Inventory Analyst - Industrial Materials and Spares

Non-Production Inventory Analyst

1. Plants to operate with optimal level of Inventory for Machine spares & Consumables (Non Prod)
2. Drive for collaborative working between plants on Purchase & reuse of IM Spares
3. Predict Demand/consumption trends and ensure right Ordering methodologies
4. Work with Plant Operations and Finance teams to Forecast Inventory Trends and support in forecasting & Budgeting process 
5. Ensure optimal level of Ordering and systemic controls
6. Drive Inventory optimization TVM actions
7. Drive Digitization and Innovation tools and solutions

Industrial material Inventory

Industrial material Inventory

Generate Item, open order & transaction reports weekly 

Ensure optimal Ordering of spares

Review & Monitor IM Procurement with all plants SPOCs and validate if the procurements are done against right demand

Ensure 100% governance

Challenge any excess procurement with data & ensure orders are cancelled/postponed in line consumptionPerform Material Control Analyst role by approving any new part requests by validating Key input variablesDrive Inventory TVM Actions, avoidance and support in Inventory reduction initiativesNew Programs - IMGWork with Engg & Plant MP&L/Shops in validating all new program purchases for potential excess orders and support in ensuring only the right requirements are placedInventory EfficienciesWork with Plants, Engg & Purchasing in identifying Inventory reduction opportunities including Re-sale of unused spares, 3D Printing feasibility, Reuse of spares in alternate plants, etc..Governance ProcessEnsure Monthly Governance of all Input variables and report out any varianceBudgeting & Forecasting

Engage all Plant shop Managers & Plant finance teams in developing IM Inventory & Obsolescence Budget / Business plan

Ensure Monthly forecasting is done for all plants and support with necessary variance explanations

Deliver Inventory actuals In line with Budget & support with any efficiencies that may be taskedDigitization/ InnovationDevelop tools that tracks and monitors Industrial Material consumption/ demand trends and suggest procurement strategies that enables plants to operate Just in time

4. Job Qualification

Working Experience/

Special Knowledge

List of CompetenciesCompetencyProficiency LevelMP&L Business process / Plant Operations`Experience in Purchasing, Ordering & procurement of Industrial material sparesKnowledgeableData Analytical SkillsData crunching, Interpretation & Analysis100% requiredFinancial KnowledgeUnderstand Basic Accounting standardsKnowledgeableSystem ToolsUsing Datamart, GDIA, Microsoft Office tools, PEGA, Programming tools, etc..100% required

Experience Level

Mid Level