Manager - Inventory
Richmond, VA, United States3d ago
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Key details
- Location
- Richmond, VA, United States
- Work style
- Hybrid
- Level
- Senior
- Job type
- Full-time
- Experience
- 3–6 yrs
- Function
- Logistics & Transportation
- Focus area
- other
- Posted
- 3d ago
Skills
inventory managementinventory optimizationstocking
About the role
As the Manager - Inventory, you will be responsible for oversight and management of inventory for assigned locations to optimize investment while providing high-level service to customers.
Responsibilities:
- Monitors and adjusts order review points (ORP) and economic order quantity (EOQ) levels and makes appropriate stocking decisions.
- Standardizes and maintains inventory attributes for purchasing and inventory systems and databases.
- Monitors and utilizes reports, inventory applications and processes to achieve and exceed expectations of fill rate and on-time delivery objectives.
- Creates, implements, and executes inventory optimization plans and programs to achieve working capital objectives for asset management.
- Rationalizes and standardizes supplier base within assigned locations to increase preferred supplier utilization, and increase purchasing leverage.
- Reviews on-time deliveries, supplier fill rates, and error reports to evaluate supplier performance.
- Works to obtain improved performance from suppliers as warranted.
- Uses reports, applications, and programs to monitor and maintain stocking levels, make stocking decisions, conduct branch shuffles, supplier returns of excess and inactive inventory, disposal of inactive inventory through established procedures and policies, and minimize inventory write-offs.
- Assists in recruitment, selection, training and coaching of personnel.
- Develops and trains employees in activities related to job function requirements, including purchasing procedures, PC knowledge, quality system, etc.
- Provides strong leadership to personnel to meet and exceed performance objectives, encourage professional development to ensure future growth and reduce turnover.
Qualifications:
- Bachelors’ Degree in Supply Chain, or Business-related field required; Masters’ Degree preferred.
- APICS or ISM certification preferred; Lean – Blue / White / Yellow preferred.
- 3 years required, 5 years preferred of increasing responsibility in inventory management experience.
- 3 years required of supervisory or leadership experience.
- Knowledge of commonly used purchasing and inventory concepts, practices, and procedures.
- Strong interpersonal skills to demonstrate teamwork, leadership and flexibility while working with all levels of the organization.
- Strong written and verbal communication skills.
- Ability to organize and prioritize tasks to ensure completion.
- Strong mathematical, analytical, and computer skills.
- Strong time management skills.
- Ability to work independently, exercise good judgment, and find solutions.
- Ability to explain and teach policies, procedures, and practices.
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This amount is what we reasonably believe we will pay for the position; however, offer amounts may vary based on factors such as geographic location, relevant education, experience, qualifications, skills, shift, or any collective bargaining agreements.In addition, Wesco offers a benefits program for eligible employees, which may include paid time off, medical, dental, and vision coverage, and retirement savings plans. Additional details about benefits are available here.