Director - Inventory Management

Summary / Position Purpose:

The Director of Inventory Management is responsible for leading strategic and operational efforts to ensure optimal inventory levels across the organization. This role drives inventory accuracy, forecasting, demand planning, and inventory control processes to support efficient production schedules and high levels of customer satisfaction. The ideal candidate has extensive experience in electronics supply chains, ERP systems, and continuous improvement methodologies.

Essential Duties, Functions and/or Responsibilities:

• Develop and execute the company's inventory management strategy across multiple sites
• Collaborate cross departmentally to align inventory targets with operational and financial goals
• Oversee the demand planning and forecasting process to ensure adequate supply of components and finished goods
• Optimize safety stock, reorder points, and lead times for thousands of SKUs across multiple channels
• Monitor key metrics (e.g., inventory turns, days on hand, shrinkage, obsolete inventory) and lead initiatives to improve performance
• Implement and maintain best-in-class inventory control practices, including cycle counting, physical inventory, and root cause analysis for variances
• Lead system enhancements and ERP configuration for inventory accuracy and reporting
• Drive continuous improvement and lean inventory initiatives (e.g., JIT, Kanban, VMI) to reduce carrying costs and improve service levels
• Manage and develop a high-performing inventory team across multiple locations
• Ensure inventory practices meet ISO 9001 standards and regulatory compliance for components
• Indirectly and directly responsible for product quality
• Other duties as assigned

Education and/or Work Experience Requirements:

• Bachelor's degree in Supply Chain Management, Business, Operations, or related field; MBA or APICS/CSCP certification preferred
• 8+ years of experience in inventory management, with at least 5 years in a leadership role within electronics distribution and/or manufacturing
• Strong understanding of electronics components, supply chain dynamics, and industry-specific challenges
• Proven experience with ERP systems (SAP, Oracle, NetSuite, etc.) and inventory management software
• Demonstrated success leading cross-functional initiatives and managing complex supply chains
• Strong analytical, organizational, and communication skills
• Experience with ISO 9001 standards, lean manufacturing, and Six Sigma is a plus

Physical Requirements:

• Ability to safely and successfully perform the essential job functions consistent with the ADA, FMLA and other federal, state and local standards, including meeting qualitative and/or quantitative productivity standards
• Ability to maintain regular, punctual attendance consistent with the ADA, FMLA and other federal, state, and local standards
• Ability to lift up to 50 lbs. when necessary

This position requires applicants to be authorized to work in the US without sponsorship; TestEquity does not sponsor applicants for work visas.

TestEquity provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.