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Inventory Optimization Manager Jobs in Chicago, IL

Gotion, Inc.

Supply Chain Director

Manteno, IL

$180K - $230K/yr

Manage domestic and global supplier relationships. * Oversee demand forecasting, MRP, safety stock levels, and inventory optimization. * Manage inbound and outbound logistics to ensure timely ...

Regal Rexnord

Senior Manager - SIOP

Downers Grove, IL · On-site +1

$165K - $185K/yr

Inventory Optimization: Oversee the inventory management strategy to ensure optimal stock levels across all product lines, minimizing excess inventory while meeting customer demands. Monitor and ...

Surge Staffing

Supply Chain Manager

Valparaiso, IN · On-site

This role will oversee end-to-end supply chain functions, including inventory, logistics, materials management, planning, continuous improvement, and operational optimization across the plant. The ...

Surge Staffing

Senior Supply Chain Manager

Valparaiso, IN · On-site

$90 - $130/hr

This role will oversee end-to-end supply chain functions, including inventory, logistics, materials management, planning, continuous improvement, and operational optimization across the plant. The ...

WESCO International

Director - Inventory

Glenview, IL · On-site

... inventory optimization plans and programs, developing forecasts for future demand * Develop standards, metrics, and procedures that maximizes inventory management efficiencies * Drive cross ...

Wesco

Director - Inventory

Glenview, IL · On-site

... inventory optimization plans and programs, developing forecasts for future demand * Develop standards, metrics, and procedures that maximizes inventory management efficiencies * Drive cross ...

M&K Truck Centers

Regional Inventory Manager

Alsip, IL · On-site

$60K - $90K/yr

This role is ideal for someone who thrives on data, enjoys optimizing processes, and has strong experience in inventory management. Key Responsibilities * Manage and optimize inventory levels for ...

M&K Truck Centers

Regional Inventory Manager

IL · On-site

$60K - $90K/yr

This role is ideal for someone who thrives on data, enjoys optimizing processes, and has strong experience in inventory management. Key Responsibilities * Manage and optimize inventory levels for ...

M&K Truck Centers

Regional Inventory Manager

Gary, IN · On-site

$60K - $90K/yr

This role is ideal for someone who thrives on data, enjoys optimizing processes, and has strong experience in inventory management. Key Responsibilities * Manage and optimize inventory levels for ...

Dyson

Inventory Control Manager

Chicago, IL

$109K - $137K/yr

About the role The Logistics Manager oversees the end-to-end supply chain operations for the ... This role is pivotal in driving operational excellence, optimizing inventory levels, ensuring ...

Dyson

Inventory Control Manager

Chicago, IL · On-site

$109K - $137K/yr

About the role The Logistics Manager oversees the end-to-end supply chain operations for the ... This role is pivotal in driving operational excellence, optimizing inventory levels, ensuring ...

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All JobsInventory Optimization JobsInventory Optimization Manager JobsInventory Optimization Manager Jobs in Chicago, IL

Inventory Optimization Manager information

See Chicago, IL salary details

$29.4K

$59.7K

$106.1K

How much do inventory optimization manager jobs pay per year?

As of Aug 23, 2026, the average yearly pay for inventory optimization manager in Chicago, IL is $59,651.00, according to ZipRecruiter salary data. Most workers in this role earn between $41,200.00 and $65,900.00 per year, depending on experience, location, and employer.

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 are the most commonly searched types of Inventory Optimization jobs in Chicago, IL?

The most popular types of Inventory Optimization jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Inventory Optimization Manager jobs?

Cities near Chicago, IL with the most Inventory Optimization Manager job openings:

Inventory Optimization Manager jobs near you

Pharmacy Technician-Inventory Analyst

Tarrytown Expocare

Morton Grove, IL • On-site

Full-time

Medical, Retirement, PTO

Re-posted 12 days ago

Tarrytown Expocare Pharmacy rating

6.7

Company rating: 6.7 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

62nd of 113 rated pharmacies

Job description

Job Type
Full-time
Description
Description
Great New Career Opportunity in Long-Term Care Pharmacy!
Now Hiring - Pharmacy Tech-Inventory
Hours: Monday-Friday 9a-5pCST
Location: Onsite in our Morton Grove location
Tarrytown Expocare Pharmacy is seeking a highly organized and detail-oriented Inventory Analyst to join our operations team. This position is responsible for managing all aspects of pharmaceutical inventory, from receiving and reconciliation to formulary maintenance and purchasing strategy. The ideal candidate will be proactive, analytical, and passionate about optimizing inventory processes.
We are proud to offer:
  • Competitive compensation
  • Comprehensive healthcare benefits
  • 401(k) retirement plan
  • Paid time off
  • An awesome work environment
  • Opportunities to advance and grow your career
  • And More!

Key Responsibilities:
Inventory Receiving & Stocking
  • Receive and submit all vendor orders in SureCost.
  • Stock medications on primary shelves using FIFO (First-In, First-Out) logic.
  • Replenish primary shelves from overstock areas to ensure accuracy and availability.
  • Match received items with previous day's shortages and notify fulfillment technicians.

Inventory Reconciliation & Maintenance
  • Reconcile upload failures by identifying correct NDCs or updating the Framework formulary.
  • Evaluate inventory for expired or short-dated medications and follow pharmacy expiration policy.
  • Rotate inventory based on expiration dates and maintain organized shelving.
  • File invoices by date, verifying required signatures and documentation.
  • Research and resolve discrepancies for items not received on previous invoices.

Formulary & Software Management
  • Maintain and manage the pharmacy formulary, including activating and deactivating medications.
  • Analyze and adjust discrepancies using the Negative On-Hand Report in SureCost and Framework.
  • Process monthly NDC changes and formulary updates for cycle fill.

Purchasing & Strategic Sourcing
  • Generate daily purchase orders in SureCost, optimizing for Generic Compliance Ratio (GCR) and secondary market opportunities in consultation with the Director of Purchasing.
  • Research backordered or out-of-stock items and identify in-stock alternatives or suitable vendors.
  • Order pharmacy supplies as needed.

Inventory Optimization
  • Return excess or dead stock to primary wholesalers in accordance with return policies.
  • Lead the planning, execution, and reconciliation of bi-annual physical inventories alongside the Pharmacist-in-Charge.

Requirements
Qualifications:
  • 2+ years of pharmacy, healthcare, or inventory experience required.
  • Familiarity with SureCost, Framework, or similar pharmacy software systems preferred.
  • Excellent attention to detail and strong organizational skills.
  • Ability to analyze data and make informed purchasing and inventory decisions.
  • IL Pharmacy Technician license required.

Tarrytown Expocare is an equal opportunity employer and values diversity at our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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