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Novolex
Director, Inventory Governance
Career Insights for Director of Supply Chain
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Based on Illinois data
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What they do
A Director of Supply Chain directs supply chain functions including logistics, materials, purchasing, distribution and inventory management. Develops and implements strategies for improving these functions and oversees operations. Looks for ways to streamline production, purchasing, warehousing and distribution and implement cost savings
$177,616 / year median in Illinois
+8% projected growth
Job Description
Company Overview Why Choose Us? Novolex is a leading manufacturer of food, beverage, and specialty packaging that supports multiple industries including foodservice, restaurant delivery and carryout, food processing, grocery and retail, and industrial sectors. Novolex manufacturing and sourcing expertise spans a diverse range of substrates including resin, paper, molded fiber, aluminum and more. We provide customers a broad array of stock and customized solutions with 120 product categories, 250 brands and over 39,000 SKUs. Our Sustainability Commitment The Novolex sustainability vision is built upon three pillars: our products, our operations and our people. Each is critically important to our growth and future as a business. These pillars form the foundation of our company-wide commitment to sustainability, helping us achieve our ambitious goals through our wide-ranging initiatives. Job Description Role Overview The Director, Inventory Governance, establishes the enterprise-wide strategy, compliance frameworks, and control policies for all physical and financial inventory. Operating at a scale of 23,000 employees, this leader ensures total inventory accuracy across global manufacturing plants, distribution networks, and third-party logistics (3PL) providers. The successful candidate will safeguard margins by minimizing material waste and driving standardized operating procedures (SOPs). Key Responsibilities Governance Design and enforce global inventory control policies tailored too high-volume. manufacturing and distribution facility standards. Track and proactively mitigate obsolescence through DOH/DOS adherence. Establish compliance and controls for material and inventory stocking agreements Distribution space and capacity management to ensure efficient operations Strategic Segmentation & Optimization Standardize and maintain the global ABC analysis framework to systematically categorize items based on annual usage value, production criticality, and cost impact in support of business strategies. Develop advanced product segmentation models that categorize packaging products by demand volatility, customer profile, and commercial margins. Utilize segmentation intelligence to establish optimal safety stock levels, minimum/maximum parameters, and reorder points for distinct product classes to optimize working capital. Technology & Systems Integration Analytics Maximize enterprise data integrity and seamless system integration across ERP platforms. Leverage Blue Yonder and Advanced Planning Systems (APS) to automate and scale ABC classifications alongside demand-driven product segmentation models. Strategic Leadership & Collaboration Partner closely with Supply Chain, Operations, and Finance to reconcile inventory valuation discrepancies. Provide critical inventory health metrics to the Sales and Operations Planning (S&OP) team to steer capacity planning and strategic decisions. Directly manage, mentor, and cultivate a team of inventory governance managers and analysts.