Inventory Manager

JobSquad Florida; Savage (MN); On-site; USD 90,000 - 130,000; Full time

Job summary

JobSquad Florida seeks an experienced Manager of Inventory & Planning to balance forecasted demand with supply and meet revenue targets. You will lead a team to optimize the planning process across the enterprise resource planning system, improving service levels and on-time delivery.

You will partner with operations, commercial, and logistics to streamline production flow and minimize disruptions while driving cost-efficient material handling and inventory turns.

Qualifications

• Bachelor’s degree in Supply Chain or related field.
• 6+ years of experience in supply chain, planning, materials, or similar function.
• Experience with ERP, MRP and production planning fundamentals.
• Strong BI and data analytics skills.

Responsibilities

• Manage planning strategies to meet service levels and inventory objectives.
• Develop, execute, and monitor demand, supply and master production schedules.
• Establish robust SIOP processes and integrated master production schedules.
• Oversee movement of materials from receiving to delivery into production.
• Provide direction to materials and production scheduling teams.
• Collaborate with finance for accurate reporting and analysis.
• Drive continuous improvement using lean tools across planning functions.
• Coordinate with sales, marketing, finance and operations on material transitions.

Skills

Demand planning

Supply planning

Master production scheduling

Lean manufacturing

Project management

Communication

Data analysis

Education

Bachelor’s degree in Supply Chain or related field

Tools

SAP

Power BI

Tableau

Job description

The Manager, Inventory & Planning is responsible for managing the inventory management and operations planning process to effectively balance forecasted demand and supply to deliver targeted revenue goals, onsite on-time delivery KPI’s, and ultimately meet customer requirements. This individual will support communication between operations, commercial, and logistics teams to streamline production flow and minimize operations disruptions.

Responsibilities:

• Manage a team that develops, executes, and monitors planning strategies implemented within the enterprise resource planning system to meet service level and inventory objectives. This would include demand and supply planning, master production scheduling, and finished goods planning
• Establish a robust SIOP process along with an integrated master production schedule that ties in the supply and demand forecasts to improved production throughput, operational efficiency and OTD for our customers
• Oversees the movement of material and associated information from receiving through delivery to production
• Manage the inventory and operations planning process
• Provide direction and guidance to the materials and production scheduling teams
• Responsible for management of all raw, WIP, and finished goods inventory to support overall business objectives
• Maintain a strong working relationship with business partners in adjacent and supporting functions
• Lead the team in delivering improved business results in order fill rate performance, inventory turns, slow moving and obsolete inventory, and other metrics through rapid process improvements
• Provide early identification of problems, advise senior leadership of risks, and recommend options and/or corrective action
• Monitor team performance, provide feedback and development opportunities
• Collaborate with finance to ensure that relevant inputs are provided for successful financial reporting and analysis
• Utilize lean tools to develop and continuously improve standardized planning processes and collaborate with all functional areas to drive efficiency across the business
• Work closely with sales, marketing, finance, and operations to implement seamless material transitions or new product introductions with minimal obsolescence
• Responsible for inventory management to develop Plan for Every Part (PFEP) strategies to achieve target inventory turnover while minimizing negative customer impacts due to product shortage or delays
• Responsible for ensuring the demand plan, supply plan and production plans are integrated into a level-loaded master schedule that will optimize production efficiency
• Other Duties as assigned

Qualifications:

• Bachelor’s degree in Supply Chain or related field required
• 6+ years of experience in supply chain, planning, materials, or similar function related to Planning and Inventory Control in a similar production environment (machining and assembly)
• Experience in using Business Intelligence tools such as Power BI & Tableau
• Experience in data mining, analysis, and reporting
• Understanding of the application and concepts of Planning and Production Control fundamentals including MRP (SAP preferred), Inventory Management, Capacity Planning, Scheduling, and Lean Manufacturing
• Highly skilled in engaging teams to deliver results in a rapidly changing environment
• Strong project management leadership, knowledge, and skills, covering planning and execution, including ability to rapidly assess risk and identify/resolve issues
• Excellent verbal and written communication skills