Inventory Manager

Solomon's Path Logistics Management; Fort Worth (TX); On-site; USD 60,000 - 80,000; Full time

Job summary

A logistics management firm in Fort Worth seeks an Inventory Manager responsible for overseeing inventory management processes. The role includes maintaining inventory levels, negotiating with suppliers, and collaborating with Customer Service. Ideal candidates have at least 2 years of experience in inventory management, strong analytical skills, and proficiency in MS Office, particularly Excel. This position requires self-motivation, interpersonal skills, and meticulous attention to detail.

Qualifications

• Previous Buying or Inventory Planning Experience Required.
• 2+ years experience in Inventory Management or Supply Chain.
• Detail-oriented, organized, with strong analytical and math skills.

Responsibilities

• Manage proper inventory levels to meet customer demand.
• Negotiate pricing with supplier partners.
• Communicate with Customer Service regarding purchase orders.

Skills

Analytical

Technical Skills

Written Communication

Problem Solving

Teamwork

Business Acumen

Education

College Degree or relevant Business Experience

Tools

MS Office (especially Excel)

Job description

Summary

Responsible for overall inventory management for assigned suppliers. Maintaining proper inventory levels in all assigned warehouses, identifies and actively resolves slow-moving or short-dated inventory, maintains accurate cost records and forecast information, communicates with transportation management provider for delivery of inbound material, build solid bilateral communication lines with the suppliers, sales force, customer service reps and management.

Essential Duties and Responsibilities

• Manage proper inventory levels to meet customer demand.
• Effectively utilize forecasting software when applicable to determine need for purchasing.
• Regular evaluation of slow-moving, expired and obsolete inventory.
• Responsible for preparing, reviewing and placing orders.
• Provide communication to Customer Service regarding purchase orders including availability and communication of any delays.
• Prepare, issue, revise and monitor Purchase Orders making appropriate revisions as necessary.
• Ensure maintenance of purchasing records in the ERP. Appropriate and effective use of pop up notes.
• Provide feedback and input as appropriate for Supply-chain and cross-departmental meetings.
• Make recommendation to create or improve purchasing procedures in conjunction with business objectives and Customer Service excellence.
• Make recommendations and implement increasing inventory turns, reducing inventory costs and improving service quality.
• Negotiate and maintain detailed records of pricing for raw materials from supplier partners utilizing tools such as contracts and maintain existing supplier relationships.
• Meet with vendors when applicable.
• Communicate changes in market conditions to Sales Team.
• Work closely with Pricing department.
• Placing purchase orders for products, parts, material, components, and services.

Competencies

Analytical - Synthesizes complex or diverse information; collects and researches data; uses intuition and experience to complement data; designs workflows and procedures.

Design - Generates creative solutions; translates concepts and information into images; uses feedback to modify designs; demonstrates attention to detail.

Problem Solving - Identifies and resolves problems in a timely manner; gathers and analyzes information skillfully; develops alternative solutions; works well in group problem solving situations; uses reason even when dealing with emotional topics.

Technical Skills - Assesses own strengths and weaknesses; pursues training and development opportunities; strives to continuously build knowledge and skills; shares expertise with others.

Oral Communication - Speaks clearly and persuasively in positive or negative situations; listens and gets clarification; demonstrates group presentation skills and a good command presence; participates in meetings.

Written Communication - Writes clearly and informatively; presents numerical data effectively.

Teamwork - Balances team and individual responsibilities; exhibits objectivity and openness to others' views; gives and welcomes feedback; contributes to building a positive team spirit; puts success of team above own interests; able to build morale and group commitments to goals and objectives; supports everyone's efforts to succeed.

Business Acumen - Understands business implications of decisions; displays orientation to profitability; demonstrates knowledge of market and competition; aligns work with strategic goals. Significant level of experience in running a chemical distribution entity.

Qualifications

• Previous Buying or Inventory Planning Experience Required
• College Degree, some college or relevant Business Experience required
• Chemical Industry Knowledge Desired
• 2+ years experience in Inventory Management, Supply Chain or Chemical field
• Must be able to multitask
• Ability to organize work as required to meet customer demands or corporate demands
• Ability to prioritize work, determining what is critical and needs to be completed
• Self-motivated, honest, dependable and a high-level of integrity.
• Superior interpersonal skills.
• Detail-oriented, well organized and strong analytical and math skills.
• Inventory forecasting model development experience.
• Good PC and MS Office skills, especially Excel.
• Ability to read, analyze, and interpret general business correspondence.
• Effectively present information as necessary in written and spoken form.
• Able to treat others with respect and dignity, maintain confidentiality on sensitive issues.
• Able to effectively work in a team-based and quality driven environment, where all team members hold themselves mutually accountable.

Physical Demands

Reasonable accommodations may be made to individuals with disabilities to perform the essential functions.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.