.Be part of our journey to transform our End-to-End Supply Chain Operations for the Application Tooling Business Unit.
It's an unmatched opportunity to support us in building a competitive advantage through world class operations while supporting our profitable growth journey.This is a new role to support a global network of contract manufacturing sites, internal 'configure to order' operation and warehouses across all time zones.
You will work closely with the business stakeholders to help ascertain the most impactful ways to improve customer experience through operational performance while focusing on efficiency.
**Key Responsibilities**:**1.
Inventory Planning and Management**:- Develop and implement inventory plans to ensure optimal stock levels and minimize excess or obsolete inventory.- Monitor inventory levels and adjust purchasing strategies based on demand forecasts, sales trends, and historical data.- Perform regular inventory audits and reconcile discrepancies between physical and system stock levels.**2.
Procurement and Supplier Management**:- Manage the procurement process, including issuing purchase orders, negotiating with suppliers, and ensuring timely delivery of materials.- Evaluate supplier performance and establish strong relationships to secure favorable terms and conditions.- Resolve any issues related to product quality, delivery delays, or order discrepancies.**3.
SAP Utilization**:- Utilize SAP to track inventory, manage purchase orders, and generate reports on stock levels and procurement activities.- Ensure accurate data entry and maintenance within the SAP system to support inventory management and reporting functions.**4.
Demand Forecasting**:- Collaborate with sales and production teams to develop accurate demand forecasts and adjust inventory levels accordingly.- Analyze sales data and market trends to predict future inventory needs and adjust procurement plans.**5.
Reporting and Analysis**:- Prepare and present reports on inventory levels, procurement activities, and supplier performance to management.- Analyze key performance indicators (KPIs) related to inventory turnover, order fulfillment, and procurement efficiency.**6.
Continuous Improvement**:- Identify opportunities for process improvements in inventory management and procurement practices.- Implement best practices and contribute to the development of new strategies to enhance operational efficiency.
**What your background should look like**:- Education: Bachelor's degree in Supply Chain Management, Business Administration, Logistics, or a related field.- Experience: 3-5 years of experience in a planner buyer or inventory management role, with a strong understanding of procurement and supply chain processes.- Technical Skills: Proficiency in SAP and experience with other inventory management software or systems.- Analytical Skills: Strong analytical and problem-solving abilities, with the capacity to interpret data and make informed decisions