About this role
Responsible for optimizing the balance of inventory across the supply chain network in line with target customer service levels, levels of forecast accuracy and safety stock levels, for the allocated portfolio of SKU’s which he/she is accountable. Acts as lead interface to manufacturing sites and suppliers to resolve supply issues relating to the production technology for which he/she is responsible
- Set up inventory targets for Raw Materials and Pack Components under his/her responsibility and monitor inventory levels vs. targets.
- Implement and maintain inventory and Material Management Strategies for Finished Products under his/her responsibility by regular review and optimization of inventory parameters and levels (e.g. reorder pt., safety stock, etc.)
- Liaise with Finance, Demand Planners, Sales or other required entities to validate and recommend mid-long term supply plans (S&OP) for the Products under his/her responsibility and recommend actions in case of issues.
- Liaise and work with Procurement for the purchasing of Raw Materials and Pack Components as recommended and approved in the S&OP process.
- Review out of stock situations or shortage of supply issues and recommend mitigating actions.
- Identify and manage potential inventory obsolescence to minimize write-offs (finished goods and raw materials)
- Management, coordination of and oversight for Bad/Slow Moving/Obsolete Goods including the administration of freight claims.
- Conduct root cause analysis for supply chain process concerns and define/conduct corrective action plans to avoid reoccurrence.
- Handles requests for information and data
- Other duties as assigned