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Material Planner Intermediate
4 months ago
Reports to: Director Inventory Planning and Warehouse Last Update: May 13, 2018
Overview:
Performs inventory demand analysis and Min Max inventory planning for assigned business units and inventory locations. Ensures an adequate supply of product to meet customer service needs while minimizing working inventory investment. Maintains the settings in the inventory planning systems to ensure accurate inventory forecasts and planning. Coordinates with Buyers to ensure accurate, timely, and efficient replenishment of planned inventory. Material Planner may also function in the Buyer role.
Essential Duties: (Approximate % of Time Spent)
Implements and maintains Min-Max Inventory Planning using inventory optimization tools and Oracle Inventory Management System. (~70%)
- Processes and performs monthly inventory planning for assigned business units.
- Conducts supplier part supersessions to insure all “Use Up” material is consumed.
- Maintains unit and preventive maintenance mapping to ensure usage information is correct.
- Executes/maintains automated internal replenishment for assigned business units.
- Coordinates inventory planning modifications related to organizational changes.
- Coordinates inventory planning cross-functionally to support business objectives and metrics including part sales, customer service, inventory turns, cost savings, inventory obsolescence.
- Coordinates cross-functional activities to redistribute, return, or dispose of slow-moving or obsolete material.
- Works with Corporate Supply Chain to implement sourcing and improvement initiatives related to inventory and GAINS (Inventory Optimization Tool) documentation.
Meets and works with business units to maintain and improve planning parameters, service levels, and inventory planning. (~20%)
- Serves as point of contact for assigned business units for all inventory/planning and buying issues.
- Participates in monthly Business Unit Reviews.
- Travels as needed to inventory locations for support and training related to inventory planning.
Maintains an awareness of current company and market conditions in order to plan as necessary. Analyzes data and creates reports related to key planning and supply chain activities. (10%)
Non-Essential Duties: Performs other duties as assigned.
All employees shall be in compliance with the Archrock Health Safety and Environmental Policy and local, statutory and/or regulatory requirements at all times.
Skills and Abilities:
Ability to:
- Perform all essential duties.
- Work with mathematical concepts such as probability and statistical information.
- Impact and influence others without direct authority.
- Demonstrate leadership skills to facilitate and drive cross-functional activities, motivation and ability to work with minimal direction.
- Write reports, business correspondence, and procedure documents.
- Effectively present information and respond to questions from managers and internal customers.
- Work with the team in developing improved work processes for the department.
- Multi-task and prioritize in a demanding environment.
Proficiency with:
- Microsoft Suite (Word, Excel, Outlook etc.)
- Excel’s VLOOKUP function and Pivot Tables.
Knowledge:
- Working knowledge of min-max planning, inventory management, forecasting, and warehouse management concepts.
- Thorough knowledge of supply chain integrated business system (Oracle preferred).
- Knowledge of Inventory Optimization Tools is preferred.
Minimum Education and Certification:
- Bachelor's degree in Business/Supply Chain or equivalent experience.
- CPM (Certified Purchasing Manager), CPSM (Certified Professional in Supply Management) certification through ISM (Institute for Supply Management) or APICS CSCP (Certified Supply Chain Professional) preferred.
Minimum Experience:
- Typically at least four years of relevant experience in Supply Chain.
- Minimum two years’ experience in an inventory planning role.
- Minimum two years’ experience with inventory optimization tool.
Leadership:
- May serve as a resource to others with less experience in inventory planning or buying role.
Physical Demands: (Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions)
- Regularly required to stand, walk, and bend with good balance, use hands to finger, handle or feel and reach with hands and arms.
- Regularly required to sit, perform repetitive duties, and use a PC and to talk and hear.
- Vision abilities include close vision, distance vision, color vision, and the ability to adjust focus.
- Regularly required to lift, move and carry up to 10 pounds.
Problem Solving and Innovation:
- Analyzes planning data and metrics on an on-going basis and develops recovery plans as needed.
- Finds solutions to resolve inventory planning conflicts between business units, local supply chain and planning requirements.
- Implements preventative and corrective actions in a timely manner.
- Expected to drive process improvements and to communicate with field locations to identify opportunities, methods, and to implement improvements to teamwork, efficiency and quality.
Impact:
- Actions and decisions related to Inventory planning impacts cost and service levels at assigned locations.
This job description is a summary of essential job functions. It is not intended as an employment contract, nor is it intended to describe all duties someone in this position may perform. All employees are expected to perform tasks, as assigned by supervisor, regardless of job title or routine job duties.
