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Analyst, Lifecycle Management

4 months ago

Chicago, United States Ferrara Full time
Job Location: Chicago

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.
Skills that will make you successful
  • 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
Experiences that will support your success
  • 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


#LI-AG1

Ferrara's success in industry-leading innovation has been driven by deep consumer insights, strong retailer co-creation and partnerships, and a dedication to diversity of thought, experience, and people. A privately held company, Ferrara has its global headquarters in Chicago and an operational network of more than 27 locations in North America, Brazil, and China that includes manufacturing, distribution, sales, and R&D facilities. Ferrara is a privately held Ferrero related company. Learn more at www.ferrara.com or www.linkedin.com/company/ferrara- .

EQUAL OPPORTUNITY

We are proud to be an equal opportunity employer. In order to provide equal employment and advancement opportunities to all qualified applicants and employees, employment decisions and opportunities at Ferrara will be based on merit, qualifications, and abilities, without regard to race, color, creed, religion, sex, sexual orientation, gender identity and expression, marital or civil union status, national origin, ancestry, citizenship, age, military or veteran status, disability, handicap, genetic information, pregnancy (childbirth or related medical condition), or on any other basis prohibited by law. This policy governs all aspects of employment, including selection, job assignment, compensation, discipline, termination, and access to benefits and training.