Inventory Optimization Manager
Core
Lead the development of a new inventory optimization direction for manufacturing components, building efficient approaches to manage stock levels, procurement budgets, and supply chain efficiency.
Role type
Inventory Optimization Manager (Supply Chain)
Builds
Optimized component inventory levels and procurement budgets for manufacturing
Domain
Manufacturing / Security Systems / Supply Chain
Required skills
Inventory planning, Material planning, Procurement planning, MRP planning, Budgeting, Data analysis, Excel (Pivot Tables, Power Query), BI tools, ERP/MRP systems, Cross-functional coordination
Preferred skills
Electronics manufacturing experience, Analytics automation
Technologies
SAP, MRP, Excel, Power BI
Responsibilities
Plan and optimize component inventory based on production needs and demand forecasts; Analyze inventory structure to identify and optimize excess or slow-moving components; Collaborate with Procurement, Production, and R&D to reduce excess inventory; Interact with MRP teams to calculate material needs and adjust plans; Formulate and approve component procurement budgets; Forecast inventory levels and balance production needs with purchases; Develop analytical tools and automate calculations; Forecast warehouse capacity needs; Initiate and implement process improvements in inventory management and budgeting.