Material Planning & SIOP Specialist

Location: Ivyland, PA (Onsite)

About Us

Imagine a company with technology leadership of over 160 years, yet it operates with the energy of a startup. Ingersoll Rand has dedicated itself to Making Life Better for its employees, customers, shareholders, and planets. We produce innovative and mission-critical flow creation and life science technologies – from compressors to precision handling of liquids, gasses, and powers – to increase industrial productivity, efficiency, and sustainability. Supported by over 80+ brands, our products are used in various end-markets including life sciences, food and beverage, clean energy, industrial manufacturing, infrastructure, and more. Across the globe, we're driving growth with an entrepreneurial spirit and ownership mindset.

Job Overview

We are currently seeking an organized and detailed individual to join our Supply Chain team. This role will be responsible for developing, updating, and aligning material planning strategies to support factory revenue, delivery, and inventory turns targets. The individual will analyze inventory and delivery trends to identify gaps and opportunities, drive master data accuracy, make decisions regarding stocking strategies, and optimize safety stock levels in a manufacturing facility. They are also responsible for the development, execution, and effectiveness of the site's SIOP process and Master Production Schedule (MPS). The Material Planning & SIOP Specialist works closely with the Supply Chain Manager and Purchasing team to ensure inventory levels support optimization of inventory levels and Factory performance, ensuring a proper balance of material availability on inventory turnover while adhering to safety and quality standards. The ideal candidate is adaptable, a team player, a great communicator and can meet deadlines and prioritize multiple projects.

Responsibilities

• Material / Inventory Planning / SIOP:
  • Create, manage, and direct continual development of the Master Production Schedule (MPS) to ensure alignment with the SIOP plan.
  • Develop and maintain the key SIOP business metrics and work with functional leaders to drive improvement of these metrics.
  • Develop reports and monitor critical KPIs to show Shipment trends, Forecast accuracy, and Inventory turnover.
  • Establish, maintain, and optimize material planning parameters (such as Leadtime, Order Qty, Safety Stock) to support targeted delivery performance and Inventory turns.
  • Assess historical usage trends and gather forecast inputs to be used for material planning analysis.
  • Analyze on-hand inventory and identify parts that are under/over planned. Determine root causes and implement corrective actions.
  • Review, update, and maintain master data to ensure parts have the proper settings, ensuring that parts yield the expected MRP results.
  • Develop templates to effectively manage and analyze usage and planning data.
  • Conduct comprehensive lead time updates for all purchased parts by collaborating with suppliers and buyers.
  • Support new product launches by ensuring proper material planning is in place.
  • Assist in the EC meetings for new part set up.
  • Assess blanket POs and identify issues where excess inventory is and will be created.
• Communication:
  • Collaborate with purchasing department regarding supplier MOQ and lead-time updates.
  • Coordinate with Product Management and SIOP teams to ensure alignment on future forecast.
  • Proactively communicate process changes and planning updates so that affected team members are prepared for potential changes in MRP output.
• Documentation and Reporting:
  • Facilitate monthly SIOP process including reporting on Sales and Forecast quantity.
  • Compile detailed reports showing trends for usage, on-hand inventory, and inventory turnover.
  • Support weekly and monthly KPI reporting.
• Product Knowledge:
  • Stay up-to-date on the features and benefits of inventory products and parts.
  • Collaborate with colleagues to expand product knowledge.
• Team Collaboration:
  • Work collaboratively with leaders in Sales, Marketing, Manufacturing, and Supply Chain.
  • Work closely with senior leadership to help shape and deliver the strategic objectives by determining the correct mix/balance between supply/demand.
  • Collaborate with the extended supply chain team, (local and global) as needed.
  • Work closely with the Supply Chain Manager on new products and continuous improvement projects.
• Training and Development:
  • Participate in training programs to improve skills and knowledge.
  • Attend monthly EHS trainings.
• Quality Control:
  • Ensure accurate data is used for analysis and calculations.
  • Perform thorough data validation prior to uploading new planning parameters.
  • Evaluate and enhance material planning processes to minimize issues and defects.
  • Perform quality checks by established quality procedures and ISO requirements.
• Safety Compliance:
  • Follow all safety guidelines, including wearing appropriate personal protective equipment (PPE).
  • Report any safety hazards or incidents to supervisors promptly.
• Cleanliness and Organization:
  • Maintain a clean and organized work area.
  • Follow 5S principles (Sort, Set in order, Shine, Standardize, Sustain).

Requirements

• Bachelor's degree in Supply Chain Management or equivalent.
• 5+ years of experience in inventory, procurement or equivalent experience in operations roles.
• 1+ years of experience managing and updating large volumes of data related to Material Planning parameters.
• 1+ years of experience with JD Edwards or another ERP system.
• 1+ years of experience with Microsoft Office Suite.

Core Competencies

• Demonstrated time management skills, problem-solving skills, strategic thinking, and adaptability.
• Excellent written and verbal communication.
• Efficiency.
• Productivity.
• Decision Making.
• Detail-oriented.
• Analytical.
• Inventory Management.

Preferences

• Exposure to processes such as Sales, Inventory and Operations Planning (SIOP).
• Experience with lean supply chain methodologies such as Kanban, Consignment, and Vendor Managed Inventory programs.

Benefits

• Health care options including medical and prescription plans, dental and vision coverage, and wellness programs.
• Life insurance.
• Robust 401(k) plan.
• Paid time off.
• Employee stock grant.