Inventory Manager

Anchor Bay Packaging Corporation•Chesterfield Township, MI

1d•Onsite

About The Position

The Inventory Manager is responsible for overseeing all aspects of inventory management within the organization, including inventory control, stock replenishment, and inventory optimization. This role involves developing and implementing inventory policies and procedures to ensure accurate inventory counts, minimize stockouts and excess inventory, and maximize inventory turnover.

Requirements

Excellent verbal and written communication skills.
Excellent organizational skills and attention to detail.
Excellent time management skills with a proven ability to meet deadlines.
Strong analytical and problem-solving skills.
Bachelor’s degree in business administration, Supply Chain Management, or a related field (preferred).
Proven experience in inventory management or related roles, preferably in a manufacturing, distribution, or packaging environment.
Strong hands-on experience with Epicor for inventory control, MRP, and reporting.
2-4 years of experience.
Ability to sit at a desk and work on a computer for prolonged periods of time.
Frequent ability to walk, stand, and navigate the plant floor to locate materials, perform cycle counts, and observe inventory processes.
Must be able to safely move around the manufacturing environment, which may include climbing stairs, walking on uneven surfaces, and wearing appropriate personal protective equipment (PPE) as required.

Responsibilities

Inventory Control: Develop and implement inventory control procedures to ensure accurate inventory counts and minimize discrepancies.
Conduct regular inventory audits and cycle counts to verify stock levels and identify any discrepancies.
Investigate and resolve inventory discrepancies, including root cause analysis and corrective action implementation.
Utilize Epicor for all core inventory transactions, including part master maintenance, inventory adjustments, transfers, and detailed transaction tracking.
Stock Replenishment: Monitor inventory levels and forecast demand to determine optimal stock levels and reorder points.
Coordinate with procurement and purchasing teams to place orders with suppliers and replenish stock as needed.
Optimize inventory replenishment processes to minimize lead times and ensure timely availability of stock.
Inventory Optimization: Analyze inventory data and performance metrics to identify opportunities for optimization and cost savings.
Implement inventory optimization strategies, such as ABC analysis, to prioritize inventory management efforts.
Develop and maintain inventory performance indicators (KPIs) to track performance and identify areas for improvement.
Supplier Management: Establish and maintain relationships with suppliers and vendors to ensure timely delivery of materials and supplies.
Negotiate pricing, terms, and contracts with suppliers to optimize inventory costs and terms.
Monitor supplier performance and address any issues or concerns related to quality, delivery, or pricing.
Process Improvement: Identify opportunities to streamline inventory management processes and improve efficiency.
Implement best practices and automation tools to optimize inventory workflows and reduce manual effort.
Collaborate with cross-functional teams to implement process improvements and drive continuous improvement initiatives.
Team Leadership and Development: Recruit, train, and supervise inventory control staff, and cycle counters.
Provide coaching and support to team members to enhance their skills and performance.
Foster a positive work environment and promote teamwork and collaboration among team members.
Cross-Departmental Collaboration Work effectively across departments, including Operations, Sales, Finance, and Purchasing, to understand business needs and co-create practical solutions.
Collaborate with stakeholders to identify inventory-related challenges and develop optimized procedures that support overall company goals.
Facilitate regular cross-functional meetings and communication to align on inventory strategies, resolve issues quickly, and drive continuous optimization of processes and workflows.