Inventory Manager
5 days ago
**Required Skills**:
- inventory management : 4 to 5 years
- warehousing : 3 to 4 years
- production : 4 to 5 years
- Key Performance Areas
- Collaboratively manage a team.
- Set effective performance and development objectives for your team members
- Ensure business requirements are met through judicious deployment of resources and in-line with PFG’s overall Business Continuity objectives
- Actively participate in rationalizing inventory management rules across multiple departments
- Enable utilization of a diverse set of data to build and pilot Proof of Concept (POC) projects to optimize inventory
- Oversee development and implementation of audits to continuously assess inventory health across various departments
- Drive inventory compliance through the business, from Cycles counts, stock counts and overall stock management process and protocols
- Provide the necessary support to enable effective governance of inventory management rules, including definition of inventory categories and ownership matrices
- Engage in setting strategic goals for managing inventory at all levels of the enterprise
- Take ownership for various inventory tracking reports and their respective KPIs
- Help set data quality requirements to enable and maintain an effective executive oversight for inventory management throughout the enterprise
- Act as a point of contact for orchestrating enterprise efforts in digital transformation of inventory management activities within the Supply Chain Management Group.
- Build and maintain relationships with internal stakeholders to form a deep understanding of their current and future needs pertaining to their strategic inventory goals
- Institutionalize corrective actions and report quality issues by overseeing improvement on work instructions, business processes, and policies that affect the inventory lifecycle
- Be a provider of Data Intelligence to support the initiatives of various departments in their ongoing efforts to improve enterprise inventory health along their strategic roadmap
- Facilitate the adoption of aligned and efficient business and system processes
- Managing and controlling offsite inventory to the same rigorous standards as the onsite inventory held in Spring facility
- In this role you are required to identify and assess complex problems for area(s) of responsibility
- You will create solutions for situations in which analysis requires in-depth knowledge of organizational objectives
- You will need to have an innovative and transformation mind-set to identify improvement opportunities to optimize processes, decrease costs and increase client value
- The position is responsible for Maintaining capacity plans, review production schedules and/or finite schedules to ensure the efficient delivery of inventory, service and cost objectives within the inventory realm of the business.
- Manage and control finished goods inventories for assigned items to achieve the company's financial targets along with utilizing old age reports to determine action required to initiate salvage sale or disposal of product
- Participate in department and company initiatives requiring the expertise of an Inventory manager. Activities could include but are not limited to warehouse layout, new product introduction, Stock classification, supply chain inventory optimization opportunities, or business process initiatives.
- The implementation of world class manufacturing principles in line with the program selected by the company.
- Ensure that controls are in place to manage all documented business processes and resources consistently and effectively.
- Responsible for the development of Shift Leaders, Crew leaders and operators through effectively executing the workplace skills plan (WSP).
- Manage and control costs in line with the Finance budget targets
- Ensure the administration of time and attendance, approval of overtime and leave rosters is done in line with work requirements to avoid delays and standing times.
People Management
- Coach, manage and develop Inventory staff and team leaders to optimize performance and meet targets and deadlines
- Communicate with inventory staff on a regular basis to make them aware of priorities, targets and operational requirements
- Ensure effective Inventory operations by implementing department policies and procedures
- Set department objectives/KPIs and review and assess on-going performance of direct reports
Relationship Management
- Work as part of the Management team to share ideas and improve operation, recommending, supporting, and implementing continuous improvement activities and process and procedure improvements to optimize results and improve quality of delivery, in line with quality standards requirements and customer deliverables
- Develop and maintain strong relationships with internal and external stakeholders to ensure optimal performance
- Work collaboratively, negotiate and engage with key stakeholders to facilitate delivery and compl
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