Total Loss Specialist

Position Overview

The Total Loss Specialist supports the Director of Total Loss by executing strategies to minimize losses and optimize profitability within a grocery retail setting. This role involves detailed analysis and management of inventory shrinkage, SKU rationalization, markdowns, and various loss prevention initiatives.

Core Responsibilities:

1. Loss Prevention Execution:

• Assist in implementing loss prevention strategies designed by the Director of Total Loss.
• Conduct SKU rationalization to ensure optimal inventory levels and space utilization in stores.

2. Shrinkage Analysis and Mitigation:

• Monitor inventory levels to identify areas of shrinkage in both dry and fresh product categories.
• Collaborate with store teams to develop and implement corrective measures and training.

3. Cash and Loss Management:

• Support efforts to manage cash on hand, preventing discrepancies and potential losses.
• Assist in tracking known and unknown loss metrics, employing data to identify trends and solutions.

4. Markdown Coordination:

• Aid in coordinating markdown processes, ensuring they align with overall loss prevention and sales strategies.
• Analyze sales data to provide insights into effective markdown practices.

5. Reporting and Support:

• Prepare detailed reports on loss prevention activities and assist in presenting findings to senior management.
• Use analytics tools to support data-driven decision-making efforts.

6. Collaboration and Communication:

• Work closely with various departments, including store management, finance, and operations, to support integrated loss prevention efforts.
• Communicate effectively with team members to foster a culture of proactive loss management.

Required Qualifications:

• Three years of experience in loss prevention or inventory management within the retail sector.
• Strong analytical and problem-solving skills.
• Excellent communication and collaborative abilities.
• Familiarity with loss prevention techniques and retail operations.

Preferred Qualifications:

• Store Manager in a grocery retail environment.
• Knowledge of inventory management and SKU rationalization.
• Proficiency in using retail analytics software.

Why Join Us? At Houchens Food Group, we value our employees and are committed to their growth and success. We offer competitive salaries, comprehensive benefits, and a supportive work environment.

The company has reviewed this job description to ensure that essential functions and basic duties have been included. It is not intended to be construed as an exhaustive list of all functions, responsibilities, skills, and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate.

Houchens Food Group is an equal opportunity employer. Hiring decisions are made without regard to race, color, sex, national origin, religion, disability, or pregnancy. Applicants may request accommodations based on religious beliefs, disability, or pregnancy.