Senior Inventory Planner

Department: Purchasing

Location Luton

Reports To: Inventory Planning Manager

Mission: To contribute to the continuous improvement of the supply chain function with the key objective of maximising customer service levels, optimising inventory and ensuring an efficient approach to all supply chain and project related planning activities.

Primary Responsibilities:

  • Training, developing and leading a best in class inventory planning team, ensuring robust systems and procedures for the review, placement, progression and delivery of purchase orders from 3rd party overseas factories. Departmental activities include:
  • Interpretation and validation of MRP plan, along with generation, approval and progression of PO’s and associated paperwork (PI’s, LC requests, deposit requests, etc.).
  • Working with suppliers and coordinating shipments through the company’s nominated freight forwarding agent, liaising with the warehouse to arrange goods inwards bookings.
  • Booking and costing stock onto the ERP system, processing related paperwork (packing lists, bill of lading, invoices) etc. and liaising with suppliers to resolve discrepancies as appropriate.
  • Identifying shortages, potential out of stocks and taking appropriate actions / measures (rework, local sourcing, air freight) to minimise disruption to the supply chain.
  • Processing inventory transfers/adjustments and cost adjustments once approved and liaising with the relevant departments as appropriate.
  • Processing rework requests and liaising with the warehouse team to ensure that these are clearly understood and the system updated accordingly.
  • Managing and processing supplier returns and junking of stock following approval.
  • Management of Inventory Planning Parameters (ABC Segmentation, Safety Stock, EOQ) and ensuring the integrity of planning data (product status, lead times, etc.) to allow for the continual optimisation of inventory and the maximisation of service levels.
  • Providing key inventory data, analysis and reports to the inventory planning team and stakeholders to support routine and adhoc planning activities and decision making.
  • Working with and supporting suppliers in maximising delivery performance in line with agreed targets, reporting and interpreting results monthly to suppliers and working with Management to put in place any corrective actions or initiatives as agreed.
  • Generating monthly management reporting information and providing commentary and analysis to support accurate interpretation and decision making

What we are looking for:

Essential:

  • Educated to A Level or equivalent
  • 5+ years inventory planning experience
  • Background of inventory planning for long lead time FMCG goods within a distribution business
  • Experience of working closely with major wholesale and retail supply chain teams
  • Ability to work effectively in a high pressure and deadline driven environment
  • Strong analytical skills with attention to detail and a thorough and accurate approach to work
  • Excellent communication, presentation and organisation skills
  • Strong interpersonal skills and ability to work well in both a team environment and on own
  • Resourceful and lateral thinking with a creative approach to tasks
  • Strong project management and problem solving skills
  • Computer literate with strong excel skills (vlookup, pivot tables)
  • Drive, ambition and enthusiasm to deliver results and progress within the organisation
  • ERP System experience to include Inventory Control

Desirable

  • Degree in a logistics/supply chain or business discipline
  • Team Leadership responsibility

Deta offer a competitive salary, a company pension and a friendly working environment.

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