Inventory Optimization Planner

Actalent; Dayton (MN); On-site; USD 52,000 - 72,000; Full time

Benefits offered by this job

Medical, dental & vision

401(k) Retirement Plan

Life Insurance

Disability

Health Spending Account

Transportation benefits

Employee Assistance Program

Time Off/Leave

Job summary

Actalent is seeking an Inventory Control Planner in Dayton, MN. You will analyze SKU and aggregate inventory data to identify opportunities to improve efficiency and overall materials management in a manufacturing environment.

You will lead data-driven, cross-functional initiatives, develop inventory control procedures, and create clear data-driven reports for leadership, collaborating with Manufacturing, Sourcing, Finance, and Business Leaders to optimize the multi-echelon inventory system.

Qualifications

• 5+ years of experience in manufacturing materials management.
• Strong inventory control and inventory analysis skills within a manufacturing environment.
• Hands-on experience with supply chain and production planning processes.
• Proficiency with ERP/MRP systems; Oracle experience preferred.
• Advanced ability to understand and utilize data and analytics to manage inventory and materials.
• Strong Microsoft Excel skills for data analysis and reporting.
• Exposure to and understanding of Power BI for data visualization and analytics.
• Demonstrated ability to work effectively in a global, cross-functional team environment.
• Strong analytical mindset with the ability to perform root cause analysis and interpret complex data sets.

Responsibilities

• Monitor and analyze SKU-level and aggregate inventory data to identify opportunities to improve inventory efficiency.
• Review inventory, delivery, cost, and planning data to detect underperforming areas or trends related to inventory management.
• Apply a deep understanding of multi-echelon inventory parameters to evaluate performance and identify causes of underperformance.
• Perform root cause analysis on inventory issues and propose corrective and preventative actions to address excess or insufficient stock.
• Identify bottlenecks, slow-moving inventory, and lead-time challenges to increase operational efficiencies.
• Develop and implement inventory control procedures that improve the accuracy and effectiveness of inventory management.
• Create and present clear, data-driven inventory reports to leadership, highlighting trends, patterns, risks, and areas for improvement.
• Collaborate closely with Manufacturing Managers, Manufacturing Planners, Sourcing, Business Leaders, and Finance to improve inventory performance across functions.
• Effectively identify, manage, and influence trade-offs between different functional priorities to minimize sub-optimization of the overall inventory system.
• Use ERP/MRP systems and analytical tools to support planning, materials control, and inventory decision-making.
• Leverage data and analytics to manage inventory and materials, ensuring alignment with supply chain and production planning requirements.

Skills

Inventory management

Data analytics

ERP/MRP systems

Power BI

Excel

Cross-functional teamwork

Root cause analysis

Lead-time management

Oracle experience

Education

Bachelor's degree

Tools

Oracle

ERP/MRP systems

Job description

Actalent is seeking an Inventory Control Planner in Dayton, MN. You will analyze SKU and aggregate inventory data to identify opportunities to improve efficiency and overall materials management in a manufacturing environment.

You will lead data-driven, cross-functional initiatives, develop inventory control procedures, and create clear data-driven reports for leadership, collaborating with Manufacturing, Sourcing, Finance, and Business Leaders to optimize the multi-echelon inventory system.