Supply Network Inventory Planner

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).

Experience: 

•  8-12 years in supply planning, replenishment, or inventory management within FMCG, food & beverage, or manufacturing industries

• Proven experience in Supply Planning and Inventory Management using an advanced digital Planning tool, desirably Kinaxis Maestro

• Strong analytical skills and proficiency in supply chain software (Kinaxis Maestro highly desirable) and ERP systems (SAP ECC, S4 Hana, JDE)

• Strong communication skills both written and verbal with the ability to work effectively stakeholders in supply chain in both India and other countries

• Ability to manage multiple priorities in a dynamic and fast-paced environment.

Shift Timings : IST 5.30 PM To 2.30 AM (US Shift)

Please note: work hours may vary due to daylight saving time changes.

You will work with

Supply chain planning team for your Performance Unit, co-located in PU, and with PU Planning & S&OP managers and S&OE delivery leads in the PU 

Why join bp

At bp, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly. There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, and excellent retirement benefits, among others! We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Travel Requirement

Negligible travel should be expected with this role

Relocation Assistance:

This role is eligible for relocation within country

Remote Type:

This position is not available for remote working

Skills:

Agility core practices, Agility tools, Analytical Thinking, Business Acumen, Commercial Acumen, Digital Fluency, Inventory Management, Logistics Management, Negotiating, Negotiation planning and preparation, Project Management, Risk Management, Supplier Relationship Management, Supply chain management, Sustainability awareness and action, Value creation and management

Legal Disclaimer:

We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics like race, religion, color, sex, national origin, sexual orientation, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.