Senior Manager of Inventory Operations and Sourcing

POSITION SUMMARY:

The Senior Manager of Inventory Operations and Sourcing will oversee and optimize the company's inventory management and sourcing strategies. This role is crucial for ensuring the efficient flow of goods, maintaining optimal inventory levels, and establishing strong supplier relationships with non-core suppliers. The ideal candidate will have extensive experience in inventory management, procurement, and supply chain operations within the industrial distribution sector.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Develop and implement inventory control procedures to ensure accurate stock levels and minimize excess inventory.
• Be advisor to the ICM leadership team on Inventory algorithms and software. Lead projects for inventory software improvement. Become SME for Wurth MSM on all inventory systems.
• Manages the team that identifies non-core items when requested, helps team to evaluate, and negotiate with suppliers to secure the best terms and conditions for the company.
• Build and maintain strong relationships with non-core suppliers to ensure reliable supply and quality of products.
• Utilize data analytics to forecast demand, monitor inventory performance, and make informed decisions.
• Lead and mentor a team of inventory and sourcing professionals, fostering a collaborative and high-performance work environment.
• Continuously assess and improve inventory and sourcing processes to enhance efficiency and reduce costs.
• Ensure all inventory and sourcing activities comply with company policies and industry regulations.
• Ensure all imported inventory complies with company policies and industry regulations.
• Prepare and present regular reports on inventory status, sourcing activities, and performance metrics to senior management.
• All other duties as assigned.

EDUCATION, QUALIFICATIONS, SKILLS & ABILITIES:

• Bachelor's degree in Supply Chain Management, Business Administration, or a related field; Master's degree preferred.
• Minimum of 5 - 7 years of experience in inventory management, procurement, or supply chain operations
• Strong analytical, problem-solving, collaborative, and leadership skills.
• Excellent interpersonal skills and the ability to foster positive and productive working relationships at all organizational levels and vendor community.
• Strong product and industry knowledge.
• Business travel required.

Pay Range: $130,000 - $150,000

Pay is based on several factors which vary based on position. These include labor markets and, in some instances, may include education, skills, work experience and certifications. You may also be eligible to participate in an annual incentive bonus. An incentive bonus, if any, depends on various factors such as organizational performance.

The Wurth Difference:

• Proactive supply chain solutions customized to your business, your industry
• Industrial products and services delivered with prompt, personal attention
• Inventory management solutions that keep your production line moving smoothly
• Complete program support from initial design, to implementation, training, to ongoing analysis

Why Wurth:

• Maternity/Paternal leave after 1 year of service
• Tuition Reimbursement eligible after 1 year of service
• Health benefits and programs - medical, vision, dental, life insurance and more
• Additional benefits 401(k), short term disability, long term disability
• Paid Time Off, accrued per pay period, additional day earned per year of service
• 10 paid holidays

FIND OUT MORE ABOUT OUR COMPANY CULTURE:

• LinkedIn: https://www.linkedin.com/company/wurth-industry-usa
• Facebook: https://www.facebook.com/WurthIndustry
• YouTube: https://www.youtube.com/@WurthIndustryUSA

EEOC STATEMENT:

The Wurth Industry North America group of companies are Equal Opportunity Employers and do not discriminate on the basis of an individual's sex, age, race, color, creed, national origin, alienage, religion, marital status, pregnancy, sexual orientation or affectional preference, genetic trait or predisposition, carrier status, citizenship, veteran or military status, and other personal characteristics protected by law. All applications will receive consideration for employment without regard to legally protected characteristics. Wurth will consider qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable federal, state and local laws.