Vendor Managed Inventory Planner Job Job in Chicago, Illinois US
Description- Manage the day-to-day execution of customer vendor managed inventory (VMI).
Direct accountability for service improvements in assigned VMI customers with emphasis on inventory turns, replenishment and fulfillment.
- Lead the collaboration effort among the customer, demand planning, sales, distribution centers and sales finance to effectively manage inventory and forecast accuracy.
Identify and implement areas for improvement.
- Manage data integrity to facilitate timely and accurate order generation to deliver key business initiatives such as promotions, discontinued products and seasonality.
Ensure order accuracy through flawless execution in managing products, pricing/bracket compliance, allowances and shipment.
- Execute merchandise return, dump, transfer and donate as necessary.
- Use SAP and VMI tools to recognize trends and assess the impact to the forecast and order decisions.
Conduct VMI customer reviews to identify and implement opportunities for continuous improvement to increase profitability.
- Review and analyze historical data to develop seasonal inventory strategy by working with demand planning, sales and the customer.
- Monitor and report baseline customer service key performance indicators (KPI), including product availability, order fill rate, inventory turns, store service levels and on-time delivery and promotional analysis.
- Due to the ever-changing environment of our customers and the PepsiCo organization, VMI responsibilities may change as a result of the business needs, and are not limited to this jobRequirements: - BA/BS degree - 2+ years experience in VMI, inventory, buyer, logistics, planning, supply chain or customer service- Analytical, strategic thinker with a continuous improvement mindset- Problem solving, issue resolution, influencing and prioritization skills- Excellent verbal and written communication, collaboration and networking skills- Ability to develop and improve customer relations- Ability to speak in technical terms to a supply chain audience- Intermediate MS Office skills (Excel, Word, Outlook)
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