Job Title: Inventory Planning Specialist
Role Overview
* We are seeking a skilled Inventory Planning Specialist to join our team. As an Inventory Planning Specialist, you will play a key role in supporting proactive inventory planning and demand forecasting by analysing lead times, supply constraints, and customer requirements.
Key Responsibilities:
* Analyse lead times and collaborate with customers to support forward-looking inventory planning.
* Conduct detailed reviews of OSMI stock and identify potential customer targets for surplus inventory sales.
* Provide risk assessments related to inventory needs, customer commitments, and supply limitations.
* Support inventory forecasting and demand planning aligned with rebuild schedules and market trends; analyse stockouts versus forecast.
* Assist in setting strategic stock levels for both existing and new items.
* Review and support strategic spare parts stock holdings in line with OSMI reduction initiatives.
* Contribute to the development of recommended spares holding lists by unit serial number.
* Manage supply constraints by tracking issues for inventory to customer backorders, enabling effective sales team planning.
* Place and expedite purchase orders with external suppliers to meet inventory and customer demands.
* Monitor supplier performance and elevate delays or risks to appropriate stakeholders.
* Escalate supplier performance issues, particularly for long-lead or constrained items.
* Analyse and report monthly DIFOT (Delivery in Full, On Time) metrics to highlight and address delivery performance gaps.
* Build, maintain, and share inventory dashboards and reports in Power BI for key stakeholders.
* Deliver updated supply-demand forecasting packs to the sales team to support proactive planning and market responsiveness.
* Provide and maintain lead time templates and definitions for customer-facing teams to ensure consistent communication.
* Provide backup support to inventory administration, ensuring continuity in stock control, returns processing, and system updates.