When you work at Caterpillar as an Inventory Analyst-Authorizations, you must analyze engineering release and change notices, determine serviceability, create master records, identify and categorize critical parts, determine anticipated worldwide demand and place initial stocking requirements to balance the Inventory for the first 36 months after release. Process, order, allocate, and manage worldwide parts inventory levels for Continuous Product Improvement (CPI) health issues. Requires active involvement with 6 Sigma initiatives to support CPI and New Product Introduction (NPI) business.
What You Will Do:
The Inventory Analyst will manage and analyze engineering drawing notices (EDNs) released for NPI, CPI, and major product updates prior to target release date. This includes analyzing engineering drawing notices for quality, completeness, and when necessary, resolving issues with engineering. The analyst will also utilize systems, their own product knowledge, and EDN information to determine application/product specific serviceability levels. The analyst will create master parts records (an all-inclusive record for an item), validate critical part description indicators, issue cancellations and Supersessions, and submit changes to Numerical Parts Record (NPR). The Inventory Analyst will establish initial worldwide inventory levels by analyzing distribution plans, sales and forecast information, product knowledge, and product group information. Incumbent will establish and maintain a business balance between parts availability and months of supply. Various NPI and CPI reports and tools are used to adjust stocking levels in the correct market regions. Each analyst will manage up to $5M worth of inventory as they process an average of 8,000 EDNs and 10-15 NPIs annually. In addition, the incumbent will process approximately 200 Parts Stocking Authorization/Parts Stocking Recommendations (PSA/PSRs) each year. The analyst partners with Global Purchasing and Supply teams set priorities to achieving 100% parts readiness KPI. The incumbent will communicate with internal and external business partners to resolve complex issues that will impact on quality of service and customer satisfaction. The incumbent participates in the development of new IT tools to specifically manage overall CPI process and contribute to enterprise 6 Sigma initiatives that continue to refine, enhance, and create process improvement to support the NPI/CPI business. Additional Information:
- Bachelor s degree in engineering / Maths / Science / Commerce
- Experience with strong Caterpillar Aftermarket experience preferably with parts product structure, global purchasing, expediting and distribution practices
- Should possess good product knowledge, familiarity with parts inventory procedure, practices and policies
- Must have excellent analytical and problem-solving abilities
- Strong technical skills in Microsoft 360 and similar tools
- Good oral and written communication skills
- Strong customer focus and ability to work effectively with a wide variety of people
- Must be willing to work in US shift timing to have enough overlap with Morton team.
DESIRED SKILLS
APICS CPIM or CSCP National Certification
What You Have:
Business Acumen: Knowledge of business concepts, tools, and processes that are needed for making sound decisions in the context of the companys business; ability to apply this knowledge appropriately to diverse situations.
Level Working Knowledge:
Comments on the organizations business model and financial goals.
Communicates key considerations for business decision making process.
Cites examples of types of information needed to make sound business decisions.
Participates in business tasks to get things done in own unit or area.
Caters to key stakeholders and their priorities.
Standard Operating Procedures: Knowledge of established standard operating procedures (SOP); ability to design, implement and evaluate standard operating procedures affecting daily and strategic business operations to increase operational efficiency.
Level Basic Understanding:
Compiles current research relevant to standard operating procedures.
Explains usage of standard operating procedures in business operations.
Describes main issues and considerations when using standard operating procedures.
Identifies key features and functions of standard operating procedures.
Effective Communications : Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.
Level Working Knowledge:
Delivers helpful feedback that focuses on behaviors without offending the recipient.
Listens to feedback without defensiveness and uses it for own communication effectiveness.
Makes oral presentations and writes reports needed for own work.
Avoids technical jargon when inappropriate.
Looks for and considers non-verbal cues from individuals and groups.
Problem Solving: Knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving organizational, operational or process problems; ability to apply knowledge of problem solving appropriately to diverse situations.
Level Working Knowledge:
Identifies and documents specific problems and resolution alternatives.
Examines a specific problem and understands the perspective of each involved stakeholder.
Develops alternative techniques for assessing accuracy and relevance of information.
Helps to analyze risks and benefits of alternative approaches and obtain decision on resolution.
Uses fact-finding techniques and diagnostic tools to identify problems.
Data Gathering and Reporting: Knowledge of tools, techniques and processes for gathering and reporting data; ability to practice them in a particular department or division of a company.
Level Working Knowledge:
Detects and summarize patterns in data and findings by producing simple reports.
Assesses common problems and obstacles surrounding data-gathering.
Customizes data fields to meet clients needs.
Interprets and explains results of a data-gathering initiative.
Participates in projects to gather data for needs analysis.
Inventory Management: Knowledge of processes and methods of inventory management; ability to effectively manage an organization s materials, commodities, merchandise, or products.
Level Working Knowledge:
Produces basic inventory management reports for senior staff to reconcile the inventory balances.
Tracks inventory information for a specific part, product group or location.
Works with basic tasks of inventory management for an assigned product group.
Follows processes to take stock inventory and resolves discrepancies.
Caterpillar is not currently hiring individuals for this position who now or in the future require sponsorship for employment visa status; however, as a global company, Caterpillar offers many job opportunities outside of India which can be found through our employment website at www.caterpillar.com/careers .
