Inventory analyst

• 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)

Responsibilities

Understand and Master the concept of in-plant float, Opres, Variable float, Fixed float, Advance Jobs, PFEP, Ship Frequency & Transit TimeMaintain & Update Right Inventory inputs in CMMS in line with agreed standardsReview & Challenge all Float / TT change requests based on Inventory impact to budget/Forecast & Business emergencyReview, 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 performanceEnsure compliance to closure of all Float & Calendar requests within the agreed TATDevelop Float starts & support IMG and FNA Inventory reduction initiatives/ideasEnsure Monthly Governance of all Float/Opres/Advance Jobs & Fixed Float and alignment with Plant on deviationsWork with Plants, Network Logistics, RTM, Capacity, Op Plan, Supply Chain to identify opportunities of Inventory reduction in all input parametersDevelop system tools (AI/ ML/RPA/GDIA/AI/Datamart/etc..) to identify and deliver efficiencies across the supply ChainDevelop tools that can predict Inventory movements at part level & thereby improve Inventory forecasting processEngage all Cross Functional teams in developing Budget / Business plan numbersEnsure Monthly forecasting is done for all plants and support with necessary variance explanations with 98%+ accuracyDeliver Inventory actuals In line with Budget & support with any efficiencies that may be tasked

Qualifications

B.E / B.Tech 5+ yrs in MP&L Business Process ERP KnowledgeableFinancial Knowledge Basic Accounting standards / Budgeting & Forecasting Process KnowledgeableData Analytical Skills Data crunching, Interpretation & Analysis KnowledgeableSystem Tools Datamining using Datamart, GDIA tools, PEGA, Programming tools - AI, ML etc.. Advantage