Sr. Planner
IDEX CorporationAbout the role
If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact.
With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses around the globe, chances are, we have something special for you.
POSITION SUMMARY
The Senior Planner is an advanced role in the supply chain team. With limited supervision, this role will manage the planning and sourcing of materials supporting strategic accounts - optimizing stock levels to meet stated inventory targets while supporting the plant’s production schedule. The senior material planner will be responsible for partnering with vendors and managing internal inventory levels to support 100% on-time delivery to key customers and meet cost goals. This individual will also support strategic sourcing decision making and collaborate with engineering & production leaders across the organization.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Owns the end-to-end MRP process for assigned portfolio – maintaining material levels to support 100% on-time delivery while also meeting cost goals for assigned portfolio. This includes inventory management accounting for changes to demand, obsolescence, and prevention of excess inventory.
- Issues/monitors open purchase orders, and takes action to expedite/de-expedite parts as needed to support customer demand and maintain appropriate inventory levels.
- Maintains relationships with suppliers; leads recurring connects with critical vendors to review upcoming orders, communicate projected future demand and address any anticipated risks to supply.
- Monitors supplier performance – including on-time, in full delivery rates and quality adherence. Escalates performance issues to sourcing team as needed for support.
- Reviews freight reports, identifies root cause for expedited costs and charges back suppliers when appropriate.
- Utilizes the 80/20 concept of Plan For Every Part (PFEP) to determine appropriate safety stock levels through detailed analytics and executes plans to achieve set targets accordingly. Liaisons with operations and commercial leaders to understand future sales forecast and ensure inventory stock levels support future business needs.
- Manages the implementation of prototype, new listing, and modified components as driven by ECOs and Engineering orders.
- Monitors material consumption vs. forecast. Identifies misalignments in demand vs. supply and potential opportunities for MOQ changes, SKU rationalization, etc. to address such gaps.
- Supports the Commodity Management team in strategic sourcing decisions including pricing, T&C negotiations, cost management and supplier development.
- Understands the import, customs and broker process; supports any import compliance audits.
QUALIFICATIONS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills and or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Excellent reasoning and analytical skills. Ability to anticipate and define problems, collect data, establish facts, distinguish trends and draw valid conclusions.
- Excellent communication skills. Ability to write report, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from diverse group of audiences.
- Proactive attitude, taking initiative to prevent issues.
- Ability to work well in a team environment and yet think independently.
- Proficiency in Microsoft Excel and a working knowledge of MS Word and Outlook.
- Advanced understanding of data/root cause analytics
- Advanced knowledge of ERP Systems (J.D. Edwards preferred)
EDUCATION and/or EXPERIENCE
+5 years of relevant experience in purchasing, sourcing, or finance required Bachelor’s degree or equivalent from four-year university (preferably with a focus in Supply Chain Management, finance or engineering) or equivalent experience Demonstrate knowledge of MRP and Bill of Material maintenance. APICS (American Production & Inventory Control Society) certification is preferred
PHYSICAL DEMANDS: The physical demands described here are represented of those that must be met
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