Inventory Optimization Specialist na MCNAUGHTON MCKAY GROUP

Description

McNaughton-McKay Group 

Title: Inventory Optimization Specialist 

Summary: 
Support the Materials Management team in implementing and maintaining best practices for inventory management, ensuring optimal stock levels, efficient processes, and strong vendor relationships. 

Key Responsibilities: 

• Help determine proper inventory levels to maximize customer service and profitability 

• Evaluate stock to decide what should be stocked or phased out 

• Collaborate with inventory review teams to support informed stocking decisions 

• Implement and maintain vendor-managed inventory programs 

• Ensure adherence to industry ethical standards 

• Maintain inventory controls, process exceptions, and communicate adjustments to purchasing 

• Perform regular maintenance of item records in the Trend system 

• Optimize inventory positioning across regions, sourcing both OAN and surplus stock 

• Support forecasting and project business planning 

• Assist in analyzing inventory for potential vendor returns 

• Ensure inventory settings are accurate and up to date 

• Collect data to support performance metrics reporting 

• Maintain minimum threshold functionality 

• Provide buyers with key information for decision-making 

• Continuously expand product knowledge through training and seminars 

Knowledge, Skills, & Abilities: 

• Bachelor’s degree in business or supply chain management, or equivalent professional experience in materials, purchasing, or logistics 

• Strong organizational, analytical, and mathematical skills 

• Advanced proficiency in MS Office and business operating systems 

• Solid knowledge of inventory control and materials management 

• Excellent written and verbal communication skills 

• Commitment to ongoing professional development 

Reporting: 

Reports to: Inventory Management Supervisor 

Direct Reports: None 

Working Conditions: 

Normal office environment 

EEO/AA/M/F/Vet/Disability Employer 

Qualifications