Inventory Optimization Manager

Execute the inventory optimization program, ensure transactional discipline, inventory accuracy across the manufacturing footprint, and workplace organization best practices in the areas we store inventory.  Additionally, the role will drive accountability through root cause analysis and putting fixes in place so we don’t encounter the same issues repeatedly. This position is responsible for inventory management, providing direction to the team, accuracy of inventory transactions, inventory accuracy, and organization of the warehouses inside and outside of the plants.   

Effectively deploy inventory policies across the Pipeline Optimization organization (Western Hemisphere) 

• Review all inventory policies and collaborate with key stakeholders to modify/create new policies as needed to achieve inventory targets 

• Establish a routine of reviewing E&O inventory at regular intervals 

• Ensure that the parameters in the MRP/ERP system are correct 

• Communicate clearly on the impacts to the balance sheet and profit and loss (P&L) 

Effectively manage the inventory lifecycle 

• Ensure inventory accuracy of 97% or better on routine cycle counts and half/full year inventory counts 

• Work closely with Manufacturing Engineering and/or Production to ensure all Bills of Material (BOMs) and routes are properly setup in our ERP system 

• Work with stakeholders to include Product Management, Finance/Accounting, and Manufacturing/Services to standardize the way we classify inventory 

Transform and standardize the inventory locations to be world class 

• Work with plant and service center leaders to align on what world class looks like for inventory storage locations 

• Establish the audit system with the buy-in of each location’s leadership 

• Establish and clearly communicate key performance indicators (KPIs) at regular intervals (at least monthly) 

• Conduct audits of the storage locations and communicate feedback to the plant leadership team at each manufacturing site