Director of Inventory

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

Qualifications

Preferred Qualifications