Inventory Management Specialist

2 weeks ago

Denver, Colorado, United States The Simply Good Foods Company Full time

POSITION OVERVIEW:


The Inventory Management Specialist plays a crucial role in ensuring optimal service levels for our clientele, orchestrating efficient manufacturing operations, maintaining finished goods inventory within set parameters, and proactively addressing potential obsolete stock for specific product categories.

This role involves developing production schedules, overseeing production orders, managing aging inventory initiatives, and guaranteeing that products are strategically positioned.


PRIMARY DUTIES:
Oversee fill rates and enhance inventory levels for designated product segments.
Serve as the main point of contact for Supply Chain Planning interactions with assigned external manufacturers.
Formulate, sustain, and disseminate weekly production schedules for specific external manufacturing facilities.
Coordinate inventory replenishment activities based on production timelines, existing stock levels, customer demands, forecasts, and supply planning criteria.

Evaluate inventory planning strategy metrics (lead-time, economic order quantity, and statistical safety stock) to improve customer service and manage working capital effectively.

Assist in identifying potential inventory challenges and communicate them to the relevant parties.
Collaborate across departments to resolve issues, utilizing analytical and planning expertise effectively.
Engage in weekly discussions with co-manufacturers or repack operations.
Establish and relay production priorities internally and externally during critical scenarios.
Identify and address capacity limitations to ensure operational effectiveness.
Promptly escalate capacity or production challenges to senior management for swift resolution.
Initiate ad hoc repack efforts as necessary to uphold high service standards.

Work collaboratively with customer service, logistics, warehousing, and co-manufacturing teams to enhance service levels and ensure accurate inventory data sharing.

Support weekly meetings to assess performance metrics, tackle issues, and align on inventory strategies.

SKILLS AND QUALIFICATIONS:
Strong communication skills with co-manufacturing and warehouse teams.
Analytical expertise in production scheduling, inventory oversight, and operational problem-solving.
Self-driven with a history of significant contributions.
Proficient in Microsoft Windows applications, particularly Excel and Access.
Excellent time management, prioritization, and organizational skills with a sharp eye for detail.

ESSENTIAL REQUIREMENTS:
Bachelor's degree in Supply Chain Management, Operations Management, Business Administration, or a related discipline.
Minimum of 2 years of experience in supply planning, inventory oversight, or similar roles within a manufacturing or consumer goods context.
Solid understanding of inventory management principles and supply chain operations.
Familiarity with ERP systems such as SAP, Oracle, or Dynamics 365.
Experience with advanced planning tools, such as Anaplan, for business planning and performance management.
Proven ability to thrive in a fast-paced and dynamic environment.

WORK ENVIRONMENT:
Work is conducted in a dynamic office setting and may involve high-pressure situations.

Position may require prolonged periods of sitting; manual dexterity is necessary to operate a keyboard, calculator, telephone, copier, fax machine, and scanner.


ABOUT THE SIMPLY GOOD FOODS COMPANY:
We are redefining the standards of food. We reject the ordinary and embrace the creation of superior nutrition. Our goal is to provide food that is not only nourishing but also enjoyable. Simply put, we aim to produce food that supports your well-being—nutritious and delicious. We are committed to quality, so you can focus on living well.

OUR VALUES:


We are dedicated to attracting, developing, and retaining a diverse workforce that fosters a sense of belonging throughout our culture and business practices.

We celebrate diversity and are committed to creating an inclusive environment for all employees.

OUR CORE VALUES INCLUDE:
Simply Bold
Simply Deliver
Simply Learn & Grow
Simply Together
Simply Kind

COMPENSATION AND BENEFITS:


The health, satisfaction, and well-being of our employees are paramount to us and integral to our organizational goals.

In this spirit, we are pleased to present the compensation for this role, which includes a base salary range and an annual short-term incentive.

The base salary range is: $65,000 - $75,000, exclusive of benefits or additional incentives. Additionally, this position is eligible for a 5% annual short-term incentive.

Final base salary compensation will be determined based on factors such as geographic location, skills, training, education, and/or experience.

Please note that hiring at the maximum of the compensation range is not typical to allow for future salary growth.

We offer a comprehensive total rewards package featuring competitive compensation alongside top-tier health and wellness options.

Our goal is to provide a benefits package that can be tailored to meet the diverse needs of each employee and their families.

Full-time employees and their eligible dependents have access to a range of benefits including medical, dental, and vision insurance, a company-paid health reimbursement arrangement, life and disability coverage, and a 401(k)-retirement plan, among others.

We also prioritize time-off benefits, offering vacation time, sick leave, flexible time off (for exempt positions), and paid parental leave.

Our office-based employees enjoy remote workdays for added flexibility.
The Simply Good Foods Company is an equal opportunity employer.

We do not discriminate based on race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local laws.

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