at G&W Electric Company in Bolingbrook, Illinois, United States
Job Description
Innovating since 1905, G&W Electric has grown into a global leader in engineered electrical power grid solutions. Working with us means joining a worldwide team of passionate manufacturing professionals striving to continually improve the technologies the world depends on to deliver safe, reliable electricity. Our culture is focused on employee success, so we foster an entrepreneurial environment that encourages everyone to thrive.
Inventory Manager
Position Summary: The Inventory Manager is responsible for overseeing the processes, procedures, and accurate reporting of inventory management from receiving through shipping. Working closely with the Purchasing, Planning, Manufacturing, Warehouse, and Finance teams, this position will develop and implement an inventory strategy and process with the overall goal of increasing accuracy and on-time product delivery.
Primary/Essential Responsibilities:
Principal manager of the inventory activities of the US entities; including off-site storage transaction management and decision making
Recommend, develop, and implement changes to inventory management system and process to improve overall inventory accuracy and reduce errors within receiving, inspection, manufacturing, rework, and shipping
Maintains inventory accuracy, through daily management and execution of cycle count program, which includes reviewing, analyzing and reporting out on results
Responsible for the Inventory Analyst, and Cycle Counter functions
Manages, assigns and audits the work of all direct reports; provide semi-annual and annual performance reviews, evaluates performance against job requirements and established annual goals, provides daily coaching and training to develop world class team
Manage and lead any physical inventory counts, oversee regular inventory cycle count program, as well as investigate, troubleshoot, and reconcile inventory accuracy issues or transaction errors as they arise on the manufacturing floor
Works as a business partner with the Operations, Purchasing, Receiving, Shipping, and Finance teams, providing relevant support to effectively solve inventory related problems
Participate in training employees on procedures to support inventory management
Following the 'Delegation and Limit of Authority', manage the transactional process of inventory adjustments in the ERP system to ensure accurate perpetual inventory; collaborate with Finance to ensure proper alignment between the perpetual inventory system and the general ledger
Responsible for all new and existing inventory related metrics. Current metrics include day's on-hand, dollars on-hand, inventory turns, negative inventory, obsolete inventory, and cycle count accuracy. Responsibilities include data gathering, monthly reporting and report-outs, determining any corrective actions, as well as establishing new and more relevant metrics.
Work cross functionally with Supply Chain and Warehouse teams to recommend inventory management changes that will improve inventory levels without jeopardizing customer service; safety stock levels, ordering parameters, etc.
Monitor Kanban setup/sizing and suggest improvements to prevent outages or overages; recommend items for removal or addition to the Kanban process
Resolve inventory transaction errors that result in negative inventory balances; resolve with appropriate transactions in the ERP system, as well as identifying root-cause and working cross functionally to correct underlying process driving the problem
Required Qualifications:
Bachelor's degree in Accounting or Finance
Minimum of 5 plus years of progressive experience, in a high-volume manufacturing environment
Strong cost accounting and inventory knowledge and experience
Previous experience in inventory/materials management in a manufacturing environment
Proficiency in MS Office Suite, including intermediate to expert Excel skills; experience working with large data sets, and can manipulate and organize data effectively and efficiently
Intermediate to expert level proficiency in ERP or MRP business system, specifically in work order, BOM, and inventory transaction management, with JD Edwards ERP experience preferred
Outstanding organizational and problem-solving skills.
Strategic thinker, who can translate conceptual issues into tangible goals and tasks
Ability to influence decisions, work with others, but also work independently, including leading a team, with minimal direction/supervision
Preferred Qualifications:
Minimum 10 years related experience, with minimum of... For full info follow application link.
"G&W Electric is proud to be an Equal Opportunity Employer. All employees and applicants will receive consideration for employment without regard to age, color, disability, gender, national origin, race, religion, sexual orientation, gender identity, protected veteran status, or any other classification protected by federal, state, or local law.
VEVRAA Federal Contractor"
