VP, Demand Planning and Inventory Control

Compensation Data

Company Overview

With $5 billion in revenue and 3,500+ employees in the U.S. and Mexico, TBC Corporation is a leader in the mobility industry and one of North America’s largest marketers of automotive replacement tires through wholesale and franchise operations. TBC serves wholesale customers in the United States, Canada and Mexico through TBC Brands, NTW, TBC International, and TBC de Mexico. Additionally, TBC responds to the needs of consumers in search of total car care at more than 465 franchised tire and automotive service centers under Big O Tires®. TBC is headquartered in Palm Beach Gardens, Florida.

TBC markets on a wholesale basis to regional tire chains and distributors serving independent tire dealers throughout the US, Canada, and Mexico. TBC has 20 proprietary brands of tires specializing in passenger, commercial, farm and specialty tires. In 2005, TBC Corp. was purchased by Sumitomo Corporation of America (SCOA). SCOA is the largest subsidiary of Sumitomo Corporation, one of Japan’s major integrated trading and investment business enterprises. In 2018 Michelin, the largest tire manufacturer in Europe, invested in the company which is now a 50:50, privately held joint venture between Sumitomo and Michelin.

Our values are the foundation of our work, how we interact with each other, and the strategies we employ to fulfill our purpose. These are the practices we use every day – in everything we do:

• Integrity - We act honestly because nothing is more important than our reputation.

• Teamwork - We are better together.
• People-Focused - We put people first – our Associates, customers, franchisees, and partners – and cultivate a respectful, collaborative, and inclusive culture, top to bottom, inside and out.
• Accountability - We own our actions and decisions; we do what we say we are going to do.
• Leave Everything Better - We innovate to improve everything we touch, and we take actions now to protect the future.

Description

The Vice President of Demand and Inventory Planning provides oversight and strategic direction of the operations of all forecasting, supply, inventory control, and S&OP functions within TBC North America. This position plays a key role in supporting the development and management of the company’s demand and supply planning functions that collectively forecast and procure over $4B in tire and non-tire inventory per year. In addition, this role is responsible for leading both the S&OP and S&OP business functions within the company that collectively orchestrate and manage the ordering, receipt, and deployment of inventory throughout the United States. Lastly, this function is responsible for the management, control, and reporting of all tire inventory within the company which averages over 8M discrete tire units across the U.S at any point in time. The VP of Planning will work closely with both matrix supply chain functions (Purchasing, Operations, Transportation) as well as the TBC BU Sales and Customer Service teams to ensure high levels of inventory fulfillment in support of the organizations sales and inventory objectives.

Job Responsibilities

• Develop and implement core planning strategies that drive forecast accuracy, lower bias, reduce inventory and drive service.
• Lead the Forecasting function within the United States to ensure appropriate levels of inventory to service customer requirements throughout 107 NTW Distribution Centers and 4 Regional Mixing Centers. Forecast Accuracy, Forecast Bias, Inventory Units and $, and ATS % in stock will be the primary metrics of this function.
• Lead the Supply Planning, Deployment, and Inventory Control functions to deliver established Service and Inventory Levels across the network with the lowest possible inventory levels.
• Lead and evolve mature and integrated S&OP and S&OE process across each BU within TBC.

Additional Job Responsibilities

• Facilitate the improvement and alignment of planning practices across locations, regardless of size, entity, or channel.
• Facilitate the implementation, sustainment, and use of enabling technology (SAP WM, BY, Power BI).
• Support the improvement of existing and new technology, as appropriate, including linkages to other core systems throughout the business.
• Prepare and oversee the administration of the inventory plan and budget.

Continued Responsibilities

• Develop long and short-term strategy for improving key performance metrics and financial plans/budget, while managing expense control.(Forecast Accuracy, ATS%, Inventory $, Transportation $)
• Partner with Human Resources to design, implement and oversee a talent model for the planning team
• Partners with other key functional areas and leaders to ensure the uninterrupted operation of mission critical distribution, systems, and services performance.
• Willingness to travel 25% of time.
• Other duties as assigned.

Added Responsibilities

Qualifications

• Minimum 10-15 years senior planning/supply chain management experience in retail, wholesale and/or eCommerce.
• Ability to oversee multiple key initiatives in parallel and/or leading a business transformation project.
• Proven leadership skills including leading the team with a clear vision and strategy, results-orientation, change catalyst and developing people.
• Outstanding communication skills necessary; ability to communicate at all levels of the organization.
• Ability to make effective decisions based on data available while setting a clear path forward in a fast paced environment.
• Experience with APS systems (Advanced Planning Systems), preferably Blue/Yonder or SAP.
• Previous accountability for multiple distribution facilities.
• Flexible team player, willing to set example for others to follow.
• Experience with high transaction direct-to-consumer fulfillment operations a plus.
• Ability to manage a business to stay ahead of the curve by finding new ways to satisfy internal and external customers.
• Bachelor's degree in Distribution, Supply Chain, Logistics or a related field. Master's degree preferred.
• Bilingual in Spanish /English is a plus

Benefits

• Market competitive compensation
• 401(k) and Roth with company match. Immediate 100% vesting
• Comprehensive benefits including medical, dental and vision
• Company paid short term disability and employer subsidized long term disability
• Company paid life insurance
• Discounted tire purchasing
• Tuition reimbursement
• Employee assistance program
• Generous paid vacation and paid time off
• Customizable voluntary benefits
• and More!!!

Mission Critical Competencies

TBC seeks team members who excel in demonstrating our critical competencies to drive organizational capability. In this spirit we view the following as mission critical for this role:

• Strategic Mindset: seeing ahead to future possibilities and translating them into breakthrough strategies.
• Action Oriented: Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
• Cultivates Innovation: Creating new and better ways for the organization to be successful.
• Collaborates: Building partnerships and working collaboratively with others to meet shared objectives
• Customer Focus: Building strong customer relationships and delivering customer-centric solutions.
• Develops Talent: Developing people to meet both their career goals and the organization's goals.
• Ensures Accountability: Holding self and others accountable to meet commitments.
• Drives Engagement: Creating a climate where people are motivated to do their best to help the organization achieve its objectives.
• Communicates Effectively: Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
• Instills Trust: Gaining the confidence and trust of others through honesty, integrity, and authenticity.
• Change Management: effective Sponsorship, Change Agent and influencing skills. Adaptive, agile, flexible, open minded. Proven ability to build cross-functional commitment, lead, simplify and scale complex dynamic organizations through transformational change.