Sr Inventory Manager

About This Role

Optimize inventory levels and implement efficient tracking systems for a large-scale engineering, repair, and logistics company. This role involves policy implementation, inventory analysis, strategic planning, and driving P&L results.

Responsibilities

• Measure, analyze, and report inventory accuracy and variances, including reconciling and reporting system-to-system inventory balances and discrepancies
• Manage departmental daily P&L forecasting and analysis, as well as labor planning and scheduling
• Lead and mentor a team by providing guidance and support to ensure departmental goals are met
• Oversee inventory cycle counts, execute audits, and uphold streamlined stock management practices
• Proficient in MRP and ERP systems for inventory management, supporting and educating team members on their daily utilization
• Collaborate with the sourcing team to establish and implement optimal Min and Max levels for critical consumables to enhance operational efficiency
• Direct the implementation of a formal inventory control program in our 3PL distribution centers and ensure the execution of standardized inventory procedures
• Produce inventory performance reports, analyze trends for process improvements and cost savings, and present recommendations to senior management for strategic decisions
• Responsible for meeting or surpassing daily Key Performance Indicators (KPIs), with accurate reporting that consistently exceeds customer expectations
• Communicate effectively with Corporate management and customers to ensure adherence to Service Level Agreements (SLAs), meeting customer expectations, and promptly resolving any issues that may arise

Requirements

• 5+ years of experience as an Inventory Manager
• Strong analytical and numerical skills
• Ability to strategically analyze complex situations and formulate a well-considered plan
• Proven hands-on experience with ERP/MRP systems
• Comprehensive knowledge of inventory control principles and methodologies
• Prior accountability for managing high-value, high-volume inventory
• Highly skilled in managing a challenging workload, prioritizing tasks, and meeting deadlines
• Familiarity with global supply chain
• Exceptional leadership and interpersonal skills
• Advanced understanding of Project Management principles
• Capacity to engage with customers in a professional manner
• Overall understanding of forecasting and budgeting
• Strong problem-solving abilities and decision-making skills
• Advanced proficiency in inventory management software and Microsoft Office applications
• Familiarity with OSHA regulations and standards

Qualifications

• Bachelor’s degree preferred in a related field or equivalent hands-on experience
• 5+ years of experience as an Inventory Manager (preferably in a high-volume, fast-paced production, manufacturing, distribution, warehousing or service environment)

Nice to Have

• Experience working with UKG and Kronos
• Experience in supervising temporary staff

Skills

* Required skills

Benefits