Inventory Manager

Fortune Brands Innovations, Inc. is an industry-leading home, security and digital products company. We’re focused on exciting opportunities within the home, security and commercial building markets. Our driving purpose is to elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too.

At Fortune Brands, we’re building something big. We’re advancing exciting innovations in all of our products and processes. We’re delivering trust, dependability, sustainability, and style. To make it all happen, we’ve transformed our workplace into an environment where smart, ambitious people have the support to reach their fullest potential.

When you join Fortune Brands, you become part of a high-performing team empowered to think big, learn fast and make bold decisions. We support an inclusive culture where everyone is encouraged be their authentic selves, and where our differences and unique perspectives are a key strength.

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As Inventory Manager , you will be responsible for achieving inventory targets for our Water segment. As a Inventory Manager, you’ll be the mastermind behind our inventory management strategy. You’ll oversee $500 million worth of inventory globally, ensuring our products flow seamlessly from production to distribution. By working closely with 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.

Location: This position is eligible for a hybrid schedule based out of Deerfield, IL. The hybrid schedule requires in office presence Tues-Thurs with the option to work remotely on Monday & Friday.

Responsibilities

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).; Build and lead a high-performing team. You’ll start with two Buffer Managers reporting to you, but your vision extends beyond that.; Foster a collaborative and agile work environment.; Drive the transition from Materials Requirements Planning (MRP) to Demand-Driven Material Requirements Planning (DDMRP); 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.; 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.

Requirements

Minimum of 5 years of experience in supply chain operations, including experience in inventory management and supply/demand planning.; Experience with SAP required.; Strong project management background.; Demonstrated team and influential leadership.; Detailed knowledge of MRP/DDMRP systems and processes.; Strong analytical capability and use of data to influence action.; Strong verbal and written communication.; Passion for inventory optimization.

Nice to have

Knowledge of Orchestr8 (O8) Demand Driven Planning System and/or DDMRP.; Lean Six Sigma, APICS Certified.