Strategic Supply Planner: Demand & Inventory Optimization

Dayco; Memphis (TN); On-site; USD 65,000 - 85,000; Full time

Job summary

Dayco seeks a capable Supply Planner to manage inventory and demand forecasting across assigned product groups. You will coordinate with internal teams and external suppliers to optimize material flow, reduce excess inventory, and maintain service levels, leveraging APICS standards where applicable.

The role emphasizes collaboration across functions to align supply with customer demand and company objectives, including new product integration and continuous improvement initiatives across the

Qualifications

• Bachelor’s degree in Supply Chain Management, Logistics, Operations Management, Business Administration, or a related field preferred.
• 3-5 years of experience in Materials Planning, Inventory Planning, Supply Planning, Demand Planning, Master Scheduling, or a related Supply Chain function within a manufacturing or distribution environment.
• Proven experience developing demand forecasts through the analysis of historical sales data, market trends, inventory performance, and business requirements.
• Strong inventory management experience with demonstrated success in optimizing stock levels, reducing excess and obsolete inventory, and maintaining targeted service levels.
• Experience monitoring and managing supply chain performance through KPIs, reporting, forecasting accuracy measurements, inventory analysis, and operational performance metrics.
• Hands-on experience collaborating with suppliers, vendors, logistics providers, and internal stakeholders to manage replenishment activities, lead times, order fulfillment, and inventory availability.
• Experience supporting product launches, purchasing strategies, material planning activities, BOM management, and inventory control processes.
• Strong understanding of freight optimization, supplier replenishment planning, and cost-benefit analysis related to transportation and logistics activities.
• Experience working with third-party logistics providers (3PLs) and managing inventory visibility across multiple distribution locations.
• Demonstrated ability to identify process improvement opportunities and implement initiatives related to inventory optimization, supply chain efficiency, sourcing, distribution flow, and cost reduction.
• Experience participating in cross-functional projects involving planning, procurement, operations, logistics, customer service, accounting, and sales teams.

Responsibilities

• Demand Forecasting & Planning: Analyze historical data, market trends, and sales projections to develop accurate demand forecasts, ensuring optimal inventory levels.
• Inventory Optimization: Manage stock levels to prevent shortages and overages, implementing strategies to reduce excess and obsolete inventory while maintaining service level targets.
• Maintain clear communication with stakeholders and vendors by promptly responding to email requests and providing updates on current/in-transit orders, past-dues, volumes, lead-times/fulfillment dates.
• Establish, track and report supply chain KPIs as required.
• Regularly analyze data to create clear, data-driven reporting & presentations on inventory insights, forecast accuracy, and supply chain performance metrics to key stakeholders.
• Provide improvement recommendations on inventory reporting, processes, sourcing, and efficiency enhancements, using best practice measures.
• Manage Excess Inventory to track, measure, and oversee the disposal or repurposing of excess inventory to optimize stock levels.
• Collaborate with cross functional partners to provide updates on inventory, sourcing, lead times, and analysis while proactively identifying and resolving inventory challenges. Assist in planning for product packaging and purchasing strategies.
• Optimize freight & supplier replenishment to evaluate freight options based on cost, efficiency, and delivery timelines in collaboration with the Traffic Manager to ensure the best cost-benefit ratio.
• Generate reports for planning, accounting, and sales teams, review forecast accuracy, coordinate product launches, manage data and BOMs, and oversee inventory levels at third-party logistics providers (3PLs).
• Participate in projects and process improvement initiatives related to material and inventory requirements, distribution flow enhancements, new customer onboarding, and freight cost reduction.

Skills

Demand forecasting

Inventory management

KPIs & reporting

Supplier coordination

Cross-functional collaboration

Data analysis

Education

Bachelor’s degree in related field (Logistics/Supply Chain)

Tools

Epicor CMS

Kinaxis Maestro

Job description

Dayco seeks a capable Supply Planner to manage inventory and demand forecasting across assigned product groups. You will coordinate with internal teams and external suppliers to optimize material flow, reduce excess inventory, and maintain service levels, leveraging APICS standards where applicable.

The role emphasizes collaboration across functions to align supply with customer demand and company objectives, including new product integration and continuous improvement initiatives across the