Packaging Replenishment Planner
Primary Purpose:
The Packaging Replenishment Planner manages, monitors, and plans the packaging material needs to support the daily/weekly finished good production schedule to produce the right amount of product, at the right cost, at the right time and in the right location. This role will assist in all supply planning duties including, but not limited to development of timely replenishment plans, analyzing inventory levels, entering stock transfers into ERP system, and lead efforts to reduce excess inventory and to reduce cost. To succeed in this role the ideal candidate should possess excellent communication skills, demonstrate the ability to identify both problems and solutions, be adept to detail, and strive for continuous improvement.
Responsibilities:
- Develop daily and weekly packaging replenishment schedules to maintain packaging stocking levels for production plants adhering to targeted inventory levels and warehouse capacity requirements while meeting/exceeding assigned KPIs.
- Develop daily and weekly material replenishment/purchase plan based on targeted inventory levels, production plans, and orders to fulfill customer orders while meeting/exceeding targeted Fill Rate.
- Execute the deployment/stock transfer of goods from our 3PL locations and utilize stock balancing activities to increase turns and to support the On-Time-In-Full (OTIF) metrics.
- Minimize excess and obsolete inventory by analyzing inventory levels and identify any areas of risk; communicate risks in a timely manner to appropriate members of the SC team/organization
- Leverage intelligence from internal business partners to assess production risks and elevate concerns to management
- Investigate any inventory or data issues by performing a root cause analysis to prevent chronic issues
- Support new product development initiatives by providing feedback regarding anticipated availability dates, volumes, or constraints