Additional Information
Entity:
Customers & Products
Job Family Group:
Procurement & Supply Chain Management Group
Job Description:
This is a role within the Castrol organisation and the successful candidate will become part of the Castrol ring-fence. If you are part of the ring-fence, it is expected that your employment will move with Castrol to new ownership.
As bp transitions to an integrated energy company, we must adapt to a changing world and maintain competitive performance. bp's customers & products (C&P) business area is setting up a business and technology centre (BTC) in Pune, India. This will support the delivery of enhanced customer experience and drive innovation by building global capabilities, scale, using technology, and developing deep expertise. The BTC will be a core and connected part of our business, bringing together colleagues who report into their respective part of C&P, working together with other functions across bp. This is an exciting time to join bp and the customers & products BTC!
Let me tell you about the role
We are seeking a thorough and proactive a PU Supply Network Inventory Planner to manage the inventory policies and strategies for our Performance Units (PUs). This role ensures the overall inventory strategy adopted by supply planners for the PU is correct and appropriate - driving appropriate stock segmentation, safety stock refreshing and monitoring, managing stock coverage to avoid excess, and managing a PU inventory efficiency improvement roadmap.
Through our Global Planning Digital tool, Kinaxis Maestro, PU Supply Network Replenishment Inventory Advisors will own the overall inventory strategy for the PU, across Finished Goods and Raw Materials, working very closely with replenishment, production and raw material planners to ensure parameters and strategies are updated and actively followed.
The Supply Network Replenishment Inventory Planner will own slow moving and excess (SLOBs) processes, to diagnose and root cause reasons for failure stock appearing and own plans to drive correction at source.
This position requires proven supply planning experience, combining strong analytical skills within our digital planning tool (Kinaxis Maestro) with having the ability to foster positive relationships with supply chain planning colleagues both in Pune and in the markets
What you will deliver
Inventory Replenishment Strategy
Develop and own the Inventory strategy and replenishment policies for the PU, bringing the Global Planning Playbook to life for the PU
Ensure strategies are written, agreed and driven for updating finished good segmentation, working with PU S&OP and Planning Delivery Leads to sign off and with PU supply planners to implement within Kinaxis Maestro
Manage safety stock strategy - ensure this is carried out to global requirements with assessment of impacts and approval from necessary planning and market customers
Own and ensure appropriate inventory planning data is updated in line with global planning governance requirements (lead times, service levels, replenishment parameters)
Inefficient Stock / SLOBs management
Own analysis of SLOBs and high coverage inventory, to identify root cause areas
Own the process to work with supply replenishment planners, production planners, demand planners and others to identify sell-off options as well as address root cause areas
Work with Finance to cost to address appropriate provisioning
Own and drive the PU inventory efficiency roadmap to drive to target days of cover (DOC)
Collaboration & Stakeholder Management
Work closely with PU Supply Planning Delivery lead, Production Planning, and Raw Material Planning teams to align inventory strategies with business objectives.
Support the Sales & Operations Planning (S&OP) processes by working closely with PU S&OP Manager, providing insights around inventory projection against inventory roadmap and SLOBs progress and actions required
Systems & Reporting
Apply our end-to-end planning tool, Kinaxis Maestro to carry out inventory modelling updating safety stocks, using Scenario functionality to look at "what if" options to review inventory strategy impacts to optimise inventory levels
Track and analyze key performance indicators (KPIs) including Days of cover, stock turn rates, and SLOBs % of total finished goods
Drive process improvements to enable inventory efficiency and responsiveness
What you will need to be successful
Education
Bachelor's degree in supply chain management, Logistics, Business, or a related field (master's preferred).
Bp · India