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Supply Chain Optimization Specialist
2 months ago
LHH is seeking a highly skilled Supply Chain Analyst to join our team. As a key member of our operations team, you will be responsible for overseeing the Sales, Inventory, and Operations Planning (SIOP) processes within our aerospace organization.
Responsibilities:- Develop and implement the SIOP process & strategy, including sales forecasting, inventory management, and production planning.
- Lead the SIOP planning cycle, including monthly/weekly meetings, to review forecasts, inventory levels, and production schedules.
- Collaborate with sales, marketing, production, and supply chain teams to align supply and demand.
- Analyze historical sales data and market trends to generate accurate forecasts and identify potential issues.
- Monitor forecast accuracy and adjust strategies as necessary.
- Monitor inventory levels and ensure optimal stock levels to meet customer demands while minimizing excess inventory.
- Develop and implement inventory strategies to improve turnover and reduce carrying costs.
- Optimize inventory levels to balance supply and demand, minimizing excess inventory and stockouts.
- Develop and manage inventory policies and procedures to ensure effective inventory control.
- Implement strategies to manage inventory obsolescence and excess stock.
- Work with production and procurement teams to develop and maintain production schedules that meet forecasted demand.
- Track key performance indicators (KPIs) related to sales, inventory, and operations.
- Prepare and present SIOP reports on KPI performance, including analysis of deviations from the plan and recommendations for improvement to senior management.
- Utilize advanced data analysis techniques to identify trends, opportunities, and areas for improvement.
- Track and report on project progress, risks, and issues.
- Identify and implement process improvements to enhance the efficiency and effectiveness of the SIOP process.
- Develop and maintain SIOP documentation and standard operating procedures.
- Stay current with industry best practices and trends in sales, inventory, and operations planning.
- Implement continuous improvement initiatives based on performance data and feedback.
- Assist in project planning, implementation, and monitoring.
- Bachelor's degree in Supply Chain Management, Business Administration, or a related field.
- Proven experience in SIOP, supply chain management, or a related role.
- Proven experience as a Business Analyst or in a similar role.
- Strong analytical skills and problem-solving skills with the ability to interpret complex data.
- Proficiency in ERP systems, SIOP software, and business analysis tools and software (e.g., Microsoft Excel, Power BI, SQL).
- Excellent communication and teamwork skills with the ability to interact with stakeholders at all levels.
- Ability to work under pressure and manage multiple priorities.
- Professional certification (e.g., APICS CPIM, CSCP).
- Experience with advanced planning and scheduling tools.
- Certification such as CBAP (Certified Business Analysis Professional) or PMI-PBA (PMI Professional in Business Analysis).