Inventory Planner ( Remote) Job at Republic National Distributing Company
Republic National Distributing Company Atlanta, GA 30336
$70,000 - $80,000 a year
At Republic National Distributing Co., we Deliver Career Opportunities with Many Happy Hours!
Job Description Summary
An inventory Planner is responsible for managing an inventory for a specified group of suppliers or locations. This position is focused on maximizing gross margin, optimizing service levels, and reducing inventory carrying costs. They will be responsible for all inventory planning processes including resolving demand exceptions, procurement, and creating inventory plans to support both 13-week and 18-month planning horizons. The role will work directly with suppliers, when necessary, to resolve issues throughout the RNDC network. They will support key initiatives from the Supplier Business Development teams and sales, provide guidance on optimal supply chain and inventory plans to achieve business objectives.
RESPONSIBILITIES
Create/approve purchase orders. Maintain lead times, buying multiples, minimum order quantities and other master data to drive operationally efficient and cost-effective inventory.
- Execute within Due for Service guidelines and monitor KPIs to safeguard uninterrupted supply of products. KPI’s include but are not limited to days inventory on hand, inventory turns, supplier performance, inventory dollars, aged inventory, gross margin return on inventory.
- Manage stakeholder relationships with suppliers, RNDC operations, and key markets. Promote participation in the S&OP process.
- Monitor product life cycle changes and mitigate risks of excess and aged/obsolete inventory.
- Identify demand and supply imbalances recommend corrective action and seek approval.
- Establish and maintain safety stock targets for each SKU as well as monitor adherence to those targets and provide visibility to supply chain leadership team as needed.
- Utilize appropriate communication and escalation techniques to ensure issues are resolved in a timely and cost-effective manner.
- Execute tasks required to optimize inventory turns and improve working capital performance.
- Provide input to assist in vendor strategies, processes, and operational requirements.
- Other duties and responsibilities as assigned.
QUALIFICATIONS
BA/BS degree required. Concentration in Supply Chain, Mathematics, Finance or Business Administration preferred. 3-5+ years of relevant industry experience required. Wine & Spirits or Distribution industry experience preferred.
- Knowledge of Blue Ridge SCP and IBP modules, MicroStrategy, Excel, PowerPoint, or equivalent forecasting/S&OP tools, ERP exp preferred.
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