What are the responsibilities and job description for the Production Planning and Inventory Control Manager position at The L.S. Starrett Company?
The Production Planning and Inventory Control Manager is responsible to improve the efficiency of production planning and control, inventory management, purchasing department and supplier’s payment terms to a manufacturing plant.
Key focus areas for this position are:
- Production Planning
- Materials Planning
- Purchasing
- Shipping/Receiving and Logistics
Key duties and responsibilities:
- Develops appropriate supply chain strategy to maximize customer satisfaction and on time delivery.
- Leads the supply chain team in executing best practices and measuring performance through agreed upon Key Performance Indicators (KPIs).
- Perform manufacturing capacity analysis and planning, production yields and scheduling data to identify gaps in the data requirements.
- Work with management and various functional teams, including Information Technology, Manufacturing, Engineering, Marketing and sales to provide on time delivery to all customers.
- Plans, manages, and coordinates all activities related to the sourcing and procurement of necessary raw materials, components and supplies needed to meet the levels of product demand.
- Develop plans to reach goals for inventory levels, turns and DPO – days of purchase outstanding to reduce the company working capital.
- Develop and implement specific strategies and actions to optimize supplier quality and on-time delivery metrics consistent with company goals.
- Mentor, train and develop personnel to support a robust production planning and inventory control process to satisfy both our internal and external customers.
- Maintain a friendly and professional relationship with vendors while promoting company initiatives and values
- Define delivery times for selected group of products.
- Reduce backorders; improve fill rates and boost on-time delivery
- Coordinate external forecasting requirements between sales, manufacturing, purchasing (Domestic and International suppliers), and logistics.
- Supports the company ERP / planning system.
- Ensure the success of Supply Chain initiatives for New Product Introduction.
Qualifications
- Outstanding analytical ability.
- Advanced user of Microsoft Excel.
- Leadership, decision making, and problem-solving abilities. Ability to work in a team environment and independently.
- Strong interpersonal communication skills - written and verbal.
- ERP systems experience. Oracle ERP planning experience is a plus.
- Quick learner with the ability to handle multiple tasks simultaneously, maintain focus, and adapt to a variety of challenges
- Strong sense of time management and urgency
- Mechanically oriented person with good understanding of manufacturing processes.
- Manage and maintain highly effective relationships with all internal and external partners, such as suppliers, members of the Management team, Manufacturing Operations, Engineering, Quality, Finance, Customer Services and Sales.
Education and Experience
- Bachelor’s degree in Mechanical Engineering (preferable) or Business Administration.
- 5 years in supply chain, purchasing, planning and production control management experience in a manufacturing environment.