Skills & Competencies for Supplier Inventory Manager

Supplier Inventory Manager job profile

JOB SUMMARY for Supplier Inventory Manager

Manages coordination of the flow of products manufactured by third parties to customers and develop enhancements to the optimization of supply chain operations.

JOB RESPONSIBILITIES for Supplier Inventory Manager

Monitors and analyzes key metrics including inventories, delivery time, lead times, and order cycles. Evaluates product forecasts, sales force forecasts, competitive information, and market conditions. Identifies trends, issues and opportunities for process improvements and efficiencies.

Supplier Inventory Manager SALARY RANGE

BASE 50%
$118,316
TOTAL 50%
$126,885
Job Level
M02
Job Code
MM18000188
Education/Degree
Bachelor's Degree
Reports To
Director

Supplier Inventory Manager Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each Supplier Inventory Manager skill and competencie below to view definitions.

1 hard skill or competency (industry competency) for Supplier Inventory Manager

1 Industry Competency – Distribution Requirements Planning
Proficiency Level -3
Skill definition-Planning the replenishment of inventory and determining the quantity of products to be transported to distribution centers to meet customer demand.
Level 1 Behaviors
(General Familiarity)
Collects information about the trends and exceptions associated with DRP for review.
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Level 2 Behaviors
(Light Experience)
Compiles distribution records and monitors pending shipments to distribution centers.
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Level 3 Behaviors
(Moderate Experience)
Determines inventory depletion and executes replenishment plans through DRP to avoid shortages and reduce costs.
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Level 4 Behaviors
(Extensive Experience)
Evaluates and recommends improvements to product distribution parameters.
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Level 5 Behaviors
(Mastery)
Forecasts future distribution requirements by establishing a distribution network capacity planning process.
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3 Supplier Inventory Manager - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Supplier Inventory Manager
Proficiency Level - 4
5 Competency for - Supplier Inventory Manager
Proficiency Level - 5

9 general skills or competencies (Job family competencies) for Supplier Inventory Manager

1 Job Family Competencies – Safety Policies and Procedures
Proficiency Level -3
Skill definition-Establishing and implementing clear safety policies and procedures to effectively manage hazards and risks associated with the business operations.
Level 1 Behaviors
(General Familiarity)
Compiles a list of the key considerations and limitations of safety policies.
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Level 2 Behaviors
(Light Experience)
Prepares the necessary resources and information for the development of safety policies and procedures.
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Level 3 Behaviors
(Moderate Experience)
Handles the execution, enactment, and tracking of each element of the safety policy and program.
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Level 4 Behaviors
(Extensive Experience)
Evaluates employees' performance to ensure they comply with established safety policies and procedures.
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Level 5 Behaviors
(Mastery)
Cultivates a compliant working environment by enforcing safety policies and procedures.
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2 Job Family Competencies – Enterprise Resource Planning (ERP)
Proficiency Level -3
Skill definition-Managing and integrating business processes with a single system through an ERP system software to eliminate redundancies and boost productivity.
Level 1 Behaviors
(General Familiarity)
Describes the basic functionality of general ERP systems.
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Level 2 Behaviors
(Light Experience)
Gathers user requirements for current ERP business systems.
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Level 3 Behaviors
(Moderate Experience)
Executes ERP resource planning and configuration in accordance with our solution architecture designs.
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Level 4 Behaviors
(Extensive Experience)
Directs ERP migration and implementation to enhance business visibility and transparency.
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Level 5 Behaviors
(Mastery)
Builds ERP structures and systems to enable a collaboration-based and data-driven work environment.
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3 Supplier Inventory Manager - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Supplier Inventory Manager
Proficiency Level - 4
5 Competency for - Supplier Inventory Manager
Proficiency Level - 5

8 soft skills or competencies (core competencies) for Supplier Inventory Manager

1 Core Competencies – Products And Services
Proficiency Level -3
Skill definition-Knowledge of the full array of our organization's products and services including those that are created for internal customers; insight into the differentiating factors that distinguish them from those of competitors.
Level 1 Behaviors
(General Familiarity)
Collects and summarizes information and marketing materials for R&D purposes.
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Level 2 Behaviors
(Light Experience)
Discusses the potential profitability of a proposed new product.
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Level 3 Behaviors
(Moderate Experience)
Evaluates our business’s P/S costs and prices, and market positioning.
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Level 4 Behaviors
(Extensive Experience)
Establishes related procedures for product design, development and delivery time limits.
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Level 5 Behaviors
(Mastery)
Describes the planned launch of superior products and services to stakeholders to promote enthusiasm and support.
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2 Core Competencies – Planning and Organizing
Proficiency Level -4
Skill definition-Managing and prioritizing resources and workloads by creating well-organized plans to attain organizational goals and objectives.
Level 1 Behaviors
(General Familiarity)
Compiles a list of all the traits of effective planning to help finish the assigned tasks.
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Level 2 Behaviors
(Light Experience)
Classifies assigned tasks based on the level of importance to ensure organized workload completion.
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Level 3 Behaviors
(Moderate Experience)
Defines and translates objectives into specific plans to ensure understanding of organizational goals.
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Level 4 Behaviors
(Extensive Experience)
Delivers training sessions to foster and maximize solid planning and organization capabilities.
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Level 5 Behaviors
(Mastery)
Champions the adoption of business intelligence systems to achieve planning and organization goals.
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3 Supplier Inventory Manager - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Supplier Inventory Manager
Proficiency Level - 4
5 Competency for - Supplier Inventory Manager
Proficiency Level - 5

Summary of Supplier Inventory Manager skills and competencies

There are 1 hard skills for Supplier Inventory Manager, Distribution Requirements Planning.
9 general skills for Supplier Inventory Manager, Safety Policies and Procedures, Enterprise Resource Planning (ERP), Distribution Management, etc.
8 soft skills for Supplier Inventory Manager, Products And Services, Planning and Organizing, Coordination, etc.
While the list totals 18 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Supplier Inventory Manager, he or she needs to be skilled in Products And Services, be skilled in Planning and Organizing, and be skilled in Coordination.

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