Inventory Manager

This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/13806228 Overview:\ Versiti is a fusion of donors, scientific curiosity, and precision medicine that recognize the gifts of blood and life are precious. We are home to the world-renowned Blood Research Institute, we enable life saving gifts from our donors, and provide the science behind the medicine through our diagnostic laboratories. Versiti brings together outstanding minds with unparalleled experience in transfusion medicine, transplantation, stem cells and cellular therapies, oncology and genomics, diagnostic lab services, and medical and scientific expertise. This combination of skill and knowledge results in improved patient outcomes, higher quality services and reduced cost of care for hospitals, blood centers, hospital systems, research and educational institutions, and other health care providers. At Versiti, we are passionate about improving the lives of patients and helping our healthcare partners thrive.\ \ Position Summary:\ Leads the development and execution of blood inventory strategies to ensure product availability, optimize inventory levels, and support patient and customer needs. Oversees inventory management, product allocation, transfers, imports and exports, forecasting, and shortage mitigation while driving operational performance, minimizing waste, and ensuring regulatory compliance.\ \ Total Rewards Package:\ Compensation\ The target salary for this position is $105,202/yr.\ \ The target salary is based on internal averages. Versiti sets salary ranges aligned to local markets in which the job is performed. Compensation decisions take into account internal salary averages and differentiation based on education, experience, skills, and performance. Specific salary and benefits information is shared at the time of the phone screening based on your location and qualifications.\ \ Benefits\ Versiti provides a comprehensive benefits package based on your job classification. Full-time regular employes are eligible for Medical, Dental, and Vision Plans, Paid Time Off (PTO) and Holidays, Short- and Long-term disability, life insurance, 7% match dollar for dollar 401(k), voluntary programs, discount programs, others.\ \ Responsibilities:\ \ Oversees centralized blood inventory management, allocation, resource sharing, and distribution strategies across affiliates. Directs inventory forecasting and demand planning processes to ensure product availability; minimize outdates; and optimize inventory investment.\ Manages inventory levels across affiliates, including imports, exports, inter-site transfers, and shortage mitigation activities. Communicates inventory outlook, risks, and recommendations to leadership.\ Establishes inventory policies, procedures, and performance expectations to support consistent execution across the enterprise. Analyzes inventory performance metrics, forecast accuracy, fill rates, import expense, and waste trends. Implements improvement plans as needed.\ Partners with Planning, Collections, Hospital Services, Client Success, Business Development, IRL, and Operations leaders to align supply with customer demand.\ Leads process improvement and operational execellence initiatives.\ Accountable for human resource management activities, including hiring, scheduling, mentoring, discipline, and termination in collaboration with Human Resources and in compliance with Versiti policies.\ Manages all aspects of departmental training functions to ensure incumbent and new staff is competent in all job-related tasks.\ Sets direction for staff development including goal setting and personal and departmental performance in all job-related tasks. Responsible for building and maintaining a positive team culture and employee experience.\ Performs other duties as required or assigned which are re sonably within the scope of the duties in this job classification\ Understands and performs in accordance with all applicable regulatory and compliance requirements\ Complies with all standard operating policies and procedures\ \ Qualifications:\ Education\ \ Bachelor's Degree in related field required\ Master's Degree in business preferred\ Experience\ \ 4-6 years of relevant experience, to include operational, inventory/ supply chain, logistical, and financial, required\ 1-3 years of current management experience preferred\ Continuous Improvement experience preferred\ Knowledge, Skills and Abilities\ \ Demonstrated leadership skills to include team building, problem solving, and organizational agility. required\ Excellent oral and written communication skills. required\ Ability to direct a workforce with varied educational backgrounds and knowledge bases as a coach and mentor. required\ Demonstrated knowledge of current Good Manufacturing Practices (cGMPs), Food and Drug Administration (FDA), and a desire to learn and apply American Association of Blood Banks (AABB) regulations. required\ Ability and desire to learn the basic science encompassed within the operations. preferred\ Skills and ability in inventory management, distribution, and customer service. required\ Demonstrated skills in analytical forecasting and inventory modeling. required\ Ability