WHO WE ARE:
Founded by a dream team of world-class cosmetic scientists, MIT engineers, and developers, Function of Beauty creates personalized shampoo and conditioner formulations that are individually filled and formulated based on one's unique hair type, hair goals, and preferences.
THE PERKS:
At Function of Beauty, We Embrace Change – We Pursue (Pear)fection – We Hear You – We Work Hard, Play Hard!
Our team members enjoy a discount on our amazing products, medical, dental, and vision coverage starting the month after joining our team, a generous PTO package, 401(k) with company match, plenty of room for professional growth and so much more! Come join our amazing team!
POSITION SUMMARY:
The Materials Planner will be responsible for material scheduling in order to ensure direct materials meet production requirements and forecast demand with minimum stock levels, while optimizing cost. This position will be proactively monitoring parts flow and contacting vendors to ensure on time delivery. This position will collaborate across departments to identify alternatives in the event a part cannot deliver by the needed date.
The role requires active coordination with Marketing, Sales, Operations, Supply Chain and Finance. This position will also be responsible for various performance metrics including fill rate, inventory value, DOH, etc. As part of this responsibility, this individual will also be directly accountable for the interplant planning and execution of the S&OP supply planning process.
WHAT YOU'LL DO:
Monitor inventory levels, customer demand, production schedules, inventory transactions and rejected material.
Monitor inventory levels across multiple locations to ensure accurate inventory placement and levels
Balance supply & demand, maintaining appropriate inventory levels using min-max, and/or reorder point planning.
Identifies and resolves supply issues, expedites critical orders.
Validates and meets the monthly inventory days of supply/on hand by product code and facilitates the reduction of excess inventory.
Ensure strategies support customer requirements:
Min-Max planning and inventory levels
Maintain weeks of supply with retailers and FOB plants
Ability to understand and react to customer's method of communication requirements (i.e.; EDI. Customer Portals, Supplier Portals, etc.)
Maintains PFEP to keep item attributes and planning parameters up to date.
Provide input to the Production Planning and Inventory Management process owners in developing inventory strategies on existing items, new products, and active product phase-outs to achieve optimal inventory levels, and ultimately improve customer service/satisfaction level.
Coordinates with Demand Planning, Supply planning, Purchasing, NPD, R&D, Operations and production scheduling in planning executable inventory levels.
Responsible for maintaining and publishing reports relating to material management KPIs such as such as fill rates, days on hand, weeks of supply on a monthly basis. Discuss tracking to hit business goals, targets and implications.
Identify areas of continuous improvement across materials planning process and tools
Perform other duties as needed and directed by management.
WHAT YOU'LL NEED:
EMPLOYMENT CATEGORY:
The information contained herein is not intended to be an all-inclusive list of the duties and responsibilities of the job, nor are they intended to be an all-inclusive list of the skills and abilities required to successfully do the job.
Function of Beauty is an Equal Opportunity Employer