inventory planner

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 to join us. As the leading supply chain solutions business in the aerospace industry Customers are at the heart of our business. About Role: 1. The Inventory Planner 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. 2. The Inventory Planner utilizes analytical skills to perform in the inventory management role with the guidance of SIOP Management and Sr Level Inventory Planners. 3. 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). Accountability and Scope: 1. 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). 2. 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. 3. 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. 4. The Inventory Planner will determine if product is available at different regional locations and create a cost/benefit analysis for stocking vs transferring goods. 5. 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. Most importantly you will be passionate about our Incora Values and exceeding customer expectations. Courage Take ownership for issues and problems. Collaboration Share knowledge and experience with others Commitment - Focus on ensuring internal and external customer expectations is met in a timely way. Community - We value our world and everyone who shares it. What Incora can offer you: An exciting package that includes great salary and benefits you would expect from a growing ambitious company, a chance to work in a first-class brand-new environment but most importantly we will offer you the chance to become part of our Incora story. 1. We want you to share in the success of Incora, so every employee is eligible for one of our incentive's programs. 2. Incora offers 8 Paid Holidays with 2 additional Floating Holidays for all Full-Time employees.. 3. Full-Time non-exempt employees receive up to 80 hours of Vacation per year, increasing with length of service. In addition, they will receive a separate amount of Sick Time. 4. Family friendly policies such as 2 weeks paid parental leave. 5. We believe every little help by offering a generous discount portal only available to Incora employees vis Perkspot. 6. Employer paid Group Life Insurance at 1x salary, STD, and LTD. 7. Incora offers a 401K plan with company match. Duties and Resonsibilty: 1. 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 % 2. 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 3. Management of inventory turns through maintaining appropriate Min/Max inventory levels to optimize inventory carrying costs 4. Conduct Economic reorder quantity analysis as part of Min / Max level review process 5. Identify materials that are on back order due to inventory shortages (Supply chain Exposure) that impact the customer production schedule and develop mitigation solutions 6. Identify Sites that are in variance to Inventory $ Goal and develop recovery plans. 7. Effectively manage and reduce levels of surplus and stagnant inventory through review of Slow Moving & Expiring materials reports. 8. Interact with Supply Chain, including but not limited to the Purchasing, Procurement, and Material Support Teams, to streamline supply chain, reduce cycle time, and develop a shared understanding for supply chain opportunities and constraints 9. With the guidance of SIOP Management and Sr Level Inventory Planners, will learn to develop and manage ad-hoc inventory management related projects 10. Attend customer or company-sponsored meetings and/or training, as required 11. Develop and maintain strong knowledge of Incora products, services, quality requirements, customer plans and specifications 12. Represent Incora's vision, values (Courage, Collaboration, Commitment and Community) and objectives in all job-related activities, while building and maintaining excellent customer relationships. About You: Bachelor's degree in business administration, Economics, Supply Chain, Inventory Management and/or equivalent experience preferred 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