Inventory Management Specialist

1 week ago

Dallas, Texas, United States StandardAero Full time

StandardAero Provides:

  • Competitive compensation
  • Generous leave policies
  • Comprehensive health coverage including medical, dental, and vision plans.
  • Retirement benefits
  • Modern, climate-controlled workplace
  • Culture prioritizing safety
  • Opportunities for career advancement
SUPPLY CHAIN PLANNER

Craft a Rewarding Career in Aviation

Enhance your professional journey by joining a company that values you as an individual. At StandardAero, you will receive the necessary tools to perform your role effectively in a safe and organized environment, with the autonomy to address challenges as they arise. Our comprehensive training and expert support will ensure your success.

As a Supply Chain Planner, you will oversee the management of inventory and the routing of customer materials at a unit level, including exchange pools and inventory at service centers. You will procure materials, equipment, and services within set parameters for quality, quantity, and pricing from various suppliers. Your responsibilities will include obtaining quotes and negotiating delivery terms, as well as maintaining the accuracy of related data and systems.

Key Responsibilities:
  • Conduct inventory control activities by aligning company objectives (cost, quality, delivery), establishing and maintaining inventory analysis, monitoring customer consignment parts, disposing of surplus inventory, rescheduling orders when necessary, and transferring inventory between locations as required.
  • This position emphasizes subcontract routing for repairs, obtaining quotes, and expediting customer parts to different vendors.
  • Additional duties will involve processing stock credits and transferring materials to other units through the Over The Counter (OTC) sales process.
  • Manage internal rework orders by initiating, tracking, posting, and crediting internal parts to support our used serviceable material initiatives.
  • Collaborate with service centers to set targets and plan purchases based on forecasts and replacement factors to support specific job functions.
  • Request quotes from vendors to ensure optimal quality, pricing, and delivery terms; research new products and suppliers; provide data to technical teams to assist in purchasing decisions; and expedite orders for timely delivery.
  • Ensure data integrity within inventory systems by creating and updating item master files, analyzing engineering changes, monitoring overdue purchase orders, investigating inventory discrepancies, and updating cost data.
  • Coordinate the return of damaged goods, arranging replacements or credits, and documenting all transactions.
  • Develop new, used, and subcontract supplier/vendor relationships by sourcing vendors, negotiating terms, administering qualification surveys, and educating suppliers on company policies.
  • Review and suggest updates to company policies and procedures related to materials.
  • Train and supervise other Planners/Buyers.
  • Monitor and report on performance metrics including inventory levels, shortages, opportunity costs, inventory turnover, supplier performance, and compliance.
  • Work with Logistics to maximize freight savings and communicate priority shipments.
  • Adhere to all safety regulations and report any unsafe conditions immediately.
  • Undertake additional projects as assigned.
Qualifications:
  • Strong skills in planning, organization, analysis, negotiation, communication, and decision-making.
  • Understanding of repair management processes and inventory control systems is advantageous.
  • Proficient in Microsoft Office (Word, Excel, Outlook); experience with Oracle is a plus.
  • Familiarity with inventory control, purchasing, and production management systems is beneficial.
  • Bachelor's degree in business administration or equivalent experience in Supply Chain roles is preferred.
  • Experience in inventory management or FAA Repair Station environments is a plus.
  • Must be authorized to work in the United States.
Benefits to Enhance Your Life:
  • Comprehensive healthcare options
  • 401(k) plan with full company match up to 5%
  • Paid time off from day one
  • Bonus potential
  • Flexible spending accounts for health and dependent care
  • Short- and long-term disability coverage
  • Life and AD&D insurance
  • Opportunities for learning and development
Setting the Standard for Excellence Since 1911

With over a century of excellence, StandardAero has established itself as a leader in MRO services and tailored solutions in the aerospace sector. Our shared values and culture of continuous learning empower our team to reach their full potential and support our customers' missions globally. With robust training, growth opportunities, and outstanding benefits, StandardAero invites you to explore a fulfilling career with us.

Commitment to Inclusivity

StandardAero is an equal opportunity employer. We celebrate diversity and maintain a supportive environment free from harassment or discrimination. We encourage you to bring your authentic self to our organization and experience our inclusive culture.

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