Inventory Manager (Cleveland, OH)

Dealer Tire•Cleveland, OH

1d•Onsite

About The Position

We’re Dealer Tire, a family-owned, international distributor of tires and parts established in 1918 in Cleveland, OH. We’re laser focused on helping the world’s largest and most trusted auto manufacturers grow their tire business—in fact, we’ve sold more than 60 million tires to date. We’re a thriving company, and we’re looking for driven individuals to join our team. That’s where you come in! 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

Requirements

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.

Responsibilities

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