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Verint Systems, Inc. Sr. Specialist, Material Planner in Des Moines, Iowa

At Verint, we believe customer engagement is the core of every global brand. Our mission is to help organizations discover opportunities previously only scarcely imagined by connecting work, data, and experiences enterprise wide. We hire innovators with the passion, creativity, and drive to answer constantly shifting market challenges and deliver impactful results for our customers. Our commitment to attracting and retaining a talented, diverse, and engaged team creates a collaborative environment that openly celebrates all cultures and affords personal and professional growth opportunities. Learn more at www.verint.com

Overview of Job Function:

The Sr. Material Planner Specialist is the focal point for all demand planning activities. The Planner develops and implements long-term material planning strategies and networks that ensures supply of materials meet the production demand schedule and minimum stock levels to meet operational and production continuity. The Planner should be able to deliver efficient, effective, and flexible solutions to meet fulfillment requirements in support of business growth and sustainment. The Planner supports coordination & execution of new product introductions and manages transitions/ phase outs with minimum liability to the organization. The Planner will monitor key performance indicators, analyze performance data, and coordinate cross-functional work teams to increase effectiveness of supply chain initiatives. This position relies on experience and judgment to organize, plan, and accomplish department objectives with a wide degree of creativity, a continuous improvement approach, and latitude expected to fulfill a variety of duties.

Principal Duties and Essential Responsibilities:

  • Creates and maintains forecast models for our customers demand using strong statistical analysis, incorporating business intelligence, and forecast information gathered from sales, marketing, finance, and past historical analysis.

  • Revises schedules to accommodate design changes, product demand fluctuation, labor or material shortages, backlogs, or other interruptions minimizing impact on SLA, and lost sales due to stock outs & obsolete inventory.

  • Analyzes external customer backlog requirements, current and future inventory conditions, and production capacity to determine material and labor requirements to meet division financial goals.

  • Analyzes and builds models to translate financial forecast to Operational material requirements.

  • Requisition and coordinates the ordering and expediting of materials to ensure optimum inventory levels to avoid material shortages and excess inventory.

  • Tracks and analyzes physical inventory data and variances and recommend course of action to correct or improve inventory accuracy, obsolete inventory, and reduce excess inventory.

  • Creates and issues forecast to Suppliers and update supplier material delivery schedules in CRM system to ensure visibility and transparency to all internal stakeholders in the process.

  • Compiles records, update files and prepare periodic reports summarizing and analyzing forecasting accuracy, material inventory and usage, and product demand.

  • Supports risk management activities impacting the value chain working with cross-functional teams.

  • Communicates the strategic decisions across functional and business units regarding demand and supply balancing, inventory management, long range planning and the implementation of lifecycle changes into the supply chain.

  • Identifies long term demand and supply challenges and set appropriate inventory targets.

    Minimum Requirements:

  • Bachelor's Degree in Industrial Engineering or related field, or equivalent work experience.

  • 5+ years of experience in supply chain material planning.

  • Significant ERP system experience such as Oracle, SAP.

  • Knowledge of electronic manufacturing and integration processes.

  • Strong sales & operations, and inventory management experience.

  • Strong analytical and problem-solving skills to drive forecasting and modeling.

  • Strong sense of urgency and follow-through both within and outside of the organization.

  • Strong written and verbal communication skills.

  • Intermediate level expertise of any reporting or BI tool – OBIEE, Power BI or Tableau for analysis.

  • Solid experience in Microsoft Office: Word, Excel, Power Point.

  • Successful completion of a background screening process including, but not limited to, employment verifications, criminal search, OFAC, SS Verification, as well as credit and drug screening, where applicable and in accordance with federal and local regulations.

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