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Material Planning Specialist
2 months ago
POSITION DESCRIPTION
Position Title: Materials Planning Specialist Department: Supply Chain
Classification: Exempt, Indirect Approved By: Human Resources
REPORTING RELATIONSHIPS
Position Reports To: Supply Chain Director
Positions Supervised: None
POSITION PURPOSE
The Materials Planning Specialist will utilize the sales forecast to analyze and create a demand signal for the buyer to source, negotiate and purchase any and all materials as necessary to support production. This function will utilize the company’s ERP system to drive MRP for demand planning and execution of production orders in support of sales demand.
ESSENTIAL FUNCTIONS AND BASIC DUTIES
- Analyze, manage, and implement actions relating to material requirements that ensure an uninterrupted flow of materials and services for Production using MRP, Pull Indicators (e.g. kanban, min/max, manifests, etc.)
- Knowledge of manufacturing processes, inventory management, and supply chain management
- Schedule the delivery of the materials in an optimum manner to support the production schedule
- Analyze and establish reasonable safety stock levels
- Identify current and potential product shortages, develop and execute recovery, advise interested parties of status and recovery plans
- Tracking production volume and monitoring customer demand patterns and purchasing trends
- Prepare and communicate to purchasing the rolling forecast (monthly/quarterly), materials requirements per monthly Sales, Inventory & Operation Plan (SIOP)
- Monitor inventory levels to determine if material on hand inventory satisfies production needs
- Coordinate with internal customer and supplies to ensure timely deliveries of PO to support project deadlines
- Maintain consumable material by monitoring, communicating, adding new part numbers, and adjusting replenishment levels as needed
- Review, monitor, and validate structure of product Bills of Materials (BOM’s) and coordinate with Engineering corrections/ changes as necessary
- Initiate and analyze necessary reports to communicate up-to-date material tracking and availability status to key stakeholders
- Advise management of the status of material availability, and potential problems to ensure that equipment, materials, and services are provided as needed
- All other duties as assigned
JOB SPECIFICATIONS AND REQUIREMENTS
Education and Experience:
- Bachelor’s degree, in a technical discipline or equivalent combination of education, training, and experience acceptable.
- Experience in an OEM environment utilizing, optics, electronics, plastics and metals.
- 3-5 years of experience in material planning, inventory management, purchasing, or a related position preferred.
- APICS, AICP, IASP certification or other recognized and accredited planning society
- Strong understanding of MRP and supply chain software
- Strong analytical skills in production planning and materials a key asset.
- Experience in working with various ERP Systems utilizing procurement and planning modules.