Job Summary
The Demand Planner plays a pivotal role in optimizing inventory to enhance service delivery to internal customers while maintaining optimal levels based on forecasts and budgetary guidelines. Responsibilities encompass forecasting demand, collaborating on SKU rationalization, and contributing to strategic inventory management initiatives.
Responsibilities
- Develop inventory strategies to minimize out-of-stock and over-stock situations, prioritizing inventory plans accordingly
- Review and monitor inventory levels, turnover rates, and demand patterns to identify opportunities for improvement
- Monitor backorders and lead time fluctuations, providing timely reports and proactive solutions
- Lead root cause analysis efforts and implement corrective actions to address inventory challenges
- Conduct item rationalization assessments, focusing on lead times and minimizing slow-moving inventory impacts
- Update and maintain performance metrics, recommending and implementing changes to meet inventory and budget objectives
- Conduct bi-annual Demand Segmentation to refine forecasting accuracy and enhance planning efficiency
- Develop tools and processes to track and improve forecast accuracy, driving continuous improvement across the organization
- Participate in additional projects and initiatives as assigned
- Oversee the (E&O) process of reviewing, reporting, and tracking excess and obsolete inventory
- Communicate inventory status and action plans to relevant stakeholders
- Maintain compliance with Health, Safety, and Environment (HSE) policies by attending all required HSE training sessions, safety meetings, and always utilize proper Personal Protective Equipment (PPE)
- Other duties as assigned
Qualifications
- Proven experience in demand planning, inventory management, or a similar analytical role
- Strong analytical skills with the ability to interpret complex data and generate actionable insights
- Bachelor’s or advanced degree in Business, Finance, or related field required
- Must possess thorough understanding of supply planning, statistical models and calculating min/max levels for fast, medium, and slow-moving items
- Strong leadership characteristics, advanced problem solving and analytical skills, and performance tracking
- Excellent communication and interpersonal skills, capable of collaborating effectively across departments
- Must be a team player who can work well with others to improve work processes
- Ability to prioritize tasks, manage multiple projects, and meet deadlines in a dynamic environment
- Excellent organizational and time management skills
- Proficient working in Microsoft Office 365 Applications and able to quickly learn other work-related software
- Knowledge of lean processes
- Demonstrated project management skills
- Experience working in the oil and gas industry preferred
- Proficiency in inventory management software and ERP systems preferred
- Detail-oriented with a focus on accuracy
- Certified in production and inventory management (CPIM) or certified in supply chain planning (CSCP) is desirable
Physical Demands
The physical demands described here represent those required for an employee to successfully perform the role’s essential functions. Reasonable accommodation may be made for individuals with disabilities to perform their major responsibilities.
While performing the duties of this job, the employee is regularly required to sit, stand, or walk; use hands to manipulate, handle, or feel; reach with hands and arms; stoop or bend; and talk or hear. The employee must occasionally lift and/or move up to 50 lbs.
Work Environment
The work environment characteristics described here represent environmental conditions an employee will encounter while performing the role’s essential functions. The noise level in some work environments can be moderate and an employee may encounter extreme weather conditions while performing major duties. Reasonable accommodation may be provided for individuals with disabilities to perform their major responsibilities.
Disclaimer
The information provided in this job description indicates the general nature and level of work performed by employees within the role’s classification. This job description is not to be interpreted as a comprehensive inventory of all duties, responsibilities, qualifications required of employees assigned to this role.
ProPetro is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.