logo simple  
       
   

Vice President of Inventory Strategy

Summary: 

    • Strategic planning, direction and overall performance of the Purchasing and Inventory Management Operations
    • Assists Executive team in planning, budgeting, financial and human resource decisions to enable the organization to reach company goals and objectives
    • Provides leadership, direction, and motivation to the Purchasing and Inventory team to accomplish operational goals and to ensure optimum performance.
    • Delegates responsibilities between functional managers to achieve optimal operating results and continuous improvement.
    • Develops the budget, ensures adherence to the budget, and takes corrective action as required.
    • Lead performance improvement programs throughout the supply chain using overall leadership experience and plays a key role in the implementation of Continuous Improvement techniques throughout the organization.
    • Responsible for managing to the Turns and Customer Fill Rate goals for the company.
    • Develops cross-functional relationships external to the Purchasing and Inventory operations to achieve goals and identify improvement opportunities.
    • Directs efforts to improve profitability through cost reduction, cost avoidance, and process improvement/loss prevention.
    • Develops and delivers presentations to executive management.
    • Directs regular staff meetings to ensure communication of strategy and resolution of issues.
    • Manages significant cross-functional projects to ensure goals and timeline are met
    • Manages and monitors key performance metrics and ensures that all checks and balances are in place and operational.
    • Participates in special projects and performs additional duties as required

    Requirements: 

    • Bachelor's Degree in Science or Business is required. MBA is preferred.
    • Minimum of ten years experience in Inventory and Purchasing Management
    • A minimum of 5 years in progressively larger and more complex leadership positions
    • Strong knowledge and project management experience in the areas of product forecasting, demand planning and inventory replenishment processes and systems
    • Significant time spent in geographically dispersed businesses known for effectively managing high transaction volume and SKU counts.
    • Experience in International Supply Chains Management a plus
    • Comprehensive knowledge of business operations and strategic planning skills
    • Excellent leadership, analytical, mathematical, computer, and organizational skills required.
    • Skilled in creative problem solving techniques including quantitative and optimization modeling and analysis.
    • Ability to set and analyze budgets, the business plan and capital expenditures required.
    • Excellent oral and written communication skills required.
    • Successful track record in managing the effective deployment of resources, systems and personnel to enable the achievement of organizational objectives
    • Extensive negotiation and human relations skills are required