Operations

Senior Inventory Manager

Looking to hire your next Senior Inventory Manager? Here’s a full job description template to use as a guide.

About Vintti

Vintti stands at the forefront of economically advantageous staffing solutions for US businesses. By facilitating partnerships between American companies and Latin American professionals, we offer a pathway to reduced operational costs without sacrificing quality. Our approach enables businesses to reinvest savings into core areas, fostering growth and enhancing overall market competitiveness.

Description

A Senior Inventory Manager plays a critical role in ensuring the smooth operation of a company's supply chain and inventory systems. They are responsible for overseeing the accurate and efficient management of inventory levels, forecasting demand, and implementing inventory control procedures. This position requires strong analytical skills, the ability to lead and train a team, and a deep understanding of inventory management software. Senior Inventory Managers collaborate with various departments to optimize processes, reduce costs, and ensure that products are available to meet customer demand while minimizing excess stock.

Requirements

- Bachelor's degree in Supply Chain Management, Logistics, Business Administration, or related field
- Minimum of 7 years of experience in inventory management or a related field
- Proven experience in a managerial or supervisory role overseeing inventory teams
- Strong understanding of inventory control procedures and best practices
- Proficiency with inventory management software systems, such as SAP, Oracle, or similar
- Excellent analytical and problem-solving skills
- Ability to analyze large sets of data and generate actionable insights
- Strong organizational and multitasking abilities
- Excellent communication and presentation skills
- Experience in conducting inventory audits and reconciling discrepancies
- Knowledge of safety standards and regulatory requirements related to inventory management
- Demonstrated ability to train, mentor, and develop junior staff
- Strong collaboration skills to work effectively with procurement, supply chain, warehouse, logistics, sales, and marketing teams
- Ability to work under pressure and meet tight deadlines
- High attention to detail and accuracy
- Strong proficiency in Microsoft Excel and other data analysis tools
- Experience with optimizing inventory turnover and minimizing holding costs
- Familiarity with demand forecasting techniques and practices

Responsabilities

- Oversee daily inventory operations and manage inventory staff
- Develop and implement inventory control procedures and best practices
- Monitor and reconcile inventory levels and address discrepancies
- Coordinate with procurement and supply chain for timely material delivery
- Conduct regular inventory audits to ensure record accuracy
- Analyze inventory data to identify trends and recommend improvements
- Prepare and present inventory reports to senior management
- Ensure compliance with safety and regulatory standards
- Supervise stock counting and organization during physical inventory counts
- Train and mentor junior inventory staff
- Coordinate with warehouse and logistics to optimize storage and distribution
- Implement and maintain inventory management software systems
- Address and resolve inventory shortages or overages
- Optimize inventory turnover to minimize holding costs
- Collaborate with sales and marketing to forecast demand and plan inventory

Ideal Candidate

The ideal candidate for the Senior Inventory Manager role will be a seasoned professional with a minimum of 7 years of experience in inventory management or a related field, and a proven track record in managerial or supervisory positions overseeing inventory teams. They will possess a strong educational background, with at least a Bachelor's degree in Supply Chain Management, Logistics, Business Administration, or a related field. This candidate will demonstrate an in-depth understanding of inventory control procedures, best practices, and regulatory requirements. They will exhibit exceptional analytical and problem-solving skills, with the ability to analyze large datasets and generate actionable insights for continuous improvement. Additionally, the ideal candidate will be highly proficient with inventory management software systems such as SAP, Oracle, or similar, and have strong proficiency in Microsoft Excel and other data analysis tools. They will excel in conducting inventory audits, reconciling discrepancies, and ensuring high levels of accuracy and attention to detail. The candidate will bring excellent communication and presentation skills, capable of preparing and delivering detailed inventory reports to senior management. They will showcase strong leadership qualities, with the ability to train, mentor, and develop junior staff, while effectively collaborating with cross-functional teams in procurement, supply chain, warehouse, logistics, sales, and marketing. Moreover, this individual will have a proactive approach to problem-solving, a customer-focused mindset, and a high degree of adaptability to changing priorities and environments. They will be technologically savvy, demonstrate resilience under pressure, and possess strong decision-making and negotiation skills. Above all, the ideal candidate will embody a continuous improvement mindset, a high level of integrity, and a strong drive to optimize inventory turnover and minimize holding costs.

On a typical day, you will...

- Oversee and manage the daily activities of the inventory staff
- Develop and implement inventory control procedures and best practices
- Monitor inventory levels and reconcile discrepancies
- Coordinate with procurement and supply chain teams to ensure timely delivery of materials and products
- Conduct regular audits to ensure accuracy of inventory records
- Analyze inventory data to identify trends and make recommendations for improvement
- Prepare and present detailed inventory reports to senior management
- Ensure compliance with safety standards and regulatory requirements
- Supervise the counting and organizing of stock during physical inventory counts
- Train and mentor junior inventory staff
- Coordinate with warehouse and logistics teams to optimize storage and distribution processes
- Implement and maintain inventory management software systems
- Address and resolve any issues related to inventory shortages or overages
- Optimize inventory turnover to minimize holding costs
- Collaborate with sales and marketing teams to forecast demand and plan inventory accordingly

What we are looking for

- Strong leadership and managerial skills
- Excellent strategic and analytical thinking
- Highly detail-oriented and accurate
- Proactive problem-solving approach
- Strong organizational and multitasking abilities
- Effective communication and interpersonal skills
- Ability to work collaboratively with cross-functional teams
- High level of integrity and ethical standards
- Adaptability to changing priorities and environments
- Proven track record of successful project management
- Ability to motivate and develop team members
- Resilience under pressure and ability to meet deadlines
- Strong decision-making capabilities
- Customer-focused mindset
- Technologically savvy with a strong grasp of inventory management software
- Continuous improvement mindset
- Strong negotiation skills

What you can expect (benefits)

- Competitive salary range, commensurate with experience: $90,000 - $120,000 annually
- Comprehensive health, dental, and vision insurance
- Retirement savings plan with company match
- Annual performance-based bonuses
- Generous paid time off (PTO) and holidays
- Flexible working hours and remote work options
- Professional development and training opportunities
- Tuition reimbursement program
- Employee assistance program (EAP) for mental health and wellness support
- Company-sponsored social events and team-building activities
- Opportunities for career advancement and growth
- Life insurance and disability coverage
- Transit and parking benefits
- Health and wellness programs, including gym membership discounts
- Employee recognition and rewards program
- Supportive and collaborative work environment

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