Inventory Specialist

What you’ll do:

Inventory Management Roles & Responsibility
Should be able to work independetly to drive Inventory reduction projects by working closely with buyers / Planners in GSC COE & business by effectively utilising Inventory profile, Water tank, Swapping tool & other advanced Inventory modelling & Analytics tools
 Should be able to contribute to the Solid gold initiatives & proactviely drive it's deployment within the allocated business / division
 Should be able to set up process & define criterias around modelling Inventory with Entitlement , Segmentation, Assortment & Calssification (ABC/XYZ) approaches
 Solid understanding of Supply Chain Analytics & Advanced Inventory Management & optimisation models/ techniques like Segmentation, Entitlement & Assortment
 Should be able to lead & Independently work on global projects across various supply chain areas & is able to forge relationship with stakeholders across cross functional hierarchies
 Hands on experience in Power BI with DAX modelling, SQL & Excel with VBA (Having understanding of cloud system like Microsoft Azure will be an added advantage)
 Work in collaboration with digital team to rationalize Supply Chain & Inventory reporting & drive productivity improvement initiatives via digitalization of SC processes
 Demonstrate strong functional knowledge & working experience related to materials management & detailed understanding of concepts related to supply planning, replenishment planning, MRP/ material planning & inventory performance measures like ITR & DOH
Enhance & support the materials management initiatives and possess a good understanding of P2P cycle,. supply planning concepts, inventory management concepts and ERP system lanscape.
Work on on materials management processes and drive improvement projects with a consultative approach

 Prepared inventory projection and strategy with sites to achieve inventory turns target.
 Proposed mitigation plans in terms of parts that need to be in MRP, Kanban & VMI to meet inventory turns targets.
  Preparation of Annual Inventory assortments using decision Tree Model.
 Calculation of Order line coverage,Safety Stock/ROP, DOH & has solid knowledge around KPI's related to inventory
 Daily monitoring of global inventory reports and circulating to the concerned team.
 Provide data analysis to set-up stock parameters and update in case of new forecasted demand
 Prepare data analysis of inventory aging and type (high runner/slow movers) to assist decisions on excess and obsolete items for sell-off activities.
 Responsible for inventory reporting for Raw, WIP & GIT at global / division level.
 Understand customer requirement and quick turnaround time on adhoc requests.
 Provide data analyses that minimize/avoid scrapping risk across all Business Units.
 Work in close cooperation with the Materials Planning and Supply Chain Coordinators from SC/Inventory team on recommendations and decisions by product line and by warehouse location.
 In Depth Knowledge of SAP, P2P Transactions, Business Intelligence tools (OBIEE) or any other standard ERP systems / tools
 All other required Material, Logistic & Inventory responsibilities.
 Project management expertise with experience of driving improvement project in area of materials management in a cross functional, global environment.

Qualifications:

Graduate /Post Graduate especially MBA (Operations) with 6 to 10 years of relevant experience related to Inventory Management, Material Planning & supply chain management in global environments
CPIM certification will be an added advantage.

Skills: