Inventory Coordinator

Overview

Russell Tobin & Associates is currently seeking a Inventory Planner (Supply Chain), 6+ Months Contract role for one of our Fortune 500 clients, for Manhattan, NY (Remote). Apply today for immediate consideration.

Position:
Inventory Planner (Supply Chain)

Location:
Manhattan, NY (Hybrid)

Contract Duration: 6+ months with potential extension

Pay rate: $/hr on w2

• This role manages supply chain planning, costing, financial communication, on-time delivery, and inventory for specific business categories.
• This role is a trusted advisor for both internal cross-functional partners and external vendors.
• This person has exceptional attention to detail, strong communication and influencing skills, and is motivated working in a fast-paced environment.
• Responsible for ordering and management of Component Inventory and Finished Goods
• Ensure vendor OT&C accountability is at 95% or higher
• Ensure finished product is delivered to warehouses in a timely manner; work in conjunction with vendors to prioritize production
• Expedite shipments / production to meet speed initiatives
• Short-term and long-term capacity planning
• Issue component and finished good purchase orders and negotiate with vendors to secure production
• Communicate new launch forecasts and medium-range receipt plans
• Partner with vendors to identify future supply chain requirements
• Brand Management
• Build relationship as a trusted advisor
• Responsible for communicating/updating changes to open orders: status reporting to cross-functional partners (OT&C accountability at 95%)
• Review and communicate feasibility and timing for all buy requests
• Informs cross-functional partners of excess inventory in Semi Annual Sales and Clearance buys; assist with component run-outs to reduce inventory liability
• Partners with cross-functional partners to develop new launch and medium range receipt plan
• Understand and support business and process changes by utilizing a speed and agility mindset
• Identify opportunities to reduce lead times
• Identify opportunities to gain agility within the supply chain
• Inventory Management
• Responsible for the data integrity of Material Requirement Planning (MRP) that will enable a consistent planning horizon
• Execute buys using SAP MRP
• Manage to component inventory targets
• Manage detailed Bill of Material (BOM) accuracy (waste factors and usage); work closely with Inventory Control during Book to Book to identify and resolve BOM issues
• Assist Inventory Control with Physical Inventory and provide support to resolve issues
• Provide justification for excess inventory in quarterly review of Excess and Obsolete reconciliation
• Conduct End of Season inventory management planning; execute ad hoc cycle counts and run outs to reduce liability
• Analyze data, reviewing reports, and resolve issues to maintain a clean Book of Business with focus on inventory turns

• Bachelor's Degree in related field
• 3-5 years of production planning, supply chain, or inventory management experience
• Experience in manufacturing and/or consumer goods/retail preferred
• Solid business acumen and ability to make recommendations and business decisions in partnership with leader
• Ability to work in a fast-paced environment with demonstrated initiative and ability to achieve results
• Ability to build and foster strong trusted advisor relationships with internal and external partners
• System and computer proficiency (SAP, MSOffice)

Russell Tobin offers eligible employees comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance and hospital indemnity), a 401(k)-retirement savings, life & disability insurance, an employee assistance program, identity theft protection, legal support, auto and home insurance, pet insurance, and employee discounts with some preferred vendors.