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F
Fortive
Buyer/Planner
Career Insights for Materials Analyst
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Based on Ohio data
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What they do
A Materials Analyst evaluates material needs and material costs for production and logistics processes of a company. May work closely with Inventory Analyst to analyze the inventory ordering process. Uses statistical models to predict material requirements and costs.
$81,718 / year median in Ohio
+7% projected growth
Job Description
About the Job As a Buyer/Planner you will coordinate the flow of materials through the complete production cycle. Support customer on-time delivery by developing production/supply plans based on demand forecasts, availability of materials, and manufacturing capacity. Define and maintain appropriate planning parameters in ERP systems to optimize subassembly production and raw material supply plans. Evaluate and analyze data regarding processes and systems. Resolve problems with inventory, production schedules, or materials shortages and implement countermeasures to avoid future problems. Establish a balance between supply and customer demand to optimize inventory turnover. Responsibilities
- Communicate and coordinate with factory teams to ensure continuous supply of product, meeting quality and delivery standards
- Resolve any vendor line stopping issues
- Drive forward our Lean culture by implementing consignment, Kanban, just-in-time, postponement, and other materials strategies to reduce inventory while maintaining inventory availability
- Develop action plans and countermeasures with schedulers, development, and factory teams for inventory control
- Participate and initiate continuous improvement through use of appropriate FBS (Fortive Business System) tools Qualifications
- Bachelor's degree in Supply Chain, Business, or similar relevant experience
- Proven ability to solve complex problems related to inventory control
- Must be proficient in Excel (advanced formulas, pivots, if/then)
- Self-starter who seeks out ways to improve processes before being asked
- Ability to deliver results in a fast paced, metric driven environment
- 2+ years of experience in planning and lean inventory management
- Understanding of material flow and replenishment methods
- The ability to prioritize and balance multiple projects/tasks at one time
- Demonstrated ability to communicate effectively with cross-functional teams Fortive Corporation Overview Fortive's essential technology makes the world safer and more productive.