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Inventory Management Specialist (Remote)

PPL Corporation
Remote, Other
POSTED ON 8/10/2023 CLOSED ON 8/18/2023

What are the responsibilities and job description for the Inventory Management Specialist (Remote) position at PPL Corporation?

Company Summary Statement

As one of the largest investor-owned utility companies in the United States, PPL Corporation (NYSE: PPL), is committed to creating long-term, sustainable value for our 3.5 million customers, our shareowners and the communities we serve. Our high-performing regulated utilities — PPL Electric Utilities, Louisville Gas and Electric, Kentucky Utilities and Rhode Island Energy — provide an outstanding experience for our customers, consistently ranking among the best utilities in the nation. PPL’s companies are also addressing challenges head-on by investing in new infrastructure and technology that is creating a smarter, more reliable and resilient energy grid. We are committed to doing our part to advance a cleaner energy future and drive innovation that enables us to achieve net-zero carbon emissions by 2050 while maintaining energy reliability and affordability for the customers and communities we serve. PPL is a positive force in the cities and towns where we do business, providing support for programs and organizations that empower the success of future generations by helping to build and maintain strong, diverse communities today.

Overview

The Associate Inventory Management Specialist is an entry level position responsible for reporting, analyzing, and providing internal customer support to the various cross-functional teams supporting material inventory and inventory processes across the many operating companies for PPL, with the focus to improve the financial, quality, and efficiency performance of material inventory.  This includes sourcing, consolidating, and reporting data for pre-established and/or new deliverables, including an assessment of results that can translate to impactful tasks or areas of opportunity, crafting and communicating presentations/reports to influence various levels of an organization, identifying business opportunities, and driving continuous improvements at multiple stages within the supply chain. At an associate level, the individual contributor will be provided with training, guidance, and instruction on tools, processes, and analytical techniques to perform the work. The Inventory Management Associate is expected to quickly learn and adapt the tools and techniques beyond that provided by the leader, and quickly progress in knowledge and capability through self-learning aided by online media, formal training, and peer knowledge sharing.

Responsibilities

Position may be filled at the Associate, Intermediate, Senior or Lead level based on the successful candidate's background, education and experience.

  • Continuously optimize inventory levels, such as min/max, reorder point, and safety stocking levels to adjust for changing supply chain and other environmental (financial, systematic, business and physical) conditions.
  • Oversee the performance of material inventory management processes and related data for PPL’s operating companies, such as cycle counts, receiving, returns, average unit price, and inventory reconciliation. Work with company leaders to implement changes that improve and optimize performance.
  • Utilize Six Sigma analytical techniques, as needed, to improve and optimize business processes related to inventory management for all PPL operating companies.
  • Create and maintain the various material inventory reports, performance scorecards, and ad hoc analysis as required. Identify, collect, consolidate, interpret, and report bulk data in a visual manner to establish a collective understanding of results across multiple locations and categories.
  • Supports ERP implementation through data conversion validation, testing, and other activities as requested.
  • Manage the slow moving/obsolete inventory process. Recommends optimal movements, and coordinating with business line associates to disposition and financially reserve. 
  • Maintain emergent and storm stock for critical materials used in storm restoration and emergent outages.
  • Continually improve ongoing reporting, data analysis, and supply planning processes through automation and optimization with guidance from management.
  • All other duties and projects as assigned.

Qualifications

Position may be filled at the Associate, Intermediate, Senior or Lead level based on the successful candidate's background, education and experience.

 

Basic Qualifications (Associate level):

  • Bachelor's degree in a Supply Chain, Logistics, or a related business or technical field.
  • Strong analytical capability as demonstrated through the use of multiple analytical software tools (including Excel), various data analytical problem-solving techniques (such as Six Sigma), and use of those techniques to solve problems.
  • Demonstrated self-starter and team leader.
  • Strong customer service focus with ability to build credibility and interact with all levels within the organization and handle matters professionally.
  • Strong communication and presentation skills, both verbally and written.
  • General knowledge of transportation, logistics, supply chain, and/or finance.
  • Valid Driver's License is required

Additional Basic Qualifications:

Basic Qualifications (Intermediate level):

  • Minimum of three (3) years of experience in Inventory Management, Data Analysis, Supply Chain, Engineering, Finance, or similar highly analytical field. Experience with utilities or other regulated industry is desired, but not required.
  • Required intermediate level knowledge of Microsoft Excel and SQL, or other similar database querying software.
  • Strong analytical knowledge and skills as demonstrated through the use of multiple analytical software tools, various data analytical problem-solving techniques (such as Six Sigma), and use of those techniques to solve real-life problems. Demonstrated achievements showing financial or other performance benefits.
  • Self-starter and team leader, with strong organizational, leadership, project management and problem-solving skills and work independently.

Basic Qualifications (Senior level):

  • Minimum of five (5) years of experience in Inventory Management, Data Analysis, Supply Chain, Engineering, Finance, or similar highly analytical field. Experience with utilities or other regulated industry is desired, but not required.
  • Advanced knowledge of Microsoft Excel, business intelligence tools, and intermediate/advanced knowledge of SQL or similar.
  • Experience creating solutions for databases and datasets.
  • Advanced analytical knowledge and skills as demonstrated through the use of multiple analytical software tools, various data analytical problem-solving techniques (such as Six Sigma), and use of those techniques to solve real-life problems. Demonstrated achievements showing financial or other performance benefits. 
  • Strong customer service focus with ability to build credibility and interact with all levels within the organization and handle matters professionally.
  • Strong organizational, leadership, project management and problem-solving skills, with the ability to work well autonomously and take ownership of assigned work.
  • General knowledge of transportation, logistics, supply chain, and/or finance.

Basic Qualifications (Lead level):

  • Minimum of seven (7) years of experience in Inventory Management, Data Analysis, Supply Chain, Engineering, Finance, or similar highly analytical field. Experience with utilities or other regulated industry is desired, but not required.
  • Advanced knowledge of Microsoft Excel, business intelligence tools, and intermediate/advanced knowledge of SQL or similar.
  • Experience creating solutions for databases and datasets.
  • Advanced analytical knowledge and skills as demonstrated through the use of multiple analytical software tools, various data analytical problem-solving techniques (such as Six Sigma), and use of those techniques to solve real-life problems. Demonstrated achievements showing financial or other performance benefits.
  • Strong customer service focus with ability to build credibility and interact with all levels within the organization and handle matters professionally.
  • Strong organizational, leadership, project management and problem-solving skills, with the ability to work autonomously, engage others, and create teams to solve problems. .
  • Strong communication and presentation skills both verbally and written.
  • General knowledge of transportation, logistics, supply chain, and/or finance.

 

Preferred Qualifications (all levels):

  • Master’s degree
  • Six Sigma certification
  • Professional certification in Logistics, Supply Chain, or Inventory Management
  • Other professional certifications, such as PMP, CPA, or PE

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