Director of Inventory
Resume:
Tamara Carter-Henrikson
Elgin, Illinois *****
************@*****.***
Director of Inventory
Results-oriented and accomplished professional with over 24 years of experience. With a broad-based knowledge of inventory management, strategic planning and analysis, business intelligence, and core business processes.
Armed with first-rate inventory planning adeptness honed from hands-on experience in forecasting and demand management
Resourceful problem solver, equipped with strong business acumen, interpersonal, and team-building skills
Effective negotiator and communicator with keen attention to detail and unwavering commitment to the highest standards of professional and personal service
Areas of Expertise
Financial Acumen Skills ~ Supply Chain Management ~ Communication and Organizational~
Strategic planning, forecasting, and analytics ~ Project Management~ Process Improvement
Professional Experience
Sears, Roebuck, and Company ~ Hoffman Estates, IL
Director of Inventory
2013 Present
Notable Accomplishments:
Effectively managed an extremely complex and challenging $636M business, which included:
Development and implementation of yearly financial plan, which entails sales, receipts, inventory, clearance markdowns, and nonproductive inventory
Oversight of a team of four inventory managers and six inventory analysts that are accountable to create forecasts, place all purchase orders and allocations, achieving key KPI s, while staying within financial budgets
Brought a -$8.2M or 46.5% year over year reduction in average aged inventory through development and execution of tracking tool that optimized operations in managing aged inventory
Reduced non-productive inventory by -$8.6M or 66.3% year over year with an increase in year over year turn by 10.9%
Successfully maximized sales capabilities while ensuring alignment of procedures with key performance indicator (KPI), which minimized aged inventory and positioned instocks as the top priority
Played a lead role in planning and implementing the annual financial plan, which consisted of sales, receipts, clearance markdowns, turnover, IMU and nonproductive inventory
Provided recommendations to divisional merchandise manager (DMM), vice president, and president of business unit to maximize inventory assets and drive sales growth and margin
Job Functions:
Provide strategic leadership to inventory managers and inventory analysts, as well as to the Planning and Placement teams to align merchandise assortments with overall business plan and tactics. Lead monthly locked forecast review activities, including, but not limited to, assessing and adjusting weekly sales to forecast as necessary to reflect fast-paced changes in market tendencies compelled by pricing sensitivity, market trends, and overreaching economic factors. Collaborate with the inventory manager to oversee weekly purchase operation, domestic and import product, and product launches. Streamline store operations to efficiently address concerns with product display, slow sellers, and general store administration, and design strategic action plan to resolve all issues. Optimize team performance to stabilize incremental sales and generate profit growth.
Inventory Manager Electronics and Floor Care
2007 2013
Notable Accomplishments:
Successfully reduced markdowns and risk in inventory through the development and implementation of transition tool that mobilized discontinued product
Efficiently supervised the development and implementation of financial plan for over $600M of inventory, inclusive of sales, margin, inventory turnover, and store in stock levels, along with structuring profitable merchandise flow plan for 800 retail stores and 18 distribution centers
Job Functions:
Maintained regular coordination with import and domestic vendors to obtain and maintain the distribution center s fill rate, inventory turnover, in-stock percentage, and liability inventory goals. Facilitated intensive training and development programs for department analysts. Closely coordinated with the Inventory Replenishment Team in launching a system that regulated store pick-up operations and direct delivery.
Senior Analyst Refrigeration
2005 2007
Notable Accomplishments:
Efficiently minimized inactive inventory levels during several transitions in 2006 and 2007
Earned recognition for designing a transition program that is currently being used throughout the Appliance Department
Job Functions:
Held accountability in overseeing the inventory of one of the company s largest lines; administering enormous transition volumes, competitive analysis, and pricing structures; tracking inventory; and maintaining vendor relations.
Associate Buyer Kids Apparel
2000 2005
Job Functions:
Maximize sales of $102M and profitability of department by creating sales strategies and tactical plans. Devise and implement financial and marketing plans, pricing, profit negotiations, assortment planning, merchandise procurement and inventory management. Partner with Planner to determine most profitable distribution of inventory at store level.
Earlier Positions Held:
Merchandise Planning Coordinator/Analyst Kids Apparel
Department Manager ~ Supervisor Brand Central
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