Forecasting & Inventory Manager


Job Details

** Forecasting & Inventory Manager**

**Job Category****:** Purchasing **Requisition Number****:** FOREC004680 Showing 1 location **Job Details**

**Description**

The Wasserstrom Company, is a leading food service equipment provider in the nation. In business since 1902, we are family owned with corporate offices located in Columbus, Ohio. We have an immediate opening for a **Forecasting and Inventory Manager** in our Purchasing Department. Primary responsibility of this position is to develop and implement specific tactical and strategic initiatives associated with SKU rationalization, category management, the reductions of dead, distressed/overstock inventory and manage/improve sku level forecasts in conjunction with our Sales teams.

**Essential Duties and Responsibilities**

* Review sku level forecasts, measure and improve forecast accuracy in order to minimize customer backorders and improve service.

* Work with sales teams on customer needs and translate those needs into sku level forecasts.

* Primary metrics include inventory turns, service levels, forecast accuracy, and excess inventory.

* Review lead time accuracy and supply and demand variability, to ensure improved service.

* Perform inventory audit to determine quantity and dollar value of "leftover" product after a contract or roll-out is complete.

* Complete monthly and quarterly reports as needed.

* Work directly with Buyers on recommendations outlined in the latest inventory policy updates, to include changing item stock status from "stock" to "non-stock" and vice versa.

* Assist quarterly in identifying surplus inventory and keeping disposition efforts on track and within prescribed timelines.

* Routinely report on plant inventory levels, factors behind the inventory levels and initiatives being taken to increase inventory turns.

* Work directly with sales teams to minimize product purchased by "each", which require large order minimums from vendors.

* Design structured exit plan for all items that are no longer stocked or sold to aggressively dispose of this inventory.

* Lead Excess No Move team (sales, purchasing and corporate leadership members)

**Qualifications and Education**

* 3+ years of Inventory Planning/Forecasting Management required

* Bachelor's degree preferred and/or combination of relevant experience and education

* Strong attention to detail

* Strong sense of urgency

* Proficient in Microsoft Office, advanced Excel skills

* SAP experience preferred

* E3 Forecasting system experience preferred

* Excellent oral and written communication skills

The Wasserstrom Company is a **Tobacco-Free Workplace**.

We offer competitive compensation and benefits packages, including medical, vision, dental, 401(k), ROTH, PTO and profit sharing.

For employment consideration, please complete our online application at .

**EOE AA M/F/Vet/Disability**We are an Equal Opportunity Employer and will give consideration to all applicants without regard to race, color, religion, sex, national origin, protected veteran status or disability.

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Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractors legal duty to furnish information. 41 CFR 60-1.35(c)





 The Wasserstrom Company

 05/21/2024

 Columbus,OH