Inventory Manager Mid-Sr

Job Description

Job Description

Benefits:

• Health insurance
• Opportunity for advancement
• Paid time off
• Training & development
• Vision insurance
• 401(k)
• 401(k) matching
• Competitive salary

Title: Inventory Manager (IM), Mid-Senior

Details:

• Status: Full-Time
• Schedule: 0800hrs – 1630hrs; M-F
• Location: On-Site, Aberdeen, MD 21001
• Supervisory: Yes

Key Roles/Duties:

• Lead and implement inventory management, supply chain, and customer demand strategies aligning with the Company's goals
• Optimize logistics, procurement, and inventory management to improve efficiency, reduce costs and maintain proper stock levels to avoid shortages or excess inventory to include
• Identify, select, and maintain relationships with suppliers and negotiate contracts, pricing, and terms
• Manage the acquisition and storage of raw materials, parts, or finished goods to ensure on-time delivery and cost-effective procurement
• Manage transportation, warehousing, and distribution of goods
• Participate in and help develop demand forecasting and planning activities to proactively prevent overstock or stockout conditions
• Analyze supply chain performance data to identify inefficiencies and opportunities for continuous improvement
• Analyze supplier performance to ensure compliance with all applicable quality and customer standards
• Monitor, analyze, and report on critical inventory activities using Key Performance Indicators (KPIs). The Inventory Manager shall be responsible for achieving and maintaining performance metrics including but not limited to:
  • Orders Team Members’ Task Completion Rate (TCR) - percentage of how often direct reports complete their tasks on time
  • Stockout Rate (SOR) - percentage of business days that production and/or customer supply is delayed due to material shortage
  • On-Time Delivery (OTD) - percentage of outbound deliveries that are shipped on-time
  • Supplier Delivery Accuracy Rate (SDA) - percentage of inbound deliveries that are on-time and product is in compliance with all applicable requirements and standards 
  • Inventory Accuracy Rate (IAR) - percentage of physical inventory counts that are accurate to company records and/or our ERP/MRP system
• The Inventory Manager shall monitor performance, implement corrective actions, and provide regular reporting to leadership to ensure these metrics are achieved and sustained throughout each product launch
• Develop contingency plans and alternative sourcing strategies
• Ensure supply chain practices meet environmental and ethical standards while also complying with regulations related to trade, safety, and labor
• Ensure bonded inventory programs that reduce lead time and improve inventory turns
• Lead cost reduction initiatives with suppliers and secured customer approvals for savings
• Assist in quoting for new projects, including pricing strategy, vendor collaboration and material configuration coordination with cleared venders
• Ensure inventory, supply chain, and customer demand activities and transactions are accurate and fully aligned with the company’s Enterprise Resource Planning (ERP) and MRP systems.
• Perform supervisory responsibilities, including task prioritization, performance oversight, process enforcement, and employee development for assigned personnel
• Other duties, as assigned
• Shipping & Receiving Responsibilities
  • In addition to the above, the Inventory Manager will supervise and manage the shipping and receiving operations, including:
  • Manage and oversee the intake of incoming materials and outbound shipments to ensure accuracy, completeness, and proper documentation
  • Coordinate cross functionally with Manufacturing and Program teams to prioritize, schedule and execute shipments
  • Accountable for team compliance in all packing, labeling, and shipping activities to ensure adherence to customer and regulatory requirements (e.g., military, international, hazmat)
  • Lead resolution of shipping discrepancies, serving as primary point of contact with carriers, vendors, and internal teams
  • Provide oversight and hands-on support as required to ensure operational continuity and schedule adherence
  • Direct and supports material movement using material handling equipment as needed
  • Ensure inventory accuracy through supervisory review of receiving documentation and ERP/MRP system transactions (and/or other required tracking methods)

Basic Qualifications:

• Associate’s degree in Supply Chain Management, Logistics, Business Administration, Industrial Engineering, or a related field or equivalent experience 
• Three (3)+ years of demonstrated experience in an equivalent or similar role
• Demonstrated experience using an ERP/MRP system
• Demonstrated experience with ISO 9001:2015 or other industry-specify quality systems
• Maintain highly organized and detailed records
• Ability to operate material handling equipment (i.e. forklifts, pallet jacks, etc.)
• Strong proficiency with Microsoft Office tools

Preferred Qualifications:

• Bachelor’s degree in Supply Chain Management, Logistics, Business Administration, Industrial Engineering, or a related field
• Certification such as:
  • Production and Inventory Management (APICS CPIM)
  • Certified Supply Chain Professional (CSCP)
  • Certified Professional in Supply Management (ISM CPSM)
  • Heavy Equipment Operator Certifications (such as Forklift)
  • Council of Supply Chain Management (CSCMP) Supply Chain Foundations Certifications:
    • Manufacturing and Service Operations
    • Demand Planning
    • Customer Relationship Management
    • Transportation Management
    • Procurement Professional
    • Warehouse Operations
• Six (6)+ years of demonstrated experience in an equivalent or similar role
• Hands-on experience with production line support and troubleshooting
• High proficiency with ERP/MRP systems, specifically with Deltek Costpoint

Travel:

• Minimal, local travel less than 5% of the year

Clearance: Applicants selected will be subject to a background check and/or security investigation and may need to meet eligibility requirements for access to classified information

• No clearance required, but ability to obtain, if needed, required

Veritech is committed to hiring and retaining a diverse workforce. We are proud to be an Equal Employment Opportunity/Affirmative Action employer making decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected class by applicable federal, state, local, or international law. Veritech is committed to providing an application process accessible to all, including individuals with a disability, by offering an alternative way to apply for job openings. This alternative method is available for those who cannot otherwise complete the online application due to a disability or need for accommodation. Veritech provides reasonable accommodation to applicants under the guidance of the Americans with Disabilities Act (ADA), Section 503 of the Rehabilitation Act of 1973, the Vietnam-Era Veterans' Readjustment Assistance Act of 1974, and certain state and/or local laws. If you need assistance due to a disability, please contact the Veritech Human Resources via View email address on us.fitly.work or call View phone number on us.fitly.work. U.S. Citizenship is required for most positions.