Inventory Manager

Inventory Manager

Livonia, MI, USA Req #678

Friday, September 27, 2024

Come work for the largest equipment dealer in North America! Are you a hardworking individual that thrives in a fast-paced environment and looking to take your career to the next level? If so, then come join our award winning team!

We provide our employees with the following tools and resources to be successful:


* Training


* Outstanding benefits package (BCBS PPO, Delta Dental and EyeMed Vision, plus much more!)


* 401(k) with match


* Competitive wages


* Company laptop


* Paid time off


* 10 paid holidays

Job Overview:

The Inventory Manager will assist with oversite and optimization of the company's inventory operations for material handling equipment across both retail and wholesale sectors.

This role ensures that the company maintains optimal stock levels, minimizes costs, and meets customer demand efficiently.

The Inventory Manager will collaborate with purchasing, sales, operations, and finance teams to develop and implement effective inventory management strategies, ensuring a seamless supply chain and contributing to the company's overall profitability.

The Inventory Manager will report to the VP of Inventory and Wholesale.

Key Responsibilities:


* Inventory Strategy : Develop and execute an inventory management strategy that aligns with business goals, including forecasting, stocking levels, and turnover rates.

Be an integral part of the team and process for physical inventory across the business footprint.


* Demand Planning : Collaborate with sales and operations to forecast demand, analyze market trends, and adjust inventory levels accordingly.


* Stock Optimization : Identify slow-moving, obsolete, or overstocked items and develop strategies for clearance or stock adjustments.


* Systems & Processes : Implement and manage inventory management software and other tools to streamline inventory control, including barcoding, cycle counting, and data analytics.

Includes deep involvement in scope, blueprint and integration of new ERP system.


* Cross-Department Collaboration : Liaise with sales, purchasing, and warehouse teams to maintain optimal stock levels and resolve inventory discrepancies or supply chain issues.


* Financial Oversight : Monitor and manage inventory-related financial metrics such as carrying costs, inventory turnover rates, and stock shrinkage, ensuring alignment with budgetary goals.


* Team Leadership : Manage and mentor the inventory team, ensuring continuous development, training, and alignment with business objectives.

Committees & Other Opportunities (optional):


* Continuous Improvement (CI) : Be a committee member with leadership from other functional areas to present, review and refine impactful projects and initiatives for the business.


* Diversity, Equity, and Inclusion (DEI) : Request to be a member of the DEI committee dedicated to building a diverse culture a...