23 Sep
|
Ford Business Solutions
|
Chennai
23 Sep
Ford Business Solutions
Chennai
Job Summary
The Industrial Material Inventory Analyst is responsible for optimizing industrial material inventory across plants while ensuring compliance with Ford's inventory management and financial guidelines. The role serves as a key link between plant operations, engineering, purchasing, finance, and MPL teams to drive inventory efficiency, governance, and cost control. This is an end-to-end role in industrial material space.
Key Deliverables
- Ensure Plants operate with optimal level of Inventory for Machine spares Consumables with NIL risk to production
- Assess Demand/Consumption trends and ensure procurement orders and In-plant stocks are in line with changing demand
- Drive for collaborative working between plants on optimized Purchase reuse of IM Spares
- Drive reduction in Industrial Material Inventory in all Plants by achieve actuals in line with Budget
- Use New Age tools to drive process efficiencies Innovation
- Ordering Controls Review daily work chain for stock replenishment based on part usage, lead time, pricing, order on request, safety stock, pack qty, Minimum order quantity, etc.
- Review Back Order request RQ Mailbox on daily basis prioritize with respective teams
- Daily review of Critical Items and High-Value Items. Ensure the variance or reduction in stock is clarified with Plant teams for replenishment
- Govern the items; make the changes as per the requirement from Plant like Delete W/U (Where Used), Master Catalog Control changes, Part Status Changes, etc.
- Request quotation from Vendors/requestors for recent parts/new programs. Place initial orders to fulfill safety stock requirements
- Follow up with supplier on past due orders; amend Promise Date in line with supplier response. Update requestors on shipment arrivals and contact purchasing to expedite purchase orders / RFQs / Deliveries. Escalate and seek support on potential delays and enable compliance to plan
- Support Plant-to-Plant Transfer Requests
- Provide shipment status to plants on all open orders; amend the procurement requests based on changing demand
- Constantly interact with plant shop floor managers to get the pulse of material requirements and ensure material stock and orders in pipeline are aligned to requirement
- Efficiencies: Work with plants to scrap / sell unused parts to third party / sell to alternate Ford plants to drive reduction in inventory and save space
- Coordinate between Plants Purchasing to drive common source procurement, thereby reducing procurement costs and inventory
- Deliver inventory actuals in line with budget, and support with any efficiencies that may be tasked
- System Improvements: Develop Excel Macro tools that track and monitor Industrial Material consumption/ demand trends and suggest procurement strategies that enables plants to operate Just in time
- Use New age tools (PEGA, Alteryx, R, Python, SQL) to simplify processes and drive improvements/innovation through predictive approach
- Governance
- Report out: Ensure monthly governance of all inventory input variables and report out on key deliverables
- This will be a North America Time Zone work profile (Night Shift).
- Industrial material here refers to non-production material. This includes all machine spares, cutting tools, hand tools, electrical components, power tools, coolants, gloves, abrasives, fuels, other consumables facility spares.
📌 Inventory Analyst (Chennai)
🏢 Ford Business Solutions
📍 Chennai