Sr. Raw Material Planner

divh2Sr. Raw Material Planner/h2pThe Sr. Raw Material Planner serves as a strategic business partner responsible for ensuring optimal material supply while driving financial performance through data-driven analysis and cost optimization. This role combines advanced supply chain planning with comprehensive financial analysis to support uninterrupted production, maximize profitability, and deliver best-in-class customer service. The position requires an analytical professional who can translate complex data into actionable financial insights and strategic recommendations./ph3Key Responsibilities/h3ulliSupply Chain Planning Optimization:/liulliDevelop and execute both short-term and long-term material plans that align supply and demand while optimizing working capital and inventory investment/liliEstablish and maintain optimal inventory levels that balance service levels, carrying costs, and obsolescence risk/liliProactively identify and resolve material shortages while minimizing expediting costs and production interruptions/liliCollaborate with local material coordinators and site supply chain managers to ensure seamless daily operations/li/ulliFinancial Analysis Decision Support:/liulliConduct comprehensive cost analysis including total cost of ownership, landed costs, and supplier price benchmarking/liliDevelop and maintain financial models for forecasting material costs, inventory valuation, and budget variance analysis/liliPerform detailed ROI analysis and financial justification for material sourcing decisions, supplier changes, and inventory optimization initiatives/liliAnalyze lead time trends and their financial impact on inventory carrying costs, stockout risks, and customer service levels/liliCreate detailed cost comparison reports for alternative materials, suppliers, and sourcing strategies/liliMonitor and report on key financial metrics including inventory turns, days of supply, and material cost variance/li/ulliStrategic Planning Forecasting:/liulliLead statistical analysis of demand patterns, seasonal trends, and market fluctuations to improve forecast accuracy/liliConduct sensitivity analysis and scenario planning for material cost impacts on product profitability/liliSupport annual budgeting and quarterly forecasting processes with detailed material cost projections/li/ulliStakeholder Management Process Improvement:/liulliFacilitate cross-functional collaboration meetings with stakeholders and vendors to review forecasts, purchase orders, and cost optimization opportunities/liliPresent financial analysis and recommendations to leadership team for material-related capital investments and strategic decisions/liliDesign and implement analytical tools and dashboards to enhance planning efficiency and financial visibility/liliDrive continuous improvement initiatives focused on reducing material costs, improving forecast accuracy, and optimizing inventory levels/li/ul/ulh3Required Qualifications/h3ulliEducation Experience:/liulliBachelors degree in Engineering, Supply Chain Management, Finance, Business Administration, or related analytical field/lili4-6 years of experience in supply chain planning, financial analysis, or operations management/liliDemonstrated experience in cost analysis, financial modeling, and budget management/li/ulliTechnical Skills:/liulliAdvanced proficiency in Microsoft Excel including financial modeling, pivot tables, and statistical analysis/liliExperience with ERP systems (SAP preferred) and advanced planning systems (APO/MRP)/liliStrong knowledge of financial principles including cost accounting, inventory valuation, and working capital management/liliProficiency in data analysis tools and statistical software (SQL, Power BI, or similar preferred)/liliUnderstanding of procurement processes, supplier management, and contract negotiations/li/ulliCore Competencies:/liulliExceptional analytical and quantitative skills with ability to derive insights from complex datasets/liliStrong financial acumen with experience in cost-benefit analysis and ROI calculations/liliExcellent business communication skills with ability to present financial analysis to diverse audiences/liliProven ability to work effectively under pressure and manage competing priorities/liliStrategic thinking capability with focus on continuous improvement and cost optimization/liliDetail-oriented approach with strong problem-solving and decision-making abilities/li/ul/ulh3Preferred Qualifications/h3ulliTraining Certifications:/liulliAPICS Supply Chain Operations Reference (SCOR) certification/liliAPICS Certified Supply Chain Professional (CSCP) or similar supply chain certification/liliSix Sigma Green Belt or equivalent process improvement certification/liliAdvanced Excel or data analysis certification/li/ulliAdditional Experience:/liulliExperience with commodity markets and raw material pricing trends/liliBackground in manufacturing environment with understanding of production planning/liliPrevious experience in supplier negotiations and contract management/li/ul/ulh3What We Offer/h3pJoin IFF, a global leader in taste, scent, and nutrition, where innovation meets purpose and financial excellence drives sustainable growth. We offer a collaborative environment that values diversity, inclusion, and professional development. This role provides the opportunity to make a significant impact on both operational efficiency and financial performance while working with cutting-edge analytical tools and technologies./ppOur comprehensive benefits package includes competitive compensation, performance-based incentives, comprehensive health coverage, retirement planning, and extensive professional development opportunities. Youll have access to advanced training programs, cross-functional project opportunities, and clear pathways for career advancement within our global organization./ppWe are committed to creating an inclusive workplace where all colleagues can bring their authentic selves to work, regardless of ethnicity, national origin, race, age, sex, veteran status, religion, gender identity expression, sexual orientation, or disability./ppIFF is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees./p/div