Inventory Optimization Specialist

2 months ago


Bedford, Bedford, United Kingdom Werfen Full time

Position Summary:

Werfen seeks a dedicated Inventory Optimization Specialist to play a vital role in managing finished goods inventory levels and collaborating with key partners. This position involves analyzing inventory positioning, coordinating replenishment strategies, and ensuring efficient inventory management practices.

Key Accountabilities:

  • Develop and execute comprehensive inventory replenishment plans in collaboration with strategic partners.
  • Achieve annual targets for maintaining optimal finished goods inventory levels.
  • Proactively identify potential inventory issues and propose effective solutions to minimize scrap exposure.
  • Coordinate shipment logistics and meticulously monitor forecast and safety stock levels.
  • Review stocking orders with strategic partners, ensuring efficient allocation of shelf-life products for timely shipments.
  • Maintain and update computerized inventory management systems with accurate data to ensure compliance and operational efficiency.
  • Prepare comprehensive status reports and contribute to other related tasks as assigned.

Skills & Capabilities:

  • Exceptional verbal and written communication skills, enabling clear and concise interaction with diverse stakeholders.
  • Proven ability to collaborate effectively within a team environment, fostering positive relationships with colleagues and partners.
  • Demonstrated tact and diplomacy in resolving issues and finding mutually beneficial solutions.

Qualifications:

  • 3 to 5 years of proven experience in inventory management within a relevant industry.
  • Bachelor's degree in Business Administration, Statistics, Industrial Engineering, or Economics.
  • Hands-on experience with Demand Planning and Sales and Operations Planning processes.
  • Proficiency in utilizing computerized inventory and distribution management systems.


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