drjobs Inventory Analyst

Inventory Analyst

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1 Vacancy
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Job Location drjobs

Chennai - India

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Description
  • Plants to maintain optimal level of float/Transit Time/ for all production parts
  • The VSM between Supplier through TC into Plant should operate Lean
  • Engage Regional/ Global cross functional teams in identifying Inv reduction opportunities & support specific agreed CoE actions Waste elimination actions
  • Work with Plant Operations and Finance teams to Forecast Inventory Trends and support in forecasting & Budgeting process based on dynamic business conditions
  • Work from Center of Excellence team for Inventory across Ford Motor Company
  • Work on various Optimization workstreams with CFT teams and be ready to operate at staggered shifts include North America EU time zones

Excellent Hands on experience in Analytical Tools Alteryx GDIA RPA DPA etc is mandatory



Responsibilities
Production parts InventoryUnderstand and Master the concept of in-plant floatOpres Variable float Fixed float Advance Jobs PFEP Ship Frequency & Transit TimeMaintain & Update Right Inventory inputs in CMMS in line with agreed standardsReview & Challenge all Float / TT change requests based on Inventory impact to budget/Forecast & Business emergencyReview Challenge and update stock pile requests based on Business case and ensure closure of stock piles when business demand ends. Review and optimize all VSMs for Leg A (Supplier through Trading company into Port) by working with all Global TCsReview Transit time performance of all shipments between Port to Port and support with TT reduction initiatives based on actual performanceGovernance Process All RegionsEnsure Monthly Governance of all Float/Opres/Advance Jobs & Fixed Float and alignment with Plant on deviationsInventory EfficienciesWork with Plants Network Logistics RTM Capacity Op Plan Supply Chain to identify opportunities of Inventory reduction in all input parameters Drive TVM Actions through VSM AnalysisSystem Improvements/ Digital ToolsDevelop system tools (RPA/GDIA/AI/Datamart/etc..) to identify and deliver efficiencies across the supply ChainDevelop tools that can predict Inventory movements at part level & thereby improve Inventory forecasting processBudgeting & Forecasting

Engage all Cross Functional teams in developing Budget / Business plan numbers

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

Qualifications
4. Job QualificationEducation

Working Experience/

Special Knowledge

List of CompetenciesCompetencyProficiency LevelB.E / 5 yrs in MP&L Business ProcessERP SystemsKnowledgeableFinancial KnowledgeBasic Accounting standards / Budgeting & Forecasting ProcessKnowledgeableData Analytical SkillsData crunching Interpretation & AnalysisHand onSystem ToolsDatamining using Altreyx Datamart GDIA tools PEGA Programming tools AI/ ML tools etc..Hand On


Required Experience:

IC

Employment Type

Full-Time

Company Industry

Department / Functional Area

Manufacturing

About Company

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