Supply Network Inventory Planner
bp
Job Description:
We are seeking a detail-oriented and proactive a Supply Network Inventory Planner to handle the inventory policies and strategies for our regional teams. This role ensures the overall inventory strategy embraced by supply planners for the is relevant and appropriate - driving accurate stock segmentation, safety stock refreshing and monitoring, managing stock coverage to avoid excesses, and managing the regional efficiency improvement roadmap.
By using our Global Planning Digital tool, the Supply Network Planners lead the overall inventory strategy - across Finished Goods (FG) and Raw Materials (RM). They work closely with replenishment, production and raw material planners to ensure parameters and strategies are updated and actively followed.
The Supply Network Planner owns slow moving and excess (SLOBs) processes, and they use these to diagnose root cause reasons for failure stock appearing and they own and develop plans to identify a correction at source.
The role requires proven supply planning experience, combining strong analytical and digital planning tool expertise, together with the ability to champion collaborative working relationships with supply chain planning colleagues in Pune and across other markets.
What you will deliver (responsibilities)
Inventory Replenishment Strategy
Develop and own the Inventory strategy and replenishment policies for the region, bringing the Global Planning Playbook to life for the local market.
Ensure strategies are written, agreed and executed for updating finished good segmentation, working with Sales & Operations Planning (S&OP) and Planning Delivery Leads to sign off a plan with Supply Planners for execution in the planning tool.
Handle safety stock strategy - ensure this is performed in line with global requirements with an impact assessment and approval from vital planning and market stakeholders.
Own and ensure appropriate inventory planning data is updated in line with global planning governance requirements (lead times, service levels, replenishment parameters).
Inefficient Stock / SLOBs management
Own analysis of LOBs and high coverage inventory, to identify root cause areas.
Own the process of working with supply replenishment planners, production planners, demand planners and others to identify sell-off options as well as address root causes.
Work with the Finance team on costs to address appropriate provisioning.
Own and drive the local inventory efficiency roadmap to drive to target days of coverage (DOC).
Collaboration & Stakeholder Management
Closely work with Supply Planning Delivery lead, Production Planning, and Raw Material planning teams to align inventory strategies with business objectives.
Support the S&OP processes by working closely with the S&OP Manager, providing insights in inventory projection against inventory roadmap and SLOBs progress, and identifying corrective actions, as required.
Systems & Reporting
Use our end-to-end planning tool to carry out inventory modelling and updating safety stocks; using scenario functionality to look at "what if" options to review inventory strategy impacts and to optimize inventory levels.
Track and analyze key performance indicators including Days of cover, stock turn rates, and SLOBs percentage of total finished goods.
Drive process improvements to enable inventory efficiency and responsiveness.
What you will need to be successful (experience, job requirements & qualifications)
Education:
Experience:
You will work with
Supply-chain planning team for your region, and the Planning & S&OP managers and S&OE delivery leads in the regions as well as other colleagues across the Supply-Chain function.
Why join bp
At bp, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly.
There are many aspects of our employees' lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, and excellent retirement benefits, among others!
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Travel Requirement
Up to 10% travel should be expected with this role
Relocation Assistance:
This role is eligible for relocation within country
Remote Type:
This position is not available for remote working
Skills:
Agility core practices, Analytical Thinking, Commercial Acumen, Communication, Cost Management, Creativity and Innovation, Decision Making, Digital fluency, Inventory Management, Negotiation planning and preparation, Resilience, Risk Management, Sourcing strategy, Supplier Performance Management, Supply Chain Development, Supply chain management, Sustainability awareness and action
Legal Disclaimer:
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp's recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.
If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.
We are seeking a detail-oriented and proactive a Supply Network Inventory Planner to handle the inventory policies and strategies for our regional teams. This role ensures the overall inventory strategy embraced by supply planners for the is relevant and appropriate - driving accurate stock segmentation, safety stock refreshing and monitoring, managing stock coverage to avoid excesses, and managing the regional efficiency improvement roadmap.
By using our Global Planning Digital tool, the Supply Network Planners lead the overall inventory strategy - across Finished Goods (FG) and Raw Materials (RM). They work closely with replenishment, production and raw material planners to ensure parameters and strategies are updated and actively followed.
The Supply Network Planner owns slow moving and excess (SLOBs) processes, and they use these to diagnose root cause reasons for failure stock appearing and they own and develop plans to identify a correction at source.
The role requires proven supply planning experience, combining strong analytical and digital planning tool expertise, together with the ability to champion collaborative working relationships with supply chain planning colleagues in Pune and across other markets.
What you will deliver (responsibilities)
Inventory Replenishment Strategy
Develop and own the Inventory strategy and replenishment policies for the region, bringing the Global Planning Playbook to life for the local market.
Ensure strategies are written, agreed and executed for updating finished good segmentation, working with Sales & Operations Planning (S&OP) and Planning Delivery Leads to sign off a plan with Supply Planners for execution in the planning tool.
Handle safety stock strategy - ensure this is performed in line with global requirements with an impact assessment and approval from vital planning and market stakeholders.
Own and ensure appropriate inventory planning data is updated in line with global planning governance requirements (lead times, service levels, replenishment parameters).
Inefficient Stock / SLOBs management
Own analysis of LOBs and high coverage inventory, to identify root cause areas.
Own the process of working with supply replenishment planners, production planners, demand planners and others to identify sell-off options as well as address root causes.
Work with the Finance team on costs to address appropriate provisioning.
Own and drive the local inventory efficiency roadmap to drive to target days of coverage (DOC).
Collaboration & Stakeholder Management
Closely work with Supply Planning Delivery lead, Production Planning, and Raw Material planning teams to align inventory strategies with business objectives.
Support the S&OP processes by working closely with the S&OP Manager, providing insights in inventory projection against inventory roadmap and SLOBs progress, and identifying corrective actions, as required.
Systems & Reporting
Use our end-to-end planning tool to carry out inventory modelling and updating safety stocks; using scenario functionality to look at "what if" options to review inventory strategy impacts and to optimize inventory levels.
Track and analyze key performance indicators including Days of cover, stock turn rates, and SLOBs percentage of total finished goods.
Drive process improvements to enable inventory efficiency and responsiveness.
What you will need to be successful (experience, job requirements & qualifications)
Education:
- Bachelor's degree in Supply-chain management, Logistics, Business, or a related field.
Experience:
- Proven industry experience of 8 to 10 years with 3 to 5 years in supply planning, replenishment, or inventory management within FMCG, food & beverage, or manufacturing industries.
- Proven experience in Supply Planning and Inventory Management using an advanced digital Planning tool
- Strong analytical skills and proficiency in supply-chain software (Kinaxis Maestro desirable) and ERP systems (SAP ECC, S4 Hana)
- Strong communication skills both written and verbal with the ability to work effectively with multiple stakeholders in supply-chain in India and other countries
- Ability to balance multiple priorities in a multifaceted and fast-paced environment.
You will work with
Supply-chain planning team for your region, and the Planning & S&OP managers and S&OE delivery leads in the regions as well as other colleagues across the Supply-Chain function.
Why join bp
At bp, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly.
There are many aspects of our employees' lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, and excellent retirement benefits, among others!
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Travel Requirement
Up to 10% travel should be expected with this role
Relocation Assistance:
This role is eligible for relocation within country
Remote Type:
This position is not available for remote working
Skills:
Agility core practices, Analytical Thinking, Commercial Acumen, Communication, Cost Management, Creativity and Innovation, Decision Making, Digital fluency, Inventory Management, Negotiation planning and preparation, Resilience, Risk Management, Sourcing strategy, Supplier Performance Management, Supply Chain Development, Supply chain management, Sustainability awareness and action
Legal Disclaimer:
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp's recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.
If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.
JOB SUMMARY
Supply Network Inventory Planner
bp
Pune
21 hours ago
N/A
Full-time
Supply Network Inventory Planner