Inventory Specialist

Role: Material Planning & Inventory Specialist
Location: New York City, NY (Hybrid 3 Days Onsite / 2 Days Remote)
Pay Rate : $38/hr | Weekly Pay + Optional Benefits
Benefits: Paid weekly, health, dental + vision insurance available
Schedule: 40 hours/week (Standard business hours)
Contract Length: 12 months | Conversion based on performance & business needs

GENERAL FUNCTION:
The Material Planning & Inventory Specialist is responsible for ensuring material availability aligned with demand requirements while optimizing inventory levels, minimizing excess stock, and preventing shortages. The role bridges Procurement, Operations, Finance, and Suppliers to guarantee continuity of supply and cost efficiency.

Key Responsibilities
Material Planning

• Develop and maintain material requirement plans based on demand forecasts, production schedules, and project timelines
• Monitor material availability and ensure timely replenishment
• Manage safety stock levels and reorder points
• Analyze lead times and adjust planning parameters accordingly
• Coordinate with Procurement to align purchase orders with planning needs

Inventory Management

• Monitor inventory levels to prevent overstock and stockouts
• Perform inventory analysis (slow-moving, obsolete, excess stock)
• Optimize inventory turnover and working capital
• Support physical inventory counts and reconciliation processes
• Maintain accurate master data in ERP system

Supplier Coordination

• Track supplier performance (OTIF, lead time adherence)
• Collaborate with vendors to improve delivery reliability
• Manage supply risks and escalate critical shortages
• Last Mile management (organize calls with GCs and PMs to coordinate pickup dates and deliveries per trade)

BASIC QUALIFICATIONS

• Bachelor's degree in Supply Chain Management, Business Administration, Industrial Engineering, Operations Management, or related field
• 3+ years of experience in material planning, inventory control, or supply planning
• Strong working knowledge of MRP systems and material replenishment processes
• Advanced proficiency in Excel (pivot tables, advanced formulas, data modeling)
  Hands-on experience with SAP (MM, PP, or related modules) or equivalent ERP system
• Proven experience managing stock levels, reorder points, safety stock, and lead times
• Solid understanding of inventory management principles and KPIs (Inventory Turns, DOH, Service Level, OTIF)
• Strong organizational skills and attention to detail
• Ability to manage multiple priorities in a fast-paced environment
• Strong written and verbal communication skills

PREFERRED QUALIFICATIONS

• Advanced analytical skills including forecasting analysis and inventory optimization
  Knowledge of inventory optimization techniques
• Experience in high-volume, multi-site, or retail distribution environments
  Proven problem-solving capability using structured methodologies (5 Whys, Lean principles)
• Experience collaborating cross-functionally with Procurement, Operations, and Finance
• Power BI or advanced data visualization experience
• Experience automating reporting processes (VBA, Python)

Continuous improvement mind-set with demonstrated process enhancement initiative #TMCS