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Inventory Manager

Inventory Manager

CompanyFortune Brands
LocationHighland Park, IL, USA
Salary$Not Provided – $Not Provided
TypeFull-Time
Degrees
Experience LevelSenior

Requirements

  • Minimum of 5 years of experience in supply chain operations, including experience in demand/supply planning and inventory management.
  • Strong project management background.
  • Demonstrated team and influential leadership.
  • Detailed knowledge of MRP/DDMRP systems and processes.
  • Strong analytical capability and use of data to influence action.
  • Strong verbal and written communication.
  • Passion for inventory optimization.

Responsibilities

  • Meet inventory and WCE Targets; partner with finance to develop OP and drive accuracy of monthly forecasting cycle.
  • Create KPIs and inventory governance policy for the business.
  • Lead safety/buffer stock strategy and execution.
  • Identify areas of inventory optimization opportunity; establish and execute project funnel.
  • Prepare detailed reports on inventory operations, adjustments, and trends.
  • Create programs and processes to deal with Obsolete and Slow-Moving Inventory (OSMI).
  • Build and lead a high-performing team.
  • Foster a collaborative and agile work environment.
  • Drive the transition from Materials Requirements Planning (MRP) to Demand-Driven Material Requirements Planning (DDMRP).
  • Manage materials planning systems and processes; ensure accuracy of data (MDM), optimization of configuration, and process compliance.
  • Support key supply chain initiatives and scenario planning.
  • Devote a significant portion of your time to managing inventory reduction projects and programs.
  • Use your project management skills to streamline processes and enhance efficiency.

Preferred Qualifications

  • Experience with SAP or Oracle is strongly preferred.
  • Knowledge of Orchestr8 (O8) Demand Driven Planning System and/or DDMRP.
  • Lean Six Sigma, APICS Certified.