Inventory Manager

About Maesa

Maesa is the world's largest independent beauty incubator, housing numerous, fast growing "it" brands within all categories of beauty. We are a high growth global company in the middle of the transition from founder leading to private equity owned. With an incubation flywheel ideating on new global brand launches, Maesa pushes creative and technical boundaries to deliver exceptional performance and establish global staying power. Maesa has a keen focus on marketing and white space analysis, which guides its thinking on marketing existing brands as well as development of new brands through its extremely unique structure. We are vertically integrated globally with in-house marketing, branding, product development/formulation, packaging design/engineering and regulatory. With a focus on modernity and sustainability, we design innovative solutions and make proactive choices to achieve environmental neutrality and consumer wellness. Maesa has mastered "commercializing creativity," making itself a leader in the fundamental revolutionary change in the beauty industry. Headquartered in New York and Paris, with additional offices in Los Angeles, Vienna, Dubai, Hong Kong, and Dongguan, Maesa employs about 400 team members worldwide.
Maesa has recently created its own Operational Excellence team, whose purpose is to build capability in our people, processes and systems across the extended Supply Chain.  One of the most critical areas of focus is Inventory Control.  We are expanding our team to provide greater capacity to ensure real-time accuracy of our inventory across the full vendor network.

The Inventory Manger will monitor, oversee, and optimize Maesa’s North American inventory for all brands, finished goods and components. The role will work with Supply Chain leadership to ensure that Maesa has a robust inventory management process and the required associate capability to support delivery of the overall supply chain objectives and KPI’s. This role allows high visibility, direct impact on the company bottom line through leading key initiatives, driving continuous improvement of systems/processes/tools, and building capability within the broader supply chain organization. This position is also responsible for managing and developing the Inventory Analyst(s).

Pay Range: $105,000/yr - $120,000/yr. Exact compensation may vary based on skills, experience and location

PRINCIPAL RESPONSIBILITIES

Key Activities

• Partner with Supply Planning function to define ways to improve the overall health of inventory including avoidance of out of stocks, excess, and obsolete inventory.
• Take leadership in performing inventory reconciliation and develop effective and repeatable solution with core vendors: compare ERP inventory to warehouse records, review transaction logs, instruct physical counts, perform audits.
• Actively align with Supply Planning Capability Leads to define & support a governance a process for inventory policy parameter refreshes for each brand and execute it accordingly.
• Refine, monitor & mitigate key metrics to measure inventory results and performance; inclusive of:
  • Summary and conclusion of key “net change” drivers and trends.
  • Synthesize inventory data into specific action.
  • Drive execution of actions for inventory results.
  • Projecting and translating changes in inventory position and the contribution or impact those changes have on the balance sheet and/or P&L.
• Work closely with Finance teams on working capital needs and projections for inventory purposes to achieve company growth ambitions.
• Be familiar and proficient in data extraction, handling and data consumption and should be able to provide design requirements for effective visualization techniques leveraging tools like PowerBI & Tableau.
• Supports continuous process improvement by generating required analysis, developing analytical & statistical models to resolve/detect escalated performance issues.
• Ideate in building initiatives around inventory optimization processes across all brands for finished goods and components.
• Provide coaching, leadership and mentoring to 1 or 2 inventory analysts, to enable them to complete their roles effectively.
• Provide leadership to inventory analysis in the maintenance and publishing of inventory health reports.

Background Experience and Qualifications:

 Education

• Bachelor's Degree in Supply chain, Engineering, or other relevant fields.

Experience

• Minimum of 3-5 years business experience with experience in Logistics, Supply Planning, Demand Planning, or Inventory Management.

Specialized Knowledge Needed to Complete Job:

• Strong leadership and interpersonal skills. Must be able to influence and motivate others to achieve objectives.
• Excellent communication skills, both verbal and written.
• Strong service / support mentality and willingness to help others achieve their result-oriented ambitions.
• Ability to understand the performance of the business and what levers should be pulled to drive performance.
• Ability to make sound decisions with minimal supervision.
• Strong analytical capabilities coupled with the ability to identify issues, obtain mutual agreement as to the resolution and implement change.
• Must have a high degree of self-direction with the ability to constantly seek innovative ways to perform tasks in an efficient and timely manner.
• Results-oriented and willing to initiate and nurture change.
• Experience in a high-volume consumer goods environment.
• Ability to multi-task, prioritize and effectively manage time in a fast-paced work environment.

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