Inventory Management Specialist

1 week ago

Haltom City, Texas, United States Southwest ADI Full time
Job Title: Inventory Manager

Southwest ADI is seeking a highly skilled Inventory Manager to join our team. As an Inventory Manager, you will be responsible for ensuring effective demand and supply planning, inventory procurement and management.

Key Responsibilities:
  • Develop and execute a comprehensive strategy to align sales forecasts and inventory levels with the company's financial goals and customer requirements.
  • Collaborate with cross-functional teams to review and analyze demand and supply data, identify gaps or issues, and develop action plans to address them.
  • Develop accurate demand forecasts based on historical data, market trends, customer insights, and sales input.
  • Drive the implementation of effective inventory management practices, including demand forecasting accuracy, safety stock optimization, and order fulfillment strategies.
  • Monitor inventory levels to ensure optimal stock availability while minimizing excess and obsolete inventory.
  • Develop strategies to improve inventory turnover and reduce holding costs.
  • Coordinate with Operations to develop production plans that meet customer demand and optimize resource utilization.
  • Ensure production schedules are aligned with forecasted demand and inventory targets.
  • Address production constraints and capacity issues to maintain delivery performance.
  • Develop and track key performance indicators (KPIs), such as forecast accuracy, inventory turns, stockouts, service level, and lead times.
  • Prepare and present reports and dashboards to senior management.
  • Identify and implement continuous improvement initiatives based on performance data.
Requirements:
  • Minimum of 5-7 years of experience in supply chain planning, demand planning, inventory management, or related roles.
  • Proven experience leading processes in a complex, multi-site/multi-line environment with advanced knowledge of processes, principles, and best practices.
  • Advanced NetSuite experience is a must.
  • Strong analytical and problem-solving skills with the ability to generate insights from data and propose effective solutions.
  • Excellent communication and interpersonal skills, with the ability to influence and collaborate across functions and with stakeholders at all levels.
  • Strong project management skills and ability to manage multiple priorities.
Competencies:

Strategic Thinking, Problem Solving, Leadership, Collaboration and Teamwork, Change Management, Attention to Detail

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