Job description
Reports to: Director Inventory Planning and Warehouse Last Update: May 13, 2018
Overview:
Performs inventory demand analysis and Min Max inventory planning for assigned business units and inventory locations. Ensures an adequate supply of product to meet customer service needs while minimizing working inventory investment. Maintains the settings in the inventory planning systems to ensure accurate inventory forecasts and planning. Coordinates with Buyers to ensure accurate, timely, and efficient replenishment of planned inventory. Material Planner may also function in the Buyer role.
Essential Duties (Approximate % of Time Spent)
Implements and maintains Min-Max Inventory Planning using inventory optimization tools and Oracle Inventory Management System. (~70%)
- Processes and performs monthly inventory planning for assigned business units.
- Conducts supplier part supersessions to insure all “Use Up” material is consumed.
- Maintains unit and preventive maintenance mapping to ensure usage information is correct.
- Executes/maintains automated internal replenishment for assigned business units.
- Coordinates inventory planning modifications related to organizational changes.
- Coordinates inventory planning cross-functionally to support business objectives and metrics including part sales, customer service, inventory turns, cost savings, and inventory obsolescence.
- Coordinates cross-functional activities to redistribute, return, or dispose of slow-moving or obsolete material.
- Works with Corporate Supply Chain to implement sourcing and improvement initiatives related to inventory and GAINS (Inventory Optimization Tool) documentation.
Meets and works with business units to maintain and improve planning parameters, service levels, and inventory planning. (~20%)
- Serves as point of contact for assigned business units for all inventory/planning and buying issues.
- Identifies, negotiates, and resolves conflicts.
- Participates in monthly Business Unit Reviews.
- Travels as needed to inventory locations for support and training related to inventory planning.
Maintains an awareness of current company and market conditions in order to plan as necessary. Analyzes data and creates reports related to key planning and supply chain activities. (10%)
Non-Essential Duties: Performs other duties as assigned.
Skills and Abilities:
Ability to:
- Perform all essential duties.
- Work with mathematical concepts such as probability and statistical information.
- Identify, negotiate and resolve conflicts and impact and influence others without direct authority.
- Demonstrate excellent problem-solving skills, attention to detail and analytical ability.
- Demonstrate leadership skills to facilitate and drive cross-functional activities, motivation and ability to work independently.
- Demonstrate outside-the-box thinking and strong organization and coordination skills to meet multiple demands and changing priorities while meeting deadlines.
- Demonstrate strong verbal and written communication skills and ability to effectively interface with all levels throughout the business.
- Write easily understood, concise reports, business correspondence, and procedure documents.
- Effectively present information and respond to questions from managers and internal customers.
- Lead team(s) in developing improved work processes for the department.
Proficiency with:
- Microsoft Suite (Word, Excel, Outlook etc.)
- Advanced Excel functions such as VLOOKUP and Pivot tables.
Knowledge:
- Thorough knowledge of min-max planning, inventory management, forecasting, and warehouse management concepts.
- Extensive knowledge of supply chain integrated business system (Oracle preferred).
- Knowledge of Inventory Optimization Tools is preferred.
- Understanding of key performance indicators in assigned area and related impact on financial results.
- Effective at utilizing Change Management principles.
Minimum Education and Certification:
- Bachelor's degree in Business/Supply Chain or equivalent experience.
- CPM (Certified Purchasing Manager), CPSM (Certified Professional in Supply Management) certification through ISM (Institute for Supply Management) or APICS CSCP (Certified Supply Chain Professional) preferred.
Minimum Experience:
- Typically at least eight years of relevant experience in Supply Chain with a demonstrated pattern of increased responsibility.
- Minimum five years’ experience in an inventory planning role.
- Minimum five years’ experience with inventory optimization tool.
Leadership:
- Expected to serve as a resource to others for problem solving, knowledge transfer, and training.
- May occasionally lead a project / initiative / team.
Physical Demands: (Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions)
- Regularly required to stand, walk, and bend with good balance, use hands to finger, handle or feel and reach with hands and arms.
- Regularly required to sit, perform repetitive duties, and use a PC and to talk and hear.
- Vision abilities include close vision, distance vision, color vision, and the ability to adjust focus.
- Regularly required to lift, move and carry up to 10 pounds.
Problem Solving and Innovation:
- Analyzes planning data and metrics on an on-going basis and develops recovery plans as needed.
- Finds solutions to a diverse scope and range of complex problems where analysis of data requires evaluation of many factors and potential conflicts between business units, local supply chain and planning requirements.
- Implements preventative and corrective actions in a timely manner.
- Expected to frequently identify opportunities and to recommend and lead initiatives to drive process improvements, methods, and improvements to teamwork, efficiency and quality.
Impact:
- Actions and decisions related to Inventory planning impacts cost and service levels at assigned locations.
This job description is a summary of essential job functions. It is not intended as an employment contract, nor is it intended to describe all duties someone in this position may perform. All employees are expected to perform tasks, as assigned by supervisor, regardless of job title or routine job duties.
colinoncars.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, colinoncars.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, colinoncars.com is the ideal place to find your next job.