Experience:
No experience
Employment Type:
Intern/Co-op
Posted:
5/15/2019
Job Category:
Supply Chain / Logistics
Supply Chain Planning Intern
(This job is no longer available)
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Job Description

The Supply Chain Planning Intern is responsible for forecasting, planning and management of inventory needs for assigned categories. Responsibilities include 1) execute the supplier forecast and replenishment to ensure meeting in stock goals 2) manage inventory to turn goals including executing safety stock and lead time strategies while minimizing excess, obsolete and aged inventory 3) maintain system settings, tools and processes to ensure inventory in right place, right time, right quantity 4) proactively communicate gaps and solves to ensure 1st time complete to customer 5) contribute cross-functionally to improve processes and work on projects including Value Stream teams, product changes and Total Cost of Ownership development (internal and external). An ideal intern would be prepared to work in a fast-paced, team environment and will be able to complete the internship having gained a broad understanding of the promotional products industry and the unique ways our supply chain operates.

This includes (but is not limited to) Demand Forecasting, Production Planning, Production Scheduling, and Logistics Optimization.

* Forecasting and Replenishment

o Plan, manage and execute product distribution over the planning horizon to ensure high service levels including PO releases and management

o Plan and manage Supplier forecasts including proactive communication to Supplier and internal partners on forecasts, changes vs prior forecast and forecast accuracy (against PO releases)

* Inventory management

o Identify and solve for critical shortages

o Proactive communication with internal customers' expectations of availability and downstream impacts

o Managing relationships with suppliers to eliminate constraints and meet objectives

o Minimize obsolete/aged inventory

o Analyze, created, edit and track receiving of purchase orders for suppliers

o Manage and inspect purchase orders to ensure on-time and complete fulfilment; inclusive of proactive management with Suppliers on-time shipping and delivery, fill rate and past due PO maintenance. Ensuring critical information is provided by Supplier and providing Supplier and internal team members with KPIs to inspect Supplier performance.

o Execute to monthly and quarterly inventory targets and manage procurement to achieve targeted inventory levels on both a cost and unit basis. Achieve desired corporate inventory turn targets

o Support product development initiatives by ensuring all materials are available to fulfill launch requirements

* Analytics

o Execute and maintain item PFEP ensuring system settings meet the category inventory objectives (lead times, turn, safety stock, etc)

o Align with manager on appropriate safety stock levels leveraging business insights knowledge

o Understand end to end Supply Chain processes from production to fulfillment inclusive of Sleep Number manufacturing and assembly to Home Delivery

o Understand Supplier end to end processes from raw material procurement to finished good production as well as lead times associated

o Understand Supplier capacity and constraints and execute to appropriate plans to ensure Sleep Number demand is met while managing to Sleep Number inventory goals; Partner with Sourcing Manager and Supply Chain Planning Manager to develop plan and access inventory and total cost impacts

o Identify Supplier critical risks; escalate and seek support from Manager and/or Super Users for mitigation solutions to ensure on-time deliveries

o Track KPIs to measure on-time shipments, on-time deliveries, fill rate, reschedule root cause

* Create smooth operational flow with all cross-functional partners

o Maintain strong partnership with Suppliers to ensure deliveries and commits are fulfilled on time

o Partner with Sourcing to resolve capacity constraints and ensure safety goals at Supplier are established and maintained

o Partner and coordinate with internal teams to resolve inventory/payment discrepancies

o Provide inventory projections and risk scenarios for all new, changing or sunsetting products

o Provide communication, direction and support to internal teams as required

* Continuous Process Improvements

o Participate on Value Stream team

o Evaluate existing processes for assigned categories and create and execute an improvement plan, with Manager direction, on opportunities to increase effectiveness and efficiency; Seek support from SMEs and cross-functional partners to evaluate opportunities for improvement

Sleep Number is an equal opportunity employer, committed to recruiting, hiring and promoting qualified people of all backgrounds, regardless of sex; race; color; creed; national origin; religion; age; marital status; pregnancy; physical, mental, communicative or sensory disability; sexual orientation; gender identity or any other basis protected by federal, state or local law.