Senior Analyst - Inventory Planning
Role Overview
Oversees the inventory planning activities for the Sales Inventory and Operations Planning (SIOP) process. Responsible for managing, developing and maintaining the inventory plan, as well as the storage capacity requirements plan to meet strategic objectives of the organization. Reports to the SIOP Manager and works cross-functionally to support the overall operations planning and control process.
Key Skills for This Role
Full Job Posting
SUMMARY
Oversees the inventory planning activities for the Sales Inventory and Operations Planning (SIOP) process. Responsible for managing, developing and maintaining the inventory plan, as well as the storage capacity requirements plan to meet strategic objectives of the organization. Reports to the SIOP Manager and works cross-functionally to support the overall operations planning and control process.
DUTIES AND RESPONSIBILITIES
- May include, but are not limited to, the following:
- Responsible for the development and communication of the inventory plan through the monthly SIOP process
- Oversees inventory management and replenishment process of a multi-echelon distribution network across North America
- Standardizes Distribution Requirements Planning (DRP) parameters and process
- Ensures the ERP data is set up and maintained properly for inventory management and DRP execution
- Executes the replenishment strategy through DRP planners to support the demand plan while achieving the customer service levels required
- Train the team of replenishment analysts responsible for executing daily DRP tasks
- Ensure inventory management processes are in place for DRP planners to execute
- Develops storage capacity tools and process as part of the Resource Requirements Planning (RRP) process
- Forecasts storage capacity requirements, identifies constraints based on the supply and demand plans, and provides recommendations to improve network design
- Defines inventory planning parameters, such as, but not limited to, ABCXYZ classification, Safety Stock, and reorder points
- Enhances, develops and report on KPIs such as Fill Rate, OTIF, Slow Move, Aging, Inventory Turns, IQR, In-line Fill Rate, OSL
- Designs the optimal inventory mix by site to support the demand plan, while achieving the desired customer service levels
- Support the design, implementation and enhancement of the Company’s planning system solution as part of the supply chain digital strategy
- Utilizes change management methodologies to drive organizational change
EDUCATION, EXPERIENCE AND QUALIFICATIONS
- Bachelor’s degree in Supply Chain or related field
- 5+ years of supply chain and inventory management experience
- Demonstrated analytical skills with ability to develop concepts with actionable plan
- Proficient computer skills in MS Excel, Word, Outlook, Power BI
- Proficient with MRP experience required
- ASCM/APICS certification is preferred
- Experience with ERP Systems, with SAP S/4HANA preferred
- Experience with supply chain planning systems such as Kinaxis, Arkieva, is preferred
- Able to multi-task and display a high level of company/team spirit in a fast-paced environment
- Demonstrated excellent interpersonal and communication skills, both written and verbal
- Be able to travel to sites as needed (up to 25% travel)
- Westlake is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to any characteristics protected by applicable legislation.
- If you are an active Westlake employee (or an employee of any Westlake affiliates), please do not apply here. You will apply via the Jobs Hub application in Workday.
Preferred Qualifications
- ASCM/APICS certification is preferred
- Experience with ERP Systems, with SAP S/4HANA preferred
- Experience with supply chain planning systems such as Kinaxis, Arkieva, is preferred
About Westlake Corporation
Global manufacturer of materials and essential products.
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