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Inventory Planning Analyst

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Date: 17-Nov-2021

Location: ZAVENTEM, Belgium

Company: Bridgestone Europe NV/SA

 

 

 

 

Inventory Planning Analyst

 

Position Snapshot

  • Type of Contract: Permanent/ temporary/internship
  • Full-time/Part Time
  • Location:

 

The Company:

Bridgestone in Europe, Russia, Middle East, India and Africa (BSEMIA), headquartered in Zaventem (Belgium), is a subsidiary of  Bridgestone Corporation, a global leader providing sustainable mobility and advanced solutions.

In addition to our premium tire products, we offer a growing portfolio of tire-centric and mobility solutions. Together with our partners and guided by "Serving Society with Superior Quality”, that has been our mission since Shojiro Ishibashi founded Bridgestone in 1931, we are  working to accelerate sustainable mobility innovations and solutions. Through innovative technology,  we are committed to easier, safer, smoother and seamless mobility for our society and customers improving how people move, live, work and play .

Bridgestone also benefits from a significant retail network throughout the region – in fact our retail presence in the EMIA region is the largest in the tire industry. Through 17 distinct retail partners, we have around 3,500 outlets across Europe, the Middle East and Africa as well as around 2,500 outlets through our partner network in India. This network offers a selection of services, concepts and mobility solutions.

At Bridgestone we pride ourselves on the strong relationships we maintain with everyday drivers and this extensive retail network is one of the core reasons why.

 

 

Bridgestone EMIA

 

In line with the “Bridgestone Essence”, our work environment is based on integrity and teamwork, where everyone can learn from each other and contribute with their own ideas in achieving the coming goals.

We want to hear from people who can take the challenge, unleash their creative potential and contribute to the company success demonstrating ownership, courage and agility. We want you to develop your skills, expand your knowledge and be proud of your work.

 

As Inventory Planning Analyst, you are the main responsible for Inventory Planning and Inventory Management.

 

 

Inventory planning:

  • To settle the Stock Target, for both REPL and OE, Total Business Units,  including Regional, European and Manufacturing Distribution Centers
  • To plan together with Tactical and Operational Team the Monthly Inventory level with 18 months horizon. This include mapping total inventory, production, import, sales and export.
  • To define together with Logistics the optimal Distribution Centers (DC) set up. This include total inventory level per DC and  product groups to be stored at each DC (including good stock, OE SK, SMDS, 2A)

 

 

Inventory management:

  • Lead a PDCA process to analyze the quality of the stock (good stock, OE SK, SMDS, 2A) and do Root Cause Analysis on the slow moving inventory
  • Work with Sales and Product teams to identify countermeasures to keep OE SK, SMDS, 2A stock at lowest possible level
  • To work with Finance Team and make sure the accruals are set and managed correctly, in line with the Sales target
  • To simulate next 12 months Quality of the stock to optimize the Inventory Planning & take preventive action against generation of slow moving inventory
  • To identify and discuss with sales and LSCM team future risk on Service level (shortages) and opportunities
  • To identify and implement with Logistics Team, strategical and tactical process to best support overstock sales actions while keeping a close eyes on costs.

 

 

 

Stakeholders:

  • Regional LSCM Teams (Planning & Customer services)
  • LSCM - Tactical and Operational Teams
  • LSCM - Logistics & Distribution Planning Teams
  • Sales, Demand Planning and Product Teams
  • TCE Team
  • Finance Team

 

 

Main KPIs

  • Map of the Inventory, production, import, sales and export, for 18 months horizon  – Actual, Forecast, OB, Total channels. One map for Business Category (PC4, TBR, OTR, AG. MC).
  • Inventory management   - Quality of the stock. Actual, Projections, Targets. Sales actions Actual vs Forecast.
  • First Order fill

 

 

These KPI’s are part of the SO&P and OPCOM material, and once per month part of the LSCM Weekly Sales & Operations Execution meeting

 

As Inventory Planning Analyst, you are the main responsible for Inventory Planning and Inventory Management.


Inventory planning:
•    To settle the Stock Target, for both REPL and OE, Total Business Units,  including Regional, European and Manufacturing Distribution Centers
•    To plan together with Tactical and Operational Team the Monthly Inventory level with 18 months horizon. This include mapping total inventory, production, import, sales and export.
•    To define together with Logistics the optimal Distribution Centers (DC) set up. This include total inventory level per DC and  product groups to be stored at each DC (including good stock, OE SK, SMDS, 2A)


Inventory management:
•    Lead a PDCA process to analyze the quality of the stock (good stock, OE SK, SMDS, 2A) and do Root Cause Analysis on the slow moving inventory
•    Work with Sales and Product teams to identify countermeasures to keep OE SK, SMDS, 2A stock at lowest possible level 
•    To work with Finance Team and make sure the accruals are set and managed correctly, in line with the Sales target
•    To simulate next 12 months Quality of the stock to optimize the Inventory Planning & take preventive action against generation of slow moving inventory
•    To identify and discuss with sales and LSCM team future risk on Service level (shortages) and opportunities
•    To identify and implement with Logistics Team, strategical and tactical process to best support overstock sales actions while keeping a close eyes on costs. 

Stakeholders:
•    Regional LSCM Teams (Planning & Customer services)
•    LSCM - Tactical and Operational Teams
•    LSCM - Logistics & Distribution Planning Teams
•    Sales, Demand Planning and Product Teams
•    TCE Team
•    Finance Team


Main KPIs
•    Map of the Inventory, production, import, sales and export, for 18 months horizon  – Actual, Forecast, OB, Total channels. One map for Business Category (PC4, TBR, OTR, AG. MC). 
•    Inventory management   - Quality of the stock. Actual, Projections, Targets. Sales actions Actual vs Forecast.
•    First Order fill


These KPI’s are part of the SO&P and OPCOM material, and once per month part of the LSCM Weekly Sales & Operations Execution meeting. 

 

REQUIREMENTS:
Education: 
Master degree in supply chain planning/operations + 1st relevant experience in supply chain

 

Professional Experience: 

 Previous Supply Chain planning experience 
    Knowledge of supply chain concepts and planning concepts

    Knowledge in the following fields would be a plus:
- Inventory management and policies 
- Statistical demand profiles  
- DRP planning/processes and tools  
- Product life cycle management

 

Specific behavior & attitudes ;

 

    Strong analytical abilities
    Detail oriented , accurate and on time
    Discipline and rigor (e.g. Executing agreed procedures & WOW)
    Collaborative skills with LSCM, Sales and demand planning
    Team management
    Good communicator and ability to write in concise way
    Customer care driven
    Prompt reactivity in front of unexpected events
    Agility
    Flexible work schedule
    Mobile geographically within Europe

 

Language: Fluent English


More information


As Inventory Planning Analyst you are responsible for the stock target setting and data analytics development within the Inventory Planning team. 

Taking an end-to-end approach means there is a strong focus on collaboration with Logistics, Supply Chain, Customer Services, Sales & Marketing teams in regions and HQ.  

Next to the target setting the you will define, develop and implement the tools required to enable the Inventory Optimization initiatives.

The stock targets are set all across the network. As such, you are responsible for the calculation, master data maintenance, network simulation, and identifying improvement opportunities.

This includes the definition of the transportation lanes, which have to be aligned with the Logistics team ensuring the most efficient distribution of the goods while maintaining the required service level.


The stock targets are driving the Supply Plan, which is coming from EU factories, and by importing from overseas Bridgestone locations as well as off-take collaboration with competitors. Hence, the key task for the Inventory Planning team is process that drives:

-    Ideal stock target definition
-    Tactical or pre-build stock consideration for the Tactical horizon
-    Define the volumes to be pushed from MDCs, and set the targets at the ELC/RDC so they are pulled accordingly thought the DRP cycle.


One of the keys to success with Inventory Optimization is to digitalize the team’s activities and develop the required toolset. 

The goal is to transfer from data crunching to decision-making, and to automate non-value added tasks. You will also need to consolidate and exchange data across different systems, people, and functions; this data then needs to be turned to insights to: 
-    Give visibility throughout the organization
-    Feed into the Inventory PDCA process
-    Allow optimization opportunities (including machine learning applications)

You will be working closely with the Center of Excellence for Data & Analytics and will be growing your digital and data analytics skills. 

As you will be taking the lead on the inventory plan, and propose actions to the different stakeholders, you interact with many functions:
- Regional Planners to ensure the right level of stock target, by reviewing items where targets are not met as expected, and to support regional improvement initiatives
- Distribution Planning team to align the stock targets into DRP system and transportation parameters in IO
- Operational and Tactical Supply team to define and agree on stock target (which include pre-build and tactical stock based on the supply bottlenecks) 
- Logistic team to support the evolution of the network requirement 
- Regional Primary teams to manage the limitations of the Manufacturing Distribution Center surface space
- Customer Services and P2P team to understand the order management criteria and its exceptions
- Sales, Demand Planning and  Marketing Product Team  to identify actions to keep OE SK, SMDS, 2A stock at lowest possible level

You support the Regions in new ideas and projects related to improving customer satisfaction and improving availability. This can include Vendor Managed Inventory (VMI) or any other alternative ways of managing the stocks.


 

 

If you can demonstrate the skills we are looking for and would like to make a difference in a Pioneering company dedicated to shaping a sustainable future of real-world mobility solutions, join us at Bridgestone!

 

Process Next Steps: All applications will be reviewed. Our HR team will contact those applicants who we would like to invite for the next stage of the recruitment process.

 

Please don’t hesitate and apply at https://careers.bridgestone-emea.com/

We are looking forward to hearing from you!

You can learn more about our Group and reasons to join us on

https://bridgestone-emia.com/

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Disclaimer

Diversity and inclusion are a central part of Bridgestone EMIA’s values at the highest level. This is key for our people to show a passion for excellence for improving society connected to the world in which we live. Our commitment to diversity, is linked to our founders mission of ‘Serving Society with Superior Quality’, which is essential in shaping and creating the organization, serving all people, respectfully, connected to our business. We recognize that everyone is different and that attracting, developing and retaining our employees will create a sustainable working environment which is essential to our success. This means that all job applicants and members of staff will receive equal treatment and that we will not discriminate in particular on grounds of gender, marital status, race, ethnic origin, color, nationality, national origin, disability, sexual orientation, religion or age.