The role of the Supply Planner is to develop and execute an inventory plan for a portfolio of items based on demand, actual orders, network lead times and available inventory. Under general supervision, the role will define the appropriate inventory levels and associated required capacity to optimize service, working capital and costs. This position is a key driver in ensuring finished goods availability by assuring adequate finished goods inventory is available to fulfill customer demand while minimizing inventory and supply chain costs.
MAJOR RESPONSIBILITIES
Develop inventory plans by utilizing current demand inputs and collaborating with vendors, product divisions, and other relevant stakeholders to ensure inventory is managed according to vendor constraints and meets internal targets aligned with the business strategy
Ensure appropriate execution of the inventory plan, either though collaboration with satellite buying teams or through direct purchase order placement in ERP systems
Monitor and track inventory levels, service levels, surplus/obsolete inventory, vendor performance, and any other relevant KPIs to identify variance from goals. Use all available resources to analyze root causes and recommend possible actions to improve KPI results
Provide input on supply chain master data elements impacting the supply plan, such as safety stock settings, lead times, network sourcing, etc
Collaborate with product divisions to provide regular updates on inventory projections. Lead weekly supply review meetings to discuss supply shortages and recommend mitigation strategies. Escalate to leadership any issues that arise
Coordinate with demand planning, deployment, transportation, warehousing, and customer service teams to address any changes to supply plan and solve any shortage scenarios that occur
Participate in process improvement projects to drive better efficiencies and yield improvement in KPIs
MINIMUM JOB REQUIREMENTS
Education
Bachelor's degree in Business, Supply Chain, Operations, Finance, Accounting, Information Systems, Mathematics, Applied Statistics, or related field
Work Experience
At least 2 years related experience with Supply Planning, Materials Requirements Planning or related field.
Experience using inventory or supply planning systems
Intermediate level skill in Microsoft business products (Excel, Word, PowerPoint, others).
Experience applying mathematical concepts such as algebra and probability and statistical inference to practical situations.
Ability to analyze data and clearly communicate results and recommended actions to various different levels of the organization.
Ability to work effectively with various stakeholders with differing opinions, and balance trade-offs while focusing on results
PREFERRED JOB REQUIREMENTS
Certification / Licensure
APICS CPIM or CSCP certification
Work Experience
Previous experience using SAP and/or APO.
Knowledge of database application(s) such as Access or SQL.
Experience with BI or data visualization applications such as Tableau or Power BI.
Experience in healthcare or medical supplies manufacturing or distribution
