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About the position
The Materials Planner at Compass Controls Manufacturing is responsible for the planning, sourcing, procurement, and distribution of materials necessary for the production of Printed Circuit Boards (PCBs). This role focuses on ensuring material availability, optimizing inventory levels, and managing supplier relationships to enhance quality and reduce costs, while also supporting inventory demand forecasting and customer order management.
Responsibilities
- Collaborate with production planning and sales teams to accurately forecast demand and align material supply with production needs.
- Assist with creating and adjusting customer order schedules to align with inventory timelines.
- Initiate purchase orders and amendments for parts, services, and/or special tools; arrange for submission and inspection of sample products as required.
- Monitor and adjust material plans to accommodate changes in production schedules or demand.
- Oversee inventory control practices, including tracking of raw materials, components, and finished goods to optimize stock levels.
- Implement strategies to minimize excess inventory and reduce obsolescence while maintaining adequate stock to support production goals.
- Develop relationships with current and prospective suppliers to determine supply capabilities, transportation logistics, inventory control and management, negotiate prices and delivery terms.
- Visit suppliers as needed and perform continuous supplier quality reviews through the use of performance metrics.
- Secure and analyze quotations; negotiate competitive prices and terms with suppliers; and select/qualify suppliers with respect to cost, quality and delivery competitiveness.
- Identify and mitigate risks in the supply chain, including potential disruptions in material availability, price fluctuations, or supplier issues.
- Develop contingency plans to manage unexpected supply chain challenges.
- Communicate, as appropriate, quality matters and engineering changes with suppliers.
- Manage inventory counts and reports to maintain accuracy and determine financial impact of business decisions related to inventory.
- Assist in data maintenance and updates for changes in suppliers, components, and other materials as needed.
Requirements
- Bachelor's degree from a four-year college or university.
- 5 years of related experience and/or training in production planning, preferably in electronics manufacturing.
Benefits
- Dental insurance
- Health insurance
- Paid holidays
- Paid time off
- Vision insurance
