Inventory Control Analyst, eCommerce

We are UMG, the Universal Music Group. We are the world’s leading music company. In everything we do, we are committed to artistry, innovation and entrepreneurship. We own and operate a broad array of businesses engaged in recorded music, music publishing, merchandising, and audiovisual content in more than 60 countries. We identify and develop recording artists and songwriters, and we produce, distribute and promote the most critically acclaimed and commercially successful music to delight and entertain fans around the world.
 

How we LEAD:

This role will be responsible for all activities required to support Inventory Control processing, automation, improvement and reporting, working closely with the Warehouse and the UMG physical supply chain and D2C operations teams.

How you’ll CREATE:

Inventory Control

• Process various inventory movements on request, ensuring appropriate approvals and documentation maintained for audit trail.
• Verify that inventory transactions are reported accurately and in a timely manner
• Analyze and investigate inventory variances
• Request and reconcile adhoc cycle count requests across all D2C warehouses
• Maintain all stock reports at month end for across all warehouse management systems for all eCommerce locations.
• Reconcile stock holdings across multiples warehouses and businesses on a monthly, quarterly and annual basis.
• Reconcile eCommerce returns in process and reworks of Finished Goods
• Review inventory comparison reports for Finished Goods, Components and eCommerce and work with key teams to resolve significant issues.
• Processing monthly eCommerce inventory sales movements
• Assist with high priority release receiving too ensure product is received in time for street date.
• Assist in efforts to report, manage & dispose of excess & obsolete inventory.
• Other Inventory tasks as required.

Reworks and Defective product

• Process all rework requests, raising purchase orders and liaising with labels, PTP release managers and Vantiva to ensure process in completed correctly and promptly.
• Ensure all reworked goods are received back into Vantiva and S4 in a timely manner
• Identify defective product issues, photograph and liaise with appropriate parties to determine course of action to correct.

Consignment accounting

• Assist with Complex pop-up store statements review
• Organize pickup of and rework of returns
• Reconcile consignment pop-up store inventory and return to stock on completion

Audits

• Assist with individual product cycle count reviews and adjustments.
• Assist with 3rd party label audits & reconciliations.
• Assist with year-end external audit stock count and adjustment requests.
• Assist with internal audit stock count, adjustment requests & reconciliations.

Strategic Process Improvement & Compliance

• Participate in the evaluation of current Inventory Control systems recommending enhancements and modifications.
• Develop, evaluate, document, and improve department / inter-department processes and implement recommendations.
• Ensure inventory control procedures are followed and comply with internal and external requirements.

KPI Reporting

• Responsibility for the development and utilization of reports and appropriate performance indicators.
• Implement balanced scorecards monitoring inventory levels, obsolescence & discrepancies.

Bring your VIBE:

Domain Expertise and Leadership

• Significant hands-on experience using a modern ERP system and identifying process improvements.
• Demonstrated understanding of inventory and cost accounting
• Demonstrated ability to effectively review and analyse inventory related reports.
• Previous experience with robotic process automation or a willingness to learn.

Interpersonal & Teamwork Competencies

• Interpersonal flexibility and ability to collaborate across levels, teams, with external partners on an international basis.
• Embraces teamwork; shares ideas / methods to improve performance.

Communication Skills

• Proven, verbal, written and presentation communication skills and the ability to present ideas and problem solve effectively with varying groups of people.
• Expresses written ideas, thoughts, or facts in a clear, convincing, and organized way.

Analytical Skills

• Strong ability to reconcile inventory data and analyze trends, make educated conclusions and provide recommendations in a clear and concise manner.

Experience:

• 2-3 years within supply chain operations or inventory control preferably in the Media, Entertainment, Branded Product, Merchandise or Consumer Package products segments. Omni channel fulfillment experience will be a big plus.
• Supply Chain knowledge with solid understanding of inventory Key Performance Indicators and Operation Excellence initiatives, Supply Chain Processes and Systems
• BA/BS in Accounting, Business, Supply Chain or related field; or equivalent experience  

Perks Playlist:

• Be part of an entrepreneurial, global organization that values authenticity, drive, creativity, relationships, and a competitive spirit

• Comprehensive medical, dental, vision, and FSA options, as well as:

  • 100% coverage for out-patient mental health services

  • Wellbeing reimbursements for fitness classes, spa treatments, meal services, travel, and so much more (up to $720/year)

  • A lifetime fertility support allowance of $30,000 to plan participants

  • Student Loan Repayment Assistance and Tuition Reimbursement

  • 100% immediately vested 401(k) match on the first 5% of your contribution on eligible compensation

• Variety of ways to prioritize much-needed time away from work including:

  • Flexible Paid Time Off (PTO) for exempt employees

  • 3-weeks PTO for non-exempt employees

  • 2-weeks paid Winter Break

  • 10 Company Holidays (including Juneteenth and Wellbeing Day)

  • Summer Fridays (between Memorial Day and Labor Day)

  • Generous paid parental leave for every type of parent

Check out our full overview of benefits on the Perks Playlist page of the career site.

Disclaimer: This job description only provides an overview of job responsibilities that are subject to change.

Universal Music Group is an Equal Opportunity Employer

We are an E-Verify employer in Alabama, Arizona, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, and Utah.

For more information, please click on the following links.

E-Verify Participation Poster: English / Spanish

E-Verify Right to Work Poster: English | Spanish

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