Manager, Inventory Management - Inventory Solutions - Walmart : Job Details

Position Summary...What you'll do... As a part of the Walmart Merchandising Operations organization, you will deliver solutions that directly impact the company's ability to service our customers. This is core to who we are because Sam Walton founded our company with the belief that the customer is #1. It is not just a belief, but our way of doing business.The Inventory Health team's goal is to enable world class execution of product movement to deliver a delightful customer experience while saving them both time and money in unexpected ways.What you'll do...

• Returns Process Management: Oversee all financial transactions for returns, approve supplier payback requests, and handle dispute negotiations. Establish and manage partnerships with third-party processors to ensure proper returns execution. Conduct quarterly business reviews with leadership and audit third-party returns processors for compliance. Collaborate with cross-functional stakeholders on supplier agreements and outdated returns. Oversee special projects in pharmacy returns and coordinate special item returns between stakeholders.

• Efficiency in Returns: Provide expertise in returns processing to drive efficiencies. Guide all levels of management on proper product disposition and ensure compliance with state and federal regulations on pharmacy returns. Conduct item data and outdated returns analyses. Present senior leadership with weekly forecasts, budgets, monthly store performance results, execution issues, and best practices.

• Recall and Post-Audit Claims Management: Ensure recalls are set up and programmed correctly in the system. Oversee the accurate processing of recalls and analyze product returns in relation to recall products. Inform operators using data on store performance issues from product recall analysis. Review and validate post-audit claims, approve supplier deductions, and provide training and feedback to internal and external audit teams.

• Profit and Loss Management: Create, track, monitor, and communicate trends, forecasts, and budget management for returns. Perform analysis, planning, and forecasting to determine overall impact. Analyze performance against plan to ensure budget expectations are met. Make necessary adjustments to business initiatives, partner with key stakeholders to ensure accuracy, and present results to senior leadership.

• Debit Memo Processing: Verify and ensure the accuracy of received data for debit memo files from vendors. Ensure correct return processes are executed and determine whether debit memos can be deducted. Collaborate with stakeholders to resolve non-deductible claims. Maintain communication systems for debit memo corrections and deductions. Ensure debit memo files are deducted according to guidelines and verify changes when reviewing debit memo files.

The above information has been designed to indicate the general nature and level of work performed in the role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The full Job Description can be made available as part of the hiring process.You'll sweep us off our feet if you...

• Experienced in Returns Management: Have a strong background in managing and overseeing returns processes, financial transactions, and supplier negotiations.
• Efficiency Driver: Demonstrate expertise in optimizing returns processing and ensuring compliance with regulations. Excel in guiding management on product disposition and conducting thorough data analyses.
• Skilled in Recall Management: Possess experience in managing recalls, analyzing product returns, and informing operational performance using recall data.
• Financially Savvy: Demonstrate strong skills in profit and loss management, including trend analysis, forecasting, budget management, and performance analysis.
• Detail-Oriented: Exhibit meticulous attention to detail in processing and verifying debit memo files, ensuring data accuracy, and managing claims resolution.
• Effective Communicator: Excel in presenting and communicating results, insights, and best practices to senior leadership and cross-functional teams. Provide training and feedback to enhance audit processes.

Benefits & Perks: Beyond competitive pay, you can receive incentive awards for your performance. Other great perks include 401(k) match, stock purchase plan, paid maternity and parental leave, PTO, multiple health plans, and much more.Equal Opportunity Employer: Walmart, Inc. is an Equal Opportunity Employer - By Choice. We believe we are best equipped to help our associates, customers, and the communities we serve live better when we really know them. That means understanding, respecting, and valuing diversity- unique styles, experiences, identities, ideas and opinions - while being inclusive of all people.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 .Live Better U is a Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sam's Club facilities. Programs range from high school completion to bachelor's 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 One.Walmart .The annual salary range for this position is $70,000.00-$130,000.00 Additional compensation includes annual or quarterly performance bonuses. Additional compensation for certain positions may also include:- Stock Minimum Qualifications... Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.Bachelor's degree in Business, Accounting, or related field and 1 year's experience in inventory management, accounting, or related area OR 3 years' experience in inventory management, accounting, or related area. Preferred Qualifications... Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.Experience using Microsoft Database applications Primary Location... 702 Sw 8Th St, Bentonville, AR 72716, United States of America