Analyst I, Inventory Control & Planning

Ricoh•Exton, PA

2h•Onsite

About The Position

This position is responsible for using Key Process Indicators (KPIs) for monitoring all analysis and planning activities such as fill rates, safety stock, demand and sales fluctuations, lead time, Month on Hand (MOH), inventory dollar, Cost of Sale (COS), etc. to maintain a balance between customer satisfaction and our MOH inventory dollar. The role involves establishing and monitoring target inventory levels, monitoring key planning inputs, managing inventory dollar purchase patterns, and developing action plans to resolve issues impacting inventory plans. The analyst will schedule and revise shipment plans for efficient distribution, analyze inventory levels and demand to determine reorder levels, and maintain inventory through documentation, processing, and system review. Additionally, the role requires analyzing, reconciling, and resolving inventory discrepancies, collaborating with various teams (Marketing, TSSC, Japan, Cross Functional groups, item master team) to ensure parts information, availability, and process improvements, executing strategies for new and discontinued products, and monitoring 24/7 After Hours support activities and reporting KPIs for this program. Auditing and processing 3rd Party Logistics invoices is also a responsibility.

Requirements

Knowledge of inventory management information technology systems
Knowledge of principals, theories, and concepts in inventory planning and asset control
Effective forecasting, analytical and teamwork skills
Knowledge of company and organization policies, practices and procedures
Need to be proactive in identifying issues and taking longer-term actions.
Experience in MS Office suite including MS Excel, Access, Word and PowerPoint is required.
Effective participation in team work and process improvement
Organizational skills
Meets deadlines

Responsibilities

Establish and monitor target inventory levels to effectively balance customer satisfaction with asset control.
Monitor overall key planning inputs such as fill rates, forecast accuracy, safety stock, lead time, excess inventory, in transit inventory, and order execution.
Responsible for inventory dollar purchase patterns, delivery commitments from vendors and develop action plans to resolve issues that impact the achievement of established inventory plans.
Schedules and revises shipment plans to ensure efficient distribution of products to satisfy customers
Analyze inventory levels, production speed and product demand to determine reorder levels which will ensure product availability and minimize inventory costs.
Responsible for maintenance of inventory by way of documentation, processing, as well as system review.
Required to analyze, reconcile and resolve inventory discrepancies.
Work with Marketing, TSSC and Japan to ensure most updated parts information and assured availability
Work with Cross Functional groups to improve group performance and flow of information New part and DC registration in NSP
Executing clear strategy for new and discontinued products, maximizing the customer experience
Monitors all aspects of 24/7 After hours support activities (inbound/ out bound/ invoicing).
Develop/ Report KPI activity for after hour support program
Monitor overall key planning inputs such as fill rates, forecast accuracy, excess inventory, in transit inventory, order execution
Provide guidance to item master team on various item issues.
Monitor and adjust key business data.
Auditing and processing 3rd Party Logistics invoices in timely manner.