Inventory Analyst

The Industrial Material Inventory Analyst is responsible for optimizing industrial material inventory across plants while ensuring compliance with Ford's inventory management and financial guidelines. The role serves as a key link between plant operations, engineering, purchasing, finance, and MPL teams to drive inventory efficiency, governance, and cost control. This is an end-to-end role in industrial material space.

• Ensure Plants operate with optimal level of Inventory for Machine spares Consumables with NIL risk to production
• Assess Demand/Consumption trends and ensure procurement orders and In-plant stocks are in line with changing demand
• Drive for collaborative working between plants on optimized Purchase reuse of IM Spares
• Drive reduction in Industrial Material Inventory in all Plants by achieve actuals in line with Budget
• Use New Age tools to drive process efficiencies Innovation
• Ordering Controls Review daily work chain for stock replenishment based on part usage, lead time, pricing, order on request, safety stock, pack qty, Minimum order quantity, etc.
• Review Back Order request RQ Mailbox on daily basis prioritize with respective teams
• Daily review of Critical Items and High-Value Items. Ensure the variance or reduction in stock is clarified with Plant teams for replenishment
• Govern the items; make the changes as per the requirement from Plant like Delete W/U (Where Used), Master Catalog Control changes, Part Status Changes, etc.
• Request quotation from Vendors/requestors for new parts/new programs. Place initial orders to fulfill safety stock requirements
• Follow up with supplier on past due orders; amend Promise Date in line with supplier response. Update requestors on shipment arrivals and contact purchasing to expedite purchase orders / RFQs / Deliveries. Escalate and seek support on potential delays and enable compliance to plan
• Support Plant-to-Plant Transfer Requests
• Provide shipment status to plants on all open orders; amend the procurement requests based on changing demand
• Constantly interact with plant shop floor managers to get the pulse of material requirements and ensure material stock and orders in pipeline are aligned to requirement
• Efficiencies: Work with plants to scrap / sell unused parts to third party / sell to alternate Ford plants to drive reduction in inventory and save space
• Coordinate between Plants Purchasing to drive common source procurement, thereby reducing procurement costs and inventory
• Deliver inventory actuals in line with budget, and support with any efficiencies that may be tasked
• System Improvements: Develop Excel Macro tools that track and monitor Industrial Material consumption/ demand trends and suggest procurement strategies that enables plants to operate Just in time
• Use New age tools (PEGA, Alteryx, R, Python, SQL) to simplify processes and drive improvements/innovation through predictive approach
• Governance
• Report out: Ensure monthly governance of all inventory input variables and report out on key deliverables
• This will be a North America Time Zone work profile (Night Shift).
• Industrial material here refers to non-production material. This includes all machine spares, cutting tools, hand tools, electrical components, power tools, coolants, gloves, abrasives, fuels, other consumables facility spares.