Inventory analyst

Ford

5 - 12 years

9 - 10 Lacs

chennai

Posted:2 days ago| Platform:

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Skills Required

erp rpa inventory control sap supply chain forecasting warehouse operations warehouse management logistics accounting inventory warehouse budgeting material management supply chain management procurement pega inventory management inventory analysis

Work Mode

Work from Office

Job Type

Full Time

Job Description

Plants to maintain optimal level of float/Transit Time/Stockpile for all production parts.
The VSM between Supplier through TC into Plant should operate Lean
Engage Regional/ Global cross functional teams in identifying Inv reduction opportunities & support specific agreed CoE actions
Work with Plant Operations and Finance teams to Forecast Inventory Trends and support in forecasting & Budgeting process based on changing business conditions
Transition to a Center of Excellence for Inventory across Ford Motor Company
Deploy the latest Technology tools to ensure optimum Inventory levels/ right size Inventory
Drive VSM to achieve TVM waste elimination actions
Note:
This profile will also call for night shift working (FNA)
B.E / B.Tech 5+ yrs in MP&L Business Process ERP Knowledgeable Financial Knowledge Basic Accounting standards / Budgeting & Forecasting Process Knowledgeable Data Analytical Skills Data crunching, Interpretation & Analysis Knowledgeable System Tools Datamining using Datamart, GDIA tools, PEGA, Programming tools - AI, ML etc.. Advantage
Understand and Master the concept of in-plant float, Opres, Variable float, Fixed float, Advance Jobs, PFEP, Ship Frequency & Transit Time
Maintain & Update Right Inventory inputs in CMMS in line with agreed standards Review & Challenge all Float / TT change requests based on Inventory impact to budget/Forecast & Business emergency Review, Challenge and update stock pile requests based on Business case and ensure closure of stock piles when business demand ends. Review Transit time performance of all shipments between Port to Port and support with TT reduction initiatives based on actual performance
Ensure compliance to closure of all Float & Calendar requests within the agreed TAT
Develop Float starts & support IMG and FNA Inventory reduction initiatives/ideas
Ensure Monthly Governance of all Float/Opres/Advance Jobs & Fixed Float and alignment with Plant on deviations Work with Plants, Network Logistics, RTM, Capacity, Op Plan, Supply Chain to identify opportunities of Inventory reduction in all input parameters Develop system tools (AI/ ML/RPA/GDIA/AI/Datamart/etc..) to identify and deliver efficiencies across the supply Chain Develop tools that can predict Inventory movements at part level & thereby improve Inventory forecasting process
Engage all Cross Functional teams in developing Budget / Business plan numbers
Ensure Monthly forecasting is done for all plants and support with necessary variance explanations with 98%+ accuracy
Deliver Inventory actuals In line with Budget & support with any efficiencies that may be tasked

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