What are the responsibilities and job description for the Inventory Planner position at RS Americas?
About RS Group
Across the industrial design, manufacturing and maintenance worlds, we’re the digital destination for product and service solutions to help our customers with the maintenance, repair and operation of their businesses. We provide global access to an unrivalled range of over 750,000 stocked industrial products. Each day our team of experts deliver solutions to resolve our customer’s challenges across design, procurement, inventory and maintenance. We consistently strive to deliver the best possible service to all of our customers and challenge ourselves to provide a seamless procurement experience.
We are one team. We deliver brilliantly. We do the right thing. We make every day better. These are our values. They unite our c.9,000 global colleagues and differentiate us from our competition. They are a mix of how we work today and how we must step up for the future. Most importantly, it is one set of values shaped by our people, for our people.
Together, we can make great things happen. Aim for amazing and beyond.
About The Role
Role Purpose
This position manages the daily operations of the Supply Planning function and combines purchase order and procurement management with delivery management to ensure a positive customer experience. The Inventory Planner has the direct responsibility for planning, executing, and monitoring Supply Chain’s procurement strategies while maximizing process efficiencies and functional productivity. There are three core elements of the Inventory Planner role:
This role has opportunities for professional growth within the Supply Chain function that include Supply Planner, Sr. Supply Planner, Demand Planner, and potentially the Supply Chain Manager roles.
This role partners with members of Product Management. In some cases, the Inventory Planner could make a promotional move to Supplier Manager to expand their knowledge for managing supplier relationships.
This role will be exposed to a variety of cross-functional areas of the business that will help develop business acumen and professional growth which could lead to other/future opportunities within the company.
This role may participate in the delivery of projects within the supply chain function with the opportunity to participate in other cross-functional projects throughout the company.
Key relationships for my role/Who do I need to consult with?
Internal:
Internal:
Qualifications and Skills:
Essential:
RS Americas is an equal opportunity employer and maintains policies and practices that are designed to prevent and prohibit unlawful discrimination against any qualified employee or applicant on the basis of race, color, religion, ancestry, national origin, sex, sexual orientation, gender identity, age, military/veteran status, disability, genetic information, citizenship status, or any other unlawful classification to the extent protected by law. This policy of non-discrimination applies to all employment practices, including hiring, compensation, benefits, promotion, training and termination. Employees who engage in unlawful discrimination will be subject to disciplinary action, up to and including termination.
Across the industrial design, manufacturing and maintenance worlds, we’re the digital destination for product and service solutions to help our customers with the maintenance, repair and operation of their businesses. We provide global access to an unrivalled range of over 750,000 stocked industrial products. Each day our team of experts deliver solutions to resolve our customer’s challenges across design, procurement, inventory and maintenance. We consistently strive to deliver the best possible service to all of our customers and challenge ourselves to provide a seamless procurement experience.
We are one team. We deliver brilliantly. We do the right thing. We make every day better. These are our values. They unite our c.9,000 global colleagues and differentiate us from our competition. They are a mix of how we work today and how we must step up for the future. Most importantly, it is one set of values shaped by our people, for our people.
Together, we can make great things happen. Aim for amazing and beyond.
About The Role
Role Purpose
This position manages the daily operations of the Supply Planning function and combines purchase order and procurement management with delivery management to ensure a positive customer experience. The Inventory Planner has the direct responsibility for planning, executing, and monitoring Supply Chain’s procurement strategies while maximizing process efficiencies and functional productivity. There are three core elements of the Inventory Planner role:
- Ensure stock availability by using proper planning policies and investment strategies.
- Identify investment opportunities through cost analysis to maximize revenue and gross margin.
- Sustain market leading service levels that leverage automated solutions for scalability of real-time purchase order delivery information from Supplier Partners.
- Manages inventory planning and purchase order delivery activities for a defined group of supplier partners.
- Manages the review, approval, and release of purchase orders.
- Proactively conducts cost break analytics to support and maximize sales revenue and margin, while maintaining a desired turns objective.
- Works with Sales, Suppliers, Product Managers and Demand Planners to execute buying decisions.
- Partners with Demand Planning to maintain purchase order schedule by Vendor.
- Reviews scheduled customer orders to maximize purchasing opportunities and to ensure sufficient inventories are in place to support the scheduled requirements.
- Works together with other business functions including, but not limited to, Sales and Operations, Product Management, Process and Finance to review and resolve purchase order opportunities related to special costs, ship & debits, and customer’s schedules.
- Monitor, expedite and update open PO’s to confirm material is being processed to meet delivery commitments.
- Works together with Sales and Suppliers to execute sales order expedites.
- Creates, administers, and expedites both customer drop ship and generic orders.
- Collaboration with Process Team:
- Providing analysis/support related to inventory excess and obsolescence.
- Assisting with inbound discrepancy issues as needed.
- Investigates and identifies inventory related challenges both alone and at the direction of Supply Chain Management.
- Participates in company training programs when applicable.
- Performs other duties related to delivery management or non-inventory related tasks as assigned by Supply Chain Management.
This role has opportunities for professional growth within the Supply Chain function that include Supply Planner, Sr. Supply Planner, Demand Planner, and potentially the Supply Chain Manager roles.
This role partners with members of Product Management. In some cases, the Inventory Planner could make a promotional move to Supplier Manager to expand their knowledge for managing supplier relationships.
This role will be exposed to a variety of cross-functional areas of the business that will help develop business acumen and professional growth which could lead to other/future opportunities within the company.
This role may participate in the delivery of projects within the supply chain function with the opportunity to participate in other cross-functional projects throughout the company.
Key relationships for my role/Who do I need to consult with?
Internal:
- Supply Chain leadership. Also works together with other business functions including, but not limited to, Sales and Operations, Product Management, and Finance
- Supplier Partners
Internal:
- Primarily with Supply Chain Leadership along with Supply Planners, Demand Planners and Delivery Planners, and the Process team.
- Engages with other business functions, including but not limited to Sales, Operations, Product Management, Technology and Finance
- Supplier Partners for daily execution of supply & purchase order execution and inventory performance updates.
Qualifications and Skills:
Essential:
- 1-3 years in an inventory management or supply chain related role.
- General understanding of end-to-end Supply Chain Planning processes.
- Can correlate forecasting and demand planning activities to Supply Chain cost and service.
- Set’s objectives and goals through effective planning and accurately scopes out length and difficulty of tasks/projects.
- Managing through systems by implementing best practices.
- Can effectively communicate (verbal, written and listening).
- Must have strong teamwork & organizational skills.
- Ability to perform basic analytical functions.
- Exhibits strong customer service and is dedicated to meeting the expectations and requirements of internal and external customers.
- Knows how to set priorities and can quickly zero in on what is critical.
- Bachelor’s degree in Business or a related field; or equivalent combination of education and experience.
- 1-3 years of experience in a supply chain related position
- Understands market dynamics, industries, products, & competitors.
RS Americas is an equal opportunity employer and maintains policies and practices that are designed to prevent and prohibit unlawful discrimination against any qualified employee or applicant on the basis of race, color, religion, ancestry, national origin, sex, sexual orientation, gender identity, age, military/veteran status, disability, genetic information, citizenship status, or any other unlawful classification to the extent protected by law. This policy of non-discrimination applies to all employment practices, including hiring, compensation, benefits, promotion, training and termination. Employees who engage in unlawful discrimination will be subject to disciplinary action, up to and including termination.