Inventory Optimization Analyst, Lead

Lennox; Richardson (TX); On-site; USD 101,000 - 132,300; Full time

Benefits offered by this job

Tuition reimbursement

Medical, dental, and vision insurance

401(k) retirement plan

Paid time off

Flexible leave options

Job summary

A leading HVAC and refrigeration company is looking for an experienced Inventory Analyst in Richardson, Texas. The role demands expertise in statistical methods and inventory optimization to enhance supply chain processes. Candidates should possess a bachelor's degree and have at least 8 years of related experience. A master's degree is preferred. The position offers a competitive salary ranging from $101,000 to $132,300 annually along with outstanding benefits, including tuition reimbursement and comprehensive health insurance.

Qualifications

• 8+ years of related experience required, with strong supply chain management principles.
• Proficient in statistical analysis and inventory optimization tools.
• Strong communication and leadership abilities.

Responsibilities

• Optimize inventory parameter settings through statistical analysis.
• Lead the development of inventory management processes.
• Coordinate with planning teams to update inventory objectives.

Skills

Inventory optimization analysis

Statistical methods application

Leadership

Organizational skills

Interpersonal communication

Education

Bachelor's degree

Master's degree (preferred)

Tools

SAP ECC

SAP APO

Microsoft Office

SPSS

Minitab

Job description

Who We Are

Lennox (NYSE: LII) Driven by 130 years of legacy, HVAC and refrigeration success, Lennox provides our residential and commercial customers with industry-leading climate-control solutions. At Lennox, we win as a team, aiming for excellence and delivering innovative, sustainable products and services. Our culture guides us and creates a workplace where all employees feel heard and welcomed. Lennox is a global community that values each team member’s contributions and offers a supportive environment for career development. Come, stay, and grow with us.

What Drives Success

As a team lead, this analyst is responsible for the expert application of statistical and qualitative methods to optimize inventory settings, policies and practices.

Duties Include, But Are Not Limited To

• Apply expert statistical analysis and business knowledge to optimize inventory parameter setting.
• Lead the development of inventory management policies and processes and ensure implementation across locations.
• Develop and ensure store stock assortments are maintained.
• Develop standards to track and monitor inventory results relative to objectives.
• Provide leadership in coordinating with supply and demand planning to update key inventory parameters that drive the planning and execution systems.
• Ensure the communication and validation of strategic inventory assortment and working capital objectives.

What We Are Looking For

• Requires a bachelor's degree or an equivalent combination of education and experience. Requires at least 8 years related experience. A master's degree or equivalent is preferred.
• Excellent leadership and organizational skills. Broad business acumen.
• Expert at inventory optimization analysis and best practices.
• Expert application of appropriate statistical methods to large data sets.
• Understands how decisions impacts sales, attrition, working capital, and costs.
• Expert understanding of Supply Chain Management principles. Excellent decision-making and problem-solving skills. Excellent continuous improvement skills.
• Strong interpersonal and communication skills.
• Ability to recruit, interview, select, and develop professional team members.
• Ability to motivate employees.
• Proficient in standard Microsoft Office applications (Word, Excel, PowerPoint, and Access).
• Strong functional knowledge of SAP ECC master data requirements.
• Working knowledge of SAP APO or equivalent.
• Able to define configuration parameters for inventory optimization technology toolsets (SO99, i2, Manugistics, etc.).
• Expert application of standard statistical technology packages (SPSS, Minitab, etc.) output to define settings within inventory optimization software.
• Able to configure software to optimize multi-echelon inventory networks.
• Able to define and configure parameters for lot size optimization within technology toolset.

What We Offer

Compensation

This is a salaried exempt role. The starting salary range for this role and market is between $101,000 - $132,300 annually. Factors that may affect starting salary include geography/market and the skills, education, experience, and other qualifications of the successful candidate. Employees in this role are also eligible for an annual bonus in accordance with the terms of the Company’s applicable plan. Employees in this role are not eligible for overtime.

Benefits

Subject to applicable eligibility requirements, the following benefits are offered for this role: tuition reimbursement; medical, dental, and vision insurance; prescription drug coverage; 401(k) retirement plan; short-term disability insurance; 8 weeks paid birthing leave; 2 weeks paid bonding leave; life and long-term disability insurance.

Depending on date of hire, and subject to applicable eligibility requirements, new employees in this role also receive up to: 12 days paid time off, 2 paid well-being days, 1 paid volunteer day, 12 paid holidays, and 3 floating holidays per year.

Our Culture

At Lennox, our Core Values of Integrity, Respect & Excellence are ingrained in the fabric of the organization. They define our culture – which is about how we do business and how we treat others. Lennox is not just a workplace; we are a global community that values each team member’s contributions. As an equal opportunity employer, we are committed to recruit, develop, and retain talented individuals from a wide range of backgrounds, ensuring that everyone has the opportunity to succeed and contribute to our continued growth and success. At Lennox, you’ll take pride in our brands, knowing you are part of something special. Come, stay, and grow with us!

Disclaimers: The compensation and benefits information is accurate as of the date of this posting. Lennox reserves the right to modify this information at any time, with or without notice, subject to applicable law.