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Ford Motor Company
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Inventory analyst

Inventory analyst

Ford Motor Company

0 years

5 Lacs

chennai

Posted:2 days ago| Platform: GlassDoor logo

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Skills Required

inventory lean support finance forecast forecasting budgeting technology drive erp accounting data interpretation analysis pega programming ai ml frequency compliance governance network logistics

Work Mode

On-site

Job Type

Part 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

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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Inventory analyst