Inventory Analyst

Job Description

Job Description Plants to maintain optimal level of float/Transit Time/ 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, Waste elimination actions Work with Plant Operations and Finance teams to Forecast Inventory Trends and support in forecasting & Budgeting process based on dynamic business conditions Work from Center of Excellence team for Inventory across Ford Motor Company Work on various Optimization workstreams with CFT teams and be ready to operate at staggered shifts include North America, EU time zones Excellent Hands on experience in Analytical Tools Alteryx, GDIA, RPA, DPA etc is mandatory Responsibilities Production parts Inventory 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 and optimize all VSMs for Leg A (Supplier through Trading company into Port) by working with all Global TCs Review Transit time performance of all shipments between Port to Port and support with TT reduction initiatives based on actual performance Governance Process – All Regions Ensure Monthly Governance of all Float/Opres/Advance Jobs & Fixed Float and alignment with Plant on deviations Inventory Efficiencies Work with Plants, Network Logistics, RTM, Capacity, Op Plan, Supply Chain to identify opportunities of Inventory reduction in all input parameters, Drive TVM Actions through VSM Analysis System Improvements/ Digital Tools Develop system tools (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 Budgeting & Forecasting 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 Deliver Inventory actuals In line with Budget & support with any efficiencies that may be tasked Qualifications Job Qualification Education Working Experience/ Special Knowledge List of Competencies Competency Proficiency Level B.E / B.Tech 5 yrs in MP&L Business Process ERP Systems Knowledgeable Financial Knowledge Basic Accounting standards / Budgeting & Forecasting Process Knowledgeable Data Analytical Skills Data crunching, Interpretation & Analysis Hand on System Tools Datamining using Altreyx, Datamart, GDIA tools, PEGA, Programming tools, AI/ ML tools, etc.. Hand On