Inventory Management Specialist
3 weeks ago
We are seeking a highly skilled Inventory Manager to oversee and optimize inventory processes at our Schaumburg, IL location. As a key member of our team, you will ensure the availability of spare parts to meet customer demand and business growth targets.
Key Responsibilities:- Develop and maintain forecasting models to optimize parts availability and stock levels, collaborating with the central parts planning team.
- Propose stock orders based on forecasts and urgent customer needs from the global inventory network.
- Create and manage yearly inventory budget plans, and track monthly operational inventory targets, implementing corrective measures when needed to control storage costs.
- Implement pricing policies and analyze price changes to maintain profitability, while processing pricing escalations.
- Evaluate and report key performance indicators (KPIs) such as availability, inventory turnover, and pricing metrics to management.
- Degree in Supply Chain Management, Business Administration, Statistics, or a related field.
- Proven experience in inventory management, demand forecasting, and supply chain optimization.
- Strong analytical skills, with expertise in statistical and mathematical modeling.
- Proficiency in Microsoft Excel and other data analysis tools (experience with SAP material planning is a plus).
- Ability to analyze data, identify trends, and make informed decisions.
- Strong communication and interpersonal skills for effective collaboration across teams.
- Competitive salary based on experience.
- 401(k) plan.
- Health, vision, and dental insurance.
- Life insurance and short-term disability.
- Paid time off (vacation, sick time, and holidays).
- Employee referral program.
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