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Ashley Furniture Industries
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Director of Inventory
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$64k-85k (estimate)
Full Time 4 Days Ago
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Ashley Furniture Industries is Hiring a Director of Inventory Near Advance, NC

*This is an onsite, in-office role in Advance, NC.*

The Director of Inventory is a key senior management role that works across multiple locations providing continuous direction, guidance and business enhancement recommendations to all levels of Ashley management. This position is responsible for budget development and adherence, X to Y project direction, inventory controls, government, legal and audit compliance and representation. This role works directly with other Ashley departments on system development and improvements to Bills of Material, Labor routings, inventory controls and product costing. This position must maintain the integrity of the operational accounting aspects of the financial statements such as inventory, standard cost of sales, operating expenses. This position is responsible for successful guidance and development of a large team of professional staff members. The Director is a business partner in Operations Management with the mission of business success and performance excellence necessary to keep Ashley the number one name in the Furniture Industry.

Essential Responsibilities:

  • Manage the preparation of operational inventory summaries, weeks on hand, valuation for all assigned sites.
  • Prepare and conduct monthly locational inventory reviews for all manufacturing plants and warehouses. Reviews include re-cap of results and identification of improvement projects designed to keep all assigned locations on-track with forecast and budget.
  • Collaborate with cross-functional teams to coordinate efforts to improve Inventory Accounting systems including Inventory management dashboards, and Inventory data collection systems.
  • Responsible for the review and improvement of inventory variances related to cycle count accuracy and material yield.
  • Hold directors accountable to budgets, X to Y projects and Inventory variance reductions. Weekly update meetings held with all assigned locations to review progress and implement action plans to keep projects on-track.
  • Conduct and review Inventory analysis with Warehousing, and Operations management teams.
  • Provide reports and analysis requested by the Financing and Warehousing Executives.
  • Responsible for Inventory accounting areas of compliance including external audit, internal audit, legal and governmental requests. Key representative for the company related to tax incentives.
  • Maintain divisional, facility and departmental metrics and facilitate on-going review and discussion to ensure measures change as required by changes in business.
  • Extensive travel is required with this position including all assigned manufacturing facilities located within the United States and globally. All plant visits should include time in production and warehousing to identify wastes and work with management to implement solutions.
  • Make employment decisions and/or recommendations on hiring, improvement plans, transfers, promotions, corrective actions, terminations, pay adjustments, etc.
  • Coordinate and manage the work of employees by directing members of the team to meet the area’s goals. Audit regularly to ensure standard operating procedures are being adhered to.
  • Manage employee performance and assist employees in making improvements to their performance through coaching, mentoring and administering performance reviews. Recommend, plan and/or implement employee training and skill development activities.
  • Audit, maintain and ensure employee time-keeping and absentee records are accurate.
  • Communicate company and departmental issues and goals and facilitate employee growth and development through weekly team meetings, regular individual employee meetings, coaching, training, and company-offered learning opportunities.
  • Manage resources to optimize equipment, facilities, employees, methods and materials.
  • Demonstrate the Company’s Core and Growth Values in the performance of all job functions.

Education:

· Bachelor's degree in accounting, Required

Experience:

5-10 years’ experience in a cost or Inventory management role, Required

Knowledge, Skills and Abilities:

  • Cost Accounting
  • GAAP – Generally Accepted Accounting Principles
  • Financial Accounting
  • Simultaneously manage multiple tasks in various facilities
  • Evaluating and prioritizing process improvement initiatives
  • Ability to meet deadlines
  • Excellent verbal and written communication skills
  • Excellent interpersonal skills
  • Strong attention to detail
  • Effective time management and organizational skills
  • Work independently as well as in a team environment
  • Analytical and problem solving skills
  • Maintain confidentiality
  • Working knowledge of Continuous Improvement
  • Handle multiple projects simultaneously within established time constraints
  • Proficient computer skills, including experience with Microsoft Office Suite
  • Perform under strong demands in a fast-paced environment
  • Display empathy, understanding and patience with employees and external customers
  • Respond professionally in situations with difficult employee/vendor/customer issues or inquiries

Who Are We?

At Ashley, we’re more than a business…we’re family. As the largest manufacturer of home furnishings in the world, we know what it takes to build incredible furniture and future leaders. We’re problem solvers with the grit to persevere during challenging times and innovators who won't coast when times are good. We create solutions, not excuses. And never settle for status quo.

It’s the reason we’re always searching for better ways to delivering an exceptional customer experience. That's why Ashley Furniture is #1 in our industry.

Ready to grow? You’ve come to the right place. Ashley Furniture has a “Growth Mindset”, and once you join our team, you’ll learn from the best in the business.

Apply today and find your home at Ashley!

Benefits We Offer

  • Health, Dental, Vision, Employee Assistance Program
  • Paid Vacation, Holidays, and Your Birthday off
  • Generous Employee Discount on home furnishings
  • Professional Development Opportunities
  • Telehealth
  • 401(k) and Profit Sharing
  • Life Insurance

Our Core Values

  • Honesty & Integrity
  • Passion, Drive, Discipline
  • Continuous Improvement/Operational Excellence
  • Dirty Fingernail
  • Growth Focused

To learn more about Ashley Furniture, our community engagement programs, environmental stewardship, and our core values, please visit our Corporate Social Responsibility information page:

https://www.ashleyfurniture.com/about-us/corporate-social-responsibility/report/

We are an equal opportunity employer and provide a drug-free working environment. While Ashley appreciates the interest of all candidates, only those meeting specific position requirements may be contacted. Principals Only.

Job Summary

JOB TYPE

Full Time

SALARY

$64k-85k (estimate)

POST DATE

06/28/2024

EXPIRATION DATE

07/15/2024

WEBSITE

ashleyfurniture.com

HEADQUARTERS

ARCADIA, WI

SIZE

15,000 - 50,000

FOUNDED

2003

TYPE

Private

CEO

TODD WANEK

REVENUE

$3B - $5B

INDUSTRY

Retail

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About Ashley Furniture Industries

Ashley manufactures and distributes home and office furniture products.

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The following is the career advancement route for Director of Inventory positions, which can be used as a reference in future career path planning. As a Director of Inventory, it can be promoted into senior positions as a Forecast Planning Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Director of Inventory. You can explore the career advancement for a Director of Inventory below and select your interested title to get hiring information.