Regional Inventory Analysis Manager

4 weeks ago

Houston, United States NOV Full time
JOB DESCRIPTION

The Regional Inventory Analysis Manager - Western Hemisphere role is indispensable for maintaining a well-balanced and efficient inventory system. Through comprehensive analysis, strategic planning, and robust support, the manager ensures that inventory levels are optimized, costs are controlled, and supply chain operations are smooth and responsive. This role not only contributes to immediate operational success but also supports long-term strategic goals by enhancing the overall inventory management process.

PRIMARY RESPONSIBILITIES

  • Support the supply chain operating models in assigned facilities related to the supply and manufacturing environments ETO, CTO, MTO etc.
  • Facilitate the Demand-Driven Operating Model (DDOM) by developing, implementing, and maintaining the model to align inventory strategies with demand variability and improve overall supply chain efficiency.
  • Facilitate monthly MIPS+ / DDOM Buffer Review process for assigned facilities.
  • Facilitate Modeling teams for Material Planning and Scheduling and Execution for assigned facilities.
  • Manage Planning and Scheduling master settings for assigned facilities.
  • Oversee Daily Management System in assigned facilities for materials and planning KPIs (quantitative and qualitative metrics).
  • Support guidelines, KPIs and standards by which the company's operational efficiency and effectiveness can be evaluated.
  • Provide thought leadership on supply chain planning processes.
  • Oversee and integrate the flow of materials and information among suppliers, operations/manufacturing, distribution, and customers.
  • Visit locations to ensure expectations are being met while using visits as opportunities to train and develop supply chain personnel.
  • Reviews industry technology trends: aggressively develop strategies, plans and schedules for process improvements and implementation of best practices. Drive continuous improvement initiatives to improve Flow across the supply chain.
  • Support a global design for demand rationalization where the global manufacturing sites can be loaded and utilized more evenly. Once established facilitate the demand and supply planning reconciliation for assigned Hemisphere.
  • Facilitate S&OP framework in assigned facilities.
  • Collate and analyze data to aid strategy formulation and decision-making.
  • Continually review all respective departmental procedures, practices, and processes to achieve optimum levels of efficiency.
  • Carry out other duties as and when business requirements dictate as may be reasonably expected by your supervisor.
  • Travel when required both domestically and internationally to support the goals of the business or project.
  • Generate and analyze over allocation reports to identify discrepancies and ensure inventory accuracy.
  • Conduct detailed analysis to monitor and improve inventory performance with assigned locations.
  • Design and implement buffer strategies to ensure inventory availability while minimizing excess stock.
  • Lead and participate in weekly inventory meetings to review current inventory status and address any issues.
  • Monitor and manage average stock turns to achieve targeted inventory turnover rates.
  • Provide ongoing support to various locations .by offering detailed information on inventory increases for Finished Goods, Raw Materials, and Work-In-Progress (WIP).
  • Develop and establish processes to ensure accurate lead times and inventory data management.
  • Assist locations with data mining and report extraction using Power BI, Incorta, or similar reporting solution to support informed decision-making.
  • Serve as the primary point of contact for field questions pertaining to inventory movements, providing timely and accurate information to address inquiries and resolve issues.
  • Assist in data cleanup and implementation efforts related to the Demand-Driven Operating Model (DDOM) to ensure data accuracy and effective model integration.
  • Develop and track key inventory metrics to ensure efficient inventory management and lower inventory levels.
  • Ensure all company policies surrounding purchasing, health & safety, quality requirements and housekeeping are met.
  • Fully accountable for achieving all relevant KPIs.


EDUCATION & EXPERIENCE QUALIFICATIONS

  • Bachelor's degree in a quantitative field such as Statistics, Mathematics, Computer Science, or related fields
  • 5+ years of relevant experience is preferred in lieu of degree.
  • Advanced knowledge of ERP Systems.
  • Advanced skills in Microsoft Office Suite and particularly Excel and Power Point.
  • Familiarity with some data visualization tools such as PowerBI, Tableau, Incorta, Cognos in an administrative capacity.
  • Experience in coordinating and managing projects related to inventory management and data cleanup.
  • Experience working with various departments and stakeholders to support inventory and supply chain initiatives.
  • Experience working within supply chain operations, understanding end-to-end processes.
  • Advanced skills in data mining, report extraction, and data visualization tools.
  • Experience with Demand-Driven Operating Model (DDOM) or similar Flow Based methodologies.
  • Experience with Lean, Theory of Constraints, and Six Sigma.
  • Demonstrated experience in process establishment and improvement for inventory and supply chain management.
  • Familiarity with industry-specific inventory challenges and solutions, especially in manufacturing, retail, or distribution sectors.


JOB REQUIREMENTS

  • Ability to pass a drug screen & background check.
  • Must be willing & able to be flexible with travel (10-20%) of the time.
  • Ability to manage multiple tasks and projects efficiently.
  • Strong problem-solving abilities to address and resolve inventory-related issues.
  • Attention to detail and a commitment to data accuracy.
  • Structured approach to the organization of report products.
  • Excellent communication and presentation skills, with the ability to effectively communicate technical concepts to non-technical stakeholders.
  • Be willing to provide colleagues with the information they need to complete their tasks and eliminate roadblocks (Informing Others).
  • Strong problem-solving abilities to identify and address inventory-related issues.
  • Adept at exercising good judgement (sometimes with incomplete information) whilst being constrained by tight deadlines.
  • Able to understand, work within and improve business processes based on immediate and future business needs.
  • Can be counted on to take personal responsibility in challenging situations.
  • Flexible and adaptable to changing business needs and environments.
  • Ability to lead meetings and take ownership of key processes like DDOM modelling and buffer design.
  • Will be tenacious in the pursuit of resolution and closure of issues.
  • Confident and professional when representing the company in person and in writing.
  • Is cognizant of organizational culture and politics, and appropriately adjusts personal style to be effective.


COMPETITIVE BENEFITS (visit usbenefits.nov.com for more information about our benefits offerings)

  • 401(k) Retirement Plan - NOV matches every dollar up to 5% of base pay and overtime for every dollar you invest.
  • Competitive medical plans that cover your entire family (yourself, eligible spouse, and eligible children) as of your first date of hire for as little as $139 per pay period (bi-weekly).
  • FREE preventative medical and dental care for the entire family (when enrolled in an NOV medical/dental plan and seeing an in-network physician).
  • FREE Basic Life and AD&D insurance (for full-time employees).
  • All regular full-time employees start with 3 weeks of paid vacation per year (prorated based on start date).
  • All regular full-time employees receive up to 11 paid holidays per year.

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