Demand & Inventory Planning Analyst

Flexsteel Industries Inc. • Dubuque, IA

16h

About The Position

DUTIES AND RESPONSIBILITIES:

Analyze performance metrics (forecast accuracy, inventory turns, service
levels) and take corrective action to improve outcomes when necessary.
Collaborate with cross-functional teams, and Asia supplies, to develop,
monitor, and maintain a demand plan that ensures that product is shipped in a
timely manner in order to meet customer demand.
Determine appropriate inventory levels and replenishment strategies,
balancing customer service requirements, working capital targets, and supply
chain constraints.
Identify potential stockouts or overstock situations and propose ways to
balance product availability and work with cross functional teams for
implementation.
Interpret inventory to policies, such as safety stock and in stock rates to
balance service levels, supply, and demand across the supply chain.
Drive continuous improvement initiatives within demand and inventory planning
processes to enhance efficiency and effectiveness. Identify risks and
opportunities related to demand variability, supply disruptions, and
inventory imbalances, and implement solutions to mitigate impact.
Provide data-driven insights and recommendations to leadership that directly
influence operational and financial decisions.

EDUCATION AND EXPERIENCE REQUIRED:

Requirements

• BA/BS degree in business or supply chain or related field or equivalent experience is required
• 2-3 years of Supply Chain experience is required
• Excellent communication and interpersonal skills for cross functional collaboration.
• Analytical and problem solving skills are required
• Advanced MS Excel Skills and ability to learn new software and applications as needed.

Responsibilities

• Analyze performance metrics (forecast accuracy, inventory turns, service levels) and take corrective action to improve outcomes when necessary.
• Collaborate with cross-functional teams, and Asia supplies, to develop, monitor, and maintain a demand plan that ensures that product is shipped in a timely manner in order to meet customer demand.
• Determine appropriate inventory levels and replenishment strategies, balancing customer service requirements, working capital targets, and supply chain constraints.
• Identify potential stockouts or overstock situations and propose ways to balance product availability and work with cross functional teams for implementation.
• Interpret inventory to policies, such as safety stock and in stock rates to balance service levels, supply, and demand across the supply chain.
• Drive continuous improvement initiatives within demand and inventory planning processes to enhance efficiency and effectiveness.
• Identify risks and opportunities related to demand variability, supply disruptions, and inventory imbalances, and implement solutions to mitigate impact.
• Provide data-driven insights and recommendations to leadership that directly influence operational and financial decisions.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level