Job Summary
We are seeking a detail-oriented and experienced Inventory Manager to oversee and manage inventory levels at a manufacturing plant. The ideal candidate will be responsible for ensuring accurate inventory records, optimizing stock levels, minimizing excess or obsolete inventory, and coordinating effectively with procurement, production, and warehouse teams to support uninterrupted manufacturing operations.
Responsibilities
- Develop and implement inventory control policies, procedures and best practices.
- Monitor inventory levels of raw materials, WIP (Work-In-Progress), and finished goods to ensure adequate supply without overstocking.
- Coordinate with procurement and production teams to align material availability with production schedules.
- Set up process for cycle counts and coordinate with teams for conducting regular cycle counts and reconcile discrepancies between physical counts and system records.
- Ensure compliance with safety, quality, and regulatory standards in inventory handling and storage.
- Utilize ERP or inventory management systems (e.g., SAP, Oracle, NetSuite, WISE) for accurate tracking and reporting.
- Analyze inventory trends and generate reports on inventory metrics such as turnover rates, NPI, slow-moving stock, and obsolescence.
Drive improvements in Inventory Turns and contribute to Inventory Reduction initiatives of over $1 Million annually.
Lead and train warehouse and inventory control staff.Collaborate with finance for monthly, quarterly, and annual inventory audits and reporting.Qualifications :
Minimum Qualifications
Bachelor's degree in supply chain management, logistics, business administration, or a related field.Minimum of 5 years of inventory management experience in a manufacturing or industrial setting.Proficiency in ERP / MRP systems and Microsoft Excel.Strong analytical and problem-solving skills.Excellent organizational and communication skills.Knowledge of lean manufacturing or Six Sigma principles is a plus.Demonstrated success in improving Inventory Turns and achieving Inventory Reduction of over $1 Million.
Preferred Qualifications
APICS CPIM (Certified in Production and Inventory Management)CSCP (Certified Supply Chain Professional)