Position Overview: The Corporate Inventory Control Manager will be responsible for the oversight and management of inventory processes across our entire distribution network. This leadership role will be key in minimizing discrepancies, and driving continuous improvements in inventory management. The ideal candidate will have a strong background in inventory control within a large-scale, multi-location operation, and will work closely with senior leadership, logistics teams, and operations staff to implement best practices and maintain high levels of operational efficiency. Key Responsibilities:
- Inventory Management Strategy:
- Develop and implement inventory control strategies to ensure product availability and minimize stockouts or overstock situations.
- Conduct regular reviews of inventory policies, systems, and workflows to optimize accuracy and efficiency.
- Process Optimization & Efficiency:
- Lead initiatives to enhance inventory accuracy and process efficiency, including cycle counting, stock audits, and reconciliation procedures.
- Implement automation tools and technologies to streamline inventory control processes and improve real-time tracking.
- Standardize and document inventory processes across all locations to ensure consistency and accuracy.
- Collaboration & Cross-Functional Leadership:
- Partner with the Procurement, Sales, Logistics, and Operations teams to ensure smooth inventory movement and support organizational goals.
- Provide guidance and leadership to on-site inventory control teams at each distribution center, fostering a collaborative environment to achieve company-wide inventory objectives.
- Communicate inventory needs and issues to senior management, ensuring that key stakeholders are informed of inventory performance and challenges.
- Reporting & Analytics:
- Utilize advanced reporting tools and systems to generate accurate inventory reports and analyze trends in stock levels, turnover rates, and demand fluctuations.
- Provide insights and recommendations based on data to senior management for inventory forecasting and demand planning.
- Monitor and report on key inventory metrics, including turnover, shrinkage, and stock accuracy, ensuring compliance with company goals.
- Compliance & Risk Management:
- Work with Director of Safety for adherence to all regulatory, health, and safety standards related to inventory and warehousing practices.
- Oversee compliance with corporate inventory control policies and industry best practices, addressing discrepancies or risks promptly.
- Implement risk mitigation strategies to reduce inventory loss, shrinkage, and theft.
- Training & Development:
- Develop and deliver training programs for inventory control personnel to ensure knowledge of best practices, policies, and technology.
- Mentor and support the professional development of inventory control teams, providing coaching and feedback to improve performance. Qualifications:
- Education:
- Bachelor's degree in Supply Chain Management, Business Administration, Logistics, or related field (MBA preferred).
- Experience:
- Minimum of 7-10 years of experience in inventory management, logistics, or supply chain operations, with at least 5 years in a leadership role managing inventory for a multi-location distribution network.
- Experience in a large-scale distribution or retail environment, preferably in the hardware or consumer goods industry.
- Strong understanding of inventory management software (e.g., WMS, ERP systems) and proficiency with data analysis tools (e.g., Excel, BI software).
- Skills:
- Proven track record of driving improvements in inventory accuracy, reducing shrinkage, and optimizing supply chain performance.
- Strong leadership and team management skills, with the ability to motivate and guide cross-functional teams.
- Excellent communication, organizational, and problem-solving skills.
- Ability to manage multiple priorities in a fast-paced, dynamic environment.
- Familiarity with industry standards and regulations related to inventory management and distribution.
- Travel: Travel required to distribution centers (30% travel)