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Inventory Management Specialist

2 months ago

Milford, Connecticut, United States FCP Euro Full time
Job Overview

FCP Euro is seeking a knowledgeable and motivated Supply Planner to enhance our dynamic team and embrace a new opportunity. Our objective in the supply chain is to effectively plan, source, procure, and deliver the appropriate products at optimal cost and quality to our clientele. This position is crucial to achieving that goal, fostering strong relationships with our suppliers, and ensuring that we maintain the right inventory levels to satisfy customer demand.

FCP Euro operates as an online retailer specializing in automotive parts, focusing on European vehicles. Over the past decade, we have consistently ranked among the fastest-growing private companies, reflecting our commitment to customer service and technological innovation.

Key Responsibilities:
  • Enhance service and inventory levels by SKU (with a significant SKU count exceeding 10K) across all locations within the supply chain network.
  • Anticipate demand influencers, including promotional events and seasonal variations, while validating demand signals for top SKUs.
  • Effectively manage system-generated supply alerts to ensure inventory optimization and prevent stock-outs or suboptimal sourcing.
  • Analyze scenarios to comprehend the effects of changes in demand, supply, and network assumptions.
  • Conduct proactive assessments to identify opportunities for preventing stockouts or inefficient sourcing, thereby protecting profit margins.
  • Collaborate closely with a global supplier network, focusing on long-term relationship development, capacity planning, and timely responses to supply disruptions.
  • Build strong partnerships with cross-functional teams to gather high-quality demand, supply, logistics, and financial inputs for a comprehensive inventory plan.
  • Communicate any production delays or supply risks effectively within the organization.
  • Deliver detailed service reporting, root cause analysis, and actionable insights to meet service objectives.
  • Identify inefficiencies and recommend improvements to streamline processes.
Qualifications:
  • Bachelor's degree or equivalent, preferably in a related field such as supply chain management, finance, engineering, or economics.
  • A minimum of 2 years of experience in supply and inventory planning within a high SKU count environment, with at least 1 year of experience using an MRP or Inventory Planning System.
  • Strong analytical and quantitative abilities to develop inventory models supporting a complex supply network.
  • Excellent collaboration and influencing skills.
  • Ability to thrive in a fast-paced, entrepreneurial setting.
  • Capacity to manage change effectively in response to fluctuating demands and decision-influencing factors.
  • Proficient in sourcing and analyzing data to make informed decisions.
  • A commitment to continuous learning and improvement.
  • Strong organizational skills, attention to detail, and ability to meet deadlines.
  • A supportive and communicative team player.
  • A positive attitude towards new challenges.
  • A sense of humor, balancing professionalism with a light-hearted approach.
Benefits:
  • Company-subsidized Medical, Dental, and Vision insurance.
  • 15 days of Paid Time Off (PTO), Company Holidays, and Floating Holiday time.
  • 401k plan with company contributions and matching.
  • Discounted rates on our catalog of European car parts.
Compensation:

The salary range for this position is between $70,000 - $90,000, based on experience, with total compensation potential of $80,000 to $100,000 annually.

FCP Euro is committed to providing equal employment opportunities and prohibits discrimination or harassment of any kind.