Inventory Planner

ROLE SUMMARY: Responsible for managing and optimizing the region inventory levels and strategies. ESSENTIAL RESPONSIBILITIES: The key responsibilities of the Inventory Planner may include the following as well as other items required to execute the role: Monitors inventory levels and ensure the weekly increase or decrease in levels are aligned to the business. Implements inventory stocking strategies. Develops methods and programs to optimize the utilization of inventory. Monitor levels of safety stock, global and aging inventory and works with regions and manufacturing plants to address accordingly. Provides updates to inventory projections and creates mitigation plans as needed. Reviews Slow Moving Inventory (SMI) with regions and involves other functional groups to reduce SMI risks. Forecast inventory reserves and work create action plan for mitigation. Works with the demand planner to create the netted demand plan. Works with the supply planner to implement stocking strategies for local providers. Work with regions to phase in new product inventory and develop plans for effectively managing replaced inventory. QUALIFICATIONS/REQUIREMENTS: Bachelor’s degree in supply chain management or related field or equivalent experience (3 to 5 years’ experience). Experience in order management, inventory optimization and management, asset utilization and management. Deep knowledge of SAP and MRP functionality. Ability to work with and influence stakeholders. Strategic thinking with tactical execution with a sense of urgency. Certifications: (preferred but not required) • APICS Certification Work in a way that works for you We recognize that everyone is different and that the way in which people want to work and deliver at their best is different for everyone too. In this role, we can offer the following flexible working patterns. Working with us Our people are at the heart of what we do at Baker Hughes. We know we are better when all of our people are developed, engaged and able to bring their whole authentic selves to work. We invest in the health and well-being of our workforce, train and reward talent and develop leaders at all levels to bring out the best in each other. Working for you Our inventions have revolutionized energy for over a century. But to keep going forward tomorrow, we know we must push the boundaries today. We prioritize rewarding those who embrace change with a package that reflects how much we value their input. Join us, and you can expect: • Contemporary work-life balance policies and wellbeing activities • Comprehensive private medical care options • Safety net of life insurance and disability programs • Tailored financial programs • Additional elected or voluntary benefits The Baker Hughes internal title for this role is: Material Associate-Senior Specialist At Baker Hughes, we are transforming the future of energy. With operations in over 120 countries, we are developing and deploying industry-leading technologies and services to take energy forward. For more than a century, our inventions have revolutionized energy. Today, we are bringing our expertise to make oil and gas safer, cleaner, and more efficient. Our people are the trusted experts, relied on to solve customer challenges big and small. We invest in the health and well-being of our workforce, train and reward talent, and develop leaders at all levels to bring out the best in each other. We believe in creating an environment of diversity and inclusion, without bias. We know we are better when all of our people are developed, engaged, and able to bring their whole authentic selves to work. We're makers, inventors, and leaders who aren't afraid of the tough challenges. We believe pushing boundaries will help to lead the way for a new energy future.