Position Summary...
This role is responsible for strategically leading and optimizing the flow of inventory throughout the supply chain to maximize product availability minimize costs and achieve financial targets. The Vice President will oversee critical functions related to inventory planning demand forecasting and replenishment ensuring efficient movement of goods from suppliers through distribution channels to meet customer demand. This role is accountable for key inventory performance metrics driving continuous improvement within the inventory ecosystem and influencing cross-functional partners to enhance operational efficiency and profitability.
What youll do...
Key Priorities:
1. Lead Inventory Planning & Optimization Strategy Sets the strategic direction for how inventory is planned managed and optimized within the supply chain across various channels or product categories.
Tangible Deliverables:
Annual and Seasonal Inventory Plans: Develop and oversee the creation of strategic inventory plans (e.g. open-to-buy seasonal buy plans) that align with financial targets (sales margin turn) and customer service goals.
Forecasting & Demand Planning Excellence: Champion advanced forecasting methodologies and tools ensuring high accuracy in demand predictions to optimize inventory levels and reduce excess or out-of-stock situations.
Inventory Level Optimization: Strategically manage inventory levels across the network (stores DCs e-commerce) to balance service levels with working capital efficiency. Implement strategies to improve inventory turns and reduce carrying costs.
Replenishment Strategy: Define and evolve the replenishment strategies (e.g. push vs. pull automated replenishment rules) to ensure timely and efficient product flow to points of sale or fulfillment centers.
Business Impact:
Optimized Working Capital: Directly impact the balance sheet by minimizing excess inventory and improving inventory turns freeing up capital.
Enhanced In-Stock Performance: Improve product availability for customers leading to increased sales and customer satisfaction.
Reduced Markdown/Obsolescence: Minimize losses from clearance markdowns and obsolete inventory through effective planning and flow management.
2. Drive Operational Excellence & Process Improvement in Inventory Flow - Improve the efficiency and effectiveness of the end-to-end inventory flow processes.
Tangible Deliverables:
Process Standardization & Enhancement: Identify analyze and lead initiatives to standardize and improve key inventory flow processes from inbound logistics and receiving to allocation and store fulfillment.
Technology & Tool Adoption: Lead the evaluation adoption and optimization of inventory planning forecasting and visualization tools and systems ensuring they effectively support operational needs and strategic objectives. This includes influencing IT/Transformation roadmaps relevant to inventory.
Performance Measurement & Reporting: Establish and monitor key performance indicators (KPIs) for inventory flow and planning effectiveness (e.g. forecast accuracy in-stock rates fill rates inventory turns) providing regular performance reports and insights.
Cross-Functional Alignment & Collaboration: Foster strong partnerships with Merchandising Supply Chain Operations Store Operations and Finance teams to ensure seamless inventory flow resolve operational bottlenecks and align on shared goals.
Business Impact:
Increased Operational Efficiency: Streamline inventory processes reducing manual effort lead times and associated operational costs.
Improved Supply Chain Responsiveness: Enhance the ability to react quickly to changes in demand or supply minimizing disruptions and maximizing sales opportunities.
Better Data-Driven Decisions: Ensure the availability of accurate and timely inventory data to support effective decision-making across the supply chain.
3. Build & Develop a High-Performing Inventory Team - Lead mentor and develop the team responsible for inventory planning and flow.
Tangible Deliverables:
Team Leadership & Development: Recruit mentor and develop a high-performing team of inventory planners analysts and managers fostering a culture of continuous learning accountability and excellence.
Talent Strategy: Develop and implement strategies for talent attraction retention and succession planning within the inventory planning and flow function.
Performance Management: Set clear goals and expectations for the team provide regular feedback and conduct performance reviews to drive individual and team growth.
Change Adoption: Lead the team through process and technology changes ensuring understanding buy-in and successful adoption of new ways of working.
Business Impact:
Stronger Functional Capabilities: Ensure the organization has the necessary talent and expertise to effectively manage and optimize inventory.
Increased Employee Engagement & Productivity: Foster an environment that attracts and retains top talent leading to higher morale and productivity.
Sustainable Improvement: Build a team capable of driving ongoing innovation and continuous improvement in inventory management.
Respect for the Individual
Demonstrates and encourages respect for others; Builds high performing diverse teams; seeks and embraces differences in people cultures ideas and experiences; creates a workplace and equitable experiences where associates feel seen supported and connected through culture of belonging so associates thrive and perform; drives a positive associate and customer/member experience for all; serves as a talent scout who identifies attracts and retains best diverse talent.
Creates a discipline and focus around developing talent through feedback coaching mentoring and developmental opportunities; builds the talent pipeline; creates an environment allowing everyone to bring their best selves to work; empowers associates and partners to act in the best interest of the customer/member and company; and regularly recognizes others contributions and accomplishments.
Builds strong and trusting relationships with team members and business partners; works collaboratively and cross-functionally to achieve business objectives; and communicates and listens attentively with energy and positivity to motivate influence and inspire commitment and action.
Acts with Integrity
Maintains and promotes the highest standards of integrity ethics and compliance; models the Walmart values and leads by example to support and reinforce our culture; supports Walmarts goal of becoming a regenerative company by making a positive impact for associates customers members and the world around us.
Ensures that organizations follow the law our code of conduct and company policies; drives an environment where associates feel comfortable sharing concerns and models our culture of non-retaliation; proactively gathers concerns raised by associates and takes action and models this for others; holds self and organization accountable for achieving results in a way that is consistent with our values.
Acts as an altruistic servant leader and is consistently humble self-aware honest and transparent.
Service to the Customer/Member
Delivers expected business results while putting the customer/member first and consistently applying an omni-merchant mindset and acts with an Every Day Low Cost mindset to drive value and Every Day Low Prices for customers/members.
Adopts a holistic end-to-end perspective that considers data analytics customer/member insights and different parts of the business when making plans and designing or executing strategies to capitalize on opportunities with global impact.
Strive for Excellence
Consistently raises the bar and seeks to improve; demonstrates curiosity and a growth mindset; creates an environment that supports learning innovation learning from mistakes and intelligent risk-taking; and models resilience in the face of setbacks.
Acts as a change agent to drive continuous improvements; supports others through change; and guides the adoption of new technology and supports digital disruption in line with Walmarts business model.
At Walmart we offer competitive pay as well as performance-based bonus awards and other great benefits for a happier mind body and wallet. Health benefits include medical vision and dental coverage. Financial benefits include 401(k) stock purchase and company-paid life insurance. Paid time off benefits include PTO (including sick leave) parental leave family care leave bereavement jury duty and voting. Other benefits include short-term and long-term disability company discounts Military Leave Pay adoption and surrogacy expense reimbursement and more.
You will also receive PTO and/or PPTO that can be used for vacation sick leave holidays or other purposes. The amount you receive depends on your job classification and length of employment. It will meet or exceed the requirements of paid sick leave laws where applicable.
For information about PTO see Better U is a Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sams Club facilities. Programs range from high school completion to bachelors degrees including English Language Learning and short-form certificates. Tuition books and fees are completely paid for by Walmart.Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to a specific plan or program terms.For information about benefits and eligibility see .
The annual salary range for this position is $225000.00-$500000.00Additional compensation includes annual or quarterly performance bonuses.Additional compensation for certain positions may also include:- Regional Pay Zone (RPZ) (based on location)- StockMinimum Qualifications...
Outlined below are the required minimum qualifications for this position. If none are listed there are no minimum qualifications.
Bachelors Degree in Business Administration Supply Chain or related field.
10 years leadership experience in retail operations or related field.
7 years leadership experience in supply chain operations preference DC operations experience.Preferred Qualifications...
Outlined below are the optional preferred qualifications for this position. If none are listed there are no preferred qualifications.
Corporate leadership experience in Business Administration Technology Finance Supply Chain or relevant fieldPrimary Location...
702 Sw 8Th St Bentonville AR 72716 United States of America
(USA) Vice President, Inventory Flow
