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Inventory Strategy Manager - Supply Chain

Ferguson EnterprisesNewport News, Virginia

$6,900 - $11,275 / month

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Overview

Schedule
Full-time
Career level
Director
Remote
Hybrid remote
Compensation
$6,900-$11,275/month
Benefits
Health Insurance
Dental Insurance
Vision Insurance

Job Description

Job Posting:

Since 1953, Ferguson has been a source of quality supplies for a variety of industries. Together We Build Better infrastructure, better homes and better businesses. We exist to make our customers’ complex projects simple, successful, and sustainable. We proactively solve problems, adapt and grow to continuously serve our customers, communities and each other. Ferguson, a Fortune 500 company, is proud to provide best-in-class products, service and capabilities across the following industries: Commercial/Mechanical, Facilities Supply, Fire and Fabrication, HVAC, Industrial, Residential Trade, Residential Building and Remodel, Waterworks and Residential Digital Commerce. Ferguson has approximately 36,000 associates across 1,700 locations. Ferguson is a community of proud associates who operate with the shared purpose of building something meaningful. You will build a career that you are proud of, at a company you can believe in.

Inventory Strategy Manager - Supply Chain

This role serves as the Integrated Planning lead for department wide initiatives such as distribution center openings, acquisition planning, and network replenishment changes. This role owns inventory strategy, project execution, and full alignment across cross-functional team members to a unified, executable inventory plan for a given project.

This leader creates alignment across Supply Chain, Category Management, Field Purchasing, Market Inventory Managers, and Field Leaders to ensure inventory readiness is achieved on time, within budget, and aligned to service and working capital objectives for the project.

This is a high visibility role that operates as a leader and executor across various domains of Integrated Planning!

Location: This position is based out of our Newport News, VA HQ on a Hybrid Schedule of 3 days in Office (T, W Th) and 2 days Remote (M, F)

Primary Duties and Responsibilities

  • Manages all aspects of new Distribution Center openings on behalf of Integrated Planning to include product files, slotting files, inventory projections, transfer strategies, stock analysis and other critical tasks.
  • Works closely with Supply Chain Strategy and Warehouse Design to stay in lockstep on project execution. Reports out progress and highlights risk regularly.
  • Serves as the inventory strategy lead for assigned projects, designing and aligning the approach to transfer vs buy and optimal use of inventory layers (safety, cycle, lead, order).
  • Develops and owns the initial inventory buy plan to support given DC go-live.
  • Defines SKU assortment strategy and initial stocking levels.
  • Facilitates decision-making discussions while keeping all interested parties aligned to the plan.
  • Proactively identify trade-offs and present data-driven recommendations.
  • Drives accountability across IP teams to deliver on overall supply chain project timings.
  • Leads cross-functional working sessions to resolve supply constraints, capacity risks, and timing conflicts.
  • Creates service and inventory analysis to support branch replenishment path changes, as well as, advising and completing plans to deliver the strategy change.
  • Serves as the SME for department wide automated processes like TRN and FFT.
  • Collaborates with Warehouse Design to improve the way APS planned inventory drives a better design outcome.

Preferred Skills and Qualifications

  • 5+ years of progressive experience in procurement, inventory planning, or supply chain leadership.
  • Bachelor’s degree in Supply Chain, Business, Finance, or related field preferred.
  • Demonstrated experience leading complex, cross-functional initiatives without direct authority.
  • Experience supporting new facility launches or large-scale inventory builds preferred.
  • Strong financial acumen related to inventory investment and working capital.
  • Advanced analytical and stakeholder management skills.
  • High level of communication and presentation capability.

At Ferguson, we care for each other. We value our well-being just as much as our hard work. We are committed to a holistic approach towards benefits plans and programs that support the mental, physical and financial well-being of our associates. Our competitive offering not only includes benefits like health, dental, vision, paid time off, life insurance and a 401(k) with a company match, but our associates also enjoy additional meaningful and inclusive enhancements that are adaptable to their diverse situations and needs, including mental health coverage, gender affirming and family building benefits, paid parental leave, associate discounts, community involvement opportunities and more!

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Pay Range:

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$6,900.30 - $11,275.00

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Estimated Ranges displayed are Monthly for Salaried roles OR Hourly for all other roles.

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This role is Bonus or Incentive Plan eligible.

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Ferguson complies with all wage regulations. The starting wage may be higher in certain locations based on local or state wage requirements.

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The Company is an equal opportunity employer as well as a government contractor that shall abide by the requirements of 41 CFR 60-300.5(a), which prohibits discrimination against qualified protected Veterans and the requirements of 41 CFR 60-741.5(A), which prohibits discrimination against qualified individuals on the basis of disability.

Ferguson Enterprises, LLC. is an equal employment employer F/M/Disability/Vet/Sexual Orientation/Gender Identity.

Equal Employment Opportunity and Reasonable Accommodation Information

Automate your job search with Sonara.

Submit 10x as many applications with less effort than one manual application.

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FAQs About Inventory Strategy Manager - Supply Chain Jobs at Ferguson Enterprises

What is the work location for this position at Ferguson Enterprises?
This job at Ferguson Enterprises is located in Newport News, Virginia, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Ferguson Enterprises?
Candidates can expect a pay range between $6,900.3–$11,275 per month for this role.
What employment applies to this position at Ferguson Enterprises?
Ferguson Enterprises lists this role as a Full-time position.
What experience level is required for this role at Ferguson Enterprises?
Ferguson Enterprises is looking for a candidate with "Director" experience level.
What benefits are offered by Ferguson Enterprises for this role?
Ferguson Enterprises offers following benefits: Health Insurance, Dental Insurance, Vision Insurance, Life Insurance, Paid Vacation, Parental and Family Leave, Paid Community Service Time, 401k Matching/Retirement Savings, and Health & Wellness Programs for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Ferguson Enterprises?
You can apply for this role at Ferguson Enterprises either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.