Sr Inventory Planner
Honeywell
Job Description
Job Description
Job Description
As a Sr Inventory Planner here at Honeywell, you will play a crucial role in managing the optimization of inventory management and ensuring efficient supply chain operations. Your responsibilities will include managing a team of Inventory Planner Managers, developing and implementing inventory management strategies, analyzing demand patterns, and optimizing inventory levels to minimize stockouts and excess inventory. Strong analytical, communication, and leadership skills are essential for success in this role. Honeywell is an equal opportunity employer, promoting diversity and inclusion. Join us in shaping the future of technology and apply today. In this role, you will impact the career development of your direct reports and the business operations at Honeywell. By effectively managing inventory levels, optimizing supply chain processes, and cost management, you will improve customer satisfaction, minimize carrying costs, and reduce waste. Responsibilities KEY RESPONSIBILITIES- Drive implementation and continuous improvement of a robust material PFEP process including ABC classification, lead time, safety stock, MOQ, EOQ, ROP, DOS, FDS, and other inventory planning parameters.
- Extract, analyze, and interpret inventory, demand, supply, and lead-time data to identify trends, root causes, and opportunities to improve inventory performance and material flow.
- Collaborate with cross-functional teams to support S&OP processes, optimize inventory investment, and ensure timely and accurate material availability.
- Identify and resolve supply chain issues and material-flow bottlenecks through data-driven analysis and proactive alignment of supply plans with customer demand.
- Maintain material master data integrity and inventory record accuracy.
- Develop and implement comprehensive material management strategies aligned with growth, delivery, inventory, and working capital objectives.
- Establish and continuously improve stocking and replenishment strategies that maximize service levels while minimizing inventory and supply chain risk.
- Cultivate a culture of excellence and continuous improvement; lead and participate in inventory optimization and kaizen initiatives.
- Lead execution of the annual physical inventory event.
- Develop and communicate inventory performance metrics, insights, and recommendations to support business and operational decision-making.
- 3+ years of experience in materials management, procurement and/or logistics in a similar manufacturing environment
- Exceptional analytical skills with the ability to mine/interpret data and make data driven decisions to improve material flow and reduce costs
- Proficiency with materials management software and ERP systems to effectively manage inventory and supply planning activities
- Excellent verbal and written communication skills & interpersonal skills
- Ability to work independently and collaborate with cross-functional teams
- Proven track record of optimizing supply chain processes
- Bachelor's degree in Supply Chain Management, Business Administration, or a related field
- Lean manufacturing experience implementing process improvements and driving operational efficiency
- Knowledge of inventory management systems and procurement processes
- Experience in manufacturing or industrial supply chain environments
- Continuous learning and professional development mindset - CPIM, CSCP, or CTSC certification
Vacancy posted 3 days ago
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