Inventory Optimization Manager

Mitsubishi Logisnext Americas • Grand Rapids, MI

376d • $68,000 - $88,000

About The Position

The Inventory Optimization Manager at Mitsubishi Logisnext Americas Inc. is responsible for overseeing all aspects of inventory management, focusing on demand forecasting, inventory replenishment, safety stock, and scrapping. This role aims to maintain healthy inventory levels and fill rates to minimize backorders, requiring strong analytical skills and leadership abilities.

Requirements

• Bachelor's degree in Business Administration, Supply Chain Management, Logistics, or a related field.
• Proven experience in optimizing inventory with a track record of managing large-scale inventories.
• Strong analytical skills and proficiency in inventory management software and ERP systems.
• Proven experience in ERP upgrades.
• Excellent organizational and time-management skills with the ability to prioritize tasks and manage multiple projects simultaneously.
• Leadership and team-building skills with experience in managing and developing a team of inventory control professionals.
• Effective communication skills, both verbal and written, with the ability to collaborate cross-functionally and present findings to senior management.

Nice To Haves

• Experience in the Service Parts industry, specifically related to vehicles, machinery, or industrial equipment.
• Experience with Inventory Management in a manufacturing environment.
• Certification in Inventory Management (e.g., CPIM) is highly desirable.
• Basic SQL knowledge and querying.

Responsibilities

• Monitor inventory levels and coordinate replenishment to ensure optimal stock levels while minimizing excess and obsolete inventory.
• Develop an Inventory Management Strategy in collaboration with the third-party Logistics company (3PL) to bring functionality back internally by 2026.
• Build and develop a skilled team to execute inventory management functions.
• Collaborate with purchasing, logistics, and warehouse teams to streamline inventory processes and improve efficiency.
• Forecast demand and coordinate with sales and production teams to ensure adequate inventory levels to meet customer demand.
• Develop and maintain inventory policies and procedures to ensure compliance with regulatory requirements and company standards.
• Identify opportunities for process improvements and cost savings within the inventory management function.

Benefits

• Profit sharing
• Paid parental leave
• Health savings account
• AD&D insurance
• Paid holidays
• Disability insurance
• Health insurance
• Dental insurance
• On-the-job training
• Employee assistance program
• Vision insurance
• 401(k) matching

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Machinery Manufacturing
• Education Level: Bachelor's degree