Senior Inventory Manager

6 days ago

Dallas, Texas, United States Neiman Marcus Full time

Job Summary

The Neiman Marcus Group is seeking a seasoned Senior Inventory Manager to lead our newly upgraded and expanded Fulfillment Center (FC) network. This is a high-visibility position reporting to the Vice President, Supply Chain.

Key Responsibilities

  • Drive in-stock levels by partnering with vendors to ensure adequate supply in both DC & Store locations.
  • Develop and execute processes and systems to effectively manage inventory performance.
  • Lead a team accountable for the successful execution of planning and forecasting of inventory for the fulfillment network.
  • Develop and communicate comprehensive department inventory strategies and processes in alignment with multiple channels, department plans, key inventory targets, and financial goals.
  • Create and execute strategies for the implementation of replenishment and inventory to achieve key financial outcomes while proactively identifying improvements.
  • Oversee the partnership with merchandise planning and wholesale strategies to meet financial goals and proactively change directions when needed.
  • Leverage reports and analytics to make recommendations in line with business strategy and goals.
  • Review buying multiples, minimums, replenished forecasts, lead times, and vendor performance to optimize inventory performance.
  • Coach, hire, and retain a team of Managers and associates within each building.

Requirements

  • Bachelor's degree in Business or related field.
  • 7+ years of proven and successful experience in Supply Chain knowledge and Inventory Management.
  • Deep understanding of Inventory Management principles and systems in any or all Retail, eCommerce, and Wholesale.
  • Deep knowledge of distribution, transportation, and supplier manufacturing principles.
  • Well-versed in financial inventory metrics.
  • Ability to operate both strategically and tactically in a high-energy, fast-paced environment.
  • Superior analytical skills, with the ability to dive in and quickly understand the root cause and identify scalable solutions.
  • Excellent business judgment, strong written and oral communication skills, and a practical, common-sense approach to getting things done.
  • A high degree of organization and ability to manage multiple, competing priorities simultaneously.
  • Ability to analyze and provide recommendations to drive sales and maximize inventory potential.
  • A strong sense of ownership over work and results.
  • Communicates effectively with all levels of the organization.
  • Excellent interpersonal and communication skills.
  • Expert & high level of proficiency with Microsoft Office, Excel, PowerPoint, and Access.

Preferred Requirements

  • Masters degree with a focus in Business, Supply Chain or Finance.
  • 10+ years of operational leadership experience in the Supply Chain field.
  • Oversee Inventory of $500m+.
  • Proficient at forecasting models, budget planning.
  • Experience with Lean Principles, Labor Management, and Manhattan WMS.
  • Position requires 20-30% travel.

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