Inventory Manager

Responsibilities

• Build the company's inventory systems, establishing structure, workflows, and standard operating procedures (SOP)
• Build out the inventory modules within the company's ERP platform
• Develop inventory control policies and procedures, ensuring they are scalable and aligned with operational needs
• Set up and maintain inventory locations, including designated storage locations, warranty locations, and proper designations for new product lines
• Investigate root causes of inventory variances and implement corrective actions to prevent recurrence
• Control and manage all inventory movements - including location-to-location transfers - ensuring real-time accuracy and full traceability within the system
• Identify and process obsolete, expired, or damaged inventory for timely removal, disposition, or write-off in accordance with company policy
• Ensure all new products are assigned proper and logical storage location; collaborate with operations and supply chain teams on space planning and product slotting
• Conduct regular cycle counts, physical inventories, and spot audits to verify inventory accuracy and resolve discrepancies promptly
• Generate and analyze inventory reports (accuracy rates, turnover, aging stock, warranty, etc) and present insights to management
• Continuously evaluate and improve inventory processes using data-driven decision-making and lean principles
• Other duties assigned by manager

Requirements

• Bachelor's Degree in Supply Chain Management, Business Administration, or related field, or a combination of education and experience
• Minimum 7 years of progressive experience in inventory management within a fast-paced manufacturing environment
• Strong understanding of inventory control procedures. Demonstrated experience setting up an inventory system from scratch
• Hands-on experience with ERP systems and/or Warehouse Management Systems (WMS)
• Intermediate level proficiency with Microsoft Office Suite programs (Outlook, Excel, PowerPoint, etc)
• Ability to think systematically and build scalable processes and procedures
• Strong organizational skills with the ability to manage multiple priorities in a fast-paced environment
• Strong analytical and problem-solving skills with a high attention to detail and accuracy
• Excellent communication and interpersonal skills.
• Prior supervisory experience managing a small team; ability to lead, train, and hold associates accountable
• The Environment
• Fast-moving, hands-on, no-nonsense, and fun
• Real engineers, real products, real growth
• A team of people who actually care about what they're building
• We're a tight-knit group because that's what it takes to lead in our industry.
• Salary Range
• $95,000 - $110,000 USD
• Actual pay offered to candidates will depend on several factors, including but not limited to, relevant candidates' experience, education, and specific knowledge, skills, and abilities.

Benefits

Additional Information

At Banks, we don't bolt on parts, we engineer complete systems from the crankshaft out. We've been doing it since 1958; setting records, winning championships, and building engines the U.S. military trusts. We're looking for an Inventory Manager who will build, implement, and manage our inventory system. You will partner cross-functionally to drive the accuracy, organization, and integrity of inventory within our warehouse operations. This is a ground-up build, not a maintenance role. If you've never built an inventory program from scratch in a manufacturing environment, this isn't your job.

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Company Intel

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