Manager - Inventory Control - Newbury Rack at Nordstrom

Boston, Massachusetts, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

RetailIndustries

Requirements

Prior experience in a Rack Store is preferred (for Nordstrom Stores Roles); prior experience in a Nordstrom Store is preferred (for Nordstrom Rack Roles)
Proven success in current role and a strong track record of delivering results
The ability to develop and maintain productive relationships with store manager, area/regional manager, and other leaders
Excellent communication skills and strong team building skills
A talent for influencing others and leading change
Strong organizational, delegation and follow-through skills

Responsibilities

Lead, train & drive execution of inventory management best practices and standards throughout the store resulting in unit level accuracy
Coach and develop team to be productive and deliver the desired outcomes
Oversee the execution of Inventory Control functions
Deliver staffing/scheduling needs based on company forecasts and other resources to ensure the ability to execute inventory control activities – during normal cadence and key event timeframes
Manage labor expense and improve the individual and collective productivity of the team
Hire & retain top talent across all roles while building a bench for future roles
Effectively share business updates & initiatives with the team to streamline communication and change management
Create a fun and inclusive work environment to support an "ALL IN TO WIN" culture to achieve goals
Be a champion for continuous improvement
Support the customer experience across the market in a digital world by driving inventory accuracy standards

Skills

Inventory Management

Team Leadership

Staffing

Scheduling

Labor Management

Hiring

Team Development

Communication

Change Management

Organizational Skills

Delegation

Nordstrom

Retailer offering clothing and accessories

About Nordstrom

Nordstrom is a retail company that focuses on providing a wide range of clothing, shoes, and accessories for men, women, and children. The company operates department stores and an online platform where customers can shop for various brands and styles. Nordstrom emphasizes a strong customer service experience, encouraging employees to take initiative and develop their careers within the organization. Unlike many competitors, Nordstrom fosters a culture of leadership and personal growth among its staff, which contributes to a dedicated and motivated workforce. The company's goal is to create a positive shopping experience while also being committed to environmental sustainability and community support.

Seattle, WashingtonHeadquarters

N/AYear Founded

$16MTotal Funding

N/ACompany Stage

Consumer GoodsIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

Risks

Increased competition from online retailers like Amazon may impact Nordstrom's market share.

Economic uncertainty could reduce consumer spending on luxury items, affecting sales.

Expansion into international markets exposes Nordstrom to geopolitical and currency risks.

Differentiation

Nordstrom emphasizes employee empowerment and career growth within the company.

The company is committed to environmental sustainability and community support.

Nordstrom's experiential retail approach includes pop-up shops and exclusive collaborations.

Upsides

Nordstrom Rack is expanding with new locations in West End and Lubbock by 2025.

The Nordy Club enhances customer savings and loyalty through exclusive benefits.

Strategic collaborations, like with DXL Big + Tall, expand Nordstrom's customer base.

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