Inventory Analyst

Ford Motor Company; Chennai District; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Ford Motor Company seeks an Industrial Material Inventory Analyst to optimize inventory across plants while ensuring compliance with inventory and financial guidelines. The role links plant operations, engineering, purchasing, finance, and MP&L to drive governance and cost control in the industrial material space.

Responsibilities include ensuring minimal production risk, analyzing demand trends, and coordinating plant-to-plant transfers.

Qualifications

• Experience in industrial material/inventory management or supply chain.
• Knowledge of procurement processes and inventory governance.
• Ability to collaborate across plants and functions.

Responsibilities

• 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 & High Value Items. Ensure the variance or reduction in Stock was getting 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 new parts & new programs. Place initial orders to full fill 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 & 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 requirement and ensure Material stock and orders in pipeline are aligned to requirement
• Inventory Efficiencies Work with plants to scrap / sell unused parts to 3rd party / Sell to alternate Ford plants to drive reduction in Inventory & save space
• Coordinate between Plants & Purchasing to drive common source procurement & support reduction in procurement costs, thereby Inventory
• Deliver Inventory actuals In line with Budget & 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 etc..) 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

Tools

Excel Macro tools

PEGA

Alteryx

R

Python

SQL

Job description

Job Description:

The Industrial Material Inventory Analyst is responsible for optimizing industrial material inventory across plants while ensuring compliance with Fords inventory management and financial guidelines. The role serves as a key link between plant operations, engineering, purchasing, finance, and MP&L teams to drive inventory efficiency, governance, and cost control. This is a end to end role in Industrial material space.

Responsibilities

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 & High Value Items. Ensure the variance or reduction in Stock was getting 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 new parts & new programs. Place initial orders to full fill 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 & 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 requirement and ensure Material stock and orders in pipeline are aligned to requirement

Inventory

Efficiencies Work with plants to scrap / sell unused parts to 3rd party / Sell to alternate Ford plants to drive reduction in Inventory & save space

Coordinate between Plants & Purchasing to drive common source procurement & support reduction in procurement costs, thereby Inventory

Deliver Inventory actuals In line with Budget & 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 etc..) 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

Qualifications

Requirements: