Inventory Planner II

Siplast•Arkadelphia, AR

5d•Onsite

About The Position

The Inventory Planner is responsible for controlling the management of raw material and finished goods inventory within the manufacturing and warehouse facility. This role ensures a continuous and efficient flow of raw materials and finished goods to support production schedules and service demand while minimizing excess inventory and associated costs. The Inventory Planner will collaborate closely with procurement, production, and logistics teams to ensure inventory is accurate and controlled systematically.

Requirements

H.S. Diploma or General Education Degree (GED)
Associate’s Degree Supply Chain or adjacent field
3+ years of experience in a supply chain, inventory planning, or a similar role, preferably in a manufacturing or production environment.
Excellent communication and interpersonal skills.
Strong problem-solving and decision-making abilities.
Highly organized with strong attention to detail.
Ability to work independently and as part of a team in a fast-paced environment.
Proficiency with ERP/MRP systems (e.g., SAP).
Strong analytical skills with the ability to work with large datasets and financial models.
Advanced proficiency in Microsoft Excel (VLOOKUP, pivot tables, etc.).
Must be eligible to work in the U.S. without need for employer-sponsored visa (work permit).

Responsibilities

Monitor and analyze inventory levels, turn rates, and on-hand quantities to prevent stockouts and overstock situations.
Conduct regular cycle counts and physical inventories to ensure accuracy between system records and physical stock.
Ensure inventory is managed according to LIFO/FIFO requirements
Identify and resolve discrepancies in inventory counts and records.
Research shipping errors for root cause and RMA process control.
Ensure inventory records are synchronized across business systems.
Identify and communicate obsolete, outdated, or slow-moving inventory and drive to disposition.
Collaborate with quality regarding red tag or off-spec material to ensure adequate segregation and disposition.
Provide regular reports and updates on inventory status, and key performance indicators (KPIs) to management.
Identify opportunities to improve inventory management processes, reduce costs, and increase efficiency.
Research to find the root cause of discrepancies and report to management for implementation of preventative actions.
Analyze historical data to optimize safety stock levels.
Participate in cross-functional projects aimed at enhancing supply chain performance.
Manage and dispose of obsolete or slow-moving inventory.