Inventory Optimization Specialist

Mcnaughton Mckay Group; Madison Heights (MI); On-site; USD 65,000 - 90,000; Full time

Job summary

McNaughton-McKay Group in Madison Heights, MI is seeking an Inventory Optimization Specialist to support the Materials Management team in maintaining optimal stock levels and efficient processes.

You will analyze inventory, collaborate with review teams, and manage vendor relationships while ensuring accurate item records and data for performance metrics.

Qualifications

• Bachelor's degree in business or supply chain management, or equivalent professional experience in materials, purchasing, or logistics.
• Strong organizational, analytical, and mathematical skills.
• Advanced proficiency in MS Office and business operating systems.
• Solid knowledge of inventory control and materials management.
• Excellent written and verbal communication skills.
• Commitment to ongoing professional development.

Responsibilities

• Help determine proper inventory levels to maximize customer service and profitability.
• Evaluate stock to decide what should be stocked or phased out.
• Collaborate with inventory review teams to support informed stocking decisions.
• Implement and maintain vendor-managed inventory programs.
• Ensure adherence to industry ethical standards.
• Maintain inventory controls, process exceptions, and communicate adjustments to purchasing.
• Perform regular maintenance of item records in the Trend system.
• Optimize inventory positioning across regions, sourcing both OAN and surplus stock.
• Support forecasting and project business planning.
• Assist in analyzing inventory for potential vendor returns.
• Ensure inventory settings are accurate and up to date.
• Collect data to support performance metrics reporting.
• Maintain minimum threshold functionality.
• Provide buyers with key information for decision-making.
• Continuously expand product knowledge through training and seminars.

Skills

Strong organizational skills

Analytical skills

Mathematical skills

Excellent written and verbal comms

Commitment to professional development

Education

Bachelor's degree in business or supply chain

Tools

MS Office

Trend system

Job description

Job Details: Job Location: Madison Heights, MI - 1357 E. Lincoln Ave - Madison Heights, MI 48071, Position Type: Full Time, McNaughton-McKay Group

Title: Inventory Optimization Specialist

Summary:
Support the Materials Management team in implementing and maintaining best practices for inventory management, ensuring optimal stock levels, efficient processes, and strong vendor relationships.

Key Responsibilities:

• Help determine proper inventory levels to maximize customer service and profitability
• Evaluate stock to decide what should be stocked or phased out
• Collaborate with inventory review teams to support informed stocking decisions
• Implement and maintain vendor-managed inventory programs
• Ensure adherence to industry ethical standards
• Maintain inventory controls, process exceptions, and communicate adjustments to purchasing
• Perform regular maintenance of item records in the Trend system
• Optimize inventory positioning across regions, sourcing both OAN and surplus stock
• Support forecasting and project business planning
• Assist in analyzing inventory for potential vendor returns
• Ensure inventory settings are accurate and up to date
• Collect data to support performance metrics reporting
• Maintain minimum threshold functionality
• Provide buyers with key information for decision-making
• Continuously expand product knowledge through training and seminars

Knowledge, Skills, & Abilities:

• Bachelor’s degree in business or supply chain management, or equivalent professional experience in materials, purchasing, or logistics
• Strong organizational, analytical, and mathematical skills
• Advanced proficiency in MS Office and business operating systems
• Solid knowledge of inventory control and materials management
• Excellent written and verbal communication skills
• Commitment to ongoing professional development

Reporting:

Reports to: Inventory Management Supervisor

Direct Reports: None

Working Conditions:

Normal office environment

EEO/AA/M/F/Vet/Disability Employer