Inventory Planner

Incora • West Chester, PA

1d

About The Position

The Inventory Planner manages chemical inventory to dollar targets and within contractual guidelines for designated customer accounts. The role uses analytical skills to make decisions that affect purchase quantities and open-to-buy budgets, while meeting customer and company performance targets such as Min/Max in-stock percentage, inventory turns, and slow-moving inventory reduction. With guidance from SIOP Management and Senior Inventory Planners, the planner develops inventory plans, analyzes demand and usage trends, and supports customer relationships by managing contractual inventory requirements.

The position monitors inventory at Incora warehouses and customer onsite locations, assesses regional availability, and evaluates the costs and benefits of stocking or transferring products. The planner is accountable for shortages and supply exposure, inventory-dollar variances, cost-of-goods-sold-to-receipt variance, delivery planning, and excess or scrap exposure. The role may also participate in Lean improvement events and ad-hoc inventory projects.

Requirements

• Two to five years of experience in inventory management, including demand planning, MRP, forecasting, and sourcing.
• Demonstrated excellence in data and mathematical analysis, with strong mathematical, problem-solving, and reasoning skills.
• Strong verbal and written communication skills and the ability to interact directly with internal and external customers.
• Strong follow-through and perseverance, with the ability to handle multiple tasks simultaneously.
• Ability to adapt to changing priorities, multiple demands, and crises.
• Strong analytical skills, attention to detail, and ability to perform in-depth research.
• Expert competency with integrated data systems and Microsoft Office, including intermediate-to-advanced Word and Excel skills.
• Strong Excel skills, including PivotTables, lookups, advanced formulas, spreadsheets, and importing and exporting files.
• Strong working knowledge of Microsoft Office, including Excel, Word, and PowerPoint.
• Experience using Copilot or other AI tools to enhance productivity.
• Proven working knowledge of Just in Time (JIT) supply processes.
• Proven ability to participate in process improvement from plan development through implementation.
• Strong time-management, multitasking, and prioritization skills.
• Customer focus, independence, drive, and an action-oriented approach.
• Ability to work cross-functionally as part of a team.

Nice To Haves

• Bachelor's degree in business administration, economics, supply chain, inventory management, or equivalent experience.
• Knowledge of Oracle data systems, such as JDE or SAP.
• APICS certification.

Responsibilities

• Develop just-in-time stocking and replenishment plans for customer-contract requirements to meet service-level goals, including Min/Max in-stock percentages.
• Work with customers and the Program Management Team to understand production changes and forecasts and adjust customer inventory plans accordingly.
• Manage inventory turns by maintaining appropriate Min/Max levels and optimizing inventory carrying costs.
• Conduct economic reorder quantity analysis as part of Min/Max level reviews.
• Identify back-ordered materials and inventory shortages that may affect customer production schedules, and develop mitigation solutions.
• Identify sites that are outside inventory-dollar goals and develop recovery plans.
• Review slow-moving and expiring-material reports and reduce surplus and stagnant inventory.
• Coordinate with Purchasing, Procurement, Material Support, and other Supply Chain teams to streamline supply chain processes, reduce cycle time, and identify opportunities and constraints.
• Develop and manage ad-hoc inventory-management projects with guidance from SIOP Management and Senior Inventory Planners.
• Attend customer or company-sponsored meetings and training as required.
• Develop and maintain knowledge of Incora products, services, quality requirements, customer plans, and specifications.
• Represent Incora's vision, values, and objectives in job-related activities and build and maintain customer relationships.
• Analyze inventory availability across regional locations and assess the cost and benefit of stocking versus transferring goods.
• Manage inventory shortages and exposure, inventory-dollar variance to goals, cost-of-goods-sold-to-receipt variance, purchase-order delivery planning, and excess or scrap exposure.
• Participate in Lean improvement events with the Continuous Improvement department when needed.

Benefits

• Salary and benefits package.
• Eligibility for an employee incentive program.
• Eight paid holidays and two floating holidays for full-time employees.
• Up to 80 hours of vacation per year for full-time non-exempt employees, increasing with length of service.
• Separate sick-time allowance for full-time non-exempt employees.
• Two weeks of paid parental leave.
• Employee discount portal through Perkspot.
• Employer-paid group life insurance at one times salary, short-term disability, and long-term disability.
• 401(k) plan with company match.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed