Analyst, Lifecycle Management
2 weeks ago
Chicago HQ (hybrid)
Want to make an impact?
This Lifecycle Management Analyst position is responsible for managing discontinuation and transition projects for the company's SKU portfolio to ensure that residual inventory and obsolescence targets are met. For their assigned projects, this person will manage the ramp down of inventory, lead the obsolescence risk analysis, and ultimately coordinate the supply chain approach cross-functionally to ensure service and cost objectives are met throughout each of their assigned projects.
Ways you will make a difference
- Manage the end-of-life processes for "to be" discontinued Finished Good, Semi-Finished Good, and Packaging SKU's in the portfolio. This includes scope tracking, scenario planning analysis for timeline inputs, maintaining planning and master data systems status, inventory runout projections, and financial obsolescence projections.
- Ensure adherence to project assumptions in production planning IT systems by maintaining Material Requirements Planning (MRP) and Bill of Materials (BOM) settings.
- Review purchasing requirements to ensure material purchase orders are placed in line with inventory runout assumptions.
- Lead cross-functional discussions to develop mitigation plans for risk identified in the scope of SKU discontinuation and transition projects.
- Provide status updates to management on adherence to project plans, root cause of any misses, risks, and options/tradeoffs/recommendations to minimize impact.
- Support ad-hoc projects for process improvement related to discontinuations and general inventory risk management.
- Strong verbal, written, oral, and interpersonal communication skills across multiple levels of an organization
- Ability to multi-task in a fast paced environment and able to shift priorities quickly
- Understanding of Sales and Operations Planning (S&OP) processes
- Project and program management skills for managing scope, timelines, and assumptions
- Comfort solving problems with incomplete or limited information
- Ability to work independently and be a self-starter
- BA/BS; in quantitative majors preferred (i.e. Engineering, Statistics, Operations Management, Economics, Business, Logistics)
- 2+ years of relevant experience in Inventory Management, Supply Chain Planning, Project Management or Manufacturing
- Experience working cross functionally within a manufacturing site or a corporate setting
- Proficiency in Microsoft Office products
- Advanced proficiency in Excel including data manipulation and advanced formulas, experience using business intelligence tools preferred
- Experience using ERP systems, SAP preferred
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