Inventory Planner II

Our Incora Story is really taking off – we’d love you to join us for the journey. 

We are currently seeking an exceptional Inventory Planner II here at Incora. 

As the leading supply chain solutions business in the aerospace industry our people Customers are at the heart of our business. 

The Inventory Planner II is directly responsible to manage chemical inventory to a dollar target. 

The Inventory Planner decisions directly impact purchase quantities and open to buy budgets.  Chemical Inventory is additionally managed in accordance to specified contractual guidelines for a set of designated accounts / customers. 

The Inventory Planner utilizes analytical skills to perform in the inventory management role with the guidance of SIOP Management and Sr Level Inventory Planners.

The Inventory Planner is responsible for attaining all major Key Performance Metrics (KPI’s) related to the management of customer contracts and company financial targets (Min Max (MM) in-stock %, Inventory Turn, Slow Moving Inventory). 

About You: 

• Demonstrated excellence in data and mathematical analysis
• Strong verbal and written communication skills and ability to interact directly with internal customers and external customers
• Strong follow-through and perseverance to handle multiple tasks simultaneously
• Must have the ability to adjust to changing priorities, multiple demands and crises
• Must have strong analytical skills and demonstrate strength in attention to detail
• Ability to be detailed oriented and perform in-depth research
• Expert competency working with integrated data systems, Microsoft Office Suite, including Outlook and intermediate to advanced Word and Excel (i.e., spreadsheets, formulas, importing and exporting of files, as applicable) as required
• Knowledge of Oracle data systems a plus (JDE, SAP, etc)

More About You: 

• 2-5 year’s experience in inventory management including but not limited to: demand planning, MRP, forecasting, and sourcing
• APICS Certification preferred
• Proven experience and working knowledge of Just in Time (JIT) supply process
• Proven ability to successfully engage in process improvement from plan development to implementation

Experience

• The Inventory Planner decisions directly impact chemical inventory purchases.  The Inventory Planner is accountable for achieving Inventory $ targets, supporting organizational financial goals and customer contract Key Performance Metrics (KPI’s) including Min/Max In-stock % (On-time Delivery) Goals, Inventory Turn and Minimizing Slow Moving inventory (SMI). 
• The Inventory Planner is accountable for supporting strong customer relationships through the management of contractual inventory requirements for chemicals. They will be responsible for taking action on Customer Program forecasts/Metrics/Demand Trends autonomously. 
• The Inventory Planner will effectively analyze and manage inventory levels at INCORA’s warehouses and/or Customer Onsite Warehouse locations reviewing stock to make sure it matches customer demand.  They will identify trends and pertinent patterns of usage history and forecast.  Additionally, the Sr Inventory planner will manage stagnant/ Slow moving inventory for accountability and actions needed.
• The Inventory Planner will determine if product is available at different regional locations and create a cost/benefit analysis for stocking vs transferring goods. 
• The Inventory Planner will be held accountable for managing Inventory Shortages/ Exposure, Inventory Dollar Variance to Goals, Cost of Goods Sold to Receipt Variance, Delivery Planning (Purchase Order push in/ out), Excess/ Scrap Exposure.  At times, to maximize the efficiency of planning tools used, they will participate in Lean improvement events in conjunction with CI (Continuous Improvement) department.

Essential Job Duties and Responsibilities:

• With the guidance of SIOP Management and Sr Level Inventory Planners, the Inventory Planner will learn to develop a just in time stocking and replenishment plan for customer contracted requirements to attain service level goals including Min / Max in stock %
• Interact closely with the customer and Program Management Team to understand production changes and forecasts in order to make appropriate adjustments to customer inventory plans
• Management of inventory turns through maintaining appropriate Min/Max inventory levels to optimize inventory carrying costs
• Conduct Economic reorder quantity analysis as part of Min / Max level review process
• Identify materials that are on back order due to inventory shorta