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  • Job reference: RMS0145824

Inventory Planner

  • Sector: Automotive
  • Location: Gaydon
  • Job type: Permanent
  • Date posted: 10/11/2014
  • Time left:
    d h m s
This vacancy has now expired.
The Company:
A luxury Automotive OEM based in the West Midlands. After continued growth & success there are a number of new exciting engineering projects underway and we currently have requirements for experienced engineering professionals.

The Role:
To develop inventory policies on behalf of the business and MP&L to determine the level of working capital invested in across car stocks (WIP and finished goods) and car parts for production (including sub-assemblies). Work with the relevant functions within the business to agree the policies and ensure they are effectively implemented.

Key Responsibilities & Tasks
• Develop inventory policies for car and part stocks; review and agree these with impacted functions. Ensure the policies are reviewed and updated when required.
• Translate the inventory policies into minimum and maximum inventory levels, or other actionable inventory KPIs, for the impacted team members to work to, for example, minimum stock levels for production parts and maximum finished car stocks.
• Work with impacted team members to ensure the policies are understood and are actioned. Work closely with impacted team members to overcome issues to achieve the policy / KPI.
• Take the lead on behalf of the business for Visual Factory activities to ensure minimum inventory lineside.
• Liaise with the Logistics Provider and Inbound Supply Team to optimise Synchronised Material Flow and Visual Factory requirements. This means working on recommendations for how materials are delivered and stored at lineside to trade off working capital investment, cost and material availability at point of fit. This will create the basis for a ‘Plan for Every Part’.
• Work with Logistics Provider and Outbound Shipping Provider to understand and minimise space required for car parts and finished cars.

Key Performance Indicators
• Stock value (£) and stock turns for parts.
• Stock value of cars (£) and number of cars.
• Space cost and delivery of space reduction proposed plans.
• Delivery of plan for every part along with on time implementation.

Essential Skills / Qualifications:
• Experience in Inventory management, ideally in the automotive industry (production).
• Experience of kitting and sequencing from a warehouse to a production line would be a distinct advantage.
• An awareness of Vehicle Production System / Lean Manufacturing would be an advantage.
• Ability to communicate with tact and diplomacy, together with the ability to work accurately and efficiently, taking resourceful action during periods of considerable pressure.
• Automotive components experience desirable.
• Computer Literate essential.
• Degree or Higher diploma qualified or equivalent preferable.