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Head of Inventory Management

2 months ago

Charleston, South Carolina, United States Vallen Full time

Why Choose Vallen?

At Vallen, we celebrate our unique qualities and the diverse contributions of our associates. We are committed to fostering an inclusive environment that prioritizes the development of our team members. When you become part of Vallen, you join a winning team dedicated to transforming careers through a robust network of connections. Vallen stands as a leader in providing adaptable supply chain solutions, creating value for our clients, suppliers, and associates alike.

Your Benefits at Vallen:

  • Comprehensive Medical, Dental, and Vision coverage
  • Generous paid time off including vacation, holidays, and sick leave
  • 401K plan with discretionary company matching (for US positions)
  • Employer-funded Basic Life Insurance for employees and their dependents
  • Employer-funded Short-Term and Long-Term Disability Insurance
  • Flexible Spending Accounts for Health Care and Dependent Care
  • Wellness initiatives through the Vitality Wellness Program
  • Access to Employee Assistance Programs
  • Networking and team-building through Employee Resource Groups
  • Tuition Reimbursement opportunities
  • Employee Referral incentives
  • Reimbursement for Safety Shoes and Safety Glasses
  • Discounts available through BenefitHub
  • Opportunities for career advancement.

Position Overview:

Vallen is in search of a proactive Director of Inventory & Purchasing to spearhead and manage the corporate Inventory and purchasing operations. This pivotal leadership position is accountable for ensuring that all systems, processes, and vendor partnerships for acquiring products, goods, and materials (both stock and non-stock) are in alignment with the organization's standards for pricing, quality, timing, and dependability.

Key Responsibilities:

Strategic Planning:

  • Engage in strategic planning, direction, and goal-setting for the department.
  • Formulate and execute policies, practices, and procedures that have a significant impact on the organization.

Inventory Oversight:

  • Manage inventory oversight activities and implement best practices with fiscal prudence.
  • Ensure inventory levels are optimized to meet demand while minimizing carrying costs.
  • Devise strategies for efficient inventory turnover and reduction of obsolescence.
  • Analyze inventory data to identify trends and opportunities for enhancement.

Process Enhancement:

  • Lead ongoing initiatives aimed at functional and/or system-related process improvements that contribute to the company's profitability.

Team Leadership:

  • Conduct interviews, select, hire, coach, counsel, and manage associates.
  • Uphold company policies, procedures, and productivity standards.

Quality Assurance and Cost Management:

  • Ensure purchasing activities adhere to quality standards and service level agreements while minimizing costs.

Cross-Departmental Collaboration:

  • Collaborate with functional leaders (e.g., Operations, Strategic Initiatives, Marketing, Vendor Relations, and Product Strategy) to manage preferred suppliers/vendors and contractual obligations.
  • Work with team leaders on escalated issues, providing guidance on root cause analysis and corrective action plans.
  • Partner with Finance on inventory control, valuation, physical inventories, and cycle counting.

Vendor Negotiation:

  • Collaborate with Sales, Marketing, and Product Strategy on vendor negotiations for Core Vendors.
  • Oversee vendor cost negotiations and approve new or unique terms and conditions for Non-Core Suppliers.

Budget Contribution:

  • Provide insights into the corporate budgeting process.

Qualifications:

A Bachelor's degree in a relevant field (e.g., Business, Finance, etc.) or equivalent experience is required. A minimum of 10 years of procurement-related experience is essential; CPM certification is preferred. Additional relevant experience should include:

  • Proven knowledge of Enterprise Resource Planning (ERP) and Inventory Management systems;
  • Strong staff management and development capabilities;
  • Mathematical proficiency for basic calculations;
  • Exceptional attention to detail, organizational, and execution skills;
  • Proficiency in MS Office applications;
  • Strong verbal and written communication abilities.

Work Environment & Physical Requirements:

Reasonable accommodations will be evaluated to enable individuals with disabilities to perform essential functions of this position.

  • This role operates in a professional office environment and routinely utilizes standard office equipment such as computers, phones, and photocopiers.
  • Long periods of time may be spent working on a computer and performing repetitive tasks.
  • Occasional evening and weekend work may be required as job duties demand.
  • Regular communication is necessary, and frequent sitting is required.
  • Occasional standing and walking may be necessary, along with the ability to lift and/or move up to 10 pounds.

Specific vision abilities required for this position include close vision and the ability to adjust focus.

Vallen is an Equal Opportunity Employer committed to diversity and inclusion.