Sr. Raw Material Planner

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Sr. Raw Material Planner page is loaded## Sr. Raw Material Planner remote type:
On-site locations:
Memphis, TN, USAtime type:
Full time posted on:
Posted Todayjob requisition :
R8690
** Job Summary
** The Sr. Raw Material Planner serves as a strategic business partner responsible for ensuring optimal material supply while driving financial performance through data-driven analysis and cost optimization. This role combines advanced supply chain planning with comprehensive financial analysis to support uninterrupted production, maximize profitability, and deliver best-in-class customer service. The position requires an analytical professional who can translate complex data into actionable financial insights and strategic recommendations.
** Key Responsibilities
**** Supply Chain Planning & Optimization:*
* · Develop and execute both short-term and long-term material plans that align supply and demand while optimizing working capital and inventory investment
· Establish and maintain optimal inventory levels that balance service levels, carrying costs, and obsolescence risk
· Proactively identify and resolve material shortages while minimizing expediting costs and production interruptions
· Collaborate with local material coordinators and site supply chain managers to ensure seamless daily operations

Financial Analysis & Decision Support
· Conduct comprehensive cost analysis including total cost of ownership, landed costs, and supplier price benchmarking
· Develop and maintain financial models for forecasting material costs, inventory valuation, and budget variance analysis
· Perform detailed ROI analysis and financial justification for material sourcing decisions, supplier changes, and inventory optimization initiatives
· Analyze lead time trends and their financial impact on inventory carrying costs, stockout risks, and customer service levels
· Create detailed cost comparison reports for alternative materials, suppliers, and sourcing strategies
· Monitor and report on key financial metrics including inventory turns, days of supply, and material cost variance

Strategic Planning & Forecasting
· Lead statistical analysis of demand patterns, seasonal trends, and market fluctuations to improve forecast accuracy
· Conduct sensitivity analysis and scenario planning for material cost impacts on product profitability
· Support annual budgeting and quarterly forecasting processes with detailed material cost projections

Stakeholder Management & Process Improvement
· Facilitate cross-functional collaboration meetings with stakeholders and vendors to review forecasts, purchase orders, and cost optimization opportunities
· Present financial analysis and recommendations to leadership team for material-related capital investments and strategic decisions
· Design and implement analytical tools and dashboards to enhance planning efficiency and financial visibility
· Drive continuous improvement initiatives focused on reducing material costs, improving forecast accuracy, and optimizing inventory levels
** Required Qualifications
***
* Education & Experience:

*
* · Bachelor's degree in Engineering, Supply Chain Management, Finance, Business Administration, or related analytical field
· 4-6 years of experience in supply chain planning, financial analysis, or operations management
· Demonstrated experience in cost analysis, financial modeling, and budget management

Technical Skills
· Advanced proficiency in Microsoft Excel including financial modeling, pivot tables, and statistical analysis
· Experience with ERP systems (SAP preferred) and advanced planning systems (APO/MRP)
· Strong knowledge of financial principles including cost accounting, inventory valuation, and working capital management
· Proficiency in data analysis tools and statistical software (SQL, Power BI, or similar preferred)
· Understanding of procurement processes, supplier management, and contract negotiations

Core Competencies
· Exceptional analytical and quantitative…