Inventory Manager - Midland

Employer description

The Inventory Manager is responsible for managing the organization's inventory processes, including planning, coordinating, and overseeing all activities related to inventory control. The role involves maintaining optimal stock levels, minimizing costs, and ensuring that inventory records are accurate and up-to-date. The Inventory Manager works closely with various departments, including procurement, sales, and logistics, to streamline inventory operations and support business objectives. • Inventory Control: Develop and implement inventory management strategies and procedures to ensure accurate stock levels and minimize discrepancies. • Stock Management: Monitor inventory levels and coordinate stock replenishment to prevent overstocking or stockouts, ensuring timely availability of products. • Data Analysis: Analyze inventory data to identify trends, forecast demand, and make informed decisions about purchasing and stocking. • Vendor Management: Collaborate with suppliers to negotiate terms, manage lead times, and resolve any supply chain issues. • Process Improvement: Identify opportunities to enhance inventory management processes, including the use of technology and automation tools. • Reporting: Prepare and present regular reports on inventory status, turnover rates, and key performance indicators (KPIs) to management. • Team Leadership: Supervise and train inventory staff, fostering a culture of accuracy and efficiency in inventory operations. • Compliance: Ensure that all inventory practices comply with company policies and relevant regulations. • Cross-Functional Collaboration: Work closely with other departments, such as sales, production, and logistics, to align inventory management with broader business goals. • Maintain strong safety culture. • Advanced process mapping and analysis skills • Strong analytical and problem-solving capabilities • Excellent organizational and problem-solving abilities. • Strong communication and interpersonal skills. • High work ethic, dependability, and detail oriented. • Ability to lead and motivate a team. • Attention to detail and a commitment to accuracy. • May require occasional travel to supplier sites other company locations as needed • Bachelor's degree in supply chain management, business administration, or a related field. • Proven experience in inventory management or a similar role. • Strong analytical skills and proficiency in inventory management software and tools. • Experience with ERP systems (e.g., SAP, Oracle, JDE). • Certification in inventory management or supply chain (e.g., CPIM, CSCP). • Familiarity with lean manufacturing and just-in-time (JIT) inventory practices.