Inventory Planner

Job Duties And Responsibilities

• Collaborate with other teams, such as supply planning and production planning, on inventory availability for customer orders
• Monitor inventory levels to ensure stock availability and minimize excesses; coordinate the repositioning of inventory as needed to meet customer requirements
• Develop action plans to resolve excess and “stranded” inventory levels working closely with sales, finance, and other planning teams to mitigate financial impacts
• Oversee stock levels to ensure materials are in right location, ensure utilization of product rotation best practices, and develop action plans for slow moving/obsolete materials
• Oversee the disposition of distressed inventory, work closely with plants to minimize rework and timely utilization, and/or sell off of distressed inventory
• Develop improved inventory management processes by establishing inventory strategies, improving systems, and developing procedures for communication to stakeholders
• Develop standard inventory reporting, report inventory trends, and action plan tracking
• Lead weekly and monthly inventory meetings; participate in weekly and monthly production planning meetings
• Maintain key performance metrics, such as delivery in full, on time (DIFOT), inventory days on hand, and distressed inventory reduction targets

Requirements

• Undergraduate degree in supply chain or related curriculum (or equivalent combination of experience and education)
• 2 to 5 years of inventory, sales and operations planning, production planning, or related experience

Education And Experience

• Undergraduate degree in supply chain or related curriculum (or equivalent combination of experience and education)
• 2 to 5 years of inventory, sales and operations planning, production planning, or related experience

Knowledge, Skills, And Abilities

• Knowledge of inventory management practices and principles
• Knowledge of company computer systems and Microsoft Office Suite, especially Excel and SAP or similar ERP planning systems
• Solid communication skills with ability to shift style with audience
• Analytical and problem-solving skills
• Able to work collaboratively and elicit cooperation from variety of sources, including management, production planning, quality teams, logistics, procurement, etc.
• Able to handle challenging or conflict situations with tact and professionalism
• Able to multi-task, prioritize, and meet deadlines for multiple assignments or projects
• Must be able to read, write and speak English

Pay

$71880 - $72500 / year