Junior Inventory Planner

About the Role

The Junior Inventory Planner supports inventory planning and replenishment activities to ensure optimal inventory levels and product availability across Terex Parts Distribution operations. This role is ideal for an early-career supply chain professional who is analytical, detail-oriented, and interested in developing expertise in inventory planning, forecasting, and supply chain operations.

Key Responsibilities

• Support inventory planning activities to maintain target inventory levels and product availability.
• Review inventory performance and identify inventory shortages, excess inventory, and obsolescence risks.
• Assist with demand forecasting and inventory projection activities using historical data and business inputs.
• Maintain planning system parameters, inventory settings, and master data accuracy.
• Monitor supplier lead times and support data maintenance activities.
• Analyze inventory trends and recommend actions to improve service levels and inventory efficiency.
• Collaborate with Purchasing, Operations, Sales, and Supply Chain teams to address supply and inventory challenges.
• Support excess and obsolete (E&O) inventory reduction initiatives.
• Assist with inventory planning for new product introductions and product phase-outs.
• Generate reports and dashboards to support inventory reviews and decision-making.
• Participate in continuous improvement initiatives to enhance planning processes and system performance.
• Support inventory management across assigned product categories, brands, or locations.

Requirements & Tech Stack

• Proficiency in Microsoft Excel, including Pivot Tables, VLOOKUP/XLOOKUP, and data analysis.
• ERP systems (Oracle preferred)
• Syncron or similar inventory planning tools
• Power BI, SQL, or other reporting and analytics tools

Qualifications

• Bachelor's degree in Supply Chain Management, Business, Statistics, Operations Management, Logistics, Finance, Engineering, or a related field; or equivalent relevant experience.
• 0-3 years of experience in inventory planning, supply chain, materials management, purchasing, logistics, or data analysis.
• Strong analytical and problem-solving skills.
• Strong attention to detail and organizational skills.
• Ability to manage multiple priorities in a fast-paced environment.
• Effective written and verbal communication skills.
• Ability to work independently and collaboratively within a team environment.

Preferred Qualifications:

• Exposure to inventory planning, forecasting, purchasing, or supply chain concepts.
• Understanding of inventory management principles, forecasting, and replenishment processes.
• Manufacturing or distribution environment experience.

Travel

• Up to 10% travel as business needs require.