Non-Production Inventory Analyst

Job Description

• Plants to operate with optimal level of Inventory for Machine spares & Consumables (Non Prod)
• Drive for collaborative working between plants on Purchase & reuse of IM Spares
• Predict Demand/consumption trends and ensure right Ordering methodologies
• Work with Plant Operations and Finance teams to Forecast Inventory Trends and support in forecasting & Budgeting process
• Ensure optimal level of Ordering and systemic controls
• Drive Inventory optimization TVM actions
• Drive Digitization and Innovation tools and solutions
  
  
  

Responsibilities

Industrial material Inventory

Industrial material Inventory

Generate Item, open order & transaction reports weekly

Ensure optimal Ordering of spares

Review & Monitor IM Procurement with all plants SPOCs and validate if the procurements are done against right demand

Ensure 100% governance

Challenge any excess procurement with data & ensure orders are cancelled/postponed in line consumption

Perform Material Control Analyst role by approving any new part requests by validating Key input variables

Drive Inventory TVM Actions, avoidance and support in Inventory reduction initiatives

New Programs - IMG Work with Engg & Plant MP&L/Shops in validating all new program purchases for potential excess orders and support in ensuring only the right requirements are placed

Inventory Efficiencies Work with Plants, Engg & Purchasing in identifying Inventory reduction opportunities including Re-sale of unused spares, 3D Printing feasibility, Reuse of spares in alternate plants, etc..

Governance Process Ensure Monthly Governance of all Input variables and report out any variance

Budgeting & Forecasting

Engage all Plant shop Managers & Plant finance teams in developing IM Inventory & Obsolescence Budget / Business plan

Ensure Monthly forecasting is done for all plants and support with necessary variance explanations

Deliver Inventory actuals In line with Budget & support with any efficiencies that may be tasked

Digitization/ Innovation Develop tools that tracks and monitors Industrial Material consumption/ demand trends and suggest procurement strategies that enables plants to operate Just in time

Qualifications

• Job Qualification
  
  
  

Working Experience/

Special Knowledge

List of Competencies

Competency Proficiency Level

MP&L Business process / Plant Operations` Experience in Purchasing, Ordering & procurement of Industrial material spares Knowledgeable

Data Analytical Skills Data crunching, Interpretation & Analysis 100% required

Financial Knowledge Understand Basic Accounting standards Knowledgeable

System Tools Using Datamart, GDIA, Microsoft Office tools, PEGA, Programming tools, etc.. 100% required