Supply Chain Buyer/Planner

HOSKIN & MUIR INC•Louisville, KY

2d•Onsite

About The Position

A Supply Chain Buyer/Planner is responsible for material planning, procurement, and inventory management within the supply chain operations of the company. Successful candidates for this position have a sharp eye for detail, possess strategic thinking capabilities, conduct data analysis, and demonstrate an understanding of supply chain processes and best practices. To succeed in this role, you should be professional, highly analytical, and possess excellent communication skills. The successful candidate should also have an in-depth knowledge and experience with forecasting, material planning, sourcing strategy development and execution, negotiations, contracts, cost analysis, cost savings generation and tracking, and supplier relationship management.

Requirements

Bachelor's degree in supply chain, Business, Finance, or other applicable major.
3+ years’ experience in purchasing, material planning, supply chain management or similar role.
Intermediate level skills in Microsoft Office Suite (Word, Excel, PowerPoint, etc.)
Strong ability to establish and maintain effective relationships within a small team and large interdepartmental collaborations.
Proven knowledge of strategic planning principles, supplier management, and inventory procedures.
Experience using ERP/MRP procurement systems. (SAGE, SAP, Oracle, FeneVision, etc.)
Negotiating skills with suppliers
Knowledge of market research, data analysis and purchasing best practices.
In-depth knowledge of procurement processes, supply chain management principles, and contract negotiation strategies.
Strong analytical skills and the ability to interpret data to drive informed decision-making.
Excellent written and verbal communication.
Strong problem solving/judgment skills with the ability to find creative solutions.
Ability to multitask in a demanding environment.
Strong mathematical and statistical knowledge.

Nice To Haves

CPSM, CSCP or other accredited certification a plus
Experience implementing or upgrading an ERP system.

Responsibilities

Balance supply with demand for all commodities; analyze and optimize inventory levels to support production and sales forecasts.
Collaborate with Finance, Operations, and Sales Team on Inventory Forecasting
Work as a key part of the SIOP team to drive alignment on inventory plan to support demand forecast and factory capacity constraints.
Analyze historical sales data, market trends, and growth projections to forecast future product demand.
Ensure proper material and goods inventory levels meet production requirements based on daily and forecasted sales requirement while ensuring maximum inventory turns.
Identify and resolve material shortages or discrepancies.
Conduct inventory obsolescence reviews; work with Finance to disposition and eliminate excess, obsolete and slow-moving inventory
Monitors and analyzes key performance indicators (KPIs) related to material planning, identifying areas for improvement and implementing corrective actions as needed.
Researching suppliers, monitoring market trends, supply chain disruptions, and industry developments to anticipate changes in pricing, availability, and supplier relationships.
Analyzing purchasing data, trends, and supplier performance to identify opportunities for cost savings, process improvements, and strategic sourcing initiatives.
Conducting Request for Quotes, negotiating, drafting, and managing annual or long-term supplier agreements, including terms and conditions, pay-terms, and best total cost.
Generating reports, dashboards, and presentations to communicate purchasing metrics and cost-saving initiatives to management.
Monitors and analyzes key performance indicators (KPIs) related to purchasing activities, identify areas for improvement, and implement corrective actions as needed.
Collaborating with various departments to align purchasing activities with organizational goals and objectives.
Set annual Item standards, track purchase price variance, issue P.O.s and track/expedite supplier shipments.
Conduct supplier quarterly business reviews and track vendor performance (on-time delivery, quality, price competitiveness).
Resolves supply chain issues, such as shortages or delivery delays, by coordinating with suppliers and internal stakeholders.
Maintain relevant data elements including lead time, MOQ’s, safety stock and other planning parameters.
Ensuring compliance with relevant regulations, policies, and procedures governing procurement activities, including ethical sourcing practices and supplier diversity initiatives.
Participate in the FeneVision ERP continuous improvement project to implement or upgrade business use modules.
Other duties as required and assigned.