Material Planner/Supply Chain Analyst - Dayco

JOB LOCATIONS: Memphis, TNKEY DUTIES & RESPONSIBILITIES:Overall planning, purchasing, and monitoring of inventory levels to ABC standards and customer demand within budgetary targets and team KPIs/goals/objectives. Monitor all current inventory levels (finished goods/bulk) within warehouses, issue customer service orders (POs), reconcile inventory with ERP/warehouses, track order discrepancies, expedite backorders, track freight, review demand flow. Ensure an open line of communication with internal teams and vendors by promptly responding to email requests and providing updates on current/in-transit orders, past-dues, volumes, lead-times/fulfillment dates. Establish, track and report KPIs as required (inventory standards/values, excess values, lead times, fulfillment timelines, budget requirements, past-due units, fill rates, freight costs, on-hand/backorder/return rates, kit/ship accuracy rates, cost to carry, safety stock, non-working inventory, supplier quality index, etc. Regular analysis of inventory forecasts/sales/supply chain data to evaluate requirements and ordering needs. Provide improvement recommendations on inventory reporting, processes, sourcing, and efficiency enhancements, using best practice measures. Track, measure and dispose of excess inventory, as necessary. Collaborate with internal teams to communicate updates on inventory/sourcing/lead-times/analysis, identify/solve inventory issues, plan product packaging/purchasing. Assess freight options using cost and delivery considerations during supplier replenishment cycles to ensure optimal cost-benefit ratio in conjunction with the Traffic Manager. Periodically assist with pricing updates, reporting for planning/accounting/sales, review forecast accuracy, product launch coordination, data management, BOM management, inventory review of 3PLs, etc.