material planning Specialist

Responsible for end-to-end planning of inventory from purchase requisition to customer invoice. Support internal customer service inquiries. Sets inventory parameters, manages inventory targets, and ensure adequate replenishment of inventory through purchase orders.
Your Responsibility:
You must manage and review frequently critical and strategic materials. Share information towards the operational purchasers as well as towards the category managers. Manage engineering changes that affect material requirements. Manage relevant material master data for MRP run. Review and validate the MRP result.
You must review sourcing constraints in terms of material availability. Create and agree on forecasts of critical materials considering input from sales. Collaborate with Category Managers in case of significant volume changes and shifts. Decide in alignment with Category Manager on operational make or buy decisions on missing volumes.
You must define and revise stock level strategies. Segment the portfolio of materials through an ABC/XYZ analysis, product lifecycle management and commercial policy. Define inventory policies according to segmentation.
You will participate in the Sales & Operations Planning meetings and contributes to the process by creating inventory forecast for critical materials & suppliers. Review forecasts with suppliers in comparison with the Sales & Operations Plan, collect feasibility confirmations and provide input to the Sales & Operations Planning meetings. Contact the Category Managers in case of significant volume shift compared to the budget / supplier allocation plan.
You must calculate and maintain in the planning systems and the ERPs the inventory parameters: safety stock, reorder point, and replenishment strategies. Update ERP according to the agreed & approved inventory policy.
You must challenge price, incoterms, lot size, lead time, quality, and provide input to Category Managers. Collaborate for obtaining the best possible supplier performance.
You must collaborate with Operational Purchasers and CSS to align delivery of material with call offs and ensure that purchase requisitions can be converted on time into purchase orders and open orders followed-up.
You must manage MRP (Materials Resource Planning) exception messages frequently. Support cycle counting and/or year-end inventory counting. Conducts financial risk assessments decisions relating to inventory, conduct root case analysis when necessary.
You must analyze slow moving, excess & obsolete inventory, leftovers in WIP. Take appropriate action for optimizing inventory level, in collaboration with sales, marketing, manufacturing and SCM. Analyze component and product commonalities and discuss with engineering and product management and make proposals on combinations.
You must manage new project specific material and data requests. Contact the responsible Category Manager or Factory SCM to request quotation on price, lead time and other terms and conditions.
You must manage CSS interfaces and keep ownership on ensuring processes and link between local factories and CSS are aligned and working.
Living Hitachi Energy's core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and the business.