Mark Castellano

Inventory Consultant - Excess Inventory @Owens & Minor

Richmond, VA, US

Lead monthly reporting process on excess inventory. Building reports for 3 different business segments with over $100M of excess inventory to communicate and action the most problematic inventory within the company.Reduced excess and obsolete inventory company-wide by 20% within the first six months, taking the monthly total from $150M to less than $120MCollaborate with multiple stakeholders across various business segments to find alternative paths to deploy unproductive inventory. Resulting in 18% write-offs than prior years.Guide the excess inventory teams data utilization and strategy to more accurately understand what inventory is true excess and use existing data to scale the identification of the origin of problematic inventory. Leverage that knowledge to collaborate with teams creating problematic inventory to adjust processes and limit the accrual of high risk items.

University of Michigan - Stephen M. Ross School of Business

Bachelor’s Degree, Business Administration and Management, General