Analyst, Supply Chain

Analyst, Supply Chain

Reports To : Director, Supply Chain

Position Location : Vernon Hills, IL

Work Type : Hybrid (3 days in office)

FLSA Status (Exempt / Non-Exempt) : Exempt

Position Summary : Manages forecast for finished good inventory and develops replenishment plans in accordance with Cole-Parmer's stocking strategies and inventory policies. Executes purchase orders to meet replenishment plan as well as customer demand variations to maximize customer service. Nurtures working relationships with vendors to ensure superb delivery performance and strong cost containment both in procurement and logistics.

Key Responsibilities :

• Analyze historical demand pattern alongside commercial inputs gathered through S&OP processes to generate accurate demand forecasts for all stocking items.
• Execute replenishment plan by placing economical purchase orders based on lead time, discount schedules, freight rates.
• Manage vendor relationship and resolve issues related to delivery performance, price variances, minimums, and logistics issues. Provide regular feedback on critical vendors to ensure proactive compliance to committed performance.
• Support life-cycle management of products through product introduction, growth, obsolescence and rationalization.
• Manages inventory levels to ensure days of supply goals are met; actively reduces slow, excess and obsolete inventory.
• Negotiates with vendors to minimize Cole-Parmer's total cost of ownership, though sourcing efforts and joint process improvement.
• Maintains critical supply chain data to support forecasting, customer communication and product planning throughout the organization.
• Participates in integration of Cole-Parmer acquisitions to drive additional value through supply chain optimization.
• Performs other duties as assigned.

Education :

Experience :

Qualifications :

Compensation & Benefits :

This position has not been approved for Relocation Assistance. The above statements are intended to describe the general nature and level of the work being performed by people assigned to this job. They are not an exhaustive list of all of the duties and responsibilities associated with it. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, or disability status.