Inventory Planner

Job Responsibilities

• Maintain input data which drives replenishment triggers from the Material Resource Planning system, including lead time, reorder point, maximum inventory level, reorder quantity, scaled purchase quantities.
• Determine proper methodology for inventory management by individual material or groups of materials, between reorder point planning and buying to forecast.
• Aid in the development of “bottom up” forecast models and liaise with business owners to gain consensus and agreement.
• Review MRP created Purchase Requisitions for appropriateness and releases to be placed on PO and ordered from suppliers.
• Ensure that quantities and suppliers are in support of best practice purchasing.
• Set up new item numbers along with obtaining copies of vendor quotes and set up cost and Bills of Materials in SAP.
• Complete cost audits on a regular basis.
• Collaborate with Quality to manage adherence to customer and regulatory requirements.
• Review inventory levels, assesses current performance, makes recommendations and changes to optimize inventory related to working capital, customer service and strategic initiatives.
• Responsible for metrics related to inventory management which can include turns, GMROII, inventory aging.
• Manage the onboarding and sunsetting of materials and material groups for the organization ensuring new products support launch and exiting products are fully disposed of.
• Perform other duties and/or responsibilities as requested.

Additional Responsibilities & Qualifications

• Experience with Third Party Subcontractor/Vendor Management
• Experience with Quality Management Systems
• Experience in industrial packaging or distribution business is preferred
• Work Experience: 3-5 years of related job experience
• Ability to manage multiple projects, work under pressure, and adapt to sudden changes in the work environment
• Proficient with Microsoft Office Suite
• Strong customer service skills (friendly, courteous and helpful)
• Strong problem-solving and attention to detail skills are required

Qualifications

• Bachelor's Degree Preferred

Benefits

• Engaging and inclusive culture with employee-led Employee Resource Groups, Veritiv Cultural Alliance, recognition platform, etc.
• Extensive training opportunities, professional development programs, career pathing, and mentorship opportunities
• Collaborative atmosphere with our customers and suppliers to create healthier, safer and more sustainable communities through our responsible operations and innovative solutions
• Healthcare benefits, 401k, paid time off and tuition reimbursement

About Veritiv

Together with its subsidiaries, Veritiv is the leading full-service provider of packaging solutions. Veritiv also provides JanSan, hygiene, print and publishing products and services. Veritiv serves customers in a wide range of industries, through team members around the world helping shape the success of its customers. For more information, visit www.veritiv.com and connect with the Company on LinkedIn.