Inventory Analyst - Fortune Brands : Job Details

Company Description Fortune Brands Innovations, Inc. is an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives. Our driving purpose is that we elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too. When you join Fortune Brands, you become part of a high-performing team who are empowered to think big, learn fast and make bold decisions. We support an inclusive and diverse culture where everyone is encouraged and empowered to be their authentic selves, and where our differences and unique perspectives are a key strength. Explore life at Fortune Brands here Job Description As the Inventory Analyst, you will be playing a critical role in maintaining our demand driven planning model (DDP) using the Orchestr8 (O8) system in conjunction with SAP/Oracle. You will work with the system to create buffers for our inventory for all brands across Fortune Brands Innovations and manage optimized inventory levels as an input to the materials planning and master scheduling processes. You will review outcomes, establish & maintain system configurations, as well as lead master data governance activities related to materials planning. Your key performance metrics in this role will center around the balance of customer service levels and inventory productivity for Fortune Brands Innovations (FBIN). The ideal candidate will have a bachelor's degree along with experience in materials and demand planning, inventory management, and analytics in a demand driven planning environment, or have used systems such as SAP, Oracle, or Orchestr8. This position is eligible for a hybrid schedule based out of our North Olmsted (OH) office. RESPONSIBLIITIES:

• Review and maintain the system for setting buffers in Orchestr8 (O8) Demand Driven Planning System. This includes maintaining the process, validating data, identifying data issues, performing analyses to optimize service and inventory productivity.
• Support power-users/planners on questions related to buffers. Seek feedback from Material Planners on routine buffer changes.
• Perform inventory What-If modeling in Orchestr8 (O8) Demand Driven Planning System to determine inventory impacts related to changes in the supply chain.
• Review the impact of buffer changes on forward plan volumes and how they impact service, capacity. Identify data issues, timing issues, and provide expert analysis. Establish standard processes and ensure consistency in supporting decision making.
• Perform material master governance over key fields that impact the Demand Driven processes and data model. Work with cross functional teams to continuously improve data quality where needed.
• Support new supply chain initiatives related to inventory and capacity as needed. This may include performing buffer simulations, determining methods to execute inventory changes and implementing those changes.
• Review service performance, inventory levels and premium costs required to deliver Quantity-On-Time improvements to target stock levels. Make recommendations to improve inventory performance and work with the appropriate functional managers and teams to ensure metrics are achieved.
• Support continued integration of all business units into standard supply chain processes.
• Develop and automate reports to support robust processes, troubleshoot problems and develop solutions.
• Continuously model excess inventory to determine and eliminate root causes.
• Provide analytical support for life cycle modeling including new product introduction and End of Life. Support projects to smoothly transition to the new product and minimize obsolete material. Work with project teams as necessary to execute the planned transition on time.

Qualifications

• Bachelor's Degree is required. A degree in Supply Chain Operations, Business, or a related field.
• Minimum of 5 years of experience in supply chain operations, including experience in demand/supply planning and/or inventory optimization.
• Skilled in data consolidation, analysis and tools such as Microsoft Access, Microsoft Excel, as well as detailed knowledge of MRP and pull systems.
• Demonstrated strong analytical capability as well as experience in process design/redesign and problem solving is required.
• Strong verbal and written communication skills, presentation skills, and the ability to establish cross functional relationships; ability to use data to influence decision making.

PREFERRED QUALIFICATIONS:

• Experience with SAP or Oracle is strongly preferred.Knowledge of Orchestr8 (O8) Demand Driven Planning System and/or DDMRP.

Additional Information At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates' unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits (including half-day summer Fridays per policy), inclusive fertility / adoption benefits, and more. We offer numerous Employee Resource Groups to support inclusivity and our associates' feeling of belonging at work. Fortune Brands is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. Our portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential. Fortune Brands is headquartered in Deerfield, Illinois and trades on the NYSE as FBIN Equal Employment Opportunity FBIN is an equal employment opportunity employer and does not discriminate against any applicant based on race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic. Reasonable Accommodations FBIN is committed to working with and providing reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information. Resumes submitted to this email address will not be responded to.