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Inventory Manager

Inventory Planning & Forecasting

  • Develop and execute inventory management strategies to optimize stock levels across e-commerce, social commerce, and retail channels.
  • Analyze historical sales data and trends to create accurate demand forecasts.
  • Implement best practices for reducing stockouts, overstocking, and aged inventory.
  • Coordinate closely with Marketplace Operations and Marketing teams to anticipate promotional impacts on inventory needs.

Supply Chain & Vendor Coordination

  • Work closely with suppliers to ensure timely procurement and delivery of goods.
  • Manage purchase orders, vendor relationships, and lead time optimizations.
  • Identify and mitigate supply chain risks related to delays, shortages, or quality issues.
  • Oversee inbound and outbound logistics to ensure efficient warehouse operations.

Inventory Accuracy & Optimization

  • Implement best practices for warehouse inventory control and cycle counts.
  • Utilize inventory management software and analytics to maintain real-time tracking of stock levels.
  • Develop strategies for SKU rationalization, cost reduction, and inventory turnover improvement.
  • Identify and resolve discrepancies between actual and recorded inventory.

E-Commerce & Retail Fulfillment Coordination

  • Ensure inventory availability for Amazon FBA, TikTok Shop, and other online marketplaces.
  • Monitor and manage warehouse operations, 3PL partners, and fulfillment centers.
  • Optimize inventory allocation across different sales channels based on performance and demand.
  • Work with operations teams to streamline fulfillment processes and reduce shipping delays.

Reporting & Performance Analysis

  • Generate and analyze inventory reports, tracking KPIs such as turnover rates, stock accuracy, and fulfillment efficiency.
  • Provide actionable insights to leadership on inventory trends and cost-saving opportunities.
  • Develop inventory SOPs to enhance efficiency and scalability.

Experience:

  • Minimum of 10 years of experience in inventory management, supply chain operations, and logistics
  • With at least 2 years of experience working specifically with Amazon FBA.
  • Proven track record of successfully managing inventory levels, optimizing supply chain processes, and working within e-commerce platforms, especially Amazon Seller Central.
  • Amazon FBA Reimbursement experience a plus.

Technical Skills:

  • Proficiency in Amazon FBA, including inventory management, order fulfillment, and performance optimization.
  • Strong understanding of Amazon's inventory management tools, reporting dashboards, and reconciliation processes.
  • Expertise in Excel and other data analysis tools for managing inventory, forecasting demand, and tracking supply chain performance.

Supply Chain and Logistics Knowledge:

  • Strong understanding of supply chain management, including demand forecasting, procurement, shipping logistics, and warehouse operations.
  • Knowledge of international shipping and import/export regulations related to Amazon FBA, especially if managing global inventory.
  • Ability to manage and optimize third-party logistics (3PL) partnerships and fulfillment processes.

Analytical and Problem-Solving Skills:

  • Strong ability to analyze inventory levels, sales trends, and supply chain data to identify areas for optimization and cost reduction.
  • Ability to quickly identify and resolve inventory discrepancies, stockouts, or overstock issues.
  • Experience in implementing process improvements that enhance operational efficiency and reduce costs.

Project Management:

  • Proven experience managing multiple inventory-related projects simultaneously, ensuring timely execution and adherence to deadlines.
  • Ability to work under pressure and meet critical deadlines in a fast-paced, e-commerce-driven environment.
  • Strong organizational skills and attention to detail.

Communication and Collaboration:

  • Excellent communication skills, both verbal and written, to effectively coordinate with internal teams, vendors, and third-party logistics partners.
  • Ability to collaborate with other departments, including sales, marketing, and customer service, to align inventory and supply chain strategies with overall business goals.

Knowledge of E-commerce Best Practices:

  • Familiarity with e-commerce trends, Amazon policies, and best practices for managing inventory in an online marketplace.
  • Understanding of Amazon’s performance metrics related to FBA, such as inventory health, stranded inventory, and storage limits.

Detail-Oriented and Proactive:

  • High attention to detail in managing inventory data, order processing, and reporting.
  • Proactive in identifying potential inventory issues and taking steps to mitigate risks before they impact business operations.

Vendor and Supplier Management:

  • Experience in managing relationships with suppliers, negotiating, and ensuring timely delivery of inventory.
  • Ability to assess vendor performance, ensure quality control, and maintain strong, mutually beneficial relationships

Unlimited Paid Time Off (PTO): Enjoy the flexibility of taking time off when you need it without the worry of limited vacation days. We trust you to manage your time to stay energized and productive.

100% Remote Work: Work from anywhere in the world, and set up your ideal workspace for ultimate comfort and efficiency.

Flexible Working Hours: Enjoy the flexibility to set your working hours around your personal schedule, with the understanding that core tasks and deadlines need to be met. While you have autonomy over your daily schedule, there will be times when overlap with team members during certain hours is necessary for collaboration and meetings.

Professional Development: We support your career growth through access to online learning platforms and resources that help you advance in your role and skills.

Team Collaboration: Even though we’re fully remote, our team thrives through regular communication, team meetings, and collaborative tools. Join a supportive, motivated team that works together toward shared goals.

What You Should Know About Inventory Manager, Dr. Frederick's Original

Are you passionate about optimizing inventory levels and ensuring seamless logistics? Join us as the Inventory Manager with our dynamic team! With over 10 years of experience in inventory management, supply chain operations, and logistics, you will develop and implement strategies that enhance our stock levels across various channels, including e-commerce, social commerce, and retail. Your knack for analyzing historical sales data will enable you to produce accurate demand forecasts, minimizing stockouts and overstocking. Collaborating closely with our Marketplace Operations and Marketing teams, you'll be at the forefront of anticipating promotional impacts efficiently. You'll also oversee vendor relationships, manage purchase orders, and mitigate supply chain risks while ensuring smooth inbound and outbound logistics. Additionally, your expertise in inventory management software will come into play as you implement best practices for warehouse inventory control. It’s time to take your career to the next level with unlimited paid time off and the flexibility of working 100% remotely! You'll not only enjoy a work-life balance but also receive guidance for professional development to grow your skills. Join us to make a measurable impact and enhance our overall inventory strategy, while being rewarded with the comfort of a supportive and motivated team environment.

Frequently Asked Questions (FAQs) for Inventory Manager Role at Dr. Frederick's Original
What are the main responsibilities of the Inventory Manager at our company?

The Inventory Manager is responsible for developing and executing inventory management strategies to optimize stock levels, analyzing historical sales data to create accurate demand forecasts, coordinating with suppliers for timely procurement, and overseeing inbound and outbound logistics. Moreover, the role includes ensuring inventory accuracy, analyzing reports to provide actionable insights, and streamlining fulfillment processes.

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What qualifications are needed for the Inventory Manager position?

To become the Inventory Manager, candidates should ideally have at least 10 years of experience in inventory management and supply chain operations. At least 2 years of experience specifically working with Amazon FBA is required. Expertise in inventory management software, Excel, and supply chain knowledge are crucial, along with strong analytical and problem-solving skills.

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What technical skills should an Inventory Manager possess?

An Inventory Manager should be proficient in Amazon FBA and familiar with its tools for inventory management and order fulfillment. Strong proficiency in Excel and other data analysis tools is necessary for managing inventory, forecasting demand, and analyzing supply chain performance. Additionally, understanding international shipping and import/export regulations is essential.

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How does our company support the Inventory Manager's professional growth?

We believe in fostering a nurturing environment for our Inventory Manager by providing access to online learning platforms and resources for skill advancement. This ensures that our team remains knowledgeable about the latest in inventory management and e-commerce best practices, paving the way for professional growth.

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What makes this Inventory Manager role unique in terms of work environment?

This Inventory Manager role is designed for ultimate flexibility—it supports 100% remote work, allows unlimited paid time off, and offers flexible working hours. This unique environment encourages a strong work-life balance while promoting team collaboration through regular communication and a supportive culture.

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Common Interview Questions for Inventory Manager
Can you describe your experience with managing inventory in an e-commerce environment?

When addressing your experience with e-commerce inventory management, focus on specific platforms you've worked with, such as Amazon. Discuss how you've optimized inventory levels during peak seasons and any strategies you've implemented for efficient fulfilment.

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How do you handle discrepancies in inventory records?

Explain your systematic approach to identifying and resolving discrepancies, emphasizing your analytical skills and use of technology to track inventory accurately. Highlight any specific tools or processes you have implemented to prevent such issues in the future.

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What strategies do you use for demand forecasting?

Discuss the methods you've utilized for demand forecasting, including analyzing historical sales data and trends. Mention any tools or software you've employed and how you've collaborated with other departments, like marketing, to anticipate fluctuations in inventory needs.

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How do you manage vendor relationships to ensure timely inventory replenishment?

Share your experience in negotiating with suppliers, discussing the importance of communication and establishing trust to maintain healthy vendor relationships. Highlight any specific outcomes related to timely deliveries you've achieved.

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What are some best practices for inventory control you believe in?

Discuss the key best practices for inventory control you follow, such as implementing regular cycle counts, using technology for real-time tracking, and adopting a proactive approach to mitigating stockout risks. Be specific about how you've applied these practices in past roles.

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Can you give an example of a successful inventory optimization project you've led?

Share a concise example showcasing a project where you successfully optimized inventory levels. Include the challenges faced, your strategic approach, and the measurable outcomes achieved, such as improved turnover rates or reduced holding costs.

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How do you prioritize tasks when managing multiple inventory projects?

Explain your time management strategies and tools you use to prioritize tasks effectively, emphasizing your ability to adapt to changes and meet deadlines in a fast-paced environment.

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What software tools have you used for inventory management and analysis?

Detail the inventory management software and data analysis tools you’ve used throughout your career, explaining how you've leveraged them to improve operational efficiency and the decision-making process.

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How do you stay updated on e-commerce trends and best practices?

Discuss the methods you use to keep abreast of e-commerce trends and industry practices, such as following relevant blogs, participating in webinars, and networking with industry professionals.

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What approach do you take towards sustainable inventory management?

Discuss your commitment to sustainability in inventory management, such as reducing waste, implementing eco-friendly practices, and optimizing supply chains to establish a more environmentally conscious approach.

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EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
March 20, 2025

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