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Manager of Corporate Inventory

Company: Hager Companies
Location: Saint Louis
Posted on: August 7, 2022

Job Description:

Job DescriptionPosition SummaryManage the Sales and Operations Planning process and coordinate product specific meetings. Lead inventory strategy for the company. Map and lead a plan for optimizing inventory. Analyze current parameters and apply appropriate techniques to drive optimal inventory. Job Functions

  • Generate the monthly shipment forecast by product line and reconcile with the item forecasts to guide the operations team to ensure appropriate inventory levels are produced and maintained to meet anticipated sales demand.
  • Incorporate modeling, situation analysis, problem diagnosis, & operations analysis to support business decision making with financial analysis.
  • Monitor inventory performance & direct appropriate corrections to achieve targets.
  • Select appropriate replenishment strategies (weeks of coverage, review method, etc.).
  • Maintain ABC classification and implement necessary changes.
  • Lead the S&OP process to review forecast and production/purchasing plans to get agreement on supply strategy from all departments involved.
  • Set frequency and oversee old order review and clean up.
  • Maintain safety stock (idem) for forecasted A items.
  • Maintain reorder point (idem) for non-forecasted B items.
  • Analyze the quality of the inventory and initiate the review and disposition of non-moving or slow-moving inventory.
  • Work with Production Planning, Supply Chain, and Customer Service staff as needed to handle out of stock conditions and long lead time situations.
  • Other related duties as required.Position Qualification RequirementsEducation: Bachelor's degree in business administration or related field, or equivalent combination of work experience and education. CSCP certification is required. Six Sigma/Lean Green or Black Belt is preferred.Experience: Minimum five years' experience in an inventory management role, preferably in a manufacturing environment. Must have experience in establishing inventory planning parameters.Skills/Knowledge: Must have excellent verbal, written and interpersonal communication skills. Ability to adapt and implement change/best practices. Problem solving, negotiation, analytical and process improvement abilities are critical. Proficiency with Microsoft Suite and Power BI. Knowledge of technical industrial purchasing principles.Travel: Ability to travel approximately 20% of the time, both domestic and international.Physical Activities/Demands: Normal office environment which requires the ability to sit, stand, walk, talk, hear, and see. May involve the ability to lift, carry, push, pull or otherwise move objects of up to 15 to 20 pounds, infrequently.

Keywords: Hager Companies, St. Louis , Manager of Corporate Inventory, Professions , Saint Louis, Missouri

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