Lead Global Inventory Planner - Lisle IL

Lead Global Inventory Planner - Lisle IL

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Your job at Molex is seeking a Lead Global Inventory Planner to join our team to define supply strategies, inventory levels and replenishment policies to help achieve Molex customer service level requirements while keeping a balanced cost to serve to operate a profitable business. This role is responsible for gathering, validating, consolidating, and analyzing all inventory information on a continuous basis in support of GSOP&E processes to optimize Molex working capital, while driving results in inventory quality, DSI and service. This position can be located at either our Lisle, IL or Tampa, FL location.

Our team at Molex brings together innovation and technology to deliver electronic solutions to customers worldwide. With a presence in more than 40 countries, Molex offers a full suite of solutions and services for many markets, including data communications, consumer electronics, industrial, automotive, commercial vehicle and medical.

What You Will Do

• Develops inventory & replenishment strategies to support differentiated service level requirements and cost to serve models.
• Leads key planning master data integrity, working with all relevant Mfg. Plants and Supply chain hubs to ensure consistency, proper use, and optimization of master data values, including but not limited to (lead times, safety stocks, MOQ's, schedule margin keys, replenishment strategies, etc.).
• Provide training and guidance as required.
• Plays a lead role in orchestrating management of process and tools for settings of optimized multi-echelon safety stocks, cycle stocks, target inventories & re-order points.
• Establishes and controls (KPI's) key performance metrics and benchmarks relating to supply chain execution, inventory, and stock level targets.
• Drives RCCA processes on Inventory KPI's as well as setting targets for: Days of Supply (DSI), Inventory Quality (IQR), Days on Hand (DOH), and slow & excess (S&E) expense.
• Responsible for achieving high levels of inventory quality and industry leading days sales inventory (DSI) utilization to drive business growth with most effective working capital investments.
• Drives Root Cause and Corrective Action (RCCA) methodology in support of service level attainment.
• Leads topics with business owners and provides guidance for improving working capital effectiveness and projecting inventory levels for business approval.
• Drives participation in divisional level process flows, works instructions, best practices for Inventory, MRP Action Messages, Supply Orders, Data Integrity and Replenishment strategies.
• Participates in product reviews to understand New Product Introductions (NPI) and End of Life (EOL) programs for the customer.
• Supports Molex quality and safety programs by following approved policies and procedures.

For this role, we anticipate paying $85,000-$120,000 per year. This role is eligible for variable pay, issued as a monetary bonus or in another form.