Inventory Management Specialist

6 days ago

Kalamazoo, Michigan, United States People Architects Full time

We are excited to partner with our client as we recruit for an Inventory Management Specialist.

Our client is a dynamic and rapidly growing D2C tech-enabled consumer products company building a global growth platform, acquiring and evolving e-commerce brands into household brands.

The Inventory Management Specialist will play a crucial role in planning, managing, and maintaining optimal inventory levels to meet sales demand while minimizing costs.

This role involves analyzing inventory data, forecasting demand, and collaborating with various departments to ensure efficient inventory management.

Key Responsibilities:

  • Monitor and maintain inventory levels to ensure sufficient stock is available to meet sales demand.
  • Analyze historical sales data and market trends to forecast future demand.
  • Collaborate with sales, marketing, and product development teams to incorporate market insights and promotional activities into demand forecasts.
  • Create and manage purchase orders based on inventory needs and demand forecasts.
  • Coordinate with suppliers to ensure timely delivery of materials and products.
  • Implement strategies to optimize inventory levels, reduce excess stock, and minimize stockouts.
  • Develop and maintain inventory models and safety stock levels to balance customer service and inventory costs.
  • Generate and analyze inventory reports to track key performance indicators (KPIs) such as In Stock % and Months of Stock.
  • Provide regular reports and insights to management on inventory status and trends.

Requirements:

  • 3-5 years of experience in inventory planning, supply chain management, or a related role.
  • Strong analytical skills with the ability to interpret data and make data-driven decisions.
  • Proficiency in inventory management software (e.g., SAP, Oracle, Microsoft Dynamics) and advanced Excel skills.
  • Excellent organizational and time-management skills.
  • Strong communication and interpersonal skills to collaborate effectively with internal teams and external suppliers.

The salary range for this position is $60,000 - $80,000 per year, depending on experience. We offer a remote work option and are committed to diversity and inclusion in the workplace.

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