Inventory & Supply Chain Optimization
Description
Director, Inventory & Supply Chain Optimization
About Optimas:
Optimas is a global distributor of integrated supply chain solutions, and engineering support focused on delivering fasteners, components, industrial and safety supplies to our diverse customers around the world. Our local, on-the-ground teams understand the nuances of every community we serve. This allows us to adapt with our customers and partners as needs evolve, leveraging our footprint to remain at your side while providing a highly personalized level of service and support no matter where you find yourself around the globe.
To learn more, please visit our website http://www.optimas.com
Position Overview:
The Director, Inventory & Supply Chain Optimization is a key leadership position requiring an experienced leader to identify and drive improvements within the North American Supply Chain. This role will be challenged to build and improve the methodology for how product is purchased and transported throughout the distribution network. The core functions of the position include strategic and tactical decision-making related to balancing demand and supply; aligning volume and mix with capacity and capability; and integration of financial and operating plans within strategic objectives to deliver improved operating and financial results.
Primary Responsibilities:
- Lead Inventory & Supply Chain Optimization teams to deliver industry leading service levels at lowest total supply chain & net working capital costs.
- Ensure Net Working Capital objectives are met or exceeded based on Inventory Model Strategy execution and improvement.
- Establish and drive cross-functional accountability across the impacted business units
- Use data visualization and other data-gathering methods to either provide internal strategic direction or guide decisions for other teams.
- Build and track metrics to support the process, providing detailed visibility on progress and success of the process
- Investigate and identify leading and emerging supply chain technologies to enable step change growth within the North American Optimas distribution network.
- Develop and execute inventory and replenishment strategy for the North American division of the business, working closely with the sales, strategic sourcing, and operations organizations to drive overall success and improve inventory turnover.
- Champion and expand the Sales, Inventory & Operations Planning (SIOP) process
- Ensure inventory levels & order book are consistent and aligned to sales & demand signals over a 12 month horizon
- Refine systems for maintaining the data integrity of supply chain settings at the part level and further optimize the settings to maintain service levels with minimal inventory
- Work with finance team to tie inventory and replenishment strategy to business objectives
- Coach and develop team members and reporting managers to develop and drive success within each of their own departments
- Drive a culture of continuous improvement
Skills and Qualifications:
- Bachelor’s Degree required; Master’s Degree a plus
- 10+ years of experience in a Supply Chain Management related role
- Solid leadership and interpersonal skill; ability to communicate effectively and build relationships at all levels of the organization.
- Strong analytical and problem-solving skills, including the ability to apply quantitative analysis techniques to real-world business problems.
- Data mining, preparation, and modeling experience.
- Experience with Tableau or other BI reporting tools to create impactful visualizations and interactive dashboards.
- Advanced knowledge of materials management, supply chain management, distribution, warehousing, and purchasing
- Advanced skill using Microsoft Excel for quantitative analyses and business tracking
- Advanced experience working with a Supply chain planning software (Demand Planning, Fulfilment, and Inventory Optimization modules). Specific experience with ToolsGroup a plus
- Advanced experience with data analytics and business intelligence software (SQL, Tableau, Power BI)
- Experience developing and monitoring key inventory and purchasing metrics
- Ability to extract and present conclusions and recommendations to teammates and leaders across the business and drive action
- Proven ability to manage multiple projects in different areas and meet specific goals and deadlines
- Ability to motivate, develop, and lead employees at all levels