Hybrid Inventory Planning Manager

at CVS Health

• Job title: Inventory Planning Manager
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: $66,330 - $145,860 per year
• Degree requirement: Bachelor's Degree
• Tech skills: SQL
• Location requirements: Hybrid, United States

About the role

• Inventory Planning Manager at CVS Health ensuring in-stock across various products and coordinating with stakeholders to meet business targets. Analyzing inventory trends and managing purchase orders effectively.

Responsibilities

• Develops inventory plans and strategies based on demand forecasts, lead times, and service level targets.
• Analyzes supplier inventory and forecasts to determine reorder needs and/or service risk.
• Conducts regular inventory analysis to identify potential gaps or risks that could impact store sales.
• Assesses inventory reports to identify potential risks, opportunities, and areas for improvement.
• Assists in the management of purchase orders, order confirmations, and delivery tracking.
• Implements inventory planning tools, software, or systems to enhance efficiency and accuracy.
• Directs individuals to manage multiple projects simultaneously, adjust priorities, and meet deadlines while maintaining the highest level of attention to detail.
• Coaches more junior colleagues in inventory planning techniques, processes, and responsibilities.

Requirements

• 5+ years Planning/Inventory work experience
• Adept at problem solving and decision making skills
• Adept at collaboration and teamwork
• Adept at growth mindset (agility and developing yourself and others) skills
• Adept at planning, executing, and supporting skills
• Proficient in Microsoft Office, particularly Excel.
• Proficient in SQL code preferred.
• Certification in Production and Inventory Management (CPIM) preferred.
• Bachelor’s degree in supply chain management or related field.

Benefits

• Affordable medical plan options
• 401(k) plan (including matching company contributions)
• Employee stock purchase plan
• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching
• Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.