Regional Senior Inventory Manager

SRS Distribution Inc.•McKinney, TX

18h•Hybrid

About The Position

The Regional Senior Inventory Manager at the Company is pivotal in optimizing inventory management and driving superior performance across designated geographic regions or product lines for the Company's Business Customers. This role is responsible for leading and developing a high-performing team, collaborating extensively with field leadership and supplier relations to manage replenishment and purchasing strategies that align with the company's revenue and EBITDA objectives. By leveraging advanced analytics and fostering strategic initiatives in supply chain management, the Regional Senior Inventory Manager ensures that inventory control procedures meet expected levels, thereby enhancing operational efficiency and supporting the growth trajectory of the Company.

Requirements

Bachelor’s degree from an accredited institution; a focus in supply chain, logistics, business administration, or a related field is preferred.
Demonstrated experience as an inventory manager or equivalent role, with a proven track record of managing inventory control processes effectively.
Extensive leadership experience, showing capability in leading both direct and indirect teams to achieve organizational objectives.
Proficiency in Microsoft Excel and Power BI, or equivalent analytical tools, to create and interpret complex data models and reports.
Familiarity with Agility Software is considered an asset, although not mandatory.
Strong analytical skills with the ability to swiftly assimilate data points and deliver actionable insights and recommendations to drive inventory management effectiveness.
Demonstrated ability to guide strategic inventory management practices and optimize vendor relationships.
Exceptional communication skills with the capacity to collaborate effectively with cross-functional teams, including field leadership, supplier relations, and FP&A teams.
Experience in mentoring, coaching, and building high-performing teams through thoughtful recruitment and succession planning.
Detail-oriented with a keen eye for identifying issues and proposing innovative solutions to enhance inventory control and replenishment processes.
Willingness to travel as needed, approximately 20-30% of the time, within the assigned region.
Capability to operate efficiently in both a home office setting and regional branch office environments.
Candidates are expected to embody the Company's entrepreneurial mindset, embracing its fast-paced, growth-oriented culture to further strengthen the company’s leadership in the specialty distribution industry.
A minimum of 7 years of relevant experience in inventory management, supply chain, or related fields, showcasing progressive responsibilities and leadership capabilities in complex and dynamic environments.
Certified Supply Chain Professional (CSCP) preferred
Certified in Production and Inventory Management (CPIM) preferred
Strategic Leadership: Demonstrates the ability to lead and inspire a high-performing team, aligning assignments with team strengths and development opportunities. Provides coaching, mentoring, and succession planning to drive productivity and achieve organizational objectives.
Analytical Proficiency: Exhibits strong analytical skills to assimilate complex data from multiple sources quickly. Leverages analytical tools to make data-driven decisions that enhance inventory efficiency and contribute to strategic goals.
Effective Communication: Possesses exceptional communication skills, with the capacity to collaborate effectively with both internal stakeholders and external vendors. Ensures clear and concise information dissemination to facilitate cross-functional initiatives and objectives.
Inventory Management Expertise: Demonstrates comprehensive knowledge of inventory control procedures and strategies. Capable of setting and reviewing purchase order parameters, optimizing vendor programs, and managing stock levels to maintain optimal inventory performance.
Technical Aptitude: Proficient with Microsoft Excel and Power BI or equivalent analytical tools. Ability to adapt to and leverage ERP enhancements and reporting tools to support inventory management initiatives.
Results-Oriented Problem Solving: Focuses on identifying challenges and developing actionable solutions to improve inventory control and supply chain processes. Utilizes critical thinking to support short-term and long-term objectives.
Collaboration and Relationship Building: Builds and maintains strong relationships with field leadership, supplier relations teams, and inventory vendors. Fosters an environment of teamwork to advance replenishment and supply chain strategies.
Attention to Detail: Exhibits meticulous attention to detail in managing inventory levels, reviewing analytics, and coordinating supply chain activities. Ensures accuracy and precision in all operational responsibilities to support regional objectives.

Nice To Haves

Advanced Degree in Supply Chain Management or Business Administration: A Master’s degree or equivalent experience in a related field, demonstrating a higher-level understanding of supply chain dynamics and business operations
Project Management Certification: Possess a PMP or similar certification to facilitate structured project execution and alignment with strategic inventory management initiatives.
Familiarity with Advanced Inventory Management Systems: Proficiency in using sophisticated inventory management software beyond foundational tools, ensuring effective utilization and integration within existing frameworks.
Demonstrated Success in Process Improvement Initiatives: Experience in leading or implementing Lean, Six Sigma, or other process improvement methodologies that enhance operational efficiency and reduce waste.
Strong Negotiation Skills: Proven ability to negotiate effectively with vendors and partners, optimizing purchasing terms and ensuring favorable outcomes for the organization.
Experience in Multi-regional Inventory Management: A track record of managing inventory across diverse geographic areas, catering to the unique challenges and demands of variable market conditions.
Excellent Stakeholder Engagement Abilities: Demonstrated capability to engage with diverse internal and external stakeholders, aligning inventory strategies with broader business objectives and nurturing collaborative relationships.
Strategic Thought Leadership: The ability to contribute to and shape the strategic direction of inventory management practices, aligning initiatives with organizational goals and market trends.
Commitment to Professional Development: A continuous learner, actively pursuing additional certifications or training relevant to inventory management and leadership.
Proficiency in Data-Driven Decision Making: Advanced skills in utilizing data analytics to derive insights and make informed, strategic decisions that enhance inventory efficiency and support financial objectives.

Responsibilities

Lead and oversee the implementation of effective inventory control procedures to achieve optimal inventory levels and turns, working in partnership with regional leadership to develop and refine inventory goals and promptly address any identified issues.
Strategically guide and support teams in establishing and regularly reviewing purchase order parameters, ensuring the efficient transfer of products between locations, addressing stock shortages, and minimizing slow-moving and obsolete inventory to enhance overall operational efficiency.
Utilize advanced analytical tools and methodologies to provide actionable insights to field leadership, identifying opportunities to improve inventory management and enhance operational effectiveness across various metrics, including days on hand and obsolete stock reduction.
Spearhead initiatives and projects focused on advancing inventory replenishment objectives, including the enhancement of ERP systems and reporting tools, to streamline processes and support sustainable supply chain improvements.
Engage in both short-term and long-term supply chain initiatives that align with organizational objectives, driving projects that promote operational excellence and contribute to the overall growth and efficiency of the supply chain infrastructure.
Cultivate a high-performing inventory management team through strategic recruitment, talent development, and the implementation of productivity standards, with a focus on aligning team assignments with individual strengths and opportunities for growth.
Foster a collaborative environment by effectively communicating and partnering with field leadership, supplier relations teams, and external vendors to enhance inventory management practices and achieve regional revenue and EBITDA targets.
Develop and execute comprehensive succession planning by actively coaching and mentoring team members, ensuring a pipeline of skilled talent ready to meet both current and future organizational needs.