Specialist - Inventory Management

What You'll Do

Roles & Responsibilities : -

• Monitor current and projected inventory levels across the network vs financial targets and inventory entitlement, identifying reasons for deviation and driving corrective actions.
• Participate in S&OE meetings and report out inventory progression for ME and MPS visibility.
• Prepare and align inventory expectations and FC as report out for the monthly FC process.
• Run inventory scenarios in Kinaxis based on S&OE / RCCP inputs and align with network planners
• Accountability for product segmentation / assortment update for inventory planning purposes in consultation with Network planner ( raw ) and SIOP (FG).
• Responsible for calculation, analysis and recommendations but decision making lying with SIOP & Network Planner
• Responsible for setting inventory parameters for finished goods in DC (Distribution Centers) / plants and raw materials / sub assemblies in plants as per expected service levels in our core systems including SAP, Kinaxis etc. (ROP, SS, MOQ, Min / Max , Replenishment Policy
• Monitors DC and plant service levels and the impact of adjusting safety stock and other parameters
• Lead and cooperate with cross functional teams to drive inventory reduction projects and report out monthly status
• Run scenarios in Kinaxis and simulates the impacts of inventory policy changes on total inventory levels across network Monitors and drives improvement in inventory performance metrics
• Coordinates approval of inventory policy changes
• Provides planning decision making support to Network Planners and Network Schedulers
• Conducts root causes analysis on pain points and recommend improvements / corrective action plans
• Prepares data-driven inventory target levels( water tank execution)
• Evaluates exceptions / scenarios in inventory based on inventory health
• Drives execution of MRP Priorized action messages (push out / cancel) with all network nodes
• Monitors and maintains inventory related master data parameters
• E&O / Slow moving inventory tracking and actions for improvement
• MIS reporting – Daily Inventory & receipts, Tier 4 metrics (Leading indicators), >

8 weeks inventory analysis, Non nettable inventory, E&O, ageing, DOH, water tank etc

Qualifications

Engineering Graduate / Preferably Post Graduate especially MBA (Operations / Supply Chain / Materials / Production) with 7 to 12 years of relevant experience related to Inventory Management, Material Planning & supply chain management in global environments

CPIM, CSCP or PMP certification will be an added advantage

Skills

Excellent communication,Collaboration, Networking & presentation skills.

Strong in Problem solving, Strategic thinking , Drive for results & Influencing Skills

Passionate & Attention to detail

Skills Required

Material Planning, Sap, Power Bi, Advanced Excel, Inventory Management, MRP, Ms Office, Kinaxis, Sql