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Inventory Optimization Manager Jobs in Massachusetts

The Senior Manager, Site Inventory (Raw Materials & Work-in-Process) is a strategic people manager ... Inventory Strategy & Optimization * Develop and execute strategies to optimize raw material and WIP ...

The Senior Manager, Site Inventory (Raw Materials & Work-in-Process) is a strategic people manager ... Inventory Strategy & Optimization * Develop and execute strategies to optimize raw material and WIP ...

The Senior Manager, Site Inventory (Raw Materials & Work-in-Process) is a strategic people manager ... Inventory Strategy & Optimization * Develop and execute strategies to optimize raw material and WIP ...

The Senior Manager, Site Inventory (Raw Materials & Work-in-Process) is a strategic people manager ... Inventory Strategy & Optimization * Develop and execute strategies to optimize raw material and WIP ...

The Senior Manager, Site Inventory (Raw Materials & Work-in-Process) is a strategic people manager ... Inventory Strategy & Optimization * Develop and execute strategies to optimize raw material and WIP ...

The Senior Manager, Site Inventory (Raw Materials & Work-in-Process) is a strategic people manager ... Inventory Strategy & Optimization * Develop and execute strategies to optimize raw material and WIP ...

The Senior Manager, Site Inventory (Raw Materials & Work-in-Process) is a strategic people manager ... Inventory Strategy & Optimization * Develop and execute strategies to optimize raw material and WIP ...

The Senior Manager, Site Inventory (Raw Materials & Work-in-Process) is a strategic people manager ... Inventory Strategy & Optimization * Develop and execute strategies to optimize raw material and WIP ...

Network Inventory Manager

Woburn, MA ยท On-site

$85K - $95K/yr

Network Inventory Manager Join our Dynamic Team Overview The Network Inventory Manager plays a ... This position is responsible for optimizing inventory movement across the network--ensuring the ...

Supply Chain & Materials Manager

Boxborough, MA ยท On-site

$104.30 - $193.70/hr

Supply Chain & Materials Manager Location: Boxborough, MA Reports to: Director of Operations At ... Implement and sustain pull systems, Kanban replenishment, inventory optimization, and material flow ...

Supply Chain & Materials Manager Location: Boxborough, MA Reports to: Director of Operations At ... Implement and sustain pull systems, Kanban replenishment, inventory optimization, and material flow ...

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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 Massachusetts are hiring for Inventory Optimization Manager jobs?

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

Sr Principal Inventory Optimization

Waters Corporation

Milford, MA โ€ข On-site, Remote

Full-time

Re-posted 21 days ago


Job description

Overview

The Strategy & Operational Excellence team is on a mission to improve both our customer and employee experience by transforming how we plan, buy, make, and distribute products in Waters Global Operations. Our six pillars of focus include: Strategy, Network Optimization, Digitization, Process Improvement, Insights and Strategic Projects.

As the Inventory PMO, you will be responsible for coordinating and driving the end-to-end inventory optimization for Waters. This will be a global initiative across the entire value chain (procurement, manufacturing, planning, distribution) sponsored by the GO leadership team. This will require you to collaborate with, and influence colleagues across our global network, drawing on both your own domain knowledge, as well as the cross-functional team. You will lead, develop, test, deploy, and drive adoption of inventory optimization levers realizing value.

Responsibilities
  • Specify program approach and run the program
  • Steer very diverse program and project teams towards a common result overcoming competing targets
  • Drive conceptual approach and identify levers / develop hypotheses
  • Validate hypotheses with data, linking in analytics and data science team
  • Align results with GO stakeholders and finance business partners
  • Derive implications from proposed levers on SC, manufacturing, procurement and commercial
  • Show trade-offs and prepare decision proposal
  • Steer discussions with GO leadership team and divisions
  • Develop implementation plan
  • Drive implementation of decided levers incl. tracking of results
  • Drive change and act as a change agent

Those responsibilities require following capabilities and tasks

  • Establish and lead a cross-functional team of subject-matter experts from all GO sub-functions
  • Collaborate with stakeholders outside of Global Operations to ensure alignment with the overall enterprise, e.g., in initiatives with interdependencies to other functions and divisions
  • Develop and employ project management tools to ensure proper organizational structure, project planning/scheduling, budgeting, and governance
  • Identify best practices to be adopted into current ways of working
  • Create a prioritized roadmap of changes to be introduced, working with both business leaders on other transformation leads to reach alignment
  • Design and validate proposed changes
  • Develop communication tools and documentation for stakeholders such as Scorecards, Key Decision Documentation and Quarterly updates, as well as periodic cross-team/function updates and workshops
  • Manage project risk assessments, mitigation plans and problem solving efforts, and directs project resources to focus on the development and implementation of strategic plans

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Qualifications

EDUCATION AND EXPERIENCE

  • Minimum 5 years experience in project/program management roles.
  • Experience building and managing cross-functional teams
  • BS Degree in an Engineering, Science or Supply Chain discipline. Master's Degree or equivalent industry experience preferred BA/BS in business, science or engineering; MBA or master's degree in science or engineering is desirable.

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KNOWLEDGE AND SKILLS

  • Effective analytical, technical, and problem-solving skills, including business and financial analyses
  • Strong project management skills, experience creating and executing multi-disciplinary projects
  • Strong influencing skills, proven ability to work across organizational boundaries driving change and harmonization across a global organization
  • Working knowledge of change management in the context of deploying new processes and technology solutions
  • Collaborative, strong listening skills and ability to assimilate other viewpoints to arrive at a better solution
  • Agile and responsive, experience handling multiple priorities, acting with urgency, and managing ambiguity
  • Customer-centric, track record of investing time in understanding user requirements
  • Results oriented, demonstrated ownership mindset and delivering high quality outcomes
  • Proven track record of solving problems, breaking down barriers and delivering results ahead of schedule
  • Strong written and verbal communication
  • Demonstrated ability to promote teamwork and motivate and manage exempt level personnel
  • Ability to travel globally up to 25-30% as required to support site integrations

THE ABOVE STATEMENTS ARE INTENDED TO DESCRIBE THE GENERAL NATURE AND

LEVEL OF WORK BEING PERFORMED BY PEOPLE ASSIGNED TO THIS JOB. THIS JOB

DESCRIPTION IS NOT INTENDED TO BE AN EXHAUSTIVE LIST OF ALL RESPONSIBILITIES, DUTIES AND SKILLS REQUIRED OF EMPLOYEES SO CLASSIFIED.

Company Description

Waters Corporation (NYSE:WAT)ย  is a global leader in life sciences and diagnostics, dedicated to accelerating the benefits of pioneering science through analytical technologies, informatics, and service. With a focus on regulated, high-volume testing environments, our innovative portfolio harnesses deep scientific expertise across chemistry, physics, and biology. We collaborate with customers around the world to advance the release of effective, high-quality medicines, ensure the safety of food and water, and drive better patient outcomes by detecting diseases earlier, managing routine infections, and combating antibiotic resistance. Through a shared culture of relentless innovation, our passionate team of ~16,000 colleagues turn scientific challenges into breakthroughs that improve lives worldwide. ย 

Diversity and inclusion are fundamental to our core values at Waters Corporation. It benefits our employees, our products, our customers and our community. Waters complies with all applicable federal, state, and local laws. Qualified applicants are considered without regard to sex, race, color, ancestry, national origin, citizenship status, religion, age, marital status (including civil unions), military service, veteran status, pregnancy (including childbirth and related medical conditions), genetic information, sexual orientation, gender identity, legally recognized disability, domestic violence victim status, or any other characteristic protected by law. Waters is proud to be an equal opportunity workplace and is an affirmative action employer. All hiring decisions are based solely on qualifications, merit, and business needs at the time.

Employment Type: OTHER