Inventory Planning Analyst

Job Description

Job Description

POSITION SUMMARY

The Inventory Planning Analyst will support the inventory planning and optimization function for RealTruck. The primary purpose of this role is to analyze inventory requirements, develop and maintain inventory policies, and support strategies that balance product availability, customer service, and working capital objectives. This role will partner cross-functionally with Supply Planning, Demand Planning, Operations, Procurement, and other business functions to improve inventory health across the network.

CORE FUNCTIONS

·       Support the development, implementation, and continuous improvement of Inventory Planning processes and procedures within the RealTruck S&OP process.

·       Analyze inventory levels across plants, distribution centers, and product groups to identify shortages, excess and obsolete inventory, and opportunities to improve inventory health and working capital.

·       Conduct regular reviews of inventory targets and planning parameters to ensure inventory policies remain aligned with changes in demand, lead times, supply performance, product lifecycle, and corporate inventory objectives.

·       Support the development and maintenance of inventory policies, including safety stock levels, stocking strategies, replenishment parameters, minimum and maximum inventory levels, economic order quantities, and Kanban sizing.

·       Develop, maintain, and analyze inventory dashboards and key performance indicators (KPIs), including inventory value, days of supply, inventory turns, fill rate, service level, excess and obsolete inventory, and inventory performance versus target.

·       Analyze inventory positioning across the distribution and manufacturing network and provide recommendations to improve product availability, reduce excess inventory, and optimize inventory deployment.

·       Analyze historical demand, forecast performance, lead times, order quantities, and inventory consumption patterns to identify opportunities to improve inventory planning parameters and stocking strategies.

·       Support continuous improvement initiatives focused on inventory optimization, working capital reduction, service-level improvement, and increased visibility into inventory performance across the network.

·       Identify slow-moving and excess inventory and partner with cross-functional teams to develop mitigation strategies, including inventory rebalancing, consumption plans, stocking policy changes, and other corrective actions.

QUALIFICATIONS & REQUIREMENTS

Education and Experience

·       Bachelor’s Degree in Supply Chain, Operations Management, Finance, Economics, or a similarly analytical discipline is required.

·       2-5+ years of related experience in Supply Chain or Operational Finance required.

·       Expertise in Demand Planning/Supply Planning/Inventory Management.

Skills, Abilities, and Knowledge

·       Versed with best-in-class ERP/MRP systems (use, calibration, setting of parameters) and other useful platforms (Excel, Access).

·       Ability to effectively present information to top management.

·       Ability to analyze and communicate numerical data utilizing analysis capabilities.

·       Ability to work cross-functionally with manufacturing, sales and finance.

Travel

·       Occasional travel may be required.

COMPETENCIES

·       – Synthesizes complex or diverse information; Collects and researches data; Uses intuition and experience to complement data; Designs workflows and procedures.

·       – Focuses on solving conflict, not blaming; Maintains confidentiality; Listens to others without interrupting; Keeps emotions under control; Remains open to others' ideas and tries new things.

·       – Displays willingness to make decisions; Exhibits sound and accurate judgment; Supports and explains reasoning for decisions; Includes appropriate people in decision-making process; Makes timely decisions.

·       – Identifies and resolves problems in a timely manner; Gathers and analyzes information skillfully; Develops alternative solutions; Works well in group problem solving situations; Uses reason even when dealing with emotional topics.

·       – Approaches others in a tactful manner; Reacts well under pressure; Treats others with respect and consideration regardless of their status or position; Accepts responsibility for own actions; Follows through on commitments.

·       – Balances team and individual responsibilities; Exhibits objectivity and openness to other views; Gives and welcomes feedback; Contributes to building a positive team spirit; Puts success of team above own interests; Supports everyone’s efforts to succeed.

·       – Speaks clearly and persuasively in positive or negative situations; listens and gets clarification; Responds well to questions; Demonstrates group presentation skills; Participates in meetings.

·       – Writes clearly and informatively; Edits work for spelling and grammar; Varies writing style to meet needs; Presents numerical data effectively; Able to read and interpret written information.

SUPERVISOR RESPONSIBILITIES

·       Individual Contributor

PHYSICAL REQUIREMENTS

·       This position is subject to Sedentary Work: Exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects. Sedentary work involved sitting most of the time. Walking and standing are required only occasionally.

Physical Activities

·       This position is subject to the following physical activities: talking and hearing.

Visual Acuity

·       The worker is required to have close visual acuity to perform an activity such as preparing and analyzing data and figures; transcribing; viewing a computer terminal; expansive reading; visual inspection involving small defects, small parts and/or operation of machines (including inspection); using measurement devices; and/or assembly of fabrication of parts at distances close to the eyes.

Working Conditions

·       This position operates in a professional office environment. This role routinely uses standard office equipment.

Perks That Go the Extra Mile :
At RealTruck, we take care of our people—because they drive our success. Enjoy great benefits like medical, dental, and vision coverage, company-paid life insurance and disability, and a 401(k) with company match (eligible the first of the month after you start). Need balance? We’ve got wellbeing days and parental leave. Want to grow? Take advantage of educational reimbursement. Plus, earn referral bonuses and score exclusive employee discounts on RealTruck products. Great benefits. Great people. Even better careers.

RealTruck is the premier manufacturer and digital destination of accessories for truck, Jeep®, Bronco® and off-road enthusiasts around the world. Globally headquartered in Ann Arbor, Michigan, RealTruck’s 6,000+ associates operate from 35+ facilities across four continents. RealTruck’s industry leading product portfolio, which includes the Husky Liners total vehicle protection brand, boasts over 1,000 patents and pending applications. The company’s omni-channel retail approach delivers a seamless consumer experience online at RealTruck.com, as well as through its 12,000+ dealer network and automotive (OEM) partnerships.

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