Practices within the Ace Way of Retailing

● Ensure data accuracy within the system to maintain adequate inventory levels

● Train store staff on best practices and create a culture that is focused on Inventory Health

● Collaborate with all associates to help identify errors and correct them as necessary by addressing the root causes

● Conduct, research, and address/reinforce Ace Way of Retailing best practices for the following processes (inclusive but

not limited to):

o Negative Reports and make corrections as necessary

o “Shoot the Outs,” research variances, and make corrections as needed

o Permanent and temporary outs via Item Change Management

o Mango Count Sheets and exception reports.

o Unproductive inventory management including Obsolete and Overstock Inventory

o Monitor shrinkage, recommend ways to reduce theft and breakage, and make corrections in inventory system

o Maintain accuracy of all location codes

o Print bin tags (labels) as required

Required Knowledge, Skills and Abilities:

● Passion for detail, inventory management and

store operations

● The drive to getting it done the “right way”

● High School degree or GED, some college preferred

● Possess a vast product knowledge of consumable products along with a willingness to learn

● General understanding of inventory principles and experience with retail programs

● Understand the life cycle of merchandise including receipt, quantity on hand, and point of sale

● Experience in a retail environment either in inventory, sales, or back office

● Capable of inspiring and motivating others to execute against best practices

● Excellent quantitative and computer skills

● The ability to use analytics and research to make sound decisions

● Knowledge of retail computer systems and basic knowledge of MS Office products

● Excellent communication skills, exceptional organizational ability, high attention to detail, and ability to multi-task

● Ability and willingness to work flexible hours including evenings, weekends and holidays to meet the needs of the

business

**

This is a supplemental job description to be utilized for those associates that

have this additional responsibility. This is not a position by itself and the

associate with this responsibility is expected to adhere to these expectations

along with the expectations set forth on the job description for their main

role within the store.

We are your local hardware store and we are a part of your community. Ace Hardware has over 5,000 stores around the world with the majority of those stores independently owned and operated by local entrepreneurs. These hard working men and women are part of the fabric of your community. They are small business owners who are local and loyal...just like it ought to be. While others have become large and impersonal, at Ace, we've remained small and very personal. That's why we say a visit to Ace, is like a visit to your neighbor.

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