Inventory Management Associate

6 days ago

Mumbai, Maharashtra, India Sun Pharma Full time US$ 90,000 - US$ 1,20,000 per year

Job location: Remote working opportunity

POSITION PURPOSE:

The Associate, Inventory Management will assist in the execution of production plans for the Global Supply Chain organization, specifically ensuring efficient planning and flow of materials throughout the entire supply chain from the supply base to support product shipments for both new launches and existing production in global distribution centers. Will work with internal business partners and demand organization to determine requirements and develop production build plans which meet objectives, optimize inventory investment, and facilitate efficient utilization of manufacturing resources.

YOUR TASKS AND RESPONSIBILITIES:

  • Ensure execution of the Master Production Schedule (MPS) for production to support the objectives of assigned products globally.
  • Ensure timely execution of shipment releases to support demand requirements.
  • Analyze and provide recommendations on current inventory position vs. policies on weekly and monthly basis. Collaborate with Purchasing Agents and Sourcing Managers for joint responsibility in maintaining inventory levels within approved safety stock and inventory policy guidelines per the Service Level Agreements.
  • Track significant forecast-to-actual unit variances and recommend appropriate revisions to the demand plan while prioritizing product allocations during periods of constrained supply.
  • Utilize tools to analyze global inventory for a specific product group and align for optimal service level performance with minimal inventory in global network.
  • Plan and execute production and delivery of products to optimize customer On-Time-to-Release (OTTR), On-Time-Delivery ("OTD"), Past Due, Inventory Days of Supply vs. Excess, Forecast Accuracy along with other performance goals as outlined in Objectives.
  • Support revenue and inventory planning activities, participate in tiered accountability process, and interface with SBU contacts to ensure closed loop feedback.
  • Participate in product life cycle planning with Sales, Marketing, Finance, Packaging/Product Development and Technology to determine unit demand during new product introductions, product maturity and end-of-life periods.

WHO YOU ARE:

  • Bachelor's degree in business, supply chain, or a related field.
  • Minimum 3 years Material Planning, Scheduling and MRP/ERP experience (i.e. SAP, Oracle).
  • APICS certification preferred.
  • Demonstrated proficiency in utilizing Materials Requirement Planning (MRP) systems (Oracle, SAP, etc.) and Collaborative Planning tools
  • Strong problem-solving skills.
  • Advanced computer skills in Microsoft Office applications (Excel, Word, PowerPoint and Outlook).
  • Ability to work well with others.
  • Must possess good written and verbal communication skills.
  • Requires strong planning and organization skills.
  • Must be able to function in a team-oriented environment using independent judgment.
  • Ability to build and maintain positive, approachable rapport with superiors, peers, subordinates, and external company contacts.

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