What are the responsibilities and job description for the Inventory & Demand Planner position at Edmund Optics?
Inventory & Demand Planner
Job Locations
US-NJ-Barrington
Type
Full Time
Overview
Brief Summary :
We are seeking a detail-oriented and analytical Inventory and Demand Planner to drive demand forecasting, inventory optimization, and supply chain efficiency. This role ensures accurate demand planning using statistical models, market trends, and collaboration with key stakeholders. Additionally, the position focuses on improving supply chain processes, inventory management, and reporting to support business goals & KPIs.
Responsibilities
Essential Functions :
Manage forecast systems and master data in SAP & ForecastPro.
- Analyze and refine forecast accuracy using statistical models and sales input.
- Collaborate with Global Sales to track and adjust customer and OEM forecasts.
- Execute monthly forecast updates in SAP and manage select customer forecasts.
- Align forecasts with sales and marketing strategies in partnership with key stakeholders.
- Develop and refine reporting tools using Excel, Power BI, and ERP system.
- Optimize inventory levels using ION software to balance service and stock.
- Enhance supply chain reporting and performance tracking.
- Maintain and adjust MRP parameters, including Min Lot Size and ABC analysis.
- Manage End-of-Life (EOL) processes and obsolete stock analysis.
- Identify and address surplus or slow-moving inventory.
- Support additional analytical projects and strategies as needed.
Qualifications
Qualifications :
To perform this position successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill and / or ability required. Reasonable Accommodations may be made to enable individuals with disabilities to perform the essential functions.
Required Skills & Abilities :
Education / Experience :
Physical Requirements :
Ability to lift up to 15 pounds and operate office equipment such as a copier; ability to see details at a close range; ability to sit at desk or PC for long periods of time; ability to travel; work in office setting.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Think you meet some of the requirements but not all? Studies have shown that women and people of color are less likely to apply to jobs for which they do not meet every qualification. If you see a role that interests you, we encourage you to apply, regardless of whether or not your experience is completely aligned with the job description. Edmund Optics is committed to becoming the most diverse, equitable, and inclusive workplace within the Optics and Photonics Industry and beyond. You may be a great candidate for this role or others within Edmund Optics.
