Senior Planner, Raw Materials

L'Oréal•Piscataway, NJ

About The Position

L'Oréal has dedicated its energy, innovation, and scientific excellence solely to the beauty business for over a century. Our goal is to offer the best of beauty to people worldwide, with a focus on quality, efficacy, safety, sincerity, and responsibility. At L'Oréal Operations, we create innovative, inclusive, and sustainable beauty together with our business partners by designing, developing, sourcing, manufacturing, and distributing over 6 billion products globally every year. We support over 36 brands across four L'Oréal divisions. We are consumer-oriented, and we act responsibly all along the value chain. Come join our dynamic team! Optimize levels of component/raw material inventory through the implementation of strategic supply chain agreements with suppliers and inventory management strategies. This position is responsible for implementation of strategic supply chain agreements with suppliers including material release agreements and inventory management strategies. L'Oréal is seeking a seasoned Senior Component Supply Planner to ensure the availability of critical components and materials for manufacturing our iconic beauty and cosmetic products. For this role, you should be adept in materials supply planning, inventory management, supplier relationship management, leadership through influence, project management, continuous improvement, and performance metrics and reporting.

Requirements

Bachelor's degree in business or supply chain discipline required.
4+ year(s) of prior planning experience in a high-performance manufacturing facility.
Advanced proficiency in Microsoft Office.
SAP experience required.
Excellent verbal and written communication skills.
Ability to handle multiple tasks and priorities simultaneously.
Strong leadership skills with relevant experience in project management, manufacturing practices, and dealing with internal/external customers.
Must be able to showcase strong analytical skills.
Ability to manage and implement change, provide program management, and achieve results.
Ability to develop short and long-range plans that meet established objectives and contribute to the overall goals and mission of the company.

Nice To Haves

APICS, CIPM, or NAPM, CPM certification preferred.

Responsibilities

Materials Supply Planning: Collaborate with cross-functional teams to understand production schedules, sales forecasts, and product demand fluctuations.
Monitor and analyze demand patterns, material consumption, and supplier performance to make data-driven decisions.
Responsible for AC/raw materials order placement and verification of delivery with suppliers
Review Material Requirements Plan (MRP) and/or action messages to initiate supply chain requirements with focus being short to medium term (1 to 6 months)
Consider customer priorities, UP economic constraints, and line and vessel availability in the schedule.
Perform call-offs of AC/raw materials to ensure the feasibility of the short-term plan with minimum stock coverage
Update and monitor reporting systems to ensure appropriate progress of the fixed schedule, vendor production, deliveries and launches.
Inventory Management: Implement inventory optimization techniques to minimize excess or obsolete inventory while ensuring a reliable supply for production.
Regularly assess and adjust safety stock levels based on demand variability and lead time fluctuations.
Manage inventory aging and obsolescence, and propose corrective actions as needed.
Ensure the accuracy of UP inventories of all article types and oversee inventory management and the applicable reporting methods, including DOS and financial landings to Trend & Budget
Execute Bills of Materials (BOM)
Limit/control of expiration.
Identify, analyze, and reconcile inventory discrepancies.
Reduction/prevention of Excess & Obsolete
Data accuracy management in SAP
Internal & Supplier Relationship Management: Cultivate and maintain strong relationships with component suppliers, negotiating terms, addressing supply constraints, and ensuring timely deliveries.
Collaborate with suppliers to improve lead times, quality, and cost-effectiveness while adhering to ethical and sustainability standards.
Follow call-offs and be the first line of communication with the supplier in the event of an exception.
Work with Launch Managers and various support groups to accomplish the new product implementation process.
Responsible for order placement and verification of delivery with suppliers over a rolling 12-month period.
Interact with various support groups such as Safety, Finance, A/P, Processing, and warehouse to achieve common goal.
Perform other responsibilities and support projects, as required.
Leadership through Influence: Provide guidance, mentorship, and training to junior planners, contributing to their knowledge base and growth within the organization.
Foster a collaborative and innovative team environment that encourages knowledge sharing and continuous improvement.
Project Management & Continuous Improvement: Continuously identify and implement process improvements within materials planning and procurement functions to enhance efficiency and reduce costs.
Lead and manage supply chain projects to enhance stakeholder collaboration, align supply chain activities with business goals, and drive optimization efforts.
Performance Metrics and Reporting: Utilize advanced supply chain management tools and systems to analyze complex data sets, derive actionable insights, and support informed decision-making.
Generate sophisticated reports and dashboards to communicate supply planning performance, trends, and opportunities to senior management.
Monitor and communicate key performance indicators (KPIs) related to materials procurement.

Benefits

Salary Range : $77,400 - $110,300 (The actual compensation will depend on a variety of job-related factors which may include geographic location, work experience, education, and skill level)
Competitive Benefit Package (Medical, Dental, Vision, 401K, Pension Plan)
Flexible Time Off (Paid Company Holidays, Paid Vacation, Vacation Buy Program, Volunteer Time, Summer Fridays & More!)
Access to Company Perks ( VIP Access to L'Oréal's Internal Shop for Discounted Products)
Learning & Development Opportunities for Career Progression (Unlimited Access to E-learnings, Lunch & Learn Sessions, Mentorship Programs, & More!)
Employee Resource Groups (Think Tanks and Innovation Squads)
Access to Mental Health & Wellness Programs

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