Headwater Wholesale Inventory Control Manager - Madison, WI
Headwater Wholesale is part of the largest national wholesaler (a division of Headwater Companies www.headwaterco.com ) in the United States, specializing in water equipment components for the residential, commercial, and irrigation systems installed by our customer, the professional contractor. (no homeowners). We are known in our local markets as having quality service, long-term quality people, and only representing the top manufacturers in the industry. Headwater Companies is a Division of Franklin Electric, a publicly traded company on the NASDAQ stock market under the symbol FELE.
Join the Headwater Wholesale team where you are valued, treated well, and part of a respected, winning organization!
GENERAL DESCRIPTION OF POSITION:
- You’re in charge of the largest ASSET at Headwater Wholesale – Inventory!
- Responsible for the accountability, accuracy, and transaction issue resolution for ~$20M in inventory at 18+ branch locations
- Owns the General Ledger for Inventory
- Responsible for Internal/External Audit reporting & questions
- Tasked with training branch employees to reduce transactional issues/problems that flow through IC
- One direct report, who handles Customer Warranty Product Returns and/or Vendor dispute resolutions (pricing/receiving disputes) to collect monies owed the company
Skills Required:
- Motivated and self-driven
- Ability to handle many transactions and branch questions
- Procrastinators or the unorganized will not be successful in this position.
- Strong number abilities, highly organized and process/flow thinker
- Strong and clear communicator
- Must be a team player, likes to laugh, patient (but direct) to train employees of proper processes that reduce errors
- Must have the desire and initiative to have a full understanding of how the entire chain of inventory flow impacts the business across ALL functional departments
- (Training will be provided; however strong self-teacher is also required for long term success)
- Strong computer skills including intermediate to advanced knowledge of Excel is required
- Prior experience, accounting, finance type background a plus
Strategic Goals of this position:
- Train and develop the branch teams with the aspiration of making perfect sales/inventory transactions each time
- Maximize our return on inventory investment by reducing inventory losses and “Bad Inventory” (Excess & Obsolete) that negatively impacts the P&L
- Drive excellence in inventory deployment in the Customer On-Site Inventory (Consignment)
- Inventory turns and accuracy management
- Working with the President, Regional Managers, and Purchasing on continuous improvement around inventory deployment and appropriate reporting/planning
Daily/Monthly Tasks:
- Troubleshoot and resolve employee transactional issues
- Branch Daily Cycle Counts with long term goal to remove the need for full annual physical count
- Correct/manage inventory out of balance issues
- Correct/manage orders that did not invoice correctly; direct orders or from stock
- Review orders that are potentially hung up in the system
- Adjust/Write off inventory and communicates to those P&L owners of the impact
- Ensure that your direct report’s Customer Warranty/Vendor credits are current
- Signals theft risks or suspicions
- Limited travel to build relationships and train as appropriate/needed
- Continuous Improvement – Work on bottom 3 branches in areas to improve results
- Other projects as assigned
Job Type: Full-time
Pay: $40,000.00 - $50,000.00 per year
Find more on Indeed or contact Brian Schramm for more information.
