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Replenishment Planner
$73k-93k (estimate)
Full Time | Consumer Goods
2 Days Ago
Ingredion is Hiring a Replenishment Planner Near Westchester, IL
Primary Function: Responsible for US/Canadian Warehouse & Break station finished goods replenishment planning. The replenishment planner manages the inventory & products process outside of the US/CA manufacturing plants – determining what to order, how much to order and when to order finished goods to support supply planning. The role decides finished goods needed to support customer orders, forecasted demand and inventory stocking requirements. Replenishment planners need to establish reorder quantities for finished goods, while considering supply lead time, warehouse, and transportation constraints. The Replenishment Planner will also own some aspects of purchasing from 3rd party suppliers and work with break stations that perform these activities. Managing the supply chain from providing base material to directing tolling schedules based on customer demand.
Key DeliverablesBusiness
Relocation Available:No
Key DeliverablesBusiness
- Ultimately, the role of replenishment, must perform designated tasks and responsibilities to service customers. This is primarily measured by the Perfect Order Metric (DIFOT/IFOT)
- Support order promise process through review of booked orders by considering open sales orders, fixed production, inventory transfers and purchase orders.
- Develop and maintain break station and warehouse supply based on demand forecasts and inventory targets.
- Convert the replenishment plan into Stock Transfer Orders by creating and managing the process of finished good stock transfer orders from source to destination.
- Determine replenishment lead-time to support inventory plans to optimize order fulfillment & optimize lowest landed cost.
- Balance the allocation of available stock in supplying locations.
- Collaborate with commercial teams, and logistics and distribution teams, to help facilitate and verify initial orders and the setup of the new retailers, distributors, or warehouses as they are added.
- Identify possible material shortages against inventory plans, and develop action items, marshal resources to address action items and follow up on all material shortage-related issues.
- Manages transactional and daily communications with 3rd party product supplier(s). As with other internally produced products, ensures appropriate volume is on hand and in locations needed to meet KPI targets.
- Direct 3rd party break stations in tolling activities. Support the pipeline of base material to locations and guide production volumes based on safety stock targets and demand.
- Mange inventory accuracy, excess/slow moving inventory, and aging inventory by coordinating at the break stations and managed warehouses.
- Identify areas of improvements that will reduce the potential of inventory arriving before it's needed.
- Make recommendations to enhance business processes and identify opportunities to improve operational efficiencies.
- Measure, analyze and report key process metrics, and monitor adherence to key performance indicators (KPIs) that support Customer Experience goals.
- Strive for an optimized network where safety stock levels are appropriate for demand levels and in turn reduce dwell times at break stations.
- Develop, monitor, and communicate reports on inventory to business unit and supply chain organizations, while driving continuous improvement.
- Daily review of BY planning system, to identify possible material shortages and aligning with supply planner on alternative sources of replenishment to fulfill demand.
- Fully support integration and future improvement of automated Replenishment planning process (BY/SAP planning integration).
- Actively interact with supply management, manufacturing, quality, warehouse, and engineering to solve material issues to prevent customer order delays at warehouses and break stations.
- Communicate with supply management, as necessary, regarding lead-time changes and the availability of product.
- Communicate with demand planner(s) on variances to align on appropriate volumes for supply planning.
- Provide weekly updates on supply at recurring meetings, highlighting hot spots and working proactively to mitigate supply risks.
- B.S. in supply chain management/operations/mathematics/engineering
- Experience with SAP and its related supply chain applications
- Experience with JDA Supply Chain Planning tools is preferred but training can be offered.
- Strong communications skills (oral and written)
- Proficiency using PC-based applications (such as Microsoft Excel, PowerPoint, Word and/or Access)
- Work experience in a team-based environment within manufacturing or supply chain is desirable.
- Strong technical skills around data management & mathematical/statistical abilities
- Well-organized and a high level of attention to detail
- Hands-on experience with modeling, analysis, and simulation tools
- Proven ability to build working business relationships.
- Hands-on experience with inventory planning
- The ability to translate business goals and metrics into business process outcomes and related business cases for specific projects.
- Focuses on both short-term results (0-4 Weeks) and annual goals (1-12 months)
- Communicate effectively with counterparts in supply planning and supply management.
- Builds excellent relationships with key internal and external customers based on trust and confidence.
- High level of interpersonal skills to handle internal negotiations amongst departments in meeting service level goals.
- Ability to influence decision makers and operational teams.
- Display willingness to make timely decisions.
- Support and explain reasoning for decisions. Include appropriate people in the decision-making process.
- Show a strong understanding of root-cause analysis and the use of data for decision making.
- Meets deadlines and work under pressure, with limited supervision.
- Ability to travel as necessary.
Relocation Available:No
Job Summary
JOB TYPE
Full Time
INDUSTRY
Consumer Goods
SALARY
$73k-93k (estimate)
POST DATE
06/06/2024
EXPIRATION DATE
07/03/2024
WEBSITE
ingredion.com
HEADQUARTERS
WESTCHESTER, IL
SIZE
7,500 - 15,000
FOUNDED
1906
TYPE
Public
CEO
JAMES P ZALLIE
REVENUE
$5B - $10B
INDUSTRY
Consumer Goods
Related Companies
About Ingredion
Ingredion manufactures and sells sweeteners, starches, nutrition ingredients, and biomaterials to beverage, paper, and pharmaceutical industries.
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The job skills required for Replenishment Planner include Planning, Communicates Effectively, Supply Chain, Communication Skills, Purchasing, Decision Making, etc. Having related job skills and expertise will give you an advantage when applying to be a Replenishment Planner. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Replenishment Planner. Select any job title you are interested in and start to search job requirements.
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The following is the career advancement route for Replenishment Planner positions, which can be used as a reference in future career path planning. As a Replenishment Planner, it can be promoted into senior positions as a Merchandise Buyer that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Replenishment Planner. You can explore the career advancement for a Replenishment Planner below and select your interested title to get hiring information.
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