at Molex Inc in Lisle, Illinois, United States
Job Description
Your Job
The Vendor Managed Inventory Specialist (VMI) Specialist will be responsible for managing and optimizing vendor-managed inventory processes. This role involves ensuring inventory accuracy, maintaining optimal stock levels, and fostering strong relationships with vendors and internal teams. The ideal candidate will have a strong background in supply chain management, excellent analytical skills, and a proactive approach to problem-solving.
Our Team
Koch Industries is a global leader in numerous industries, known for innovation, sustainability, and commitment to excellence. We seek a dedicated and detail-oriented Vendor Managed Inventory (VMI) Specialist to join our team and optimize our supply chain operations.
What You Will Do
Inventory Management: Monitor and manage inventory levels to ensure optimal stock levels are maintained, minimizing stockouts and overstock situations.
Vendor Relations: Foster and maintain strong relationships with vendors, ensuring clear communication and effective collaboration.
Data Analysis: Analyze inventory data to identify trends, forecast demand, and make informed decisions regarding stock levels and purchasing.
Process Improvement: Continuously seek opportunities to improve inventory management processes, implementing best practices and innovative solutions.
Reporting: Generate regular reports on inventory status, key performance indicators, and vendor performance.
Compliance: Ensure all inventory management activities comply with company policies, industry regulations, and vendor agreements.
Collaboration: Work closely with cross-functional teams, including procurement, logistics, and sales, to align inventory strategies with business objectives.
Who You Are (Basic Qualifications)
Bachelor's degree in Supply Chain Management, Business Administration, or a related field.
3+ years of experience in inventory management, supply chain management, or a related role.
Proficiency in inventory management software and ERP; SAP or similar
What Will Put You Ahead
Experience with Vendor Managed Inventory systems.
Bachelor's degree in Supply Chain Management, Business Administration, or a related field.
Certification in supply chain management (e.g., APICS, CSCP) is advantageous.
Proficient in Microsoft Office Suite, particularly Excel.
Strong analytical skills and attention to detail.
Excellent communication and interpersonal skills.
Ability to work independently and as part of a team.
Familiarity with Lean principles and continuous improvement methodologies is a plus.
At Koch companies, we are entrepreneurs. This means we openly challenge the status quo, find new ways to create value and get rewarded for our individual contributions. Any compensation range provided for a role is an estimate determined by available market data. The actual amount may be higher or lower than the range provided considering each candidate's knowledge, skills, abilities, and geographic location. If you have questions, please speak to your recruiter about the flexibility and detail of our compensation philosophy.
Hiring Philosophy
All Koch companies value diversity of thought, perspectives, aptitudes, experiences, and backgrounds. We are Military Ready and Second Chance employers. Learn more about our hiring philosophy here.
Who We Are
At Koch, employees are empowered to do what they do best to make life better. Learn how our business philosophy helps employees unleash their potential while creating value for themselves and the company.
Our Benefits
Our goal is for each employee, and their families, to live fulfilling and healthy lives. We provide essential resources and support to build and maintain physical, financial, and emotional strength - focusing on overall wellbeing so you can focus on what matters most. Our benefits plan includes - medical, dental, vision, flexible spending and health savings accounts, life insurance, ADD, disability, retirement, paid vacation/time off, educational assistance, and may also include infertility assistance, paid parental leave and adoption assistance. Specific eligibility criteria is set by the applicable Summary Plan Description, policy or guideline and benefits may vary by geographic region. If you have questions on what benefits apply to you, please speak to your recruiter.
Additionally, everyone has individual work and personal needs. We seek to enable the best work environment that helps you and the business work together to produce superior results.
Equal Opportunities
Equal Opportunity Employer, including disability and protected veteran status. Except where prohibited by state law, some offers of employment are conditioned upon successfully passing a drug test. This employer uses E-Verify. Please click here for additional information.
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