Material Planner
Planning & Fulfillment Manager Your role and responsibilities In this role, you will have the opportunity to be responsible for end-to-end planning of inventory, including Sales in Excess of invoicing from purchase requisition to customer invoice. Each day, you will support internal customer service inquiries. You will also showcase your expertise by setting inventory parameters and targets and ensuring adequate replenishment of inventory through purchase orders, ensuring material availability as per manufacturing plan. The work model for the role is: #LI - Onsite This role is contributing to the Electrification Smart Power Division in Richmond, VA area. You will be mainly accountable to:
- Defining inventory policies based on specified segmentation.
- Segments and optimizes the portfolio of materials through ABC/XYZ analysis, product lifecycle management, and commercial policy,
- Responsible for end-to-end planning of inventory; Makes financial risk assessment decisions related to inventory and conducts root cause analysis when necessary; Supports cycle counting and/or year-end inventory counting; Analyzes excess and obsolete/aging inventory.
- Calculates and maintains the inventory parameters, including safety stock, reorder point, lot size, lead time, and replenishment strategies, in the planning systems and the ERPs.
- Collaborates with suppliers, drives the procurement process to achieve the best possible performance in terms of supplier on-time delivery, Minimum Order Quantity (MOQ), quality, lead time, and flexibility.
- Ensures availability of materials as per the master production schedule; Coordinates material planning with call-offs to ensure that purchase requisitions are converted into purchase orders in collaboration with operations buyers and services.
- Manages materials resource planning exception messages on a daily basis.
- Takes appropriate action for optimizing inventory performance, in collaboration with Operations Planner , Sales, Marketing, Manufacturing and Procurement and Logistics functions.
- B achelor's degree in engineering or relevant field with at least 5+ years of experience in material planning/purchasing/ supply chain
- SAP MM/PP experience is mandatory
- Data Analysis & reporting
- Inventory Management & Control
- Microsoft office tools
- Candidates must already have a work authorization that would permit them to work for ABB in the US.
- Choice between two medical plan options: A PPO plan called the Copay Plan OR a High Deductible Health Plan (with a Health Savings Account) called the High Deductible Plan.
- Choice between two dental plan options: Core and Core Plus
- Vision benefit
- Company paid life insurance (2X base pay)
- Company paid AD&D (1X base pay)
- Voluntary life and AD&D - 100% employee paid up to maximums
- Short Term Disability - up to 26 weeks - Company paid
- Long Term Disability - 60% of pay - Company paid. Ability to "buy-up" to 66 2/3% of pay.
- Supplemental benefits - 100% employee paid (Accident insurance, hospital indemnity, critical illness, pet insurance
- Parental Leave - up to 6 weeks
- Employee Assistance Program
- Health Advocate support resources for mental/behavioral health, general health navigation and virtual health, and infertility/adoption
- Employee discount program
- 401k Savings Plan with Company Contributions
- Employee Stock Acquisition Plan (ESAP)
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