Material Planner- Buyer
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Monthly Salary:
Posted on:
15 hours ago
Vacancies:
1 Vacancy
Job Summary
Job Title
Material Planner- BuyerJob Description
The Material Planner - Buyer is responsible for coordinating inventory management ensuring SCM master data setup handling product life cycle management communicating with suppliers within ERP software performing forecasting order placement risk mitigation performance reviews and continuous improvement initiatives and resolving moderate procurement issues. The role communicates forecasts to suppliers validates them and ensures alignment between material planning and production planning through S&OP meetings. The role places orders with suppliers and monitors delivery time quality and price while also managing open orders and expediting when necessary. The role generates purchase orders resolves moderate issues monitors consignment stock at suppliers conducts regular stock takes and tracks materials provided to vendors.
Your role:
Inventory Management & Analysis
Conduct inventory analysis and implement buy-item stock and replenishment policies.
Manage supply chain master data setup and maintenance within ERP systems.
Monitor item changes and implement supplier-managed and owned inventories.
Execute simulations for optimal safety stocks and lot-sizing procedures considering seasonal and trend patterns.
Process Optimization & Transformation
Implement inventory strategies and update procurement master data settings.
Drive digitization and process automation initiatives.
Identify and leverage stock optimization opportunities based on material characteristics and trends.
Lead transformation and continuous process improvement projects.
Order & Supplier Management
Generate and monitor Purchase Orders ensuring delivery time quality and price compliance.
Resolve moderate Purchase Order issues and consolidate orders for efficiency.
Communicate forecasts to suppliers validate plans and ensure alignment between material and production planning.
Monitor consignment stock at suppliers and conduct regular stock audits.
Lifecycle & Change Management
Support product development lifecycle milestones ensuring accurate replenishment-related master data.
Participate in packaging instruction creation and shelf-life master data determination.
Manage change processes including PIPO planning during industrialization phases.
Performance Monitoring
Analyze Order Management Module (OMM) KPIs and propose corrective/preventive actions.
Monitor supplier performance strategically and implement improvement plans.
Ensure smooth production ramp-up by managing stock levels and master data settings.
Youre the right fit if you have :
Education: Bachelors degree in Supply Chain Management Engineering or a related discipline.
Experience: 8-12 years of relevant experience in supply chain operations.
Technical Expertise:
Proficiency in ERP systems and MRP tools.
Strong analytical and problem-solving capabilities.
Ability to collaborate cross-functionally and manage multiple priorities effectively.
Core Competencies
Purchase Order Management and Vendor Coordination.
Inventory Planning and Safety Stock Optimization.
Clear-to-Build (CTB) Execution.
Change Management including PIPO Planning.
Supplier Relationship Management.
Excellent verbal and written communication skills.
Hands-on experience with Electro-Mechanical and Mechanical components.
Familiarity with O9 Planning Tool (preferred).
Additional Expertise
Digitization and Process Automation for operational efficiency.
Advanced Inventory Management strategies.
Driving Transformation initiatives and Process Improvement.
Strategic Supplier Performance Management.
How we work together
We believe that we are better together than apart. For our office-based teams this means working in-person at least 3 days per week.
Onsite roles require full-time presence in the companys facilities.
Field roles are most effectively done outside of the companys main facilities generally at the customers or suppliers locations.
This is an onsite role
About Philips
We are a health technology company. We built our entire company around the belief that every human matters and we wont stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others.
Learn more about our business.
Discover our rich and exciting history.
Learn more about our purpose.
If youre interested in this role and have many but not all of the experiences needed we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our culture of impact with care here.
Key Skills
- Kanban
- Inventory Control
- Purchasing
- Maximo
- SAP
- Supply Chain Experience
- Production Planning
- SAP ERP
- ERP Systems
- Materials Management
- Manufacturing
- MRP
About Company
Philips has been revolutionizing lighting for over 125 years. We pioneered the world changing development of electric light and LED, and are now leading the way in intelligent lighting systems. Our deep understanding of how lighting positively affects people, enables us to deliver inn ... View more
