Responsibilities of material planner in the manufacturing company
A material planner in a manufacturing company typically has the following responsibilities:
1. **Inventory Management:** Planning and maintaining appropriate levels of raw materials, components, and finished goods to meet production needs while minimizing excess inventory and associated costs.
2. **Forecasting:** Analyzing demand forecasts to anticipate material requirements and ensure availability to support production schedules.
3. **Supplier Management:** Coordinating with suppliers to ensure timely delivery of materials, negotiating pricing, and managing relationships to ensure quality and reliability.
4. **Production Scheduling:** Collaborating with production teams to create and maintain production schedules that align with material availability and customer demand.
5. **ERP System Utilization:** Using enterprise resource planning (ERP) software to track inventory levels, monitor order status, and generate reports for analysis and decision-making.
6. **Continuous Improvement:** Identifying opportunities to improve efficiency, reduce lead times, and optimize inventory levels through process improvements and strategic initiatives.
7. **Risk Management:** Identifying potential supply chain disruptions and developing contingency plans to mitigate risks and ensure continuity of operations.
8. **Communication:** Effectively communicating with internal stakeholders such as production, procurement, and logistics teams to coordinate activities and address any issues or concerns.
9. **Compliance:** Ensuring compliance with regulatory requirements, quality standards, and company policies related to material procurement, storage, and handling.
10. **Cost Management:** Monitoring and controlling material costs through strategic sourcing, vendor evaluation, and cost analysis to support overall profitability and competitiveness.