Inventory Control And Purchasing Specialist

BodyHealth is a lifestyle nutritional supplement brand based in Dunedin Florida.

Over the last few years our business has truly been booming. Following a rebrand we have grown our eCommerce channel and Amazon sales by over 1000%. Also breaking into the retail space in some of the most significant retail accounts in the country and gaining recognition in several major publications for our growth, 2024 is going to be the biggest year in the company’s history by a wide margin.

That growth includes bringing on an Inventory Control & Purchasing Specialist to help us scale our capabilities in our Inventory Control. Now, more than ever, it is important to have sophisticated and scalable Inventory Control to ensure that we are minimizing or eliminating situations where products are out of stock.

Reports to

This position would report directly to the VP of Accounting and Finance.

What you will be responsible for

• Analyze sales figures and run rates to identify patterns, trends, and emerging demand shifts. Provide insights to guide purchasing decisions.
• Develop and maintain demand forecasts for various product categories, taking into account seasonal fluctuations, promotions, and market conditions.
• Continuously monitor and adjust inventory levels to ensure optimal stock levels while minimizing carrying costs and reducing excess or obsolete inventory.
• Utilize historical sales data, market trends, and forecasting tools to conduct in-depth data analysis of nutritional supplement product lines.
• Supply information for purchasing based on demand forecasts and inventory targets.
• Generate regular reports and dashboards to communicate inventory performance, trends, and recommendations to senior management and relevant departments.
• Identify potential inventory-related risks such as shortages, overstock situations, or supplier disruptions. Develop contingency plans to mitigate these risks.
• Collaborate with sales, marketing, and product development teams to align inventory strategies with product launches, marketing campaigns, and sales promotions.
• Conduct cost-benefit analyses for various inventory management strategies, including just-in-time inventory, safety stock levels, and bulk purchasing.
• Assist in budget preparation and monitoring, providing input on projected inventory-related expenses and cost-saving initiatives.
• Perform ad hoc analyses and provide insights as requested by management to support strategic decision-making.
• Track and report key inventory performance metrics such as inventory turnover, fill rate, and days of supply.

Who you are

• Bachelor's or Graduate's Degree in Business or Finance. A degree in Mathematics and/or Statistics would also be great.
• 4+ Years of experience running in depth inventory analysis for a D2C web business.
• Comfortable problem solving and decision-making using leadership and time management skills.
• Fluent in root cause analysis.
• Demonstrated strong work ethic and strict attention to detail.
• Able to interface with teams and conduct control testing.

Physical Requirements

• Prolonged periods of sitting at a desk.
• Utilizing a computer for extended periods at a time.

Salary and benefits

• $70,000 - $80,000
• Medical, Dental and Vision insurance
• 10 PTO Days accrued each year
• 5 Sick Days a year
• 10 Paid Holidays
• Relaxed dress code

COMMITMENT TO DIVERSITY

BodyHealth is an equal opportunity employer and does not discriminate on the basis of anyone’s race, color, religion, age, national origin, gender, gender identity, sexual orientation, or disability, and actively foster inclusion in all forms. We recognize that a multigenerational and multicultural workforce, reflective of our communities, is an integral and welcome part of a successful and ethical business.

Job Type: Full-time

Pay: $70,000.00 - $80,000.00 per year

Benefits:

• Dental insurance
• Employee discount
• Health insurance
• Paid time off
• Vision insurance

Schedule:

• Monday to Friday

Ability to Relocate:

• Dunedin, FL 34698: Relocate before starting work (Required)

Work Location: In person