Employer: Create Account or Login
Sign In
 [New User? Sign Up]
Mobile Version

Lead Inventory Optimization Manager


Sunnyvale, CA
Job Code:
Apply on the Company Site
  • Save Ad
  • Email Friend
  • Print
  • Research Salary

Job Details

Job Description

Lead Inventory Optimization Manager(Job Number:SUP0007N5)

The Inventory Planning Control team is responsible for defining and operating Target’s Inventory Planning and Control (IPC) systems and coming up with the overall inventory strategy. This team is responsible for defining the system that Inventory mangers will use to get recommended order quantity, strategizing how the company should manage its multi-echelon inventory network, implementing automated ordering, deciding how much inventory to buy, when to bring inventory into the Target network, and where to position it. The IPC team innovates and continuously improves processes that result in sophisticated, intelligent and self-learning models. This role will be within the Inventory Health pillar of IPC, specifically responsible for leading strategy and optimization based initiatives to drive the efficiency of Target’s supply chain. The team member will need to use advanced statistical, simulation and modeling techniques while collaborating with data science, product, technology and business partners to transform Target’s supply chain.
1. Understands Target’s supply chain data across dot com and store channels.
2. Based on data, learns the current status of supply chain and is able to align with the leadership vision for longer term strategy.
3. Works with business and technology partners to analyze opportunities, quantify scope for improvement and define core areas of focus to improve guest experience and cost to serve in Target’s supply chain.
4. Carries out advanced mathematical modeling, simulation and statistical approaches to clearly define next steps.
5. Builds root cause analysis and reporting to provide specificity/detail in analytical output(s) to drive deep understanding of the problems/defects and action across core process teams and partners.
6. Leads pilot engagements to demonstrate business opportunities and ensures succession to standard process/practice where appropriate.
7. Works closely with data science and engineering teams to help deploy new algorithmic solutions to support inventory planning and control.
8. Works collaboratively with many different functional areas (EDABI (data analytics and business intelligence), Product, Technology etc.) to define and assist in the prioritization of new system capabilities and features.
9. Mentors other inventory optimization managers in the team as appropriate.
10. Has the passion to engage in deep analytical, algorithmic work while staying connected to the core business teams.
Reports to the Director of Analytics, Inventory Health.  Working relationships with EDABI (data analytics and business intelligence), technology solutions, product and business teams.
Location: Sunnyvale, CA or Bangalore, India
• PhD/MS in a quantitative disciple such as statistics, operations research or mathematics
• 2 years of supply chain industry experience with PhD (5 years for Master’s)
• Experience utilizing problem solving and analytical skills
• Familiarity with supply chain concepts such as forecasting, planning, optimization, and logistics - gained through work experience or graduate level education
• Experience with statistical tools such as SAS, R, SPSS and with scripting languages such as Python for analyzing data and building prototypes
• Knowledge of statistics and data mining techniques and tools to analyze and make insights from big data such as historical sales data and simulation/experiment results
• Familiarity in the following fields: simulation, A/B testing, optimization, decision analysis, stochastic models, forecasting, mathematical modeling or machine learning.
• A good understanding of analysis of algorithms and computational complexity.
• Technical aptitude and familiarity with the design and use of complex logistics software systems
• A strong passion for empirical research and for answering hard questions with data
• Ability to communicate complex concepts in easy to understand terminology with multiple audiences.

Primary Location: United States-California-Sunnyvale
Apply on the Company Site
Powered ByLogo

Featured Job

Featured Employer

© Adicio Inc.