Inventory Optimization Specialist
6 days ago
About the Role
Mattel is seeking a highly skilled Inventory Optimization Specialist to join its team. As a key member of our supply chain organization, you will be responsible for optimizing inventory levels and ensuring efficient replenishment processes.
Key Responsibilities:
- Inventory Analysis: Conduct in-depth analysis of inventory levels, trends, and forecasts to optimize stock levels across all product categories and locations.
- Demand Forecasting: Collaborate with the forecasting team to analyze demand patterns and ensure accurate forecasting models are maintained.
- Replenishment Optimization: Implement strategies to improve replenishment processes, including optimizing safety stock levels and replenishment schedules.
- Performance Monitoring: Track and report on key inventory metrics such as inventory health, forecast variance, inventory projections, and fill rate. Provide actionable insights and recommendations for improvement.
- Data Management: Maintain and update inventory databases and systems, ensuring data accuracy and integrity.
- Reporting: Prepare regular reports and dashboards for management review, highlighting inventory performance, trends, and exceptions.
- Continuous Improvement: Identify opportunities for process improvement and efficiency gains in inventory management practices.
Requirements:
- Education: Bachelor's degree in Business Administration, Supply Chain Management, Logistics, or a related field preferred.
- Experience: Proven experience as an Inventory Analyst or in a similar role, preferably within the retail or consumer goods industry.
- Skills:
- Strong Analytical Skills: Proficiency in Excel or other data analysis tools.
- Knowledge of Inventory Management Software: Advantageous.
- Excellent Communication and Interpersonal Skills: Ability to collaborate effectively across teams.
- Detail-Oriented and Capable of Managing Multiple Priorities: Dynamic environment.
- Ability to Thrive in a Fast-Paced Agile Environment: Essential.
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