Inventory Manager

Fortune Brands • Deerfield, IL

16h • Hybrid

About The Position

As Inventory Manager, you will be responsible for achieving inventory targets for our Water segment. As a Inventory Manager, you’ll be the mastermind behind our inventory management strategy. You’ll oversee $500 million worth of inventory globally, ensuring our products flow seamlessly from production to distribution. By working closely with partners in finance, demand, supply, and production planning across the business, you will identify and execute opportunities for inventory optimization, reduced costs, and enhance our supply chain efficiency. Location: This position is eligible for a hybrid schedule based out of Deerfield, IL. The hybrid schedule requires in office presence Tues-Thurs with the option to work remotely on Monday & Friday.

Requirements

• Minimum of 5 years of experience in supply chain operations, including experience in inventory management and supply/demand planning.
• Experience with SAP required.
• Strong project management background.
• Demonstrated team and influential leadership.
• Detailed knowledge of MRP/DDMRP systems and processes.
• Strong analytical capability and use of data to influence action.
• Strong verbal and written communication.
• Passion for inventory optimization.

Nice To Haves

• Knowledge of Orchestr8 (O8) Demand Driven Planning System and/or DDMRP.
• Lean Six Sigma, APICS Certified.

Responsibilities

• Meet inventory and WCE Targets; partner with finance to develop OP and drive accuracy of monthly forecasting cycle.
• Create KPIs and inventory governance policy for the business.
• Lead safety/buffer stock strategy and execution.
• Identify areas of inventory optimization opportunity; establish and execute project funnel.
• Prepare detailed reports on inventory operations, adjustments, and trends.
• Create programs and processes to deal with Obsolete and Slow-Moving Inventory (OSMI).
• Build and lead a high-performing team. You’ll start with two Buffer Managers reporting to you, but your vision extends beyond that.
• Foster a collaborative and agile work environment.
• Drive the transition from Materials Requirements Planning (MRP) to Demand-Driven Material Requirements Planning (DDMRP)
• Manage materials planning systems and processes; ensure accuracy of data (MDM), optimization of configuration, and process compliance.
• Support key supply chain initiatives and scenario planning.
• Devote a significant portion of your time to managing inventory reduction projects and programs.
• Use your project management skills to streamline processes and enhance efficiency.

Benefits

• annual bonus plan based on company and individual performance, or a role-based sales incentive plan
• robust health plans
• a market-leading 401(k) program with a company contribution
• product discounts
• flexible time off benefits
• adoption benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees