Base Pay Range:
$110,000-$130,000
As an Inventory Manager your essential job functions will include the following:
Manage Vendor Performance
- Effectively manage purchasing and replenishment strategies for specified suppliers and Dealer Tire’s network of Distribution Centers.
- Achieve targeted inventory related metrics such as, turns, in-stock, customer fill rates and unproductive inventory.
- Prepare and conduct monthly collaborative planning, forecasting, replenishment and logistics meetings with assigned suppliers.
- Develop purchase forecasts and collaborate with the supply chain to ensure projected demand is supported.
- Monitor and ensure product availability for new SKU and vehicle launches.
- Identify projected supply gaps and implement solutions to protect future availability.
- Escalate critical supply issues as necessary.
- Recommend and execute forward buy opportunities to protect availability and enhance margin.
- Gather vendor and industry intelligence and share mutually beneficial information with internal stakeholders.
- Develop and execute supplier operational strategies.
Manage Key Processes to Support Inventory Strategies
- Determine and execute appropriate safety stock and replenishment strategies.
- Review and adjust sales forecasts.
- Manage the inventory transfer process.
- Manage slow moving and obsolete inventory processes.
- Analyze in-stock position and take appropriate corrective actions.
- Develop, execute, and track supplier improvement plans.
- Identify areas of opportunity for supplier improvement and develop action plans to drive desired results.
- Leverage data analytics to continuously monitor and improve supplier performance.
- Perform ad hoc project management in support of organizational objectives.
Manage Associates
- Motivate, coach, train, counsel and provide career development for each team member.
- Determine staffing needs, interview potential candidates, and make recommendations on individual hires.
- Communicate expectations and promote strategic vision to team members.
- Monitor performance, conduct annual performance evaluation of each team member and recommend appropriate action such as compensation changes, promotions, counseling and termination.
Other Duties as Assigned
Position Qualifications
- Bachelor’s degree required, preferably in inventory management, purchasing/procurement, supply chain, or similar business-related field
- Minimum 5 years of experience in a purchasing and replenishment management role required.
- Experience purchasing into a multi-DC national distribution network.
- Deep understanding and hands-on experience in the following areas: MRP, DRP, S&OP processes, forecasting and production/inventory planning and scheduling.
- Demonstrates strong interpersonal, verbal, and written communication, problem solving, relationship building and time management skills.
- Proficiency in Microsoft Office, particularly Excel and Power BI / similar platforms at an intermediate level, advanced level preferred.
Competencies Required
- Results Orientation
- Agility
- Initiative
- Influence
- Customer Focus
- Provide Direction
- Understand Data
- Recognize Implications
- Decide Promptly
- Manage Resources
Physical job requirements
- Continuous viewing and inputting data.
- Sitting for long periods of time.
- Travel as necessary, <10%
Drug Policy
- Dealer Tire is a drug-free environment. All applicants being considered for employment must pass a pre-employment drug screening before beginning work.
This position is targeted to be closed on:
