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Head of Inventory Management
2 months ago
Why Vallen?
At Vallen, we celebrate our distinctiveness and the diversity of our workforce. Our inclusive culture fosters the growth of our associates, making Vallen a place where you can build a fulfilling career. As a leader in flexible supply chain solutions, we are committed to delivering value to our customers, partners, and employees.
Your Benefits:
- Comprehensive Medical, Dental, and Vision coverage
- Generous Paid Time Off including vacation, holidays, and sick leave
- 401K plan with discretionary company match (for US positions)
- Employer-funded Basic Life Insurance for employees and their families
- Short-Term and Long-Term Disability coverage at no cost to employees
- Flexible Spending Accounts for healthcare and dependent care
- Wellness initiatives through our Vitality Program
- Access to Employee Assistance Programs
- Networking opportunities through Employee Resource Groups
- Tuition Reimbursement for professional development
- Employee Referral bonuses
- Reimbursement for safety footwear and eyewear
- Exclusive employee discounts via BenefitHub
- Opportunities for career advancement.
Position Overview:
Vallen is looking for an experienced Director of Inventory & Purchasing to lead our corporate inventory and procurement operations. This pivotal role ensures that our systems, processes, and vendor partnerships for acquiring products and materials meet our organizational standards for pricing, quality, timing, and reliability.
Key Responsibilities:
Strategic Leadership:
- Drive strategic planning and goal-setting for the inventory department.
- Formulate and enforce policies and procedures that significantly enhance organizational effectiveness.
Inventory Oversight:
- Manage inventory operations and implement best practices with a focus on fiscal responsibility.
- Optimize inventory levels to satisfy demand while minimizing holding costs.
- Develop strategies to enhance inventory turnover and reduce obsolescence.
- Analyze inventory data to identify trends and opportunities for improvement.
Process Optimization:
- Lead initiatives for functional and system-related process enhancements that contribute to profitability.
Team Leadership:
- Recruit, mentor, and manage team members.
- Ensure adherence to company policies and productivity standards.
Quality Assurance and Cost Management:
- Guarantee that purchasing activities comply with quality standards and service agreements while controlling costs.
Cross-Department Collaboration:
- Work closely with leaders across various functions to manage supplier relationships and contractual obligations.
- Assist in resolving escalated issues through root cause analysis and corrective action planning.
- Collaborate with Finance on inventory control and valuation processes.
Vendor Management:
- Engage with Sales and Marketing teams on vendor negotiations.
- Oversee negotiations with suppliers to secure favorable terms.
Financial Planning:
- Contribute to the corporate budgeting process with insights on inventory management.
Qualifications:
A Bachelor’s degree in a relevant field (e.g., Business, Finance) or equivalent experience is required. Candidates should possess over 10 years of procurement experience, with CPM certification preferred. Additional qualifications include:
- In-depth knowledge of ERP and Inventory Management systems.
- Strong leadership and team development capabilities.
- Mathematical proficiency for analytical tasks.
- Exceptional attention to detail and organizational skills.
- Proficiency in MS Office applications.
- Excellent verbal and written communication abilities.
Work Environment:
This position operates in a professional office setting and utilizes standard office equipment. Reasonable accommodations may be made for individuals with disabilities to perform essential job functions.
Stay connected with Vallen and explore our commitment to diversity and inclusion. We are an Equal Opportunity Employer, welcoming applicants from all backgrounds.