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Inventory Analyst – 38672

Pay Rate: up to £22.45/hr Ltd Umbrella

Division: Purchasing

Contract Position based at Whitley (Hybrid - Currently 2 days on site, 3 days WFH)

Position

Within Marketing, Sales and Service (MS&S), Parts Supply Chain are responsible for the strategic planning, release, pricing, revenue generation and supply of service parts and accessories for the global sales network. Within Parts Supply Chain, the Global Inventory Team manages the forecasting and replenishment of Inventory held in worldwide facilities.

This Inventory Analyst / Demand Planner role is part of the Inventory Team and focuses on the overall management of inventory in c. 40 logistical warehouses globally using the chosen IM System and the SAP transactional system. The team is accountable for stock and customer KPI's globally across the Aftermarket Parts Supply Chain and is split into 4 areas of specialisms: Forecasting, Vendor Ordering, Global Deployment and Super Users.

Key Responsibilities

• Utilising Spare Parts planning systems, placing schedules on suppliers/ deployments from master warehouses in a timely manner to deliver right part, right place at the right time
• Carefully monitor the performance and results of forecasting and stocking policies by reporting key metrics such as availability, stock turnover, non-working stock.
• Adjust forecasting and inventory parameters for existing parts
• Action daily emergency orders requirements to meet customer requirements
• Support development of strategic projects, for example new model programmes, new & emerging markets and transition projects. Analyse the impact of supplier and model decisions on the inventory volume, the availability and other relevant goals of inventory management
• Manage various processes to support the Parts Supply Chain and Aftermarket Purchasing Teams

All duties and responsibilities will include elements of:

• Thorough analysis
• Simulation to anticipate the effect of possible changes
• Communication and exchange of opinion with different stakeholders e.g. Customer Service, Purchasing
• Working cross functionally to deliver results in line with the customer first principles
• The use of sophisticated analytical tools/skills and various IT systems (main IM system SAP, models and databases built by the team).

Essential Skills, Knowledge and Experience

• Understanding of Supply chain processes
• Understanding of inventory management/demand planning processes
• Use of a state of the art planning system in a similar environment (Infor, Servigistics, Manugistics, Logol, S099, Optimizer, Syncron, In house company system, SAP SPP)
• Experience of using SAP (or similar ERP software)
• An excellent understanding of MS Excel, is essential
• An individual who has strong analytical and statistical skills. Able to construct, manipulate and interpret complex data, and to make recommendations on this analysis.
• An individual who has working experience of Inventory Classification, inventory forecasting, stocking level strategies, EOQ planning, safety stock planning

Preferred:

• Experience in a multi-tiered environment
• Experience in a service parts environment
• Experience of using Access and PowerPoint
• The use of other database products and statistical software (R, SAS etc.) would be useful.

Education

• Relevant degree or equivalent experience preferred

Additional Information:

** THIS POSITION IS CONFIRMED INSIDE IR35 **

To apply, please send your CV to [email protected]

Your CV will be forwarded to Jonathan Lee Recruitment, a leading engineering and manufacturing recruitment consultancy established in 1978. The services advertised by Jonathan Lee Contracts are those of an Employment Business.