Director of Inventory Planning and Optimization

Edmund Optics

Barrington (NJ)

On-site

USD 150,000 - 165,000

Full time

14 days+

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Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) match

PTO

Tuition reimbursement

Parental leave

Training & development

Job summary

Edmund Optics in Barrington, NJ is seeking a Director of Inventory Planning and Optimization to lead global inventory strategy and drive analytics-led decision making. You will partner with Operations, Finance and executives to balance service levels, cost and working capital while shaping tools and processes for scalable analytics and team growth.

The role emphasizes data-driven forecasting, tool optimization, and collaboration across multiple sites to improve forecast accuracy and inventory

Qualifications

Strong analytical and quantitative skills with forecasting experience.
Hands-on inventory planning experience with ERP systems (SAP/Oracle/NetSuite).
Experience improving working capital, inventory turns, and service KPIs.
Expert in analytics and reporting (Excel, Power BI, Tableau).
Leadership capability and cross-functional collaboration.

Responsibilities

Lead global inventory strategy to support service levels, cost efficiency and working capital.
Direct evolution of demand forecasting strategies, processes and systems.
Manage inventory planning tools and analytics platforms.
Establish and monitor KPIs including service levels, fill rates and turns.
Develop annual inventory forecasts for finished goods across sites.
Collaborate with Finance and Supply Chain to manage working capital targets.
Drive data-driven decision-making and identify risks and opportunities.
Lead end-of-life and excess inventory initiatives.
Implement process improvements for forecasting accuracy.

Skills

Analytical skills

ERP systems

Advanced analytics

SQL

Snowflake

KPI optimization

Supply chain processes

Leadership & collaboration

Education

Bachelor's degree in Supply Chain Management, Analytics, Finance, Operations

Master's degree preferred

Tools

SAP

Oracle

NetSuite

Job description

Director of Inventory Planning and Optimization

Job Locations: US-NJ-Barrington

Type: Full Time

Overview

The Director of Inventory & Optimization leads the company's global inventory strategy while remaining closely engaged in the analytical and planning work that drives decision-making. This role requires a highly analytical leader who is comfortable working with data, exploring models, and guiding the development of insights in a hands-on and collaborative way. The Director partners closely with Operations, Finance, and Executive Leadership to balance service levels, cost, and risk across the supply chain while driving continuous improvement in inventory performance. As the organization continues to evolve its analytics capabilities, this individual will play a key role in shaping tools, processes, and team capabilities-balancing strategic leadership with a practical understanding of how the work gets done.

Responsibilities

Lead the development and execution of the global inventory strategy to support company objectives for service levels, cost efficiency, and working capital objectives
Direct the evolution of demand forecasting strategies, processes, and systems to ensure accurate planning and alignment with sales and operational requirements
Manage and optimize inventory planning tools, software platforms, and analytics systems used to forecast and manage inventory across the organization
Establish and monitor key performance metrics, including service levels, fill rates, inventory turns, and shipping reliability, ensuring high levels of customer satisfaction
Develop and manage annual inventory forecasts for finished goods across all sales plants
Collaborate with Finance and Supply Chain executives to establish and manage working capital targets, including total inventory value and days of inventory by Sales Plant
Drive data-driven decision-making through advanced analytics, reporting, and modeling to identify risks, opportunities, and inefficiencies within the inventory network
Work closely with Finance and Supply Chain executives on end-of-life, excess, and scrap inventory initiatives to minimize financial exposure
Identify and implement process improvements, system enhancements, and best practices to increase forecasting accuracy and inventory efficiency
Ensure compliance with internal controls, audit requirements, and inventory management policies

Qualifications

To perform this position successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable Accommodations may be made to enable individuals with disabilities to perform the essential functions.

Required Skills & Abilities

Strong analytical and quantitative skills. with a solid understanding of statistical concepts and their application in forecasting and inventory optimization
Hands-on experience with inventory planning and ERP systems (e.g., SAP, Oracle, NetSuite, or similar platforms)
Expert in advanced analytics tools and reporting systems (e.g., Excel modeling, BI tools such as Power BI or Tableau)
Working knowledge of SQL or other advanced database programming preferred
Experience working with Snowflake or similar cloud-based data platforms a plus
Demonstrated success improving working capital, inventory turns, and service level KPIs
Strong understanding of supply chain processes, including S&OP, production planning, and demand/supply balancing
Ability to engage directly with data and analysis, guiding and validating outputs while supporting team execution
Excellent leadership, communication, and collaboration skills with the ability to translate data into clear, actionable business recommendations
Comfort operating in an environment where analytics capabilities are evolving, with a willingness to help build and mature processes over time
Optics and optical industry knowledge a plus
Comfortable in a multi-cultural/global environment
Strong customer focus
US Citizenship or permanent residence required

Education/Experience

Bachelor's degree in Supply Chain Management, Analytics, Finance, Operations, or a related field (Master's degree preferred)
10+ years of experience in inventory management, supply chain planning, or operations
5+ years of leadership experience managing teams and cross-functional initiatives
Proven experience in demand planning, forecasting, and inventory optimization in a complex, multi-location environment

Physical Requirements

Ability to operate office equipment such as a copier; ability to sit or stand for long periods of time; work in office setting. Ability to travel 10-20%.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Think you meet some of the requirements but not all? Studies have shown that women and people of color are less likely to apply to jobs for which they do not meet every qualification. If you see a role that interests you, we encourage you to apply, regardless of whether or not your experience is completely aligned with the job description. Edmund Optics is committed to becoming the most diverse, equitable, and inclusive workplace within the Optics and Photonics Industry and beyond. You may be a great candidate for this role or others within Edmund Optics.

Compensation Range Transparency

At Edmund Optics, we are committed to transparency and equity in our hiring practices. The posted salary range for this role reflects the expected base pay. The actual offer will be based on multiple factors, including but not limited to relevant skills, education, work experience, business needs, and geographic location.

Salary Range

$150,000 - $165,000 per year

Benefits