Materials Planner I

Job Summary The Materials Planner I role is responsible for purchasing components required for manufacturing department and/or other areas as assigned, managing execution of DPA’s (Demand Planning Agreements) in support of key Customers, managing component and finished good inventory levels, as well as planning the release of work orders to production based on incoming Customer orders, production capacity and availability of components in stock. The Materials Planner I has the primary day-to-day responsibility for ensuring the reliable flow of components from suppliers to the production floor and releasing work orders, as required to meet Customer orders. The Materials Planner I position is a key role within our strategic plan as we drive to balance 95% on-time Customer delivery while lowering inventory dollars. Candidate must be able to balance immediate and long-term priorities. This includes responsibility for profitability, inventory levels, capacity planning, on-time shipment, and cost control. The Materials Planner I will collaborate closely with Product Management, Production, Strategic Purchasing and Customer Service to support the RBU’s overall growth plan. Responsibilities • Develop and manage stock inventory levels for manufacturing based on usage and Customer stocking programs • Develop and manage Stocking/Replenishment program for products. Stocking programs with suppliers to minimize inventory while maximizing flexibility. Reduce lead time of components, resulting in reducing lead times to our Customers. • Issue purchase orders to component suppliers based on production demand and forecast • Determine component parts where forecasting should be used and coordinate with Strategic Purchasing on supplier-bonded inventory or blanket orders • Purchase components at the most favorable price consistent with quality, quantity, and specification requirements, as well as timely delivery of components • Manage component EOQ, MOQ, lead time, safety stock, and replenishment reorder point planning parameters • Provide reports on a regular basis on Customer demand planning agreements • Support new product development and project releases • Perform Production Planning functions within BaaN MRP modules • Based on incoming Customer orders, required ship dates, production capacity and available component inventory, release production orders to the shop floor • Perform daily functions within BaaN MRP modules to include: • Confirm and transfer purchase orders from MRP session • Release MRP and PRP production orders daily • Review product requirements and update work order schedules based on component availability and manufacturing lead time • Revise and coordinate production schedules with manufacturing based on customer demand • Establish and coordinate, with manufacturing, the priority in which work orders are kitted, released, and scheduled in production • Interface with Customer Service, Production, Shipping/Receiving, Quality, Strategic Purchasing, Engineering and Product Management • Meet inventory targets on assigned product lines • Coordinate, as appropriate, quality matters and engineering changes/developments between company activities and suppliers • Proactively report product and material availability issues • Maintain Item Master Data and revise essential planning data to ensure BaaN is effectively planning for future requirements • Plan, schedule, and monitor the movement of materials through the development, prototype, and production cycle • Expedite orders, as necessary. Identify actual and potential delivery problems and take proactive steps to inform appropriate personnel • Implement improvement processes to reduce inventory and non-value-added work • Demonstrate initiative by understanding wh