Inventory Manager (5433)

Broan-NuTone leads the residential ventilation industry in North America with our innovative products, fulfilling our mission to improve people's lives through better air. We are present in more than 110 million homes in North America and are proud to move almost 13 trillion cubic feet of fresh air per year. Our 2,000+ entrepreneurs operate in four countries and our quality products are made by five manufacturing facilities we own and by trusted supply partners. Our leading brands include Broan, NuTone, Zephyr, Best, Venmar, and vanEE.

At Broan-NuTone we are all about growth, so we have a one-page Growth Agenda that serves as our true north at all levels in the organization. Founded in 1932, Broan-NuTone is the largest company in Madison Air, one of the world's largest privately held companies with 8,000 entrepreneurs, $10 billion in enterprise value, and 42 manufacturing facilities in 11 countries around the world. Madison Air's mission to make the world safer, healthier, and more productive through the transformative power of air brings us all together. We are also passionate about the safety of our entrepreneurs, a culture that promotes safety, innovation, growth, a bias for action, and building trust.

Job Responsibilities:

• Develop and maintain inventory optimization models to set safety stock levels, reorder points, and ideal inventory targets across all locations.
• Analyze inventory trends and performance metrics to identify opportunities for improvement and cost savings.
• Lead the implementation of inventory management tools and systems to improve visibility and control.
• Create and distribute regular reports and dashboards on inventory health, slow-moving/obsolete stock, and key KPIs (ex: Stock out Rate, Inventory Turnover, Inventory Accuracy etc.)
• Drive continuous improvement initiatives to reduce excess inventory and improve inventory turnover.
• Support the financial reconciliation of the SIOP plan with budgets and forecasts.
• Partner with IT and data science teams to integrate AI/ML models into demand forecasting and inventory optimization.
• Analyze the financial impact of inventory, supply, and demand decisions on working capital and cost of goods sold (COGS).
• Support SIOP with new product introductions and end-of-life planning with appropriate inventory strategies.
• Ensure compliance with corporate policies and regulatory requirements related to inventory management.

Job Requirements:

• Data analytics expertise
• Ability to translate data into information and recommendations
• Multi modal communication skills
• Ability to build trust quickly

Physical Requirements:

• Ability to move throughout manufacturing facilities

At Broan NuTone, we take pride in offering exceptional benefit packages and a highly competitive pay structure to our employees. Our comprehensive benefits include health, dental and vision insurance, company paid life insurance, disability insurance, retirement plans, paid time off, wellness program, education assistance, parental leave, and employee assistance programs. In addition, we provide a competitive pay structure that rewards our employees for their hard work and dedication, ensuring that they are compensated fairly for their contributions. Join our team and enjoy the peace of mind and financial stability that comes with our outstanding benefits and competitive pay.

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