Director of Inventory Management and Procurement

  • 51790
  • 26 Feb 2020
  • Atlanta, GA
  • Manufacturing
  • $90,000 - $125,000
  • Jonathan Balun

Job Description

Director of Inventory Management and Procurement

We are a North American distributor of process materials, production supplies, specialty wire and cable and value-added fabricated parts for the electrical OEM, motor repair and assembly markets.

Our culture is highly innovative, collaborative and focused on building and maintaining relationships that allow us to surpass our customers’ expectations. We embrace the qualities that make each of our team members unique and develop each other’s skillsets so that together we can be stronger than the sum of our parts.

Job Description

 

The Director of Inventory Management and Procurement is responsible for coordinating the purchasing and stocking of inventory across our distribution network. The Director will lead a small team of analysts and buyers and work in coordination with branch leaders.

 

He/she will be the business leader and process owner with overall responsibility is to assure delivery of the right product to the right place at the right time using consistent, repeatable processes to optimize inventory position while meeting customer demand. Additionally, the Director is to effectively develop and support technology development/solutions for continuous process improvement.

  • Manage inventory investment to maximize fill rates and inventory turns.
  • KPI development, monitoring and analysis (Sales, Inventory Turns, Forecast Accuracy, etc.)
    Design and implement purchasing strategies (e.g., economic order quantities (EOQ), safety stock levels)
  • Establishes authority and flow for decision-making; assigns decision rights as it relates to inventory disbursements.
  • Monitor inventory levels and influence purchase orders as necessary to support the business. Analyze purchase orders by using applicable information, including forecast, historical demand, in stocks and inventory turns metrics
  • Maintain data integrity throughout the systems and reporting tools
  • Play a key role in development of S&OP process
  • Cultivate and procure positive and professional vendor relationships
  • Liaise and support cross-functional teams (Operations, Sales, Marketing and Finance) to ensure the company meets performance targets
  • Play a key role in further development of related ERP system functionality

Qualifications

 

  • Bachelor’s degree required, Business, Materials Management or Supply Chain emphasis
  • Minimum of five to ten years’ experience in purchasing and inventory management required (in a industrial distribution preferred)
  • Proficient in Microsoft products, SAP systems. This would require excellent understanding of inventory tools and how to apply them to improve business processes, reporting and analytics.
  • Demonstrated analytical skills, superior organizational and multi-tasking skills
  • Excellent interpersonal abilities, ability to get along with diverse personalities and develop strong business relationships with vendors and associates; tactful, mature and flexible. Must have good reasoning abilities and sound judgment.
  • Must have proven negotiation skills
  • The individual will have a high energy level and be comfortable performing multiple longer-term projects with day-to-day activities
  • Must be able to establish credibility and be decisive but be able to recognize and support the organization’s preferences and priorities - candidate will possess organizational awareness and savvy.
  • They will be results-orientated with a tireless work ethic – must have a strong drive and be determined to meet and exceed targets
  • Must have a working knowledgeable with inventory planning methodologies such as MRP, Kanban, etc. 

This job description is not intended to be an exhaustive list of all requirements and responsibilities and as such, is subject to change without notice based on the needs of the business and/or department.