Inventory Optimization Manager
2 weeks ago
Job Description:
We are seeking a skilled Inventory Optimization Manager to join our team at Silver Spoon. In this role, you will be responsible for ensuring product availability meets a target of 99.5% while aligning stock levels with demand variability, seasonality, minimum order quantities, and lead times.
You will work closely with the sourcing team to maximise supplier performance, streamline supply processes, and initiate continuous improvement efforts. Additionally, you will ensure stock accuracy through regular stock takes and reconciliations, and monitor customer-perceived service levels, proactively addressing any gaps by working with logistics to refine inbound supply processes.
The ideal candidate will have in-depth knowledge of S&OP/IBP within FMCG manufacturing (ideally food) and experience with ERP and MRP processes, product setup, and contract packing. Advanced Excel and Business Intelligence (BI) skills are also required, along with experience in dashboard creation and data analysis for strategic decision-making.
A competitive salary of £65,000 plus an exceptional benefits package, including a car allowance, bonus, private healthcare, pension contribution, and more, is on offer.
Key Responsibilities:
- Ensure product availability meets a target of 99.5%
- Manage working capital targets and anticipate supply chain needs
- Build strong relationships with suppliers
- Represent the supply function in the S&OP cycle
- Drive improvements in planning processes
- Collaborate closely with the sourcing team
Requirements:
- In-depth knowledge of S&OP/IBP within FMCG manufacturing
- Experience with ERP and MRP processes, product setup, and contract packing
- Advanced Excel and BI skills
- Strong interpersonal and presentation skills
- Demonstrated experience in change initiatives and a culture of continuous improvement
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