Inventory Planning Manager
PSGPSG® is the global pump, metering and dispensing-solution expert, enabling the safe and efficient transfer of critical and valuable fluids that require optimal performance and reliability in applications where it matters most. Additionally, PSG is a leading provider of flow meters designed to reduce waste and downtime while accurately measuring, monitoring and controlling the distribution of fluids. Headquartered in Downers Grove, IL, USA, PSG is comprised of several world-class brands, including Abaque®, All-Flo™, Almatec®, Blackmer®, Ebsray®, em-tec®, Griswold®, Hydro™, Malema™, Mouvex®, Neptune®, PSG® Biotech, Quantex™, Quattroflow®, and Wilden®. PSG products are manufactured on three continents – North America, Europe, and Asia – in state-of-the-art facilities that practice lean manufacturing and are ISO-certified. PSG is part of the Pumps & Process Solutions segment of Dover Corporation. For additional information on PSG, please visit psgdover.com. We thrive on winning and being number one; and are always looking to add the best and brightest to our talented team of professionals. PSG offers a unique combination of the both small company atmosphere: with an ownership mindset that allows you to make close-to-the-customer decisions; an innovative approach in seeing beyond what is possible today and entrepreneurial spirit in the pursuit of new opportunities; combined with benefits of a large company’s scale, tools, expertise, and financial strength with Dover. Join PSG, a growing global company where your curiosity, hard work and ambition is rewarded with exceptional career opportunities in a friendly & fast paced environment. PSG is part of the Pumps and Process Solutions segment of the Dover Corporation® (NYSE: DOV). Dover is a diversified global manufacturer and solutions provider with annual revenue of over $7 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments. Recognized for our entrepreneurial approach for over 65 years, our team of over 24,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Summary: The Inventory Planning Manager is a key leadership role responsible for owning and continuously improving the company’s pull-based inventory system (e.g., Kanban, CONWIP, or demand-driven replenishment). This position owns the end-to-end inventory strategy with a relentless focus on maximizing inventory turns while consistently achieving and sustaining high service levels (target 98%+ fill rates / on-time delivery) to both the manufacturing plant and external end customers/users. Runs standard update meetings to ensure pull system accounts for fluctuations in demand, S&OP. This role combines deep analytical expertise, lean/pull system mastery, and cross-functional leadership to drive significant working capital efficiency without compromising operational performance or customer satisfaction. Key Responsibilities: Own the design, implementation, governance, and continuous improvement of the pull inventory system across raw materials, WIP, and finished goods. Develop and execute inventory strategies that maximize inventory turns (targeting aggressive year-over-year improvement) while maintaining or exceeding target service levels to the plant (internal customers) and end users (external customers). Establish and monitor and responsible / accountable for key performance metrics including Inventory Turns, Days of Inventory (DOI), Customer OTD / OTIF, Stock-Out Rate, Excess & Obsolete (E&O) inventory, and Working Capital efficiency. Lead monthly/quarterly inventory planning reviews (SIOP) with a strong emphasis on pull signals, demand variability, lead time reduction, and buffer/right-sizing of inventory. Partner closely with Production, Procurement, Sal…