Total Loss Specialist

Job description

Description 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. It does require frequent travel. Core Responsibilities: 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 strateg...