Inventory Analyst

Year    TN, IN, India

Job Description

Major Responsibilities:



The Plant Inventory Analyst serves a critical function of driving consistent processes and oversight of key inventory controls, Audits, transaction control, compliance as per Finance module.


As a liaison between MP&L Staff and the Plant, the Plant Inventory Analyst must also work with various departments at the Plant to ultimately ensure inventory control management/Optimization, turns improvement, inventor forecast.



Qualifications:



Engineering Degree or Equivalent Bachelor's degree. 6+ years of experience in Manufacturing MP&L function - Inventory / Quality / Audit, Material Handling, SCM, ECC. Altryx development, Python, datamart skill. Experience with shop floor activities Excellent troubleshooting and problem-solving skills. Strong communication and interpersonal skills, with a proven ability to interact effectively with both technical and non-technical stakeholders. Ability to work independently and as part of a team. A proactive approach to identifying and resolving potential issues.

Preferred Qualifications:



Experience with cloud-based platforms and data analytics. Experience working in a manufacturing or industrial environment. Project management experience.

Job details:



Review and resolve negative inventory balances on a daily basis. Determine root cause. Assist the plant in performing the appropriate inventory transactions/corrections / adjustments Support MP&L Staff/Plant in achieving Inventory target, including Inv roadmaps kept up to date with feasible action items Verify Plant is compliant with MCRP guidelines and scorecard metric is green. Develop corrective actions/processes to achieve compliance/metric. Analyze inventory records in order to assist with cycle root cause investigation and other related inventory BOH issues. Prepare monthly inventory package to be reviewed with OCM. Lead discussions and work closely with plant management to address inventory issues and provide corrective actions. Lead weekly inventory governance review process as per the defined standard Provide training as required and be able to assist Plant with any questions. Utilize reports in the SNURK and IMT to track plant performance. Understand data presented in reports and be able to provide training as needed. Review Intra Company Settlement (ICS) transactions and work with plant teams to correct any mismatches (sending & receiving plant) Prepare plants for any upcoming audits Evaluate supplier's locations for bailment to secure bailment inventory at supplier. Provide training to supplier bailment personnel on correct use of CMMS as well as ensure bailment facility employees have appropriate CMMS security. Check required documentation to identify shipment to be corrected in order to support Freight Claims, supplier/Carrier discrepancies, quality reject for bailed parts. Schedule/analyze/process bailment part cycle counts and maintain last reconciliation date for bailment parts on screen SHBA. Monitor negative BOH of bailment. Assist plant engineering change control functions to manage running change of bailment as well as perform all required transactions during BOH fine tune. Work closely with the Bailee and Plant Quality Department to ensure part transactions are performed accurately for quality issues. Enter scrap transactions into CMMS for bailed parts (Bailee caused scrap and FCSD request) and ensure mutilation process at supplier for high scrap. Create manual ASN for bailed parts leaving the bailee to plant as per SCM request, quality reject, and non-moving bailments. Support Finance to follow up aging payment of bailment chargeback. Review CS part and bailment part to complete system set up for supplier type and work with PPM for BOM issues related to bailment

Inventory Management:



Understand and Master the concept of In-plant float, Opres, Variable float, Fixed float, Advance Jobs, PFEP, Ship Frequency & Transit Time Maintain & Update Right Inventory inputs in CMMS in line with agreed standards Review & Challenge all Float / TT change requests based on Inventory impact to budget/Forecast & Business emergency Review, Challenge and update stockpile requests based on Business case and ensure closure of stockpiles when business demand ends Review and optimize all VSMs. Work with Plants, Network Logistics, RTM, Capacity, Op Plan, Supply Chain to identify opportunities of Inventory reduction in all input parameters Inventory Budget / Forecast - Engage all Cross Functional teams in developing Budget / Business plan numbers 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

Maintenance & Optimization:



Drive sustainable operation support for plant MP&L operations Diagnose and resolve technical issues related to inventory and cycle count operations Identify opportunities for process improvement Deploy latest advancements in MP&L plant operation with automation technologies driving efficiency. * Collaborate with the various MP&L skill engineering team to develop and implement AI automation reporting on KPI

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Job Detail

  • Job Id
    JD5130795
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    TN, IN, India
  • Education
    Not mentioned
  • Experience
    Year