Inventory Optimization / Demand Planning Manager

Job Summary

Monday - Friday, 8am-5pm

Radwell International is seeking a strategic and data-driven Inventory Optimization & Demand Planning Manager to lead enterprise-wide inventory performance from our Willingboro, NJ headquarters. This leadership role is responsible for developing and executing forecasting and inventory strategies that ensure the right stock is in the right place at the right time—supporting customer satisfaction, cost management, and working capital goals. The successful candidate will manage the demand planning process, collaborate cross-functionally with commercial and operations teams, and drive continuous improvements in inventory performance across product categories and global sites.

Key Responsibilities

1. Inventory Strategy & Planning

• Own and continuously improve Radwell’s inventory planning framework, including segmentation, stocking policies, and target service levels.
• Lead the development and execution of multi-site inventory strategies aligned with business growth and operational goals.
• Define and maintain global parameters such as safety stock, reorder points, and replenishment triggers using advanced planning tools.

2. Demand Planning Leadership

• Lead the demand forecasting process using a combination of statistical methods, sales input, and market intelligence.
• Facilitate cross-functional forecast reviews with sales, marketing, and finance to align volume and revenue plans.
• Identify and act on forecast gaps, seasonality, promotions, and new product introductions.

3. Cross-Functional Collaboration

• Serve as the key liaison between procurement, sales, operations, and finance for all demand and inventory-related matters.
• Influence upstream and downstream decision-making to improve supply chain responsiveness and reduce inefficiencies.
• Support the S&OP process through timely and accurate supply-demand alignment and scenario planning.

4. Inventory Performance & Optimization

• Monitor and drive improvement in key metrics such as inventory turnover, fill rate, days of inventory, and obsolescence.
• Lead initiatives to reduce excess and slow-moving stock through proactive planning, internal sales efforts, and liquidation strategies.
• Manage working capital targets through optimized inventory and replenishment planning.

5. System & Process Ownership

• Champion the use of inventory and forecasting tools to automate and enhance decision-making.
• Identify and implement process improvements that increase forecast accuracy and inventory agility.
• Ensure master data quality and governance to support accurate planning and reporting.

6. Team Management

• Lead and develop a small team of planners or analysts.
• Set goals, provide coaching, and conduct performance reviews in alignment with company values and priorities.

Qualifications

• Education: Bachelor’s degree in Supply Chain, Business, Engineering, Finance, or related analytical field required. Advanced degree or professional certifications (CPIM, CSCP, CPSM, CIPS) not essential but nice to have.
• Experience: 5–8 years of progressive experience in inventory planning, demand forecasting, or supply chain management, preferably in a procurement function of distribution, industrial, or aftermarket environment. Prior leadership experience (formal or informal) preferred.

Skills

• Strong analytical, modeling, and problem-solving capabilities.
• Advanced Excel skills and experience with forecasting/inventory planning systems.
• Excellent interpersonal and communication skills across all organizational levels.
• High attention to detail with a continuous improvement mindset.
• Ability to manage competing priorities and thrive in a fast-paced, dynamic environment.

Core Competencies

• Strategic Thinking: Develops long-term plans and policies that drive business growth and operational excellence.
• Leadership & Influence: Builds trust and alignment across functions without relying solely on authority.
• Business Acumen: Understands financial implications of inventory decisions and supports overall business profitability.
• Change Management: Leads transformation initiatives with clear planning, stakeholder engagement, and adaptability.
• Customer Focus: Aligns inventory and demand plans with customer service level expectations and fulfillment capabilities.

Performance Metrics

• Inventory turnover and working capital improvement
• Forecast accuracy and bias (e.g., MAPE, forecast value add)
• Fill rate and service level performance
• Excess and obsolete inventory reduction
• Process automation and efficiency gains

SALARY RANGE INFORMATION

The range displayed on each job posting reflects the targeted base salary for the position. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training.

SALARY RANGE

$115K-$135K base salary (overtime exempt), plus 10% bonus