Inventory Planning Specialist

Job Details

- Analyzes monthly inventory consumption: uses statistical analysis, knowledge of expected inventory requirements and other tools, to prepare and submit the monthly inventory order request to Purchasing Department.

- Reviews weekly, or as needed, Purchase Order shipment and tracking data to insure continuous and adequate availability of inventory and supplies for operations. Takes action as needed making recommendations to Supervisor, to accelerate or defer deliveries of inventory shipments.

- Ensures the organization has the right amount of stock to meet customer needs and to avoid overstocking items.

- Collects and organizes information from a variety of sources, such as computer databases, sales histories, and customer feedback.

- Assesses, responds and acts upon as needed, to ad hoc inventory order requests originating from Operations.

- Interacts regularly and routinely with Purchasing Team (local and Corporate) to insure orders and deliveries are updated in ERP system and are consistent with the ongoing business needs.

- Works closely with Manufacturing and Inventory Departments to communicate needs of business.

- Interacts regularly and routinely with the Corporate Team, scheduling and Logistics Teams to communicate US operations needs and requests with respect to production scheduling, and/or accelerated or deferred inventory shipments.

- Continued focus on improving inventory turn rates.

- Analyzes, works in conjunction with Planning and Operations Teams, and makes recommendations for improvements to inventory analysis, planning software tools and procurement practices and procedures.

- Provides analysis and support to sourcing/vendor evaluation and qualification decisions.

- Manages suppliers and commodities to insure quality product, on time deliveries and lowest cost. Works with suppliers to ensure accurate and timely communication on delivery dates and order quantities. Must work with suppliers on managing their supply chain to reduce lead-time, carrying cost, and improve inventory turns.

- Work with the inventory management team to ensure all deliveries satisfy the assigned purchase order and report any missing products.

- Responsible for accurate information on delivery dates. Changes to schedule or forecast will require the Inventory Planning & Procurement Specialist to move in, move out, or cancel purchase orders. This must be followed through with changes being documented in Discovery.

- Follow up, expedite, and maintain all of the purchase orders. Requisitioned and suggested order requirements are the responsibility of the Inventory Planning & Procurement Specialist to process into purchase orders.

- Other duties specified by supervisor as required.

- Personally observes safety and security procedures and proper use of equipment and material. Actively promotes safety process and reports any safety issues to proper channels for action.

- Support Company EEO policies and take action to provide a workplace free from harassment or discrimination.

Qualifications/Education Requirements

- SCM / Planning education and work experience.

- Proficient computer skills with knowledge of MS Office and/or company specific databases.

- Self-motivated and able to work well with stringent deadlines and possess good organizational skills.

- Proactive problem definition and creative problem-solving skills.

- Strong attention to detail, organizational skills and time management abilities.

- Excellent oral and written communication and analytical skills.

- Experience working across different functions.

- Bachelor’s degree required.

Working Conditions & Physical Requirements

- Normal office environment and occasional exposure to plant environment during the course of normal job duties.

- Occasionally required to move about the facility

- Occasional travel and On call required

- Wear appropriate personal protective equipment, including eye and hearing protection, hard hat and safety shoes while in shop environment or on job site.