Inventory Specialist

What you'll do:

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

Responsible for sharing with the team, best materials management practices, continuous improvement of process, development of process standards, compliance with materials planning processes, and reporting in alignment with the network and global supply chain organization (Identify , Own & lead L2/ L3 level CI's)

Demonstrate strong functional knowledge & working experience related to materials management & detailed understanding of concepts related to supply planning, replenishment planning, PFEP,material planning & inventory performance measures like ITR & DOH

Work on materials management processes and drive improvement projects with a consultative approach

Willingness to learn Kinaxis from super user perspective & train the materials management users as per need

Excellent communication, presentation skills & demonstrated experience of working on projects with stakeholders from different geographies

Qualifications:

Engineering Graduate / Preferably Post Graduate especially MBA (Operations/Supply Chain/Materials/ Production) with 10 to 14 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

10 to 14 (Min 3 years as SME in global environment)

Solid understanding of SIOP, Material planning,Inventory Mgt, MRP & demand / supply challenges

Proficie skills level in MS Office: Advanced Excel and Power Point presentations.

Proficient and good hands on exposure on ERP (Preferred SAP)

Preferred exposure into Power BI, SQL and PowerBI query building.

Technology Savyness (Knowledge of Kinaxis RR will be an added advantage)

Excellent communication,Collaboration, Networking & presentation skills.
Strong in Problem solving, Strategic thinking , Drive for results & Influncing Skills
Passionate & Attention to details

Skills: