As Inventory Manager, you will be responsible for achieving inventory targets for our Outdoors business unit. In this role, you will be the mastermind behind our inventory management strategy, overseeing $250 million of inventory, ensuring our products flow seamlessly from production to distribution. By working closely with our partners in finance, demand, supply, and production planning across the business, you will identify and execute opportunities for inventory optimization, reduced costs, and enhance our supply chain efficiency.Position location: This position is eligible for a hybrid schedule based out of Deerfield, IL. Effective mid-2025, Fortune Brands will transition to a new world-class campus in Deerfield, bringing together associates from across our U.S. offices, brands, and functions. The campus will offer vibrant workspaces for collaboration, along with amenities for dining, onsite daycare, fitness and recreation.RESPONSIBLIITIES:Inventory Optimization:Meet inventory and WCE Targets; partner with finance to develop OP and drive accuracy of monthly forecasting cycle.Create KPIs and inventory governance policy for the business.Lead safety/buffer stock strategy and execution.Identify areas of inventory optimization opportunity; establish and execute project funnel.Prepare detailed reports on inventory operations, adjustments, and trends.Create programs and processes to deal with Obsolete and Slow-Moving Inventory (OSMI).Team Building:Build and lead a high-performing team. This team will be built based on your vision.Foster a collaborative and agile work environment.Strategic Transformation:Manage materials planning systems and processes; ensure accuracy of data (MDM), optimization of configuration, and process compliance.Support key supply chain initiatives and scenario planning.Project Management:Devote a significant portion of your time to managing inventory reduction projects and programs.Use your project management skills to streamline processes and enhance efficiency.
