Posted 2w ago

Specialist - Inventory Planner

@ Lennox
Chennai, Tamil Nadu, India
OnsiteFull Time
Responsibilities:Plan inventory, Monitor KPIs, Prepare reports
Requirements Summary:Bachelor’s degree; 6-10 years in Inventory/Materials Planning; SAP MM experience; strong Excel skills.
Technical Tools Mentioned:SAP MM, Excel, MRP
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Job Description
Job Description:
  • Support customer order redirection to alternate, superseding, or available SKUs during shortages or lifecycle
  • Collect, organize, and implement store feedback pertaining to stocking levels and assortment plans.
  • Support inventory planning to meet service level and fill-rate targets.
  • Translate demand signals into inventory plans considering lead times and variability.
  • Maintain and optimize safety stock, reorder points, and planning parameters.
  • Perform root cause analysis for stock-outs and service failures.
  • Assist SKU lifecycle planning, including phase-in and phase-out execution, supersessions, and depletion strategies to minimize E&O exposure.
  • Monitor and improve inventory health KPIs (availability, backorders, E&O, turns).
  • Conduct regular inventory target reviews and drive corrective actions to close gaps against service and inventory
  • Support new part introductions, supersessions, and lifecycle management.
  • Prepare MIS reports and dashboards for inventory performance.


Qualifications:
  • Any Bachelor’s (Inventory Planning certification preferred).
  • 6–10 years of experience in Inventory Planning / Materials Planning, preferably in Aftermarket or Service Parts.
  • Strong understanding of MRP and inventory planning concepts.
  • Hands-on experience with SAP (MM) or similar systems.
  • Strong analytical skills with advanced Excel proficiency.