Materials Planner III

1 month ago

Frederick, Maryland, United States Thermo Fisher Scientific Full time
Work Schedule
Other

Environmental Conditions
Office

Job Description

Location:

7305 Executive Way

Frederick, MD 21703

Reporting 4 days a week to the Frederick, MD location. 1 day working remotely.

The Materials Planner will develop the raw materials requirements plan, work with suppliers to acquire raw materials delivery commitments, and align production schedules to deliveries. The role will balance the required and available material to optimize service, working capital and material costs. This individual is encouraged to make decisions on behalf of supply planning when engaging with other functional areas (such as capacity planning, quality, procurement, manufacturing and finance). Decisions may need to be approved by a supervisor or manager if they fall outside of the predefined threshold defined by the business processes. The successful candidate for this role is an analytical problem solver and a strong communicator with an eye for detail.

What will you do:
  • Monitor supply plans to identify changes and to understand their impact on material requirements schedules. Work closely with production planning and scheduling teams to ensure proper coverage and accurate schedules
  • Adjust the delivery schedules to accommodate near-term orders that differ from the agreed sales and operations (S&OP) plan
  • Establish and own critical inventory parameters - such as ABC classification and safety stock settings, replenishment quantity and launch quantity - taking into account constraints and input, such as lead time and order cycle time.
  • Develop and maintain material planning assumptions in conjunction with purchasing, planning, manufacturing operations, logistics/warehousing and commercial teams, including safety stocks, lead times, order quantities, campaign, supplier delivery performance or production strategy, batch yields and cycle times.
  • Facilitate weekly supply planning meetings with key suppliers, where required, and ensure gaps between demand and supply are clearly understood and communicated, and appropriate actions are in place to resolve.
  • Align with critical suppliers on availability and key risks and constraints on short and midterm.
  • Identify possible future capacity constraints and bottlenecks in the supply base. Work with procurement and suppliers on service-level agreements to align lead times and minimum order quantities.
  • Leverage new product introduction plans from research and development and/or new product innovation teams into material requirement schedules
  • Report on back orders, short stock, excess items and slow-moving inventory to the parties concerned. Be accountable, measure, analyze and report key process metrics, and track adherence to key performance indicators such as inventory, timely delivery, and availability.
  • Participate in problem solving activities and drive back-order reduction efforts. Improve and upgrade material planning systems and reporting. Analyze supplier performance and inventories to understand how to increase inventory turns, reduce waste or optimize customer service.
Education:
  • HS diploma required.
  • 3-5 years of relevant supply chain planning or procurement experience in a manufacturing supply chain.
  • A Bachelor's Degree in Supply Chain Management, Industrial Engineering, or other business management focus or related field preferred.
Skills and Abilities:

Understanding of material requirements scheduling and planning concepts.

A strong balance of analytical skills and action orientation combined with practical business knowledge to drive sustaining results with intensity.

Ability to use technology tools and translate data into high-level analysis to facilitate collaboration with business leaders guiding towards desired business outcomes. Ability to clearly communicate results of analysis in verbal and written format to different levels in the organization. Proficiency in SAP, JDE, or another major ERP system.

We offer competitive salary, an annual incentive bonus plan, 401K with company match up to 6%, tuition reimbursement, and a range of other employee benefits

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