Obsolete Inventory Analyst

B&G Foods Inc

Parsippany, NJ

JOB DETAILS
SALARY
$56,100–$93,500 Per Year
SKILLS
Adobe Acrobat, Analysis Skills, Communication Skills, Continuous Improvement, Corrective Action, Cross-Functional, Customer Support/Service, Demand Forecasting/Planning, Detail Oriented, Distribution Services, ERP (Enterprise Resource Planning), Finance, Forecasting, Funding, Genetics, Inventory Management, Inventory Planning, Java IDE (Integrated Development Environments), Legal, Loss Mitigation, Marketing, Microsoft Excel, Microsoft PowerPoint, Multitasking, Organizational Skills, Performance Metrics, Prescription Drugs, Pricing, Project/Program Coordination, Project/Program Management, Reporting Dashboards, Return on Investment (ROI), Risk, Sales, Sales Closing Skills, Supply Chain, Supply Chain Management, Time Management
LOCATION
Parsippany, NJ
POSTED
7 days ago

Ready to be part of something special?

Join our Family!

Responsible for the end-to-end process of excess & obsolete inventory management including direct contact with liquidators for close out sales opportunities. Work collaboratively with Planning, Sales, Marketing and Finance to identify, compile and publish aging, obsolete and excess inventory for liquidation and other actionable dispositions. Proactively drive category reduction, improved customer service and inventory accuracy. Develop and publish analytical data summaries outlining fiscal period results, impact and progress.

Responsibilities:

  • Through collaboration with Supply, Inventory, Operations and Finance, identify, compile & execute the timely reporting and management of obsolete, excess and discontinued inventory for liquidation sale or other disposition.
  • Work directly with liquidators, presenting close out items at best pricing to ensure highest financial return on aging, excess and obsolete inventory. Determine financial benefit of donation versus liquidation through collaboration with Finance on pricing matrix guidelines and periodic reassessments.
  • In partnership with Supply and Demand Planners, proactively identify future obsolete and excess inventory risk through inventory and forecast analysis and mitigating loss through opportunities and recommendations.
  • Analyze, track, and prepare materials regularly, for reporting to upper & Executive management (i.e. data summaries/dashboards, Power Point presentations).
  • Coordinate & manage projects (as it relates to direct and indirect areas of focus) with distribution centers and other cross functional teams, meeting deadlines or actionable dispositions, and maintain appropriate inventory accuracy.
  • Identify and implement O&D Reduction initiatives and continuous improvement ideas. Recommend strategies and corrective action plans for category reduction, mitigate loss and drive results.

Experience, Skills, Education:

  • Bachelor's Degree required, preferably in Supply Chain Management or similar field
  • 1-2 years of supply planning or inventory planning experience required
  • Experience managing obsolete and excess inventory (Raw Material, Packaging, Finished Goods) preferred
  • Advanced Microsoft Excel skills required
  • ERP System experience required, preferably JDE
  • Professional and effective communication skills with ability to span all levels of management
  • Ability to understand and report detailed analytics, leveraging data from across the supply chain and multiple systems
  • High accuracy with strong organizational and detail oriented skills
  • Demonstrates the ability to handle multiple projects in a fast-paced environment with accuracy
  • Ability to leverage KPI's to identify improvement opportunities

Compensation:

Base Pay Range:

$56,100.00 - $93,500.00

Final base pay will be determined based on factors including, but not limited to; role responsibilities, experience, skills, education, geographic location, and/or internal pay equity. Please keep in mind that we consider internal pay equity and hiring at the maximum of the salary range uncommon.

Benefits:

We offer a variety of benefits that include comprehensive, affordable health and wellness coverage for you and your family.

  • Paid time off (holidays, vacation and sick days)

  • Medical, prescription drugs, dental and vision coverage

  • Life, disability and AD&D insurance

  • 401(k) plan

  • Flexible spending accounts

  • Tuition reimbursement program

  • Employee assistance programs

  • Telemedicine

  • Work-life balance

  • Employee discounts

  • Wellness program

  • Paid parental leave

Benefits may vary by location and position.

Equal Employment Opportunity:

B&G Foods is an equal opportunity/affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, disability status, protected veteran status, or any other characteristic protected by law. If you'd like more information about your EEO rights as an applicant under the law, please see www1.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf.

About the Company

B

B&G Foods Inc

B&G Foods and its subsidiaries manufacture, sell and distribute a diversified portfolio of high-quality, branded shelf-stable foods across the United States, Canada and Puerto Rico. Based in Parsippany, New Jersey, B&G Foods’ products are marketed under many recognized brands, including Ac’cent, B&G, B&M, Baker’s Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Cary’s, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Emeril’s, Grandma’s Molasses, JJ Flats, Joan of Arc, Las Palmas, MacDonald’s, Mama Mary’s, Maple Grove Farms, Molly McButter, Mrs. Dash, New York Flatbreads, New York Style, Old London, Original Tings, Ortega, Pirate’s Booty, Polaner, Red Devil, Regina, Rickland Orchards, Sa-són, Sclafani, Smart Puffs, Spring Tree, Sugar Twin, Trappey’s, TrueNorth, Underwood, Vermont Maid and Wright’s. B&G Foods also sells and distributes Static Guard, a household product brand.

COMPANY SIZE
1,000 to 1,499 employees
INDUSTRY
Retail
WEBSITE
http://www.bgfoods.com/