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Senior Supply Chain Planning Analyst

Job Location Minneapolis, Minnesota

Overview

The Supply Chain Planning Analyst III is responsible for forecasting, planning and management of inventory needs for assigned categories.  Responsibilities include 1)  execute supplier forecasts and inventory replenishment to ensure meeting in stock goals 2) manage inventory to turn goals including establishing safety stock, lead times and minimizing excess, obsolete and aged inventory while leading optimization efforts 3) analyze, recommend and maintain system settings, tools and processes to ensure inventory in right place, right time, right quantity 4) proactively communicate gaps and solves to ensure 1st time complete to customer and lead improvement efforts 5) lead cross-functionally to improve processes and work on projects including Value Stream teams, product changes and Total Cost of Ownership development (internal and external). 

This role will be required to mentor and train the other team members as a SME in Oracle R12/Advanced Supply Chain Planning well as lead system and process best practices.

Primary Responsibilities

  • Forecasting and Replenishment
    • Plan, manage and execute product distribution over the planning horizon to ensure high service levels including PO releases and management
    • Plan and manage Supplier forecasts including proactive communication to Supplier and internal partners on forecasts, changes vs prior forecast and forecast accuracy (against PO releases)
    • Lead KPIs and processes to identify opportunities and teach out to leverage in all planning categories

  • Inventory management
    • Identify and solve for critical shortages
    • Proactive communication with internal customers’ expectations of availability and downstream impacts
    • Managing relationships with suppliers to eliminate constraints and meet objectives
    • Lead initiatives to minimize obsolete/aged inventory
    • Analyze, created, edit and track receiving of purchase orders for suppliers
    • Manage and inspect purchase orders to ensure on-time and complete fulfilment; inclusive of proactive management with Suppliers on-time shipping and delivery, fill rate and past due PO maintenance.  Ensuring critical information is provided by Supplier and providing Supplier and internal team members with KPIs to inspect Supplier performance.
    • Provide monthly and quarterly inventory targets and manage procurement to achieve targeted inventory levels on both a cost and unit basis. Achieve desired corporate inventory turn targets.
    • Leads initiatives to improve inventory turns
    • Support product development initiatives by ensuring all materials are available to fulfill launch requirements

  • Analytics
    • Lead and maintain item PFEP ensuring system settings meet the category inventory objectives (lead times, turn, safety stock, etc.)
    • Initiate total cost analysis to understand and balance inventory and replenishment requirement along with transportation, expediting, owned inventory and warehousing expenses to enable an informed decision for Supply Chain leaders
    • Analyze forecast accuracy and other key supply chain factors to drive appropriate safety stock levels
    • Understand end to end Supply Chain processes from production to fulfillment inclusive of Sleep Number manufacturing and assembly to Home Delivery
    • Advanced knowledge of Supplier end to end processes from raw material procurement to finished good production as well as lead times associated
    • Deep understanding of Supplier capacity and constraints
    • Drive strategic plan to ensure Sleep Number demand is met while managing to Sleep Number inventory goals
    • Provide internal partners and leadership with solutions, accessing inventory and total cost impacts
    • Identifying Supplier critical risks and providing mitigation solution, escalating or seeking support as necessary: on-time deliveries, fill rate, capacity constraints, safety stock
  • Create smooth operational flow with all cross-functional partners
    • Maintain strong partnership with Suppliers to ensure deliveries and commits are fulfilled on time
    • Partner with Sourcing to resolve capacity constraints and ensure safety goals at Supplier are established and maintained
    • Partner and coordinate with internal teams to resolve inventory/payment discrepancies
    • Provide inventory projections and risk scenarios for all new, changing or sunsetting products
    • Provide communication, direction and support to internal teams as required
  • Continuous Process Improvements
  • Evaluate existing processes for assigned categories and seek continual improvement opportunities to increase effectiveness and efficiencies; Ability to seek out support on putting plan into action
    • Ability to lead through changes with both internal and external partners gaining buy-in on future state improvements and capabilities

Requirements

  • Required: 5+ year of inventory planning and distribution and/or material planning/production scheduling experience
  • Required: Bachelor’s Degree
  • Preferred:  Master’s Degree (or Supply Chain course work certificated)
  • Preferred:  Lean experience (PFEP)
  • Preferred: Oracle R12 experience, Advanced Supply Chain Planning
  • Advanced level of Excel required
  • Working knowledge of all MS Office programs
  • Knowledge of MRP/MRPII and various replenishment processes
  • Advanced analytical ability required turning data into meaningful insights
  • Ability to provide business insights and strategies that are Executive Leadership ready
  • Proven record of taking insights into actions to achieve and advance goals and objectives
  • High level of attention to detail
  • Demonstrate a strong communication (written and verbal) and interpersonal skill set
  • Team oriented and ability to work in a highly cross-functional organization
  • Must be oriented for continuous improvement
  • Ability to train and mentor team members
  • Must have the ability to manage confidential and company proprietary information

Sleep Number is an equal opportunity employer, committed to recruiting, hiring and promoting qualified people of all backgrounds, regardless of sex; race; color; creed; national origin; religion; age; marital status; pregnancy; physical, mental, communicative or sensory disability; sexual orientation; gender identity or any other basis protected by federal, state or local law.

Job ID R396
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  • Operations and Supply Chain, Minneapolis, Minnesota, United StatesRemove