Inventory Management Specialist

1 week ago


Ann Arbor, Michigan, United States Disability Solutions Full time
Job Overview

The Spares Inventory Analyst plays a crucial role in ensuring the smooth operation of our organization's supply chain. This position is responsible for managing spares inventory, monitoring volume and spend to meet operational goals.

Main Responsibilities:
  • Maintain and monitor overall inventory levels, costs, and stock positioning to align with organizational objectives.
  • Track and analyze inventory volumes and spending to ensure alignment with the budget and operational goals.
  • Collaborate with leadership to project and set inventory goals, ensuring sufficient inventory levels to support the business while avoiding stockouts.
  • Use historical data and trend analysis to forecast required inventory levels, adjusting as necessary based on business demands and market conditions.
  • Conduct detailed analysis of inventory by product category to understand why certain stock levels exist, identify imbalances, and develop corrective actions to optimize inventory.
Key Skills and Qualifications:
  • Bachelor's degree and a minimum of 2 years of related experience; or an advanced degree without experience or equivalent experience.
  • Experience with multiple aspects of sophisticated supply chain operations, including supply and demand management efficiency (upturn and downturns) and achieving cost reduction.
  • Determined, independent, yet a strong team player.
  • Creative, innovative, and resourceful with a passion for speed, agility, simplification, and proactive action.
  • Process-oriented with confirmed experience turning big data into important analyses that lead to actionable results for supply chain operations.

The estimated salary for this position is $85,000 per year, considering the company's competitive total rewards package, which includes medical, dental, vision, life insurance, and other benefits, as well as 401(K) matching, employee stock purchase program, student debt assistance, tuition reimbursement, development opportunities, financial planning benefits, wellness programs, paid time off, and paid company holidays.



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