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Field Inventory Control Specialist II

Loaf 'N Jug

Description:
Are you curious about solving complex business challenges for a leading convenience retailer? Do you have a passion for cross functional collaboration? Then you may be the perfect addition to our team!


Loaf N Jug is a member of the Cumberland Farms family of brands. Cumberland Farms is one of the fastest-growing convenience store retailers in the United States, committed to becoming America's #1 'one-stop' destination. The business has an established pedigree of delivering excellent fuel, grocery and merchandise, and food service. Headquartered in Westborough, Massachusetts, our Company has grown to over 1,500+ locations across the United States employing over 18,000 team members. You can find us operating under the following store banners: Certified Oil, Cumberland Farms, Fastrac, Kwik Shop, Loaf N Jug, Minit Mart, Sprint Food Stores, Tom Thumb, Turkey Hill, and Quik Stop. Our headquarters in Westborough, MA is home to our Store Support Center, Company Warehouse, and Culinary Center.

What We Offer:
  • Competitive wages
  • Work today, get paid tomorrow through our earned wage access program*
  • Paid Time Off
  • Medical/Health/Dental Coverage
  • 401K with Company Match
  • Team Member Discounts
  • Tuition Reimbursement
  • Employee Assistance Program
  • Health Savings Account
  • Company Spirit Days
  • Employee recognition and awards
  • And much more!

Position Summary: To produce store inventory results, which alert the company to problems in a unit's operation, including theft, accounting errors, paperwork, pricing, cash discrepancies, and evaluating the use of approved Company shrink control systems. This involves physical count by retail dollars as well evaluating inventory conditions and adherence to Company Shrink Standards.


Responsibilities:

  1. Lead or support an audit process of (1-3) Field Audit Control Specialists to conduct a physical inventory of store's merchandise. Every item of retail value and designated cost items in each store is counted or scanned including saleable merchandise, overstocks, damaged product and returns. This produces a value of the inventory that is used to produce a net-inventory loss/gain for each audit period.
  2. Evaluate inventory conditions as measured by the Company's audit readiness standards. Need to be able to teach and coach the Store Managers on proper readiness standards, as well as deliver poor results in a professional and motivational manner.
  3. Produce an immediate audit result for each unit at the time of the inventory. The result is calculated by comparing the physical inventory against the book balance and adjusting these figures to account for sales, unreported purchases, transfers, and price changes. This is done on a retail and cost basis as well as at an item level.
  4. Research the inventory result, ensuring accuracy and making necessary adjustments and corrections to the result. By using reports, summaries and figures downloaded from corporate, information regarding vendor deliveries and returns, retailing, gross margins, price changes, sales figures and accounting discrepancies are researched, reported and corrected. This includes electronic data. This corrects each unit's paperwork to project a more accurate audit result, as well as alerting store management to errors being made in required paperwork, so that it can be corrected immediately at store level.
  5. Evaluate the Manager's execution on the Company's Shrink Standards. This includes multiple-tiered questions based on the Manager's reports and feedback from the Manager. This often involves making determinations on the validity of the Manager's paperwork and statements.
  6. Being accountable for obtaining a high level of customer satisfaction, accuracy and speed.
  7. Must be able to perform the essential functions of this position with or without reasonable accommodation

Working Relationships: Store and District Managers, and members of the Inventory Team (both Field and SSC)

Requirements:
Minimum Education: HS Diploma or GED

Preferred Education: Associate's Degree

Minimum Experience: Retail Guest Service Leader, Shift Supervisor, or Keyholder

Preferred Experience: Retail Store Manager and/or inventory auditing experience


Licenses/Certifications: None


Soft Skills: Position requires good communication skills (written and verbal), the ability to deliver feedback on inventory results in a professional and motivational manner, the ability to work cohesively with the store teams and inventory team, and the ability to be self -disciplined in their work day. Ability to exercise good judgment in analyzing complicated information. Being positive, team orientated and flexible will be crucial to the success of this position.


Other: Physical Need be able to lift up to 50 pounds, endure long periods of standing, kneeling, and squatting. Need to be able to deal with wide variations in temperature (freezer and refrigeration).


Travel: Need to be able to travel long distances daily to reach various company locations. Need to be available for overnight travel as business warrants.

Hours & Conditions: Need to be available for full-time hours Mon-Fri, which can vary from day to day. Average hours will range from 40-45 hours per week. Early start time with location arrival time typically 5:00AM, with ending time varying daily.

Driving: Must have a clean driving record

Additional Info:
At Loaf N Jug, it's important that our employees reflect the world we live in and the communities we serve. We celebrate our differences, so your unique background and skillset could bring a wonderful new perspective to our team. If you have a passion for delivering exceptional results, thrive in a fast-paced corporate environment, and bring experience in business management or related areas, we'd love to meet you - even if you don't meet every single requirement.
Vacancy posted 2 days ago
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