Off-Price Inventory Manager (Contractor)

Posted 22 Days Ago
Be an Early Applicant
Hiring Remotely in USA
Remote
5-7 Years Experience
Retail
The Role
The Close-Out Inventory Manager is responsible for developing and implementing liquidation strategies to recover assets and minimize losses. Managing customer relationships, analyzing market trends, pricing strategies, compliance, and process improvement are key responsibilities. Required qualifications include a Bachelor's degree or 5+ years of experience, strong critical thinking, organizational skills, and proficiency in Microsoft office tools.
Summary Generated by Built In

WHY JOIN BELLA+CANVAS?

BELLA+CANVAS is the brand behind the T-Shirt movement. Headquartered in Los Angeles, we are the largest manufacturer of premium wholesale apparel in North America. Specializing in high quality, fashion-forward styles, we provide blank garments to decorators, promotional distributors, and brands all over the world.

At BELLA+CANVAS, we're all about providing a place where the entrepreneurial spirit thrives. It’s a collaborative environment where everyone has a voice and great ideas can come from anyone. We seek to ignite the BE DIFFERENT mentality throughout the organization. 

OVERVIEW

The Off-Price Inventory Manager is responsible for overseeing and executing the strategies for liquidating excess, obsolete, or unsellable inventory in a cost-effective manner. This role involves developing and implementing liquidation plans, managing customer relationships, and optimizing inventory turnover to minimize losses and maximize recovery.

RESPONSIBILITIES  

  • Develop Liquidation Strategies: Design and implement comprehensive plans for inventory liquidation to ensure maximum recovery of assets and minimize financial losses.
  • Inventory Assessment: Analyze inventory levels, identify slow-moving or obsolete stock, and determine appropriate liquidation methods.
  • Customer Management: Establish and maintain relationships with liquidation customers, including discount retailers, and online platforms. Negotiate terms and manage contracts to ensure favorable outcomes.
  • Market Analysis: Stay informed about market trends and demand to make informed decisions about the best liquidation methods and timing.
  • Pricing and Promotion: Propose pricing strategies, manage promotions, and develop marketing materials to drive sales of liquidated inventory.
  • Compliance and Documentation: Ensure all liquidation activities comply with legal regulations and company policies. Maintain accurate records of inventory disposition, financial transactions, and reports.
  • Performance Tracking: Monitor and report on the effectiveness of liquidation efforts, including sales performance, recovery rates, and cost-effectiveness.
  • Cross-Functional Collaboration: Work closely with planning, sales, and logistics teams to align liquidation activities with overall business objectives and inventory management strategies.
  • Process Improvement: Continuously evaluate and improve liquidation processes to enhance efficiency and effectiveness.

QUALIFICATIONS

  • Bachelor’s degree or 5+ years of equivalent work experience
  • Initiative-taking and creative critical thinking skills
  • Ability to work in a fast-paced, changing, and challenging environment
  • Strong diligence, organizational skills, and time management abilities
  • Excellent written and oral communication skills
  • Ability to work under tight deadlines and capability to self-prioritize workload, in an environment with changing priorities.
  • Must be an efficient user of Microsoft office tools such as excel, word, PowerPoint. must be able to create spreadsheets, charts and graphs, formulas, V-look ups, etc.
  • Must have close-out contacts and experience in the Off-Price/Close-Out inventory industry, as well as familiarity with industry contacts

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Top Skills

MS Office
The Company
HQ: Beverly Hills, CA
376 Employees
On-site Workplace
Year Founded: 1992

What We Do

BELLA+CANVAS is the brand behind the T-Shirt movement. Headquartered in Los Angeles, we are the largest manufacturers of wholesale apparel in the USA. Specializing in high quality, fashion-forward styles, we provide blank garments to decorators, promotional distributors and brands all over the world.

Founding partners Danny Harris and Marco DeGeorge have built a culture where the entrepreneurial spirit thrives. From manufacturing, to marketing, to design, each department embraces the company’s motto to BE DIFFERENT. We look for ways to inspire positive change for both the company and the planet, manufacturing in a socially and environmentally responsible way since day one. Daily yoga classes, a Zen garden and a workout facility help create a clear mind and creative environment for our team of movers and shakers.

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