.As the Senior Manager of 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 and economic order quantity levels and makes appropriate stock 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 stock levels, makes stock decisions, conducts branch shuffles, supplier returns of excess and inactive inventory, disposal of inactive inventory through established procedures and policies, and minimizes inventory write-offs. Manages FIFO inventory valuation with multi-currency purchases within countries. Develops analysis and calculations for setting minimum and maximum to right size, and optimizes inventory for customer SKUs. Incorporates customer forecasts into inventory requirements to ensure overstock and stock-out conditions are prevented. Coordinates with site personnel and customers globally to seek approval and implement inventory recommendations. Leads SKU rationalization across customer's multiple locations and stock locations within facility. Assists customer with categorization and attribution of inventory to identify critical, high usage, and obsolete and tie items to production equipment. Works with customers to provide value added service to disposition of obsolete and excess material from inventory. Assists customer in meeting inventory targets. Develops cycle count program to meet customer KPIs and organization's internal requirements. 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 and encourage professional development to ensure future growth and reduce turnover. Qualifications: Bachelor's degree in Supply Chain, business related required; Masters' Degree preferred. Increasing responsibility in inventory management - 5 years required; 8 years preferred.Knowledge of commonly used purchasing and inventory concepts, practices, and procedures
