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Inventory Optimization Manager Jobs in Massachusetts

Inventory Coordinator

Boston, MA · On-site

$25 - $27/hr

The Inventory Coordinator is responsible for managing and maintaining optimal inventory levels, ensuring the accuracy of stock records, and coordinating inventory-related activities to support ...

... and inventory optimization Ensure accuracy and integrity of ERP data (material master, planning parameters, supplier data, pricing) to support effective planning and execution Lead management of ...

Sr. Site Buyer

Chelmsford, MA · On-site

$87K - $131K/yr

... inventory optimization • Ensure accuracy and integrity of ERP data (material master, planning parameters, supplier data, pricing) to support effective planning and execution • Lead management of ...

A SIOP Manager plays a crucial role in aligning sales, operations, and financial plans. This ... inventory optimization. * Report and Forecast: Prepare and present reports, forecasts, and ...

About the role The Manager of Company Planning is responsible for driving enterprise-level ... Develop and recommend markdown, liquidation, and inventory optimization strategies to maximize ...

About the role The Manager of Company Planning is responsible for driving enterprise-level ... Develop and recommend markdown, liquidation, and inventory optimization strategies to maximize ...

Showing results 41-60

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:

PEPI: Manager, Supply Chain - Distribution & Logistics (OPEN TO ALL U.S. LOCATIONS)

Alvarez and Marsal

Boston, MA • On-site

Full-time

Medical, Life, Retirement, PTO

Re-posted 9 days ago


Alvarez & Marsal rating

7.2

Company rating: 7.2 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

52nd of 72 rated business consultants


Job description

Description

Alvarez & Marsal Private Equity Performance Improvement

Manager, Supply Chain - Distribution & Logistics

(OPEN TO ALL U.S. LOCATIONS)

About Alvarez & Marsal

Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.

The Team

A&M’s Private Equity Performance Improvement Services (PEPI) practice, with offices throughout the US, focuses on serving the middle market and large cap private equity firms who have engaged A&M to help improve operating results at their portfolio companies.   

Our professionals are aligned with a PEPI service line to promote the development of deep functional skills & experiences and to maximize our ability to tailor solutions to solve our clients' business issues. 

Our PEPI services include:

Supply Chain

Transformation Services

Manufacturing Operations Improvement

Interim Management

M&A Services

CFO Services

A&M’s Supply Chain professionals assist our clients in analyzing each part of the supply chain process including Strategic Sourcing and Procurement, Logistics and Distribution, Integrated Demand and Supply Planning to identify value creation opportunities, develop a roadmap to accelerate those opportunities and assist with driving them to our client’s bottom line.  From our thorough fact-based analysis, we assess the state of the supply chain, identify key risks to investment and quantify potential EBITDA improvement plans. 

The PEPI Supply Chain group is a growing business with high growth projected throughout the next two to four years. We offer excellent opportunities for career advancement and build leadership skills. The leadership team is focused on providing development opportunities, training and exposure to international and domestic business assignments.

How You Will Contribute

 We are seeking individuals that can lead and deliver large, complex client engagements working closely with Private Equity leadership to identify, design, and implement creative business solutions for their portfolio companies. 

The Manager, Supply Chain - Distribution & Logistics frequently leads / manages the following types of engagements.  Hands-on experience in at least several of the following areas is required:

  • Gain a comprehensive understanding of a client’s supply chain including manufacturing and distribution locations, baseline of product flow and seasonality, detailed operating costs, key supply chain processes in sourcing, planning, and operations.
  • Develop a structured approach to assessing potential improvement opportunities, and conduct required analysis to define potential supply chain strategies and tactics to meet growth and financial objectives.
  • Analyze supply chain network design and footprints:
    • Baseline warehousing and distribution network cost structure and capacity utilization
    • Profile supply chain processes and inventory flows throughout the network
    • Analyze network optimization opportunities for cost, inventory, and service delivery (experience with modeling software such as Llamasoft or other preferred):
      • Optimal number and location of distribution centers / network configuration
      • Optimal inventory flow through network (e.g. ship from DC vs. ship from stores; supplier drop ship options; optimal stocking positions, etc.)
    • Develop high-level planning model to support inventory optimization across supply chain networks
  • Conduct sourcing events related to transportation and warehousing which include spend / activity baseline assessments, process, and business requirements, and conducting RFI/RFP processes, negotiations and contracting.   Experience in conducting or responding to sourcing events involving 3PLs is preferred.
  • Assess inventory planning processes and systems and recommend potential improvement opportunities for optimizing service levels and inventory working capital requirements.
  • Develop transformation plans to drive proposed changes in transportation, freight optimization, warehousing & distribution, and develop implementation plan and estimated range and timing of benefits (OPEX / inventory / service delivery)
  • Implement and oversee the quality of deliverables and effectively manage the team and day-to-day relationships to ensure exceptional performance.
  • Ability to both conduct analysis and lead teams to conduct analysis

Professional skills:

  • Strong written, oral, and analytical skills
  • Strong Excel and PowerPoint skills
  • Structured project management (time, team and work-stream management)
  • Initiative and drive
  • Critical thinking skills
  • Ability to deliver time-pressured projects on-time and on-quality
  • Flexible and creative thinking
  • Client relationship building
  • Excellent presentation skills

Qualifications:

  • 7-10 plus years of combined consulting and industry operating experience
  • Previous advisory experience from a top-tier strategy firm, leading specialist, niche advisory firm, or Big-4 consultancy a plus
  • Deep functional expertise in key areas including distribution and logistics network optimization, transportation and warehouse sourcing, 3PL operating experience, production and inventory planning
  • Experience in leading or modeling supply chains using software support tools (e.g., Llamasoft, etc.)
  • Excellent fact-gathering and analytical skills, including business process mapping and quantitative analysis
  • Flexibility to travel based on project requirements

Your journey at A&M

We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person’s unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.

We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.

The salary range is $125,000-$190,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance.  Please ask your recruiter for details.

Alvarez & Marsal recruits on an ongoing basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) that they are qualified for and that are of interest to them.

Full-time Positions and Part-time Positions Over 30 hours

Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings’ fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined from time to time as well as a 401(k)-retirement plan. Provided the eligibility requirements are met, employees will also receive a discretionary contribution to their 401(k) from Alvarez & Marsal. Additionally, employees are eligible for paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part time employees), ten federal holidays, one floating holiday, and parental leave. The amount of vacation and personal days available varies based on tenure and role type. Click here for more information regarding A&M’s benefits programs.

A&M does not require or administer lie detector tests as a condition of employment or continued employment. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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