Inventory Manager - Midland

NOV•Midland, TX

About The Position

The Inventory Manager plans, coordinates, and oversees the organization’s inventory control activities. The role maintains optimal stock levels, minimizes costs, and ensures inventory records are accurate and current. Working with procurement, sales, production, logistics, suppliers, and other departments, the Inventory Manager supports business objectives and efficient inventory operations. The position also leads inventory staff and maintains a strong safety culture. Occasional travel to supplier sites or other company locations may be required.

Requirements

Bachelor’s degree in supply chain management, business administration, or a related field.
Proven experience in inventory management or a similar role.
Strong analytical skills and proficiency with inventory management software and tools.
Experience with ERP systems such as SAP, Oracle, or JDE.
Advanced process mapping and analysis skills.
Strong analytical and problem-solving capabilities.
Excellent organizational skills and attention to detail, with a commitment to accuracy.
Strong communication and interpersonal skills.
High work ethic and dependability.
Ability to lead and motivate a team.

Nice To Haves

Certification in inventory management or supply chain, such as CPIM or CSCP.
Familiarity with lean manufacturing and just-in-time (JIT) inventory practices.

Responsibilities

Develop and implement inventory management strategies and procedures to maintain accurate stock levels and minimize discrepancies.
Monitor inventory levels and coordinate replenishment to prevent overstocking or stockouts and ensure timely product availability.
Analyze inventory data to identify trends, forecast demand, and inform purchasing and stocking decisions.
Collaborate with suppliers to negotiate terms, manage lead times, and resolve supply chain issues.
Identify opportunities to improve inventory processes, including through technology and automation.
Prepare and present reports on inventory status, turnover rates, and key performance indicators to management.
Supervise and train inventory staff, fostering accuracy and efficiency.
Ensure inventory practices comply with company policies and relevant regulations.
Collaborate with sales, production, logistics, and other departments to align inventory management with business goals.
Maintain a strong safety culture.