Senior Manager, Global Inventory Process Owner

## Senior Manager, Global Inventory Process OwnerApplylocations: US-NJ-Princeton-100-Headquarterstime type: Full timeposted on: Posted Yesterdayjob requisition id: JR-5827Changing lives. Building Careers.Joining us is a chance to do important work that creates change and shapes the future of healthcare. Thinking differently is what we do best. To us, change equals opportunity. Every day, our colleagues are challenging what’s possible and making headway to innovate new treatment pathways to advance patient outcomes and set new standards of care.The **Global Inventory Process Leader (Sr. Manager)** is responsible for defining, standardizing, and continuously improving inventory management processes across the global supply chain network. This role ensures governance, compliance, and optimization of inventory policies to achieve service level targets while minimizing working capital. The position partners with regional planning teams, finance, operations, and IT to drive process excellence, digital enablement, and inventory health initiatives.# # # Key Responsibilities* Process Ownership & Governance: Define global inventory management standards, policies, and governance frameworks; ensure compliance across all regions.* Inventory Strategy & Optimization: Develop and maintain global inventory strategies for raw materials, WIP, and finished goods; drive initiatives to reduce excess and obsolete inventory while maintaining service levels.* Analytics & Performance Management: Establish and monitor KPIs for inventory health, turns, and working capital; provide insights and recommendations to senior leadership for trade-offs between service and cost.* Digital Transformation: Lead implementation of advanced inventory planning tools and analytics; champion automation and predictive modeling for inventory optimization.* Cross-Functional Collaboration: Partner with supply planning, demand planning, finance, and operations to align inventory targets with business objectives; facilitate global forums for inventory governance and continuous improvement.* Continuous Improvement: Identify process gaps and implement best practices to enhance inventory visibility and control; benchmark against industry standards and integrate innovative solutions.# # Qualifications* Bachelor’s degree in Supply Chain, Operations, Business, or related field; Master’s preferred.* 10+ years of experience in inventory management, supply chain planning, or related roles.* Expertise in ERP/APS systems (SAP, Kinaxis, OMP) and advanced analytics tools.* Strong understanding of S&OP/IBP processes and inventory optimization techniques.* Excellent communication, influencing, and stakeholder management skills.# # Key Performance Indicators (KPIs) & Success Metrics* Inventory Turns: Improve by X% annually while maintaining service levels.* Working Capital: Achieve corporate targets for inventory-related working capital.* Process Compliance: Maintain ≥ 98% adherence to global inventory policies.* Excess & Obsolescence Reduction: Reduce by X% year-over-year.* Digital Adoption: Implement at least 2 technology-driven inventory optimization initiatives annually.* Reporting Accuracy: Deliver timely and accurate global inventory dashboards within 48 hours of cycle completion.# Salary Pay Range:$125,350.00 - $172,500.00 USD SalaryOur salary ranges are determined by role, level, and location. Individual pay is determined by several factors including job-related skills, experience, and relevant education or training**.** In addition to base pay, employees may be eligible for bonus, commission, equity or other variable compensation**.** Your recruiter can share more about the specific salary range for your preferred location during the hiring process.Additional Description for Pay Transparency: Subject to the terms of their respective plans, employees and/or eligible dependents are eligible to participate in the following Company sponsored employee benefit programs: medical, dental, vision, life insurance, short- and long-term disability, business accident insurance, and group legal insurance, and savings plan (401(k)). #J-18808-Ljbffr