Supply Planning Analyst

KEYENCE • Itasca, IL

5d • Onsite

About The Position

KEYENCE is hiring a Supply Planning Analyst at its U.S. Headquarters in Itasca, Illinois. The analyst helps determine what products to stock and in what quantities by forecasting demand, managing purchase orders with KEYENCE’s parent company in Japan and local suppliers, and reviewing inventory rules to prevent stockouts and excess inventory. The role begins with daily ordering and inventory reviews and can grow to ownership of forecasting and inventory strategy for assigned product lines. No prior purchasing experience is required; training is provided.

The position works across Supply Chain, Sales, Customer Service, customers, the warehouse team, product marketing, and international colleagues. The listed total compensation (base plus bonus) is $83,826, consisting of a $64,150 base salary and a $19,676 annual performance-based bonus paid quarterly. Benefits include medical, dental, and vision coverage, a 401(k) match, and approximately four weeks of PTO in the first full year. KEYENCE also describes a promote-from-within culture with opportunities for base and bonus increases.

Requirements

• Bachelor's degree in supply chain, Operations Management, Business, or a related field, or a degree in any major with process improvement experience such as Lean or Six Sigma.
• Intermediate Excel skills, including pivot tables, lookups, and formulas.
• Strong attention to detail and comfort with high-volume, recurring data review.

Nice To Haves

• Internship or coursework in purchasing, inventory management, or operations.
• Urgency and a long-term mindset, including resolving immediate shortages and improving inventory rules to prevent recurrence.
• Analytical ability to work with numbers and processes and balance product availability against inventory cost.
• Organization and dependability, including prioritizing tasks and owning recurring deadlines without reminders.
• Service-minded approach and clear written and verbal communication across Sales, Customer Service, and international colleagues.

Responsibilities

• Forecast demand using sales history and input from product marketing and sales teams.
• Place and manage purchase orders with the parent company to maintain product availability.
• Manage the monthly forecast and procurement of capital items in direct communication with the parent company.
• Analyze minimum/maximum reorder triggers and recommend adjustments to prevent stockouts and excess inventory.
• Source and purchase specialty items from local suppliers, including obtaining quotes, issuing purchase orders, and following up on delivery.
• Manage small-parts inventory levels using proprietary inventory systems.
• Lead slow-moving inventory reviews and coordinate with the warehouse team on disposition of low-turnover items.
• Use historical data to set monthly inventory budgets for sales lines.
• Review customer orders and release them to the fulfillment center for processing.
• Coordinate product availability information among Sales, Customer Service, and customers.
• Create and maintain standard operating procedures and recommend process improvements.
• Provide general support to the Supply Chain team as needed.

Benefits

• Medical, dental, and vision benefits.
• 401(k) match.
• Approximately four weeks of PTO in the first full year.
• Performance-based annual bonus target of $19,676, paid quarterly.
• Career growth through a promote-from-within culture, with base and bonus increases.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level