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Inventory Optimization Manager Jobs in Itasca, IL

Labor Solutions, LLC

Sr. Materials Manager

Des Plaines, IL · On-site

$110K - $125K/yr

Strong understanding of forecasting, demand planning, inventory optimization, and S&OP/SIOP. * Experience managing and developing employees. * Demonstrated success improving inventory, supplier ...

Dyson

Inventory Control Manager

Chicago, IL · On-site

$109K - $137K/yr

This role is key in supporting optimal inventory levels. Key priorities include: managing the inventory controls team, working with third party logistics providers (3PL) to manage the inventory ...

Dyson

Inventory Control Manager

Chicago, IL · On-site

$109K - $137K/yr

This role is key in supporting optimal inventory levels. Key priorities include: managing the inventory controls team, working with third party logistics providers (3PL) to manage the inventory ...

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

Inventory Optimization Manager information

See Itasca, IL salary details

$27.7K

$56.4K

$100.3K

How much do inventory optimization manager jobs pay per year?

As of Sep 8, 2026, the average yearly pay for inventory optimization manager in Itasca, IL is $56,380.00, according to ZipRecruiter salary data. Most workers in this role earn between $38,900.00 and $62,300.00 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 cities near Itasca, IL are hiring for Inventory Optimization Manager jobs?

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

Inventory Optimization Manager jobs near you

Supply Chain Planning Manager

Gvw Group, Llc

Highland Park, IL • On-site

$100 - $125/hr

Other

Medical, Dental, Vision, Retirement

Re-posted 21 days ago

Job description

Summary

The Supply Chain Planning Manager leads the Sales, Inventory, and Operations Planning (SIOP) process while owning material planning, inventory optimization, and item master data governance. Responsible for translating demand and supply signals into system-driven planning parameters that ensure optimal inventory levels, high service performance, and efficient network flow.

Location

Highland Park, IL

What We Offer
  • Competitive compensation that recognizes your skills, experience, and impact
  • Performance-based annual bonuses that reward results and contributions
  • Comprehensive medical, dental, and vision coverage to support your well-being
  • 401(k) with a 4% company match to help you invest in your future
  • 8 paid company holidays to rest, recharge, and maintain work-life balance
Key Responsibilities
  • Lead monthly SIOP process across demand, supply, and finance
  • Own inventory strategy including service levels, turns, and excess & obsolete inventory
  • Manage material planning strategy and ensure alignment with demand signals
  • Oversee transfer order strategy to balance inventory across locations
  • Own item master data and planning parameters (lead time, Min/Mult Qtys, reorder points, that are in line with the sourcing rules and negotiated terms)
  • Ensure system settings drive correct purchasing and inventory behavior that meet our business objectives
  • Monitor KPIs such as fill rate, back-orders, inventory value, inventory turns
  • Partner cross-functionally with Sales, Operations, Product Marketing, and Finance
  • Lead and develop the SIOPs and Planning Team
Key Outcomes
  • SIOP decisions are effectively translated into system execution
  • Inventory is optimized across the network
  • Service levels are achieved with minimal excess inventory
  • Planning parameters accurately drive purchasing and transfers
Requirements
  • Education: Bachelor’s degree in supply chain, Business, or related experience
  • Experience: 5–10+ years in supply chain, planning, or purchasing leadership roles
  • Strong ERP and data analytics experience
Job Duties Disclaimer

The duties and responsibilities outlined here are representative but not exhaustive of the tasks that the employee may be required to perform. Management reserves the right to modify, add, or remove duties and to assign other tasks as necessary to meet business needs.

Equal Employment Opportunity

Autocar Parts is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or any other characteristic protected by law.

Reasonable Accommodations (ADA Compliance)

Autocar Parts complies with the Americans with Disabilities Act (ADA) and provides reasonable accommodations to qualified individuals with disabilities. Employees who require assistance or accommodation should contact Human Resources.

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