Hudson’s Bay Company Looking for Manager, Inventory Optimization at Toronto, Ontario Full Time

job description

Day in the Life:

We are currently seeking to add an Inventory Optimization manager to our team. This role will be a key enabler for advocating and improving our fundamental inventory management KPIs. This individual will bring a disciplined and a collaborative approach to problem solving by fostering key relationships and progressively challenging the status quo. The Manager will partner with Merchandise Planning, Owned Brands, Distribution, Transportation, Store Operations and IT teams to optimize HB’s Supply Chain, identify areas of opportunity, determine best practice methodologies and establish new processes.

 

What You Will Do:

 

• Develop a strategic framework to assess and track performance of our Inventory management KPIs (turns, working capital, capacity effectiveness) while continually identifying opportunities for improvement
• Gain a good understanding of overall network capacity and working capital
• Define, socialize and level set on Inventory planning KPI definitions and criteria to ensure all stakeholders are aligned
• Build strategic relationships and partner with leaders in MP&A, Store Operations, Finance and Distribution to gain a better understanding of inventory opportunities and challenges
• Create a governance model of working closely with relevant stakeholders to drive action plans on how to deplete excess inventory by deploying various proactive and reactive measures
• Own insight driven reporting of excess, unproductive and aged inventory – work closely with Supply Chain Analytics and senior leadership to create new prototypes and views as needed
• Gain a very good understanding of the entire planning cycle upstream to identify any foreseen capacity challenges and work closely with stakeholders in Ops, planning and supply chain to drive towards a mitigation plan
• Conduct what-if and scenario analysis by leveraging variables and parameters around inventory cost, capacity, turns, external storage etc. to influence an exit/markdown strategy
• Provide ad-hoc support to the SC&L team as needed on strategic analyses, capacity simulation, preparing executive level presentations and other activities related to new initiatives
• Enable management to make informed, data-based decisions by providing business analyses and analytical support, particularly in areas where a high level of analytical skill is required

 

 

What You Will Need:

• Bachelor’s degree in Business Administration, Supply Chain Management or Engineering with 4 to 5 years of relevant experience.
• Strong knowledge and understanding of basic supply chain planning concepts – forecasting, replenishment, inventory optimization, integrated business planning, CPFR, reverse logistics and continuous process improvement
• A keen ability to interpret data and make decisions informed by analytics.
• An impeccable communication style – exceptional and proven written and verbal communication skills, including the ability to present in a compelling and concise manner.
• Demonstrated success in working collaboratively with and influencing cross functional teams; ability to challenge status quo in a convincing manner.
• Demonstrated experience in creating compelling storylines – ability to position and frame the right context for the right audience
• Supply Chain designations an asset

 

What You Can Expect:

• Competitive salary and benefits package
• Associate discount up to 40% including top brands
• Flexible work environment that allows for work-life balance

 

 

About Hudson’s Bay:

As North America’s oldest retailer, Hudson’s Bay is the top destination for Canadians to realize their best style of life. Our goal, as One Team, is to deliver a frictionless omni experience where stores anchor the customer journey with surprising discoveries, desired services, and localized assortment.

At Hudson’s Bay, we share a passion for innovation, building meaningful relationships, and living a colourful life. We empower our associates to unlock their full potential by giving them opportunities to grow and learn every day. If you thrive in a fast-paced environment, embrace change, and are looking to make an impact, we want you on our team.

We are a retailer that caters to all Canadians and need a diverse team to ensure our continued success. We strongly believe in the power of diversity, and encourage applications from everyone who is eager to make a difference in the customer’s shopping experience. Together, we can rewrite the rules of retail.

Learn more about our commitment to DE&I at HBC Foundation & HBC Heritage

 

Our Commitment to Building a Winning Culture:

As One Team we have re-established our internal behaviours and culture to ensure we all succeed. One Team provides the tools needed to shift our ways of working and creates change to become a purpose-driven, digital first business. Our 4 pillars for embracing One Team are: Always be Customer Champions, Performance and Purpose Driven, Keep it Simple & Change Agents.

 

 

Interested in Social Media?

Follow us on LinkedIn & Instagram.

Thank you for your interest with HBC. We look forward to reviewing your application.

HBC provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, HBC complies with applicable state and local laws governing non discrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence,compensation and training.

HBC welcomes all applicants for this position. Should you be individually selected to participate in an assessment or selection process, accommodations are available upon request in relation to the materials or processes to be used.