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Director of Inventory
Director of InventoryFlowserve • Irving, TX, US
Director of Inventory

Director of Inventory

Flowserve • Irving, TX, US
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Global Inventory Planning Director

The Global Inventory Planning Director is responsible for developing and executing global inventory strategies that align with Flowserve's operational excellence and financial objectives. This role requires a strategic leader who can integrate advanced inventory management practices across our global operations to enhance efficiency and service levels.

Primary Role & Responsibilities

  • Strategic Planning : Develop and implement global inventory strategies aligned with business goals, taking into account market trends and supply chain dynamics.
  • Advanced Analytics : Utilize data analysis tools to optimize inventory levels across all product lines, ensuring alignment with demand forecasts.
  • Demand Forecasting : Lead the creation of accurate demand forecasts to maintain optimal inventory levels and minimize logistical discrepancies.
  • Inventory Optimization : Apply methodologies such as JIT, EOQ, and safety stock calculations to refine inventory practices.
  • Cross-Functional Collaboration : Work closely with sales, purchasing, operations, and logistics to ensure cohesive inventory planning and execution.
  • Performance Monitoring : Define and track KPIs related to inventory efficiency, such as turnover rates, stock-out rates, and carrying costs.
  • Process Improvement : Continuously seek and implement improvements to inventory management processes to reduce costs and increase efficiency.
  • Technology Adoption : Oversee the evaluation and integration of new inventory management systems and technologies.
  • Team Leadership : Build and lead a high-performing inventory planning team, fostering a culture of achievement and continuous improvement.

What Sets This Role Apart

  • Deep Expertise : Comprehensive knowledge in inventory management, forecasting techniques, and supply chain optimization.
  • Leadership Skills : Strong ability to lead cross-functional teams, build consensus, and drive organizational change.
  • Innovative Mindset : Proactively explore and implement advanced technologies and data-driven approaches to enhance inventory planning.
  • Results-Oriented : Demonstrated success in improving key inventory metrics, including cost reductions, service level enhancements, and turnover rates.

    • Qualifications

  • Education : Master's degree in Engineering or Supply Chain Management; MBA preferred.
  • Experience : At least 10+ years in supply chain or continuous improvement roles, with a minimum of 3+ years in a senior inventory planning position within a manufacturing environment.
  • Proven experience with successful improvements to Days Sales Inventory (DSI), demonstrating capability in significantly enhancing inventory turnover and efficiency.
  • Certifications : CPIM certification highly desirable.
  • Skills : Proficiency with ERP systems such as Avante, Oracle, SAP, and Syteline, strong financial acumen, and expertise in Lean Manufacturing principles.

    • Preferred Qualifications

  • A proven track record of strategic planning and effective execution within global supply chain operations.
  • Experience in managing material flow throughout manufacturing facilities from inception to completion.
  • Ability to work effectively in a fast-paced, global manufacturing environment.
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    Director Of Inventory • Irving, TX, US