Specialist - Inventory Management

What You’ll Do

• Monitor current and projected inventory levels across the network vs financial targets and inventory entitlement, identifying reasons for deviation and driving corrective actions.
• Participate in S&OE meetings and report out inventory progression for ME and MPS visibility.
• Prepare and align inventory expectations and FC as report out for the monthly FC process.
• Run inventory scenarios in Kinaxis based on S&OE/RCCP inputs and align with network planners
• Accountability for product segmentation/ assortment update for inventory planning purposes in consultation with Network planner ( raw ) and SIOP (FG).
• Responsible for calculation, analysis and recommendations but decision making lying with SIOP & Network Planner
• Responsible for setting inventory parameters for finished goods in DC (Distribution Centers) / plants and raw materials/sub assemblies in plants as per expected service levels in our core systems including SAP, Kinaxis etc. (ROP, SS, MOQ?, Min/Max , Replenishment Policy
• Monitors DC and plant service levels and the impact of adjusting safety stock and other parameters
• Lead and cooperate with cross functional teams to drive inventory reduction projects and report out monthly status
• Run scenarios in Kinaxis and simulates the impacts of inventory policy changes on total inventory levels across network Monitors and drives improvement in inventory performance metrics
• Coordinates approval of inventory policy changes
• Provides planning decision making support to Network Planners and Network Schedulers
• Conducts root causes analysis on pain points and recommend improvements/corrective action plans
• Prepares data-driven inventory target levels( water tank execution)
• Evaluates exceptions/scenarios in inventory based on inventory health
• Drives execution of MRP Priorized action messages (push out/cancel) with all network nodes
• Monitors and maintains inventory related master data parameters
• E&O/Slow moving inventory tracking and actions for improvement
• MIS reporting – Daily Inventory & receipts, Tier 4 metrics (Leading indicators), >8 weeks inventory analysis, Non nettable inventory, E&O, ageing, DOH, water tank etc
• Work on materials management processes and drive improvement projects with a consultative approach
• Willingness to learn Kinaxis from super user perspective & train the materials management users as per need
• Excellent communication, presentation skills & demonstrated experience of working on projects with stakeholders from different geographies
  

Qualifications

Skills

• Solid understanding of SIOP, Material planning,Inventory Mgt, MRP & demand / supply challenges
• Proficie skills level in MS Office: Advanced Excel and Power Point presentations.
• Proficient and good hands on exposure on ERP (Preferred SAP)
• Preferred exposure into Power BI, SQL and PowerBI query building.
• Technology Savyness (Knowledge of Kinaxis RR will be an added advantage)