Senior Inventory Specialist
6 days ago
The tgin Senior Inventory & Operations Specialist plays a critical role in managing and coordinating inventory planning, procurement, and supply chain performance. The ideal candidate brings at least 5 years of experience and will ensure that the tgin supply chain runs smoothly from sourcing raw materials to delivering finished goods, maintaining optimal inventory labels, and meeting production timelines. This hands?on role combines strategic planning with day?to?day execution and requires someone who can drive operational excellence, analyze complex data, and lead cross?functional initiatives.
Responsibilities:
Inventory & Demand Planning
- Maintain sales forecasts in partnership with the sales team and translate forecasts into NetSuite monthly demand plans.
- Monitor inventory daily to ensure 90?day stock coverage and take timely action to avoid out?of?stocks and overstocks.
- Monitor SKU performance and lead rationalization recommendations to reduce inefficiencies.
- Create, maintain, and improve documentation and SOPs for planning processes.
- Generate BOMs, work orders, purchase orders, and transfer orders in NetSuite and maintain master schedules.
- Foster and maintain strong, collaborative relationships with all vendors to ensure seamless operations and mutual success.
- Maintain visibility into co?manufacturer capacities and adjust schedules as needed.
- Manage domestic and international vendors to ensure timely deliveries.
- Track incoming inventory, drop?shipments, and quarantined stock; mitigate delays.
- Continuously solicit competitive bids and proposals from suppliers to ensure optimal pricing and value for all component purchases.
Operational Leadership
- Lead Sales, Inventory, and Operations Planning (SIOP) meetings, presenting inventory updates, insights, and KPIs to stakeholders and leadership.
- Execute and refine S&OP strategies to improve inventory turns and avoid stockouts.
- Collaborate with cross?functional teams (Sales, Finance, IT, Marketing, etc.) to align supply and demand strategies.
Data Analysis & Reporting
- Track and report on forecast accuracy, inventory performance, and operational KPIs.
- Analyze trends and adjust forecasts based on real?time sales data.
- Provide strategic input into product launches, capacity planning, and vendor performance.
Strategic Contributions
- Identify process inefficiencies and lead optimization initiatives.
- Support the rollout of new products with detailed supply chain planning.
- Participate in continuous improvement initiatives across procurement and logistics.
Requirements:
- Highly experienced inventory & operations specialist with 5+ years of experience, preferably in dynamic consumer goods industry.
- In depth NetSuite knowledge utilizing multi location inventory, advanced BOMs, assembly items, and advanced inventory management.
- Proven purchasing and procurement experience, including vendor negotiations, purchase order management, and sourcing strategies for both domestic and international suppliers.
- Strong understanding of supply chain purchasing cycles, lead times, and cost optimization strategies.
- Proven demand planning and forecasting experience as well as a make and buy business (manufacture goods as well as resale other purchased products).
- Solid understanding of key inventory performance metrics, turns, margin contributions, etc.
- BA/BS in Business Administration, Logistics, Supply Chain or a 4-year technical degree in related discipline.
- An inventory, demand planning, or supply chain degree or bona fide certification is a plus e.g. APICS Certified
- Advanced Excel Skills (VLOOKUP, Pivot Tables, Formulas)
- Excellent analytical, problem solving, planning skills and experience with the latest logistics & planning software.
- Strong organizational skills with high attention to detail.
- Ability to effectively manage changing and conflicting priorities and resolve appropriately.
- Highly self?motivated, excels working autonomously.
Physical Requirements:
- Prolonged periods sitting at a desk and working on a computer.
- Must be able to lift up to 25 pounds at times.
Work Location & Schedule:
- Onsite presence in Chicago
- Potential for hybrid schedule after successful onboarding and completion of probationary period.
As a woman?owned firm, we value diversity. We are an equal opportunity employer that will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, genetic information, or any other characteristic protected by law. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. Please contact us to request accommodation.
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