Vaco | Corporate Inventory Control Manager
6 days ago
Key Responsibilities:
- Inventory Management Strategy:
- Develop and implement inventory control strategies to ensure product availability and minimize stockouts or overstock situations.
- Conduct regular reviews of inventory policies, systems, and workflows to optimize accuracy and efficiency.
- Process Optimization & Efficiency:
- Lead initiatives to enhance inventory accuracy and process efficiency, including cycle counting, stock audits, and reconciliation procedures.
- Implement automation tools and technologies to streamline inventory control processes and improve real-time tracking.
- Standardize and document inventory processes across all locations to ensure consistency and accuracy.
- Collaboration & Cross-Functional Leadership:
- Partner with the Procurement, Sales, Logistics, and Operations teams to ensure smooth inventory movement and support organizational goals.
- Provide guidance and leadership to on-site inventory control teams at each distribution center, fostering a collaborative environment to achieve company-wide inventory objectives.
- Communicate inventory needs and issues to senior management, ensuring that key stakeholders are informed of inventory performance and challenges.
- Reporting & Analytics:
- Utilize advanced reporting tools and systems to generate accurate inventory reports and analyze trends in stock levels, turnover rates, and demand fluctuations.
- Provide insights and recommendations based on data to senior management for inventory forecasting and demand planning.
- Monitor and report on key inventory metrics, including turnover, shrinkage, and stock accuracy, ensuring compliance with company goals.
- Compliance & Risk Management:
- Work with Director of Safety for adherence to all regulatory, health, and safety standards related to inventory and warehousing practices.
- Oversee compliance with corporate inventory control policies and industry best practices, addressing discrepancies or risks promptly.
- Implement risk mitigation strategies to reduce inventory loss, shrinkage, and theft.
- Training & Development:
- Develop and deliver training programs for inventory control personnel to ensure knowledge of best practices, policies, and technology.
- Mentor and support the professional development of inventory control teams, providing coaching and feedback to improve performance. Qualifications:
- Education:
- Bachelor's degree in Supply Chain Management, Business Administration, Logistics, or related field (MBA preferred).
- Experience:
- Minimum of 7-10 years of experience in inventory management, logistics, or supply chain operations, with at least 5 years in a leadership role managing inventory for a multi-location distribution network.
- Experience in a large-scale distribution or retail environment, preferably in the hardware or consumer goods industry.
- Strong understanding of inventory management software (e.g., WMS, ERP systems) and proficiency with data analysis tools (e.g., Excel, BI software).
- Skills:
- Proven track record of driving improvements in inventory accuracy, reducing shrinkage, and optimizing supply chain performance.
- Strong leadership and team management skills, with the ability to motivate and guide cross-functional teams.
- Excellent communication, organizational, and problem-solving skills.
- Ability to manage multiple priorities in a fast-paced, dynamic environment.
- Familiarity with industry standards and regulations related to inventory management and distribution.
- Travel: Travel required to distribution centers (30% travel)
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