Sr Materials Mgmt Analyst

As the Senior Material Planning Analyst at our company, you will play a crucial role in overseeing inventory management, demand forecasting, and material planning processes to ensure a smooth operation of the supply chain. Your collaboration with various departments, including procurement, production, and logistics, will be essential to optimize material usage and enhance overall efficiency. **Key Responsibilities:** - **Demand Forecasting:** - Analyze historical data and market trends for accurate demand forecasts. - Collaborate with sales and marketing teams to gather insights for demand planning. - **Inventory Management:** - Monitor and manage inventory levels to ensure optimal stock levels while minimizing excess and obsolescence. - Establish and maintain safety stock levels based on SKU criticality and demand variability. - **Material Planning:** - Develop and maintain production schedules to meet manufacturing demands. - Ensure timely procurement of materials through collaboration with suppliers and procurement teams. - **Data Analysis and Reporting:** - Utilize forecasting and inventory management tools to analyze data and generate reports for management. - Present findings and recommendations for inventory optimization, cost reduction, and efficiency improvements. - **Supplier Coordination:** - Work closely with suppliers to ensure material availability and address any supply chain disruptions. - Evaluate supplier performance and implement necessary improvements based on key performance indicators (KPIs). - **Continuous Improvement Initiatives:** - Identify opportunities for process improvement in inventory management and material planning. - Lead initiatives aimed at enhancing efficiency and reducing costs. - **Cross-Functional Collaboration:** - Collaborate with production, sales, logistics, and finance teams to align material planning with business goals. - Participate in cross-departmental projects to support strategic initiatives. - **Compliance and Risk Management:** - Ensure compliance with industry regulations and internal policies regarding material procurement and usage. - Assess risks in the supply chain and develop contingency plans accordingly. **Qualifications:** - **Education:** Bachelor's degree in supply chain management, logistics, business administration, or a related field; a master's degree or certification (e.g., APICS CPIM) is a plus. - **Experience:** A minimum of 5-7 years of experience in material planning, inventory management, or supply chain analysis. - **Technical Skills:** - Proficiency in ERP systems (e.g., SAP, Oracle) and planning software. - Strong analytical skills, including proficiency in Excel and data analysis tools (e.g., SQL, Tableau). - **Soft Skills:** - Excellent communication and interpersonal skills. - Strong problem-solving abilities and attention to detail. - Ability to work collaboratively in a team-oriented environment. This job description serves as a general guide and may vary by company and specific industry needs. Providing clear expectations helps potential candidates assess their suitability for the role while outlining the significant contributions they are expected to make.,