Inventory Management Specialist
hace 1 semana
As a key member of the Wesco team, you will be responsible for the oversight and management of inventory for assigned locations to optimize investment while providing high-level service to customers.
Responsibilities:
- Develop and implement inventory optimization plans and programs to achieve working capital objectives for asset management.
- Rationalize and standardize supplier base within assigned locations to increase preferred supplier utilization and increase purchasing leverage.
- Monitor and utilize reports, inventory applications, and processes to achieve and exceed expectations of fill rate and on-time delivery objectives.
- Use reports, applications, and programs to monitor and maintain stock levels, makes stock decisions, conducts branch shuffles, supplier returns of excess and inactive inventory, disposal of inactive inventory through established procedures and policies, and minimizes inventory write-offs.
- Manage FIFO inventory valuation with multi-currency purchases within countries.
- Develop analysis and calculations for setting minimum and maximum to right size, and optimizes inventory for customer SKUs.
- Incorporate customer forecasts into inventory requirements to ensure overstock and stock-out conditions are prevented.
- Coordinate with site personnel and customers globally to seek approval and implement inventory recommendations.
- Lead SKU rationalization across customer's multiple locations and stock locations within facility.
- Assist customer with categorization and attribution of inventory to identify critical, high usage, and obsolete and tie items to production equipment.
- Work with customers to provide value added service to disposition of obsolete and excess material from inventory.
- Assist customer in meeting inventory targets.
- Develop cycle count program to meet customer KPIs and organization's internal requirements.
- Assist in recruitment, selection, training, and coaching of personnel.
- Develop and trains employees in activities related to job function requirements, including purchasing procedures, PC knowledge, quality system, etc.
- Provide strong leadership to personnel to meet and exceed performance objectives and encourage professional development to ensure future growth and reduce turnover.
Requirements:
- Bachelor's degree in Supply Chain, business related required; Masters' Degree preferred.
- Increasing responsibility in inventory management - 5 years required; 8 years preferred.
- Knowledge of commonly used purchasing and inventory concepts, practices, and procedures.
- Strong interpersonal skills to demonstrate teamwork, leadership and flexibility while working with all levels of the organization.
- Strong written and verbal communication skills.
- Ability to organize and prioritize tasks to ensure completion.
- Strong mathematical, analytical, and computer skills in order to interpret complex data.
- Strong time management skills.
- Ability to work independently, exercise good judgment, and find solutions.
- Ability to explain and teach policies, procedures, and practices to other employees.
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