Material Planning & Inventory Control Engineer

Hyundai Motor Group Innovation Center In Singapore Pte. Ltd.; Singapore; On-site; SGD 80,000 - 110,000; Full time

Job summary

Hyundai Motor Group Innovation Center In Singapore Pte. Ltd.

is seeking a proactive supply chain professional to oversee material planning, inventory control, and supplier coordination in a fast-paced manufacturing environment. You will monitor material requirements, drive accurate planning, and ensure timely availability to support production, with close collaboration across planning, purchasing, and warehouse teams.

Responsibilities

• Plan and monitor requirements for raw materials, packaging materials, and consumables based on production schedules and customer demand.
• Generate, review, and manage material requirement plans.
• Ensure material availability to prevent production disruptions and stoppages.
• Coordinate closely with the Production Planning, Purchasing, and Warehouse teams to support production needs.
• Monitor inventory levels and maintain optimal stock levels.
• Analyze inventory turnover and monitor excess, slow-moving, and obsolete inventory.
• Conduct regular inventory reconciliation and cycle-counting activities.
• Ensure inventory accuracy and data integrity within the ERP system.
• Follow up with suppliers on delivery schedules, material availability, and shortages.
• Monitor suppliers' on-time delivery performance and address potential supply risks.
• Coordinate corrective actions to mitigate late deliveries and supply disruptions.
• Support supplier performance evaluation and continuous improvement activities.
• Ensure the timely receipt, storage, and issuance of materials.
• Coordinate inbound material schedules with warehouse personnel.
• Monitor material storage conditions and inventory movement in accordance with FIFO/FEFO principles.
• Support inbound logistics planning and material flow optimization.
• Review daily production plans and verify material readiness.
• Expedite critical materials to support urgent production requirements.
• Manage Engineering Change Notices (ECNs) related to material changes and implementation.
• Support new product launches through effective material planning and preparation.
• Monitor and report key supply chain and inventory KPIs, including inventory accuracy, stock availability, inventory turnover, and supplier delivery performance.
• Analyze material planning and inventory data to identify trends, risks, and improvement opportunities.
• Prepare regular reports and dashboards for management review and decision-making.
• Support continuous improvement initiatives to enhance material planning, inventory control, and operational efficiency.

Job description

1. Material Planning & Control

• Plan and monitor requirements for raw materials, packaging materials, and consumables based on production schedules and customer demand.
• Generate, review, and manage material requirement plans.
• Ensure material availability to prevent production disruptions and stoppages.
• Coordinate closely with the Production Planning, Purchasing, and Warehouse teams to support production needs.

2. Inventory Management

• Monitor inventory levels and maintain optimal stock levels.
• Analyze inventory turnover and monitor excess, slow-moving, and obsolete inventory.
• Conduct regular inventory reconciliation and cycle-counting activities.
• Ensure inventory accuracy and data integrity within the ERP system.

3. Supplier Coordination

• Follow up with suppliers on delivery schedules, material availability, and shortages.
• Monitor suppliers' on-time delivery performance and address potential supply risks.
• Coordinate corrective actions to mitigate late deliveries and supply disruptions.
• Support supplier performance evaluation and continuous improvement activities.

4. Warehouse & Logistics Coordination

• Ensure the timely receipt, storage, and issuance of materials.
• Coordinate inbound material schedules with warehouse personnel.
• Monitor material storage conditions and inventory movement in accordance with FIFO/FEFO principles.
• Support inbound logistics planning and material flow optimization.

5. Production Support

• Review daily production plans and verify material readiness.
• Expedite critical materials to support urgent production requirements.
• Manage Engineering Change Notices (ECNs) related to material changes and implementation.
• Support new product launches through effective material planning and preparation.

6. Reporting & KPI Management

• Monitor and report key supply chain and inventory KPIs, including inventory accuracy, stock availability, inventory turnover, and supplier delivery performance.
• Analyze material planning and inventory data to identify trends, risks, and improvement opportunities.
• Prepare regular reports and dashboards for management review and decision-making.
• Support continuous improvement initiatives to enhance material planning, inventory control, and operational efficiency.