Procurement Planner

Company Description

Instron is a global organization that designs, manufactures, sells and services materials testing systems. Instron is a clear global leader in materials testing applications and its leadership in the marketplace is continually expanding. You will find that our established strength, commitment to our core values and team focus provides an engaging work environment and offers exceptional opportunities for personal and career development.

Job Description

WHAT YOU WILL DO:

• The Procurement Planner will manage inventory of all materials across multiple sites to enable the team to make customized products and deliver to the customer on-time in-full.
• Together with the Operations & Finance teams, you will build the inventory governance model and set inventory strategies to achieve business goals with the customer in mind
• Manage Make to Stock (MTS) and Make to Order (MTO) processes and coordinate Inventory replenishment methods and quantities.
• Take a data-driven approach and collaborate with buyers to order and to optimize inventory planning processes in our ERP system.
• Support identifying inventory discrepancies in warehouse and production areas and ensure the inventory is accurate in the ERP system.
• Monitor excess, slow moving, and obsolete inventory and recommend disposition on a timely basis to ensure ITW targets are achieved.
• Anticipate emergency conditions such as supply chain issues or shutdowns and take necessary actions to reduce their effect on operations
• Monitor inventory performance against plan and initiate actions where variances arise. Take corrective action on those items that are not within established inventory levels.
• Perform data analytics, devise and report KPIs to drive inventory performance and optimize storage costs
• Participate in weekly ECO (Engineering Change Order) process to evaluate revision, WIP (Work in Process) and impact to production.
• Support New Product Introduction planning, BOM reviews, part and assembly cost set ups.
• Participates in the plants cost reduction.
• Position may/will purchase materials, parts, equipment, and services.
• BOM structure analysis
• Planning for part obsolescence
• PowerBI (or similar) is a plus.
• APICS, CPSM or CSCP is a plus.
• Support New Product Introduction planning, BOM reviews, part and assembly cost set ups.
• Participates in the plants cost reduction.
• Position may/will purchase materials, parts, equipment, and services.
• BOM structure analysis

Qualifications

WHAT YOU WILL BRING:

• Education BS/BA in Supply Chain, Business, related area or equivalent.
• Knowledge of LEAN manufacturing and continuous improvement principles.
• Must have knowledge of industry, demand planning, inventory planning, item life cycle management.
• Good written and verbal communication skills.
• 3-5 years of sourcing / procurement experience.
• Background in Cost Reduction and Process Improvement initiatives.
• Robust interpersonal skills with an emphasis on problem solving, conflicting objectives, and dealing with multiple customers and various priorities.
• Familiar with basic accounting principles.
• Analytical mindset with ability to navigate through data.
• Proficient in Microsoft Office: Excel, Outlook, PowerPoint, Word, etc
• Experience working with any ERP.
• Kanban inventory knowledge

Additional Information

Take this opportunity to join a professional and successful team where you can make a significant impact immediately. Enjoy competitive compensation and generous benefits that includes health, dental, life and LTD insurance, paid parental leave, 401k (with match), and a generous tuition reimbursement program. 

Instron is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.

ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential. 

As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship. 

All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.