Non-Production Inventory Analyst
Department:
Job Summary
- 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
4. 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 |
Required Experience:
IC
Key Skills
About Company
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