Inventory & Supply Manager
Color
How You'll Contribute:
- Own the development, execution and sustainment of inventory and supply chain strategies that support lab throughput, program demand, BOM creation/update and organizational goals.
- Develop and implement SOPs for inventory quality control related processes, including lab and kit inventory and reagent/consumables management systems.
- Collaborate with warehouse, fulfillment and facilities to manage space needed for inventory.
- Forecast supply needs using testing volume data, business forecasts, and operational inputs.
- Drive continuous improvement efforts to enhance reliability, reduce waste, and streamline workflows.
- Lead cross-functional operational planning and alignment for supply readiness.
- Serve as the change champion for supply-related process updates, system implementations, policy changes, and workflow redesigns and kit version control.
- Manage sample collection kit configuration update & new launch life-cycle, including cross functional collaboration and leadership to ensure documentation meets FDA requirements, update the kit design history file, ensuring changes are compliant with FDA & Color’s requirements.
- Identify risks, build mitigation plans, and ensure smooth transitions during periods of growth or system evolution.
- Lead procurement planning, negotiate pricing, and manage vendor performance.
- Own inventory budget tracking, forecasting, and spend optimization including:
- Lead month-end physical inventory counts and annual inventory audits. Review/update inventory management SOPs and work with external auditors as needed.
- Prepare periodic or ad hoc finance/inventory analysis reports that track, monitor and analyze business performance against plans such as BOM, COGS and other relevant production & quality KPIs.
- Participate in periodic cost account closing by providing inventory analytics to capture all related expenses and variances.
- Ensure compliance with CLIA/CAP, GLP, safety standards, and internal quality systems
- Support audits by providing documentation and expertise on inventory processes
Our Ideal Candidate Will Have:
- 3+ years of experience in clinical lab, biotech, diagnostics, or healthcare operations roles.
- Demonstrated success leading operational initiatives or programs cross functionally as an IC.
- Strong change management, process design, and cross-functional influence skills including working closely with finance leads.
- Exceptional problem-solving, data interpretation, and strategic planning abilities.
- Strong understanding of lab workflows, reagents, consumables, and supply logistics.
- Ability to lead through influence, drive alignment, and manage complex operational systems independently.
Preferred:
- Experience in scaling operations in high-throughput or rapidly evolving environments.
- Lean/5S, Six Sigma, or supply chain certifications (APICS, CPIM, CSCP).
- Strong vendor negotiation or contract management experience.
- Experience implementing software or operational transformations.
What We Offer:
- 💰 Competitive salary
- ✨ Comprehensive medical, dental, vision, life, and disability benefits
- 📈 401k match
- 📝 Monthly phone and wifi stipend for employees, annual ergonomic stipend
- 🏝 Generous vacation policy, paid holidays and company-wide recharge days
- 🍼 Equal paid parental leave for birthing and non-birthing parents
- Free cancer screening and prevention resources for employees and their adult dependents