At a Glance
- Tasks: Lead supply chain and inventory optimisation projects to drive sustainable performance improvements.
- Company: Join EY, a global leader in assurance and advisory services.
- Benefits: Competitive salary, flexible working, career development, and a supportive team culture.
- Why this job: Make a real impact on businesses while developing your skills in a fast-paced environment.
- Qualifications: Experience in supply chain operations and a passion for driving improvement.
- Other info: Be part of a diverse team with opportunities for growth and innovation.
The predicted salary is between 43200 - 72000 £ per year.
Overview
The Opportunity – Supply Chain and Inventory Optimisation. In a landscape of relatively high interest rates, legacy and enduring supply chain disruption and uncertain demand, cash and the proactive management of inventory levels are key skills. EY's cash and working capital team supports businesses in improving the effectiveness of their processes and commercial arrangements to free cash tied up on the balance sheet. Focusing on sustainable change underpinned by Cash Forecasting and Reporting, they deliver value through measurable improvement.
The team has significant experience supporting the complete spectrum of listed and privately owned companies across multiple sectors or geographies, whether a successful business seeking to enhance shareholder value, or an organisation experiencing a cash crisis. The team also advises on broader treasury matters, including use of technology such as data analytics, cash management solutions and treasury management systems. The team is one of the market leading advisers in this space and part of the world's largest specialist cash and working capital advisory practice. There are opportunities to become a part of this group, specifically across inventory management and supply chain optimisation.
As a Senior Manager within the Working Capital Team, you will work with clients to diagnose, design and implement improvements in their inventory and supply chain operations. Key areas include inventory optimisation (e.g. safety stock, obsolete & slow-moving inventory), supply chain planning (e.g. demand forecasting, replenishment, S&OP), logistics/warehousing, procurement and end-to-end process transformation.
You will take a role in all aspects of project delivery and business development and contribute to team management and practice and methodology enhancement. You will take responsibility for the management of engagements, reporting to engagement leaders and project managing the delivery team. You will input knowledge and subject matter expertise, coordinating and driving the production of deliverables to the agreed timescales and communicating progress and any issues requiring escalation to the Partner. You will actively establish, maintain and strengthen internal and external relationships, leveraging these relationships to identify and pursue potential new engagement opportunities. As an influential member of the team, you will help to create an inclusive culture and will coach and counsel junior team members and help them to develop.
Responsibilities
- Displays an understanding of the drivers of inventory and working capital performance and the potential opportunities that can be implemented to deliver sustainable performance improvement.
- Has awareness of and experience in working through sales and operations planning (IBP/ SI&OP) processes.
- Understands, and is able to apply, statistical inventory analysis and other techniques including assessing target inventory and excess stock levels and determining related root causes and translating this into practical advice and recommendations to support operational improvement.
- Design and implement inventory management policies and solutions, including safety stocks, reorder points, min/max, SKU rationalisation, stock categorisation, spares management and other optimisation tools.
- Experienced at interpreting information/data, to solve problems and formulate views and conclusions.
- Able to synthesise complex issues from initial hypothesis, and identify the data required to confirm hypothesis.
- Able to present solutions, issues and findings in both a concise written and oral format.
- Good project management skills, ensuring the quality and consistency of performance in every task, whilst working to tight deadlines.
- Develops and maintains productive working relationships and manages the communication with day-to-day client contacts.
- Manage the financial aspects of engagements by preparing a budget, organizing resources, monitoring engagement economics and communicating the status to the engagement leaders.
- Understands the capabilities of the firm, looking for opportunities to bring in other specialists and service lines to broaden engagements and achieve the best possible solution.
- Identifies potential sell-on opportunities and support the engagement leaders in pursuing these to broaden and extend live engagements.
Qualifications
- Demonstrable consulting experience, or experience in a role within industry, leading on day-to-day supply chain operations or planning with a focus on inventory management.
- Proven experience in inventory optimisation, supply chain planning (demand/supply), warehousing/logistics.
- The ability to build strong relationships across the firm and can actively participate in business development.
- Appreciation of the risks inherent in advising businesses and their stakeholders.
- The ability to support business development activities, leveraging internal and external contacts to identify and pursue potential new client engagements.
- A passion to drive improvement in team capability through methodology development and coaching.
- Ideally, you may also have a relevant qualification in supply chain operations and planning or six sigma/similar methodology.
- Broader working capital experience.
- European language skills, experience of visualisation tools (e.g. PowerBi, Qlik, Tableau etc).
- Understands adjacent skills such as supplier and customer contracting, accounts receivable and payable management, cash-flow forecasting, factoring and supply chain finance.
What we look for
We are looking for candidates who are highly motivated, driven, and have a passion to be part of a fast-paced, successful transaction team. Being a strong team player is also important as well as someone who is happy to work flexibly throughout a period of growth within the cash and working capital team.
Company information
As a global leader in assurance, tax, transaction and advisory services, we’re using the finance products, expertise and systems we’ve developed to build a better working world. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime. And with a commitment to hiring and developing the most passionate people, we’ll make our ambition to be the best employer by 2020 a reality.
EY | Building a better working world. EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets. Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow. EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories. We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. Plus, we offer: Support, coaching and feedback from some of the most engaging colleagues around. Opportunities to develop new skills and progress your career. The freedom and flexibility to handle your role in a way that’s right for you.
Manager - Supply Chain and Inventory Optimisation - London in City of Westminster employer: Ernst & Young
Contact Detail:
Ernst & Young Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Manager - Supply Chain and Inventory Optimisation - London in City of Westminster
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. Building relationships can open doors to opportunities that aren’t even advertised.
✨Ace the Interview
Prepare for your interviews by researching the company and practising common questions. Show off your knowledge about supply chain optimisation and inventory management, and don’t forget to have a few questions ready to ask them too!
✨Showcase Your Skills
Use every chance to demonstrate your expertise. Whether it’s through case studies, presentations, or even casual conversations, make sure you highlight your experience in inventory optimisation and supply chain planning.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, you’ll find all the latest job openings and updates there.
We think you need these skills to ace Manager - Supply Chain and Inventory Optimisation - London in City of Westminster
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in supply chain and inventory optimisation. We want to see how your skills align with the specific needs of the role, so don’t hold back on showcasing relevant projects!
Showcase Your Problem-Solving Skills: In your written application, emphasise your ability to analyse complex issues and present solutions. Use examples from your past experiences where you’ve successfully tackled challenges in inventory management or supply chain planning.
Be Clear and Concise: When writing your application, keep it straightforward and to the point. We appreciate clarity, so avoid jargon and ensure your key achievements stand out. Remember, less is often more!
Apply Through Our Website: We encourage you to submit your application directly through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Ernst & Young
✨Know Your Inventory Inside Out
Make sure you understand the key concepts of inventory optimisation and supply chain management. Brush up on techniques like safety stock calculations and demand forecasting, as these will likely come up in your interview. Being able to discuss real-world examples where you've applied these concepts will really impress.
✨Showcase Your Project Management Skills
Since this role involves managing engagements and project delivery, be prepared to talk about your project management experience. Highlight specific projects where you successfully led a team, met tight deadlines, and delivered results. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Build Relationships, Even in the Interview
Demonstrate your ability to build strong relationships by engaging with your interviewers. Ask insightful questions about their team dynamics and how they collaborate with clients. This shows that you value teamwork and are keen to contribute to a positive work culture.
✨Be Data-Driven
Given the emphasis on data analytics in this role, be ready to discuss how you've used data to drive decisions in past roles. Whether it's interpreting inventory levels or analysing cash flow, having concrete examples will show that you're not just familiar with the theory but can apply it effectively.