Inventory Reconciliation

About the Team

The Inventory Reconciliation Team performs audits of Lowe's Stores and DCs inventories and identify and resolve the Shrinkage caused due to various reasons. The specialist doing the audits are called Inventory auditors. Team performs audit of Stores or DCs after US team completes physical inventory audits. They are expected to resolve / reduce the shrinkage on inventory.

Job Summary :

• The primary purpose of this role is to perform audits of Lowe's inventories and identify and resolve the Shrinkage caused due to various reasons.
• The specialist doing the audits are called Inventory auditors. Auditors perform audits of Stores or DCs after US team completes physical inventory audits on every Wednesday.
• Physical Inventory managers update the system with their findings and post that Inventory auditors need to extract various reports and access various systems to get the data to perform the audits.
• The inventory auditor need to have an excellent auditing and analytical skills to understand the data recorded in the stores system and DCs and perform the audits.
• Should be able to understand the operational functions of the stores from ordering the product to selling it to the customer.
• Should be able to visualize and make good judgement of the store process in order to perform the audits.
• Should have a good communication skill to communicate with the stores team and be able to make them understand the requirements of the audits and also should be able to get the inventories corrected in case of discrepancies.
• Should be able to make stores team aware of the shrink situation of their store and should guide the store thoroughly to investigate and resolve the shrink.
• Should be very pro-active in approaching the stores team and getting the required rectification done on time on inventories and close the audits with accuracy.

Roles & Responsibilities :

Core Responsibilities :

Key Responsibilities

Years of Experience :

Education Qualification & Certifications (optional)

Required Minimum Qualifications :

Skill Set Required

Primary Skills (must have)

Secondary Skills (desired)

Skills Required

inventory accounting , shrinkage , Stock Audit, Inventory Analysis