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Inventory Optimization Manager Jobs in Arizona (NOW HIRING)

Story Cannabis

Retail Inventory Manager

Tolleson, AZ · On-site

Additionally, the Manager plays a crucial role in overseeing inventory turnover and assists retail management in optimizing inventory processes to ensure efficiency and accuracy. Responsibilities:

Lam Research

Regional Spares Planner

Phoenix, AZ · On-site

Strong understanding of bill of materials (BOM) structures, forecasting methodologies, inventory optimization techniques, and supply chain management principles. Experience developing and executing ...

Story Cannabis

Retail Inventory Manager

Tolleson, AZ · On-site

Additionally, the Manager plays a crucial role in overseeing inventory turnover and assists retail management in optimizing inventory processes to ensure efficiency and accuracy. Responsibilities:

Carvana

Manager, Inventory Operations

Tempe, AZ · On-site

Analyze exception buckets and implement process optimization strategies to enhance inventory health and streamline the path from acquisition to customer delivery. * Manage aging inventory: Partner ...

Carvana

Manager, Inventory Operations

Tempe, AZ · On-site

Analyze exception buckets and implement process optimization strategies to enhance inventory health and streamline the path from acquisition to customer delivery. * Manage aging inventory: Partner ...

Carvana

Manager, Inventory Operations

Tempe, AZ

Analyze exception buckets and implement process optimization strategies to enhance inventory health and streamline the path from acquisition to customer delivery. * Manage aging inventory: Partner ...

ASM

Senior Specialist I, Purchasing

Phoenix, AZ · On-site

Develop, implement, and optimize supply flexibility programs, including safety stock strategies, vendor-managed inventory (VMI), and other inventory optimization initiatives. * Build and maintain ...

RWC Group - Tucson

Parts Manager

Tucson, AZ

Manage inventory control, purchasing, and supplier relationships to maintain optimal stock levels and reduce carrying costs * Establish and monitor departmental KPIs (gross margin, inventory turns ...

Lucid Motors

Senior Global Supply Manager

Phoenix, AZ · On-site

$94K - $127K/yr

Implement inventory optimization strategies and collaborate with suppliers to ensure adequate inventory levels to meet demand while minimizing excess inventory * Risk Management : * Identify and ...

Socket.dev

Senior Global Supply Manager

Phoenix, AZ · On-site

Implement inventory optimization strategies and collaborate with suppliers to ensure adequate inventory levels to meet demand while minimizing excess inventory Risk Management * Identify and sprint ...

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All JobsInventory Optimization JobsInventory Optimization Manager JobsInventory Optimization Manager Jobs in Arizona

Inventory Optimization Manager information

What does an inventory optimization manager do?

An Inventory Optimization Manager is responsible for ensuring that a company maintains the optimal level of inventory to meet customer demand while minimizing costs. They analyze sales trends, forecast future needs, and develop strategies to balance stock levels across supply chains. This role often involves using advanced analytics and inventory management software to improve efficiency, reduce excess inventory, and prevent stockouts. Collaboration with procurement, sales, and logistics teams is essential to achieve these goals.

How does an inventory optimization manager typically collaborate with other departments to improve supply chain efficiency?

An Inventory Optimization Manager works closely with teams such as procurement, sales, operations, and logistics to ensure inventory levels align with business goals and customer demand. This often involves regular meetings to review sales forecasts, discuss upcoming promotions, and address supply chain constraints. By fostering cross-functional communication, the manager can proactively identify potential bottlenecks or excesses and implement data-driven solutions. Collaboration is key to balancing inventory costs with service levels and ensuring smooth operations across the organization.

What are the key skills and qualifications needed to thrive as an inventory optimization manager, and why are they important?

To thrive as an Inventory Optimization Manager, you need strong analytical skills, supply chain knowledge, and experience with inventory management, often supported by a degree in business, supply chain, or a related field. Familiarity with ERP systems, advanced Excel functions, and inventory planning software like SAP or Oracle is typically required. Excellent problem-solving, communication, and project management skills help you collaborate across departments and drive continuous improvement. These skills are crucial for minimizing costs, preventing stockouts or overstock situations, and ensuring efficient supply chain operations.

What is the difference between Inventory Optimization Manager vs Inventory Analyst?

AspectInventory Optimization ManagerInventory Analyst
ResponsibilitiesDevelops strategies to optimize inventory levels, forecasts demand, and improves supply chain efficiency.Analyzes inventory data, monitors stock levels, and reports on inventory performance.
Required SkillsData analysis, supply chain knowledge, forecasting, problem-solvingData analysis, attention to detail, reporting skills
CertificationsSupply Chain certifications (e.g., APICS CSCP), analytical toolsSimilar certifications, often entry-level
Work EnvironmentStrategic planning, cross-department collaborationData-focused, operational tasks

The Inventory Optimization Manager focuses on strategic inventory planning and demand forecasting to improve overall supply chain efficiency. In contrast, the Inventory Analyst primarily handles data analysis and reporting to monitor inventory performance. Both roles require analytical skills and supply chain knowledge, but the manager's role is more strategic, while the analyst's role is more operational.

Is inventory optimization manager a stressful job?

The inventory optimization manager role involves analyzing data, forecasting demand, and managing stock levels, which can be demanding during peak periods or supply chain disruptions. The job requires strong analytical skills and attention to detail, but stress levels vary depending on company size, industry, and workload management. Effective planning and use of inventory management tools can help mitigate stress.

What is inventory optimization?

Inventory optimization is a process used by Inventory Optimization Managers to balance inventory levels, reduce costs, and improve service levels by analyzing demand patterns, lead times, and stock data. It often involves using specialized software and data analysis skills to determine optimal stock quantities across supply chains. Effective inventory optimization helps ensure the right products are available at the right time while minimizing excess stock.

What cities in Arizona are hiring for Inventory Optimization Manager jobs?

Cities in Arizona with the most Inventory Optimization Manager job openings:

Inventory Optimization Manager jobs near you

Retail Inventory Manager

Tolleson, AZ • On-site

Story Cannabis
Offices of Health Practitioners • 501 - 1,000 employees
Learn more about Story Cannabisexternal

Full-time

Posted 6 days ago

Job description

Our Story:

Story Cannabis was built by misfits on a mission - people bold enough to shift the cannabis narrative and create something better. Founded in 2021 by industry veterans, Story is a vertically integrated company headquartered in Phoenix, operating across Arizona, Maryland, Ohio, and Louisiana, and we're just getting started.

Our vision is to bring hope, happiness, and healing to the world through cannabis, and we're doing it one state, one store, and one customer at a time.

Leadership defines how we show up. Data drives how we grow. Gratitude keeps us grounded. Unity fuels our momentum. And growth, in every sense, inspires everything we do.

If you're ready to challenge what's expected and shape the future of cannabis, your next chapter starts with Story.

Overview:

The Inventory Manager is responsible for the daily operations of inventory control, focusing on executing inventory-related tasks, supervising Inventory Associates, and maintaining a highly organized supply of inventory in both the back-of-house and front-of-house areas. The Manager ensures that procedures are followed and that products are stored and handled correctly, maintaining quality and compliance. Additionally, the Manager plays a crucial role in overseeing inventory turnover and assists retail management in optimizing inventory processes to ensure efficiency and accuracy.

Responsibilities:

  • Manage Inventory Leads and Associates and delegate tasks.
  • Monitor and manage inventory levels using inventory management software such as Dutchie, Lucid ID, and where applicable Metrc.
  • Oversee the receiving of new shipments, ensuring accuracy and quality.
  • Tag and label inventory and update system records.
  • Conduct and supervise daily inventory counts and reconciliations.
  • Implement and maintain organization and storage protocols.
  • Address and resolve any inventory discrepancies immediately.
  • Support the sales floor through restocking of inventory and breaking currency denominations.
  • Ensure compliance with all regulatory and company policies.
  • Maintain the location specific inventory in the system and in their physical locations.
  • Generate and review inventory reports.
  • Coordinate with buyers to place orders to replenish stock.
  • Analyze sales data to forecast inventory needs.
  • Lead staff training sessions on inventory procedures.
  • Review and update inventory processes and policies as needed.
  • Manage the monthly overnight inventory audit, all associated reporting, follow-up investigations, and adjustments, ensuring the accuracy and integrity of all inventories. This task is critical for maintaining up-to-date and precise inventory records.

Qualifications & Requirements:

  • Minimum High School Diploma or G.E.D equivalent required, associate's degree preferred.
  • 3+ years of inventory management experience, with a preference for prior cannabis industry experience.
  • Marijuana knowledge strongly preferred.
  • Must be over 21 years of age.
  • Must have a valid State-Issued ID or U.S. Passport.
  • Must have reliable transportation.
  • Must have no scheduling restrictions.
  • Employment offers are contingent upon successful completion of all pre-employment background checks. 

Physical Requirements:

  • Must have the ability to push, pull, or lift a minimum of 50 pounds. 
  • Must be capable of sitting, squatting, standing, kneeling, bending, or walking for extended periods. 

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