Materials Manager

Veralto Global•Addison Township, IL

1d•$150,000 - $160,000•Onsite

About The Position

The Materials Manager leads buyers/planners to ensure effective material replenishment for the factory. This role ensures the right inventory levels to support customer demand, keep production lines running, and meet working capital targets. The Materials Manager is responsible for improving inventory turns, improving supplier on-time delivery, managing raw materials, finished goods inventory, goods in transit, and vendor-managed inventory. This role will be located in Wood Dale, Illinois, and will be onsite.

Requirements

Bachelor’s Degree and /or Master’s Degree in Engineering or Business Administration
Minimum of 10 years of progressive experience in Materials Management.
Minimum of 4 years of experience in a Materials Management leadership role
Knowledge of VES Tools (Kaizen, 5S, SQDP, PSP, others)
Excellent interpersonal and communication skills
Computer Literate, MS applications

Responsibilities

Lead and develop a team of buyer/planners to ensure effective material planning and replenishment
Ensure optimal inventory levels to support customer demand while minimizing excess and ensuring the production cells do not have stock outs
Drive continuous improvement in inventory turns and overall working capital performance
Monitor and improve supplier on time delivery and material availability to prevent production disruptions
Oversee end to end material flow, including ordering raw materials, goods in transit, finished goods, and vendor managed inventory (VMI)
Collaborate with production, quality, and manufacturing engineering to mitigate any interruptions from suppliers
Manage all open purchase orders with suppliers and minimize past due POs.
Establish and maintain material planning parameters (safety stock, reorder points, lead times, kanban, min/max)
Analyze demand forecast and align supply plans to meet current customer requirements and service level targets
Identify and mitigate supply chain risk, including shortages, delays, and supplier performance issues
Implement and drive best practices in inventory management, material planning, and ERP system utilization
Lead continuous improvement initiatives (kaizens) focused on cost reduction, inventory reduction, and adding suppliers to VMI
Using VES tools, identify root cause to On Time Delivery misses and inventory misses and lead the team to create countermeasures
Develop and mentor subordinates to build a strong pipeline of future leaders, ensuring effective succession planning and bench strength