Inventory Manager

The Inventory Manager at Bosch is responsible for overseeing overall inventory management within the EEU region. Key duties include collaborating with Demand Planners and Supply Controllers to maintain optimal inventory levels, monitoring inventory KPIs, adjusting planning parameters, and managing the scrapping process for non-sellable inventory.

Candidates for the Inventory Manager role at Bosch should have a Bachelor's or Master's degree in business, logistics, or supply chain management. Additionally, several years of operational experience in demand or production planning, particularly in fast-moving consumer goods, is advantageous. Strong communication, organizational, and analytical skills are also essential.

Bosch fosters an inclusive, diverse, and international company culture that supports transformational leadership. As an Inventory Manager, you will work in a flexible environment with opportunities for continuous learning and personal development through various training programs and wellbeing initiatives.

The Inventory Manager at Bosch plays a vital role in improving inventory efficiency by monitoring inventory-related KPIs, implementing effective stock policies, and engaging in strategic decision-making aimed at reducing overstock and blocked stock while maintaining optimal supply chain performance.

At Bosch, Inventory Managers are supported with numerous continuous learning and development programs, ensuring they are well-equipped with the skills and knowledge necessary for career advancement. This commitment to growth is reflected in ongoing training, workshops, and wellbeing programs that enhance both professional and personal capabilities.

I focus on data-driven decision-making, actively monitoring KPIs, collaborating with supply chain teams, and implementing lean inventory practices to ensure we maintain optimal stock levels while minimizing excess inventory.

In my previous role, I identified overstock issues through KPI analysis and implemented a targeted promotional campaign which successfully increased sales while working closely with sales teams to ensure demand alignment.

I coordinate closely with cross-functional teams and use strong analytical skills to identify the root causes of blocked stock. By implementing action plans, I address quality issues and facilitate the scrapping of non-sellable items in a timely manner.

Effective communication is crucial in inventory management. I ensure constant dialogue with demand planners, production teams, and suppliers to align on goals, forecast demand accurately, and address any discrepancies promptly.

I evaluate tasks based on their impact on overall inventory health and business operations, utilizing tools like prioritization matrices to ensure critical tasks related to stock levels and KPI improvements are addressed first.

I have worked with various inventory management systems, including ERP solutions. I am adept at utilizing these tools for real-time data monitoring, generating reports, and enhancing overall inventory visibility and accuracy.

I believe in hands-on training combined with workshops that emphasize collaborative learning. I also share case studies and experiences that illustrate best practices in managing inventory effectively.

I prioritize creating comprehensive documentation of policies and foster a culture of accountability, conducting regular audits to ensure that compliance with inventory policies is maintained consistently across all regions.

In my last position, I analyzed historical data to identify trends and forecast demand fluctuations. This proactive approach allowed me to adjust safety stock levels, improving our service levels while reducing carrying costs.

I would conduct a thorough investigation, analyzing transaction records and working directly with team members involved in recent stock movements. Identifying root causes allows me to implement corrective measures and prevent future discrepancies.