Analyst-Materials (Inventory Management)

What you'll do:

"The principle role of Analyst - Materials (Inventory Management) is to work independently with specified networks to optimise inventory, reduce slow moving ( E&O) & improve DOH & cutomer service by,
- Ensuring that planning data (policies and parameters) on the ERP system are accurate and continuously adapted to current scenarios - define monthly KPIs for tracking the progress
- Provide analytical and decision-making support to optimize inventory across networks
- Monitor Kinaxis inventory projections & targets to identify areas where we may be overbuilding
- Maintain supplier and inventory planning master data
- Work with demand / forecast to look for seasonality of products to ensure the right planning parameters
"Roles & Responsibilities:-
• Responsible for setting inventory parameters for finished goods in DC's (Distribution Centers) and raw materials/sub assemblies in plants in our core systems including SAP,MFG pro, Oracle, Kinaxis etc. (ROP, SS, Min/Max etc.)
• Maintains product segmentation / assortment for inventory planning purposes
• Monitors DC and plant service levels and the impact of adjusting safety stock and other parameters
• Monitor current and projected inventory levels across the network vs financial targets and inventory entitlement, identifying reasons for deviation and suggesting corrective actions
• Simulates the impacts of inventory policy changes on total inventory levels across networks
• 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
• Prepares data-driven inventory target levels( water tank execution)
• Evaluates exceptions/scenarios in inventory based on inventory health & take actions to improve inventory health
• 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.
• 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
• Excellent communication, presentation skills &demonstrated experience of working on projects with stakeholders from different geographies"