This position manages the demand and requirements planning processes, monitors the buy report, and maintains acceptable inventory performance for assigned categories. Ensures that the buy plan is reasonable and reflects current business conditions. Primary metrics for assigned categories are inventory turn performance and product availability. Secondary metrics include gross revenue & product margin. Works in partnership with Product Manager to ensure effective life cycle management of assigned product groups.
What You Will Do
Main Duties & Responsibilities:
- Responsible for efficient purchase of inventory items, supplies, raw materials and components
- Communicates with Suppliers, and various departments regarding product issues: quantity, quality, pricing, availability, delivery time, and invoicing
- Responsible for demand Planning, Inventory Performance, and Material Purchases of assigned skus
- Works closely with and is mentored by Planning Manager(s) in setting up ranges and running forecasts for assigned skus
- Reviews and manages assigned EOZ items
- Review, set up, and run forecasts and order plans to assist buying, and adjust significant forecast history variations as needed
- Makes sure that the order plan and system messages are correct to the extent that they are actionable
- Works with and mentored by senior peers in Brand Planning to review various forecast models and advise of any needed forecast modifiers.
- Works in compliance with environmental and safety regulatory agencies
- Monitor open purchase order commitments and adjust as necessary.
- Manage inventory turns & availability performance while maintaining appropriate levels of customer service
- Manage the daily tactical purchasing activity and supplier relationships.
- Participate in New Products Meetings and Category Scorecard Reviews.
- Review Kit Build reports and work with warehouse to prioritize issues.
- Review monthly/yearly supplier stats for lead time, PO data, returns, etc.
- Set up and maintain item master data, including new skus and changes.
- Update item Product Structure (BOM) as needed/requested
- May attend industry events such as Trade Shows, SHOT, etc.
- Minimal travel may be required (<5%) Offsite warehousing and inventory management
Education and Experience
- Associates degree in Business Administration, Accounting, Economics, Finance, Supply Chain Management Required
- 2+ years of relevant experience
- Purchasing Experience preferred but not required
Knowledge & Skills
- Excellent written and verbal communications
- Computer skills, data entry, Excel, Word, Outlook.
- Must have or be willing to acquire knowledge of industry and product
- Capable of understanding complex data relationships and higher level Excel functions to merge and filter data into usable report formats
- Familiarity with blue prints, Six Sigma, and lean concepts a plus
- Strong data analysis and interpretation skills
- Team Player
- Learning agility
- Performance management /accountability
- Customer Focus (L1)
- Creativity and Innovation (L1)
- Teamwork and Collaboration (L1)
- Communication and Interpersonal Effectiveness (L1)
- Drive for Results (L1)
Sedentary work. Sedentary work involves lifting no more than 10 pounds at a time and occasionally lifting or carrying articles like docket files, ledgers, and small tools. Although a sedentary job is defined as one which involves sitting, a certain amount of walking and standing is often necessary in carrying out job duties. Jobs are sedentary if walking and standing are required occasionally and other sedentary criteria are met.
Light work. Light work involves lifting no more than 20 pounds at a time with frequent lifting or carrying of objects weighing up to 10 pounds. Even though the weight lifted may be very little, a job is in this category when it requires a good deal of walking or standing, or when it involves sitting most of the time with some pushing and pulling of arm or leg controls. To be considered capable of performing a full or wide range of light work, you must have the ability to do substantially all of these activities.
Medium work. Medium work involves lifting no more than 50 pounds at a time with frequent lifting or carrying of objects weighing up to 25 pounds.
Heavy work. Heavy work involves lifting no more than 100 pounds at a time with frequent lifting or carrying of objects weighing up to 50 pounds.
Physical Hazards – Health and Safety Concerns
- General office environments