Manager, Inventory Management

Anticipated salary range: $86,400- $123,400

Bonus eligible: Yes

Benefits: Cardinal Health offers a wide variety of benefits and programs to support health and well-being.

• Medical, dental and vision coverage
• Paid time off plan
• Health savings account (HSA)
• 401k savings plan
• Access to wages before pay day with myFlexPay
• Flexible spending accounts (FSAs)
• Short- and long-term disability coverage
• Work-Life resources
• Paid parental leave
• Healthy lifestyle programs

Application window anticipated to close: 12/17/2024 *if interested in opportunity, please submit application as soon as possible.

The salary range listed is an estimate. Pay at Cardinal Health is determined by multiple factors including, but not limited to, a candidate’s geographical location, relevant education, experience and skills and an evaluation of internal pay equity.

What Inventory Management contributes to Cardinal Health
Operations is responsible for materials handling and product distribution in a distribution or manufacturing environment. Includes warehousing and fulfillment of materials and products, transportation, inventory management as well as demand, supply and manufacturing planning.

Inventory Management is accountable for the design and execution of demand planning and customer forecasting systems, supply planning, product deployment and expediting processes, and the development and implementation of a stocking optimization model to minimize costs and inventory while delivering on service requirements.

Job Summary

The Manager, Inventory Management is a critical role that leads the site’s Inventory Management team and oversees the stocking optimization and inventory planning in the facility through a team of supervisors and other professionals. The manager contributes to the facility’s profitability through managing supplier costs and driving operational improvements. As the primary liaison to the Souring and Inventory functions, the manager provides key input into supplier negotiations, demand planning and forecasting and translates operational changes in the broader distribution network into requirements for the facility.

About the National Logistics Center

The National Logistics Center (NLC) is in Groveport, Ohio and is the central hub for the receipt of Rx products for the Pharmaceutical Supply Chain, receiving over 93% of the networks volume and distributing to the Forward Distribution Centers (FDCs) located across the country. The facility is 425,000 square feet and operates multiple shifts 24/7 processing daily receipts and shipments of approximately $520M. 

Location

This is an on-site position (5 days per week), based out of the National Logistics Center.

Responsibilities

• Oversees the site’s Inventory Management team by setting short and long-term objectives, directs tasks for individual teams and professionals, and provides guidance on complex issues. Leads regular meetings with supervisors across multiple shifts to ensure alignment.
• Drives the profitability and operating margins of the facility by implementing supplier contracts with minimal costs. Regularly monitors revenues and costs at the supplier level and assesses opportunities to improve operational efficiency.
• Gains consensus with teams at 24 FDCs to efficiently manage product flow and minimize product damage and the need for discrepancy research.
• Understands the importance of Lean Six Sigma (LSS) principles and sponsors formal projects to drive continuous process improvement.  
• Based on expert knowledge of the facility’s operations as well as analyses and reporting conducted by their team, provides inputs into supplier negotiations executed by Sourcing teams. Ensures that supplier agreements are aligned to the capabilities and economics of the facility.
• Provides input and feedback into the business unit’s demand planning and forecasting based on inventory planning and supplier relations.
• Evaluates the impact of changes in standard operating procedures, network planning and major supplier agreements on the facility’s operations. Coordinates with Managers, Warehouse Operations and FDC Site Leaders to modify operations to meet new requirements and customer commitments.
• Evaluates performance of teams and of direct reports, providing regular feedback and development opportunities. Participates in people management activities including performance reviews, recruiting and onboarding, and talent management.
• Directs regular cycle counts to ensure high inventory accuracy and to troubleshoot and resolve customer issues.
• Key interface with suppliers on item overage, shortage and damages resolution.
• Ensures process controls in place to properly manage adjustments and morgue activity to limit impacts to financial results.
• Partners with the Inventory team on key network initiatives.

What is expected of you and others at this level

• Manages department operations and supervises professional employees, front line supervisors and/or business support staff
• Participates in the development of policies and procedures to achieve specific goals
• Ensures employees operate within guidelines
• Decisions have a short term impact on work processes, outcomes and customers
• Interacts with subordinates, peers, customers, and suppliers at various management levels; may interact with senior management
• Interactions normally involve resolution of issues related to operations and/or projects
• Gains consensus from various parties involved

Qualifications

• 5-7 years of experience, preferred
• Bachelor’s degree in related field, or equivalent work experience, preferred
• Experience working with technologies, like computers or point of sale systems, a plus

Candidates who are back-to-work, people with disabilities, without a college degree, and Veterans are encouraged to apply.

Cardinal Health supports an inclusive workplace that values diversity of thought, experience and background. We celebrate the power of our differences to create better solutions for our customers by ensuring employees can be their authentic selves each day. Cardinal Health is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, ancestry, age, physical or mental disability, sex, sexual orientation, gender identity/expression, pregnancy, veteran status, marital status, creed, status with regard to public assistance, genetic status or any other status protected by federal, state or local law.