Materials Manager

Materials ManagerImagine yourself…Doing meaningful work that makes an everyday impact on the world around you.Growing your expertise and expanding your skillset with every project.Owning your ambition and fueling your career growth.It's all possible with a role at Videojet, a Veralto company. You have likely purchased or used a product touched by Videojet Technologies this week—after all, Videojet is a world leader in the product identification market, providing in-line printing, coding and marking products, consumables, and software solutions. Videojet's technologies play a critical role in ensuring the safety and authenticity of products sold across the globe in the food, beverage, pharmaceutical, and industrial marketplaces.As part of the Videojet team and the broader Veralto network, you'll work with products that make an everyday impact on the world around you—and along the way, you'll have opportunities to make your mark on our business and your career with ongoing opportunities to deepen your skillset and pursue your ambitions.Learn about our leading portfolio of innovative products hereWe offer:Professional onboarding and training optionsPowerful team looking forward to working with youCareer coaching and development opportunitiesHealth benefits401(k)The Materials Manager leads buyers/planners to ensure effective material replenishment for the factory. This role ensures the right inventory levels to support customer demand, keep production lines running, and meet working capital targets. The Materials Manager is responsible for improving inventory turns, improving supplier on-time delivery, managing raw materials, finished goods inventory, goods in transit, and vendor-managed inventory.This role will be located in Wood Dale, Illinois, and will be onsite.In this role, a typical day will look like:Lead and develop a team of buyer/planners to ensure effective material planning and replenishmentEnsure optimal inventory levels to support customer demand while minimizing excess and ensuring the production cells do not have stock outsDrive continuous improvement in inventory turns and overall working capital performanceMonitor and improve supplier on time delivery and material availability to prevent production disruptionsOversee end to end material flow, including ordering raw materials, goods in transit, finished goods, and vendor managed inventory (VMI)Collaborate with production, quality, and manufacturing engineering to mitigate any interruptions from suppliersManage all open purchase orders with suppliers and minimize past due POs.Establish and maintain material planning parameters (safety stock, reorder points, lead times, kanban, min/max)Analyze demand forecast and align supply plans to meet current customer requirements and service level targetsIdentify and mitigate supply chain risk, including shortages, delays, and supplier performance issuesImplement and drive best practices in inventory management, material planning, and ERP system utilizationLead continuous improvement initiatives (kaizens) focused on cost reduction, inventory reduction, and adding suppliers to VMIUsing VES tools, identify root cause to On Time Delivery misses and inventory misses and lead the team to create countermeasuresDevelop and mentor subordinates to build a strong pipeline of future leaders, ensuring effective succession planning and bench strength The essential requirements of the job include:Bachelor's Degree and/or Master's Degree in Engineering or Business AdministrationMinimum of 10 years of progressive experience in Materials Management.Minimum of 4 years of experience in a Materials Management leadership role Knowledge of VES Tools (Kaizen, 5S, SQDP, PSP, others)Excellent interpersonal and communication skillsComputer Literate, MS applicationsVideojet is proud to part of the Product Quality & Innovation segment of Veralto (NYSE: VLTO), a $5B global leader dedicated to ensuring access to clean water, safe food and medicine, and trusted essential goods. When you join Veralto's vibrant global network of 17,000 associates, you join a unique culture and work environment where purpose meets possibility: where the work you do has an everyday impact on the resources and essentials we all rely on, and where you'll have valuable opportunities to deepen your skillset, pursue your ambitions, and grow your career. Together, we're Safeguarding the World's Most Vital Resources™—and building rewarding careers along the way.US ONLY :The below range reflects the range of possible compensation for this role at the time of this posting. We may ultimately pay more or less than the posted range. This range may be modified in the future. An associate's position within the salary range will be based on several factors, including, but not limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, any collective bargaining agreements, and business or organizational needs.The compensation range for this role is $150,000 - $160,000 USD per year. This job is also eligible for Bonus Pay.We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance and 401(k) to eligible employees.Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.US residents: In any materials you submit, you may redact or remove age-identifying information such as age, date of birth, or dates of school attendance or graduation. You will not be penalized for redacting or removing this information.Veralto Corporation and all Veralto Companies are committed to equal opportunity regardless of race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity, or other characteristics protected by law. We value diversity and the existence of similarities and differences, both visible and not, found in our workforce, workplace and throughout the markets we serve. Our associates, customers and shareholders contribute unique and different perspectives as a result of these diverse attributes.