Inventory Optimization Manager
Inventory Optimization Manager
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Job Description
Inventory Optimization Manager
Irvine CA (Hybrid)
Position Summary
Thales is looking for an Inventory Optimization Manager to be responsible for achieving annual inventory reduction targets by collaborating with other supply chain functions and external stakeholders. This position is responsible for optimizing $150M inventory with additional stock that is carried at other IFE or vendor locations. This position will be located onsite at Irvine California and is part of a global operations and supply chain network supporting airline customers and our AGS site.
In this position you will monitor inventory levels across all locations and product lines effectively collaborate within and outside operations and supply chain teams to find opportunities for inventory reduction and increase inventory turns. You will also devise and manage an annual inventory reduction plan with the goal to strategically and organically reduce inventory capital cost across all product lines. The position will work with leadership on multiyear inventory burn down analysis reserve calculations and sometimes supporting financial audits as directed by leadership.
This position will require substantial crossfunctional leadership. Strong analytical capabilities and above average communication & presentation skills are necessary as this role will require regular interaction and discussion with senior leadership globally.
Key Areas of Responsibility
- Ensure global achievement of both revenue and inventory goals while collaborating with S&OP actors and other operations finance and supply chain functions; Lead the crossfunctional monthly Inventory Management cadence tracking progress on inventory reduction initiatives and inventory levels by various programs and product lines; Identify how to efficiently tag inventory under various categories such as nominal MOQ impact surplus excess obsolete/strategic etc. with the goal to improve control and management of stock.
- Collaborate with EIM and other functions to implement process improvement strategies that will allow for easy inventory gate controls at both upstream processes such as purchasing demand capture etc. as well as downstream processes such as managing inventory aging s obsolescence etc.
- Collaborate with logistics teams to implement right warehouse bin strategies and batch management process to ensure inventory aging can be easily tracked.
- Implement and Lead processes that will improve supply chain agility to quickly respond to sudden shift in demand / supply mitigating risks of excess inventory; In collaboration with forecasting and planning teams manage an annual inventory forecast and track progress on a weekly basis and mitigate high MOQ long lead times from key suppliers.
- Aggregate large amounts of data filter for importance and tie together in a context relevant story designed to drive action.
- KPIs ownership: Inventory Gross Value Days of Inventory On hand Finished Good and excess; S&OP process effectiveness; Design analyze and present KPIs to key stakeholders. Help stakeholders develop plans to meet and exceed KPI targets.
Minimum Qualifications
- Bachelors degree in operations supply chain industrial engineering business or other related field with 8 years of related experience or Masters degree with 6 years of related experience.
- 2 years experience in inventory reduction or planning and forecasting function; Experience with largescale change management projects.
- Capable of influencing and driving decisions across all levels; Able to be successful driving change in a highly matrixed environment; Leadership presence and the ability to lead a process in a highly matrixed environment; Demonstrated abilities to coach develop and mentor team members on inventory reduction methodologies.
- Experience leading Inventory optimization functional area (supply demand and/or Finance); Experience developing and managing projects/programs; Excellent written verbal and presentation skills; Strong analytical organizational decision making skills; Ability to interface with senior management and effectively represent global/functional positions in a highpressure environment; Experience creating executive friendly presentations on complex business and supply chain topics and presenting to senior level audience.
- Proven ability to build and maintain productive crossfunctional relationships excellent communications and interpersonal skills; Passion to drive worldclass excellence. Experience with business intelligence / planning analytical tools. Ex: Power BI SAP Tableau or similar is a plus.
- Demonstrated ability to lead cross functionally without formal authority and will be able to successfully represent the global organization to help navigate sometimescompeting priorities.
If youre excited about working with Thales but not meeting the requirements for this position we encourage you to join our Talent Community!
Special Position Requirements
- Schedule: Core Business Hours Monday Friday with 9/80 option. May be required to work outside core business hours to meet business needs.
- Physical Environment: Manufacturing/production areas warehouse.
- Physical Demands: Computer work 50 standing/walking 50 lifting rarely and less than 50lbs.
- Travel: Less than 5 annually.
- Regulatory Compliance Requirements: None.
What We Offer
The anticipated TTC range for this role is $139874.00 $186288.50 USD Annual. The Company reserves the right to ultimately pay more or less than the posted range and offer additional benefits and other compensation depending on circumstances not related to an applicants status protected by local state or federal law.
Why Join Us
Say HI and learn more about working at Thales click here.
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This position will require successfully completing a postoffer background check. Qualified candidates with a criminal history will be considered and are not automatically disqualified consistent with federal law state law and local ordinances.Thales champions inclusion and we believe diversity strengthens the fabric of our culture. Thales is an Equal Opportunity Employer including disability/veterans.
If you need an accommodation or assistance in order to apply for a position with Thales please contact us at .
The reference Total Target Compensation(TTC) market range for this position inclusive of annual base salary and the variable compensation target is between
This reflects how companies in a similar industry and geographic region generally pay for similar jobs. This range helps the Company make pay decisions as one data point among many. Where a position falls within this range is also dependent on other factors including but not limited to the employees career path history competencies skills and performance as well as the companys annual salary budget the customers program requirements and the companys internal equity. Thales may offer additional benefits and other compensation depending on circumstances not related to an applicants status protected by local state or federal law.
(For Internal candidate if you need more information please reach out to your HR Shared Service 1st Point)
Thales provides an extensive benefits program for all fulltime employees working 30 or more hours per week and their eligible dependents including the following:
Elective Health Dental Vision FSA/HSA Voluntary Life and AD&D Whole Group Life w/LTC Critical Illness Hospital Indemnity Accident Insurance Legal Plan Identity Theft and Pet Insurance
Retirement Savings Plan after 30 days of employment with a company contribution and a match and with no vesting period
Company paid holidays and Paid Time Off
Company provided Life Insurance AD&D Disability Employee Assistance Plan and Wellbeing Program
Required Experience:
Manager
Employment Type
Full-Time
