Mobile Demand Planner & Inventory Specialist

Samsung; Plano (TX); On-site; USD 70,000 - 105,000; Full time

Job summary

Samsung Electronics America, Inc. (SEA) seeks a MX Demand Planner and Inventory specialist to lead parts demand Forecasting for Mobile experience Parts operations, optimize inventory turnover, and support procurement for product development projects.

You will work with cross-functional teams to implement forecast models and ensure timely replenishment across warehouses. The role requires a BA/BS in a related field and 5+ years in demand planning or inventory control, preferably in hi-tech

Qualifications

• BA/BS degree in supply chain management, business or related field.
• 5+ years of supply chain, demand planning, or inventory control experience, preferably in hi-tech/consumer electronics.
• Strong understanding of inventory metrics, sales, margin, weeks of supply, safety stock, sell-through.

Responsibilities

• Develop or enhance demand forecast models based on industry trends and demand patterns.
• Coordinate demand planning with procurement to meet project schedules.
• Improve SOPs to expedite orders and ensure timely delivery.
• Provide management with forecast and inventory estimations and risk assessments.
• Monitor changes in sales forecasts and budgets, communicating to leadership.
• Analyze supplier performance and optimize costs while maintaining supply.

Skills

Demand forecasting

Inventory management

S&OP

Cross-functional collaboration

SAP

Education

BA/BS in supply chain management or related field

Tools

SAP

ERP systems

Job description

Position Summary

This role is not eligible for immigration sponsorship.

Samsung Electronics America, Inc. (SEA), the U.S. Sales and Marketing subsidiary, is a leader in mobile technologies, consumer electronics, home appliances, enterprise solutions and networks systems. For more than four decades, Samsung has driven innovation, economic growth and workforce opportunity across the United States-investing over $100 billion and employing more than 20,000 people nationwide. By integrating our large portfolio of products, services and AI technology, we're creating smarter, sustainable and more connected experiences that empower people to live better. SEA is a wholly owned subsidiary of Samsung Electronics Co., Ltd. To learn more, visit Samsung.com. For the latest news, visit news.samsung.com/us.

Role and Responsibilities

The MX Demand Planner and Inventory specialist is responsible for parts demand forecast of Mobile experience (MX) Parts Operation, inventory management including turnover, procurement reporting under GPCA organization. He/She perform demand planning activities including demand forecasting of parts, SCM activities, including inventory disposition of parts , develop effective forecast models based on industry trends, demand patterns, and implement solutions to improve demand forecast accuracy. The Demand Planning and Inventory specialist is responsible for faster parts turnover preventing aging at each parts warehouses. This includes management of alternative parts ensuring allocation of parts and FIFO is observe. Perform purchasing activities in accordance with ethical business standards and established purchasing policies and procedures. Support assigned organizations to fulfill the procurement needs and requirements of product development projects and activities. Work with cross-functional team with focus on policy and strategy implementation and control rather than development; short-term operational/tactical responsibilities. Typically, accountable for providing sufficient information for higher authority to make recommendations on budget and policies and for medium-term planning.

Responsibilities:

Demand Planning

• Development or enhancement of effective forecast models based on industry trends and demand patterns.
• Demand planners and procurement staff. Supports assigned organizations to fulfill the parts procurement needs based on demand forecast and requirements of product development projects and activities
• Enhance SOPs to adapt to change that places, processes or follows up on orders to expedite and ensure timely delivery to meet project schedules.
• Support management with risk assessments and mitigation activities and address demand-related issues in a timely and effective manner.
• Successfully communicate forecast and inventory estimations to management.
• Monitor and report on important changes in sales forecasts, budgets, and business strategies.
• Complies with purchasing policies, procedures, and internal controls to ensure the best prices and the most optimum delivery of materials, supplies, and equipment while enhancing their efficiency
• Conduct monthly forecast maintenance and directs the resolution of complex operational and organizational problems

Inventory Management

• Proactive sensing and oversight of potential excess and obsolete materials on and off site, Samsung owned and Vendor owned, on and off site
• Design and implement an inventory tracking system to optimize inventory control procedures including resources of the SAP system. This is to initiate and perform inventory control, initiate purchase requisitions and purchase orders, prepare purchasing reports, and record purchasing transactions
• Work with cross-functional teams including warehouse, BM-Finance, GBM, and HQ factory to examine the levels of parts supply including raw material to determine shortages, backorders, and aging.
• Measure parts turnover rate by SKUs and document daily deliveries and shipments to update inventory timely.
• Prepare detailed reports on inventory operations, parts sales, stock levels, scrap, and inventory adjustments.
• Perform daily analysis to predict potential inventory problems and evaluate new inventory to ensure it's ready for shipment.
• Order new supplies to avoid inefficiencies or excessive surplus.
• Analyze different suppliers to obtain the best cost-effective deals.

Skills and Qualifications

Minimum Qualifications:

• BA/BS degree in supply chain management, business or other related field
• A minimum 5+ year's applicable in supply chain and component or part sales experience or service parts (e.g. Demand Planning, Forecasting, Supply Planning, FIFO, Inventory Control Management, S&OP preferably in a hi-tech products or consumer electronics industry)
• Solid grasp and clear understanding of basic financial and inventory measures: sales, margin, weeks of supply, safety stock, sell thru, inventory turns.
• Knowledge of S&OP principles and practices.
• Strong interpersonal and facilitation skills with