Skills & Competencies for Vendor Managed Inventory Director

Vendor Managed Inventory Director job profile

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JOB SUMMARY for Vendor Managed Inventory Director

Directs operations to manage and maintain the customer's inventory replenishment levels and stock models based on approved schedule and agreed-upon targets.

JOB RESPONSIBILITIES for Vendor Managed Inventory Director

Monitors and analyzes utilization, product availability, pricing, and lead times to prepare VMI models. Understands all VMI parameters, calculations and data feeds to accurately generate replenishment orders. Develops reports to track all metrics and identify trends or issues that impact inventory levels. Expedites and resolves any shipping, delivery, ordering or system issues that may impact expected inventory replenishment targets.

Vendor Managed Inventory Director SALARY RANGE

BASE 50%
$154,979
TOTAL 50%
$181,980
Job Level
M03
Job Code
MM18000185
Education/Degree
Bachelor's Degree
Reports To
Senior Management

Vendor Managed Inventory Director 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 Vendor Managed Inventory Director skill and competencie below to view definitions.
INDUSTRY COMPETENCIES JOB FAMILY COMPETENCIES CORE COMPETENCIES
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1 hard skill or competency (industry competency) for Vendor Managed Inventory Director

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)
Lists the advantages and disadvantages of facilitating DRP throughout the manufacturing process.
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Level 2 Behaviors
(Light Experience)
Tracks and reports import shipment issues to the logistics team.
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Level 3 Behaviors
(Moderate Experience)
Works with the material department in organizing supplies for distribution.
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Level 4 Behaviors
(Extensive Experience)
Provides cross-training to the management and team regarding DRP, demand forecasting, and supply replenishment.
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Level 5 Behaviors
(Mastery)
Stays abreast of target customers, global market, and supply chains to improve distribution process and exceed demands.
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3 Vendor Managed Inventory Director - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Vendor Managed Inventory Director
Proficiency Level - 4
5 Competency for - Vendor Managed Inventory Director
Proficiency Level - 5

9 general skills or competencies (Job family competencies) for Vendor Managed Inventory Director

1 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)
Lists the functions and features of various ERP-based planning tools.
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Level 2 Behaviors
(Light Experience)
Supports the implementation of ERP solutions to meet organizational and business priorities.
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Level 3 Behaviors
(Moderate Experience)
Participates in integrating ERP systems with other systems and platforms in our business.
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Level 4 Behaviors
(Extensive Experience)
Recommends industry-specific changes to enhance the ERP system in reducing data errors and business risks.
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Level 5 Behaviors
(Mastery)
Leads the implementation of enterprise resource plans to integrate core business processes and applications.
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2 Job Family Competencies – Distribution Management
Proficiency Level -4
Skill definition-Supervising and monitoring the movement of finished products from the supplier to the end user to avoid delivery delays and inventory shortages.
Level 1 Behaviors
(General Familiarity)
Compiles a list of factors affecting the organization's distribution strategy.
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Level 2 Behaviors
(Light Experience)
Conducts market research to identify demand for different goods.
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Level 3 Behaviors
(Moderate Experience)
Identifies market trends to develop new services and distribution channels.
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Level 4 Behaviors
(Extensive Experience)
Executes distribution and inventory management strategies to drive financial performance optimization.
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Level 5 Behaviors
(Mastery)
Designs and delivers cost reduction initiatives while maintaining productivity in distribution operations.
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3 Vendor Managed Inventory Director - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Vendor Managed Inventory Director
Proficiency Level - 4
5 Competency for - Vendor Managed Inventory Director
Proficiency Level - 5

6 soft skills or competencies (core competencies) for Vendor Managed Inventory Director

1 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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2 Core Competencies – Coordination
Proficiency Level -4
Skill definition-Ability to plan, execute, and adjust job duties to achieve business goals.
Level 1 Behaviors
(General Familiarity)
Explains the importance of coordination in a large project.
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Level 2 Behaviors
(Light Experience)
Communicates with various parties to clarify project scope.
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Level 3 Behaviors
(Moderate Experience)
Breaks down business goals into an actionable plan.
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Level 4 Behaviors
(Extensive Experience)
Develops work plans for the team's objectives, responsibilities, accountabilities, timelines, and resources.
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Level 5 Behaviors
(Mastery)
Delivers training to others on resource coordination, including issue resolution.
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3 Vendor Managed Inventory Director - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Vendor Managed Inventory Director
Proficiency Level - 4
5 Competency for - Vendor Managed Inventory Director
Proficiency Level - 5

Summary of Vendor Managed Inventory Director skills and competencies

There are 1 hard skills for Vendor Managed Inventory Director, Distribution Requirements Planning.
9 general skills for Vendor Managed Inventory Director, Enterprise Resource Planning (ERP), Distribution Management, Inventory Control, etc.
6 soft skills for Vendor Managed Inventory Director, Planning and Organizing, Coordination, Project Management, etc.
While the list totals 16 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 Vendor Managed Inventory Director, he or she needs to be skilled in Planning and Organizing, be skilled in Coordination, and be skilled in Project Management.

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