Inventory Planner
3 weeks ago
Job Description
- Liaise with Sales & Marketing to understand the rolling forecast and plan materials to provide assurance of supply.
- Work closely with production sites to review the Rough-Cut Capacity Plan (RCCP) in the supply planning system.
- Understand capacity constraints and proactively highlight potential risks to customer supply.
- Optimise Finished Good Inventory (FGI) levels in line with forecast demand and safety stock levels, ensuring customer supply is maintained whilst managing business cost.
- Analyse and develop options for the inventory position / projections for finished goods/components and ensure inventory balance across supply chain.
- Based in rolling forecast, inventory position and aged inventory level; make recommendations for weekly supply plan from the Ceramic Injection Molding (CIM) sites.
- Prepare and facilitate monthly supply planning meetings (S&OP).
- Develop short term and long-term supply scenarios that project the direction of inventory growth/decline.
- Update Inventory Data and Safety stock levels for FGI & SKU (Stock Keeping Unit).
- Build strong working relationship with various cross-functional business stakeholders and being the point of contact for all supply planning matters.
- Work closely with production sites to provide delivery schedule / commitment timely on daily basis based on material availability & production capacity.
- Drive improvement on other KPIs (key performance indicators) – Past dues, OTIF (on time delivery in full), etc.
Qualifications
- Bachelor's Degree in a relevant technical or business discipline (e.g., Engineering, Business Administration, Supply Chain Management).
- Post-graduate or professional qualifications in Supply Chain Management (e.g., CIPS, CPIM, APICS) are an advantage.
Experience
- Minimum 3 years' experience in a supply chain planning function.
- At least 2 years' experience working within an ERP environment.
- Experience with supply planning tools/software in fast-paced, volatile markets (e.g., Consumer Electronics, FMCG).
- Strong understanding of MRP and replenishment processes.
- Knowledge of best-practice inventory management and safety stock policies.
- Proven analytical and problem-solving skills, with a focus on continuous improvement.
- Strong interpersonal skills with the ability to work independently as well as in a team.
Excellent Communication Skills
Microsoft Office
Microsoft Excel
Analytical Skills
Responsiveness
Ability To Work Independently
Interpersonal Skills
Inventory
proactive
Material requirements planning (MRP)
Planner
Procurement
Analytical Problem Solving
Team Player
Scheduling
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