Supply Planner in Memphis, Tennessee at Dayco Inc.
Job Description
Dayco is a global leader in the research, design, manufacturing, and distribution of essential engine drive systems. With a 120-year legacy, we deliver high-performance aftermarket solutions tailored to meet the unique needs of our customers. We create value through delivering efficient products and services coupled with reliable, innovative solutions. Partnering with major automotive, industrial, and aftermarket customers, our teams focus on continuous improvement, sustainability, and customer-driven innovation.
About the role
The Supply Planner is responsible for managing the supply chain of assigned product groups, ensuring inventory levels align with customer demand and company objectives. This role requires proactive demand forecasting, inventory optimization, coordination with internal teams (customer service, sales, marketing, and finance), and collaboration with external suppliers/vendors to optimize material flow. The Supply Planner plays a key role in integrating new products and customers while effectively managing excess and obsolete inventory. Utilizing APICS global supply chain standards, this position ensures seamless operations, cost efficiency, and supply continuity.
What you will do
- Demand Forecasting & Planning: Analyze historical data, market trends, and sales projections to develop accurate demand forecasts, ensuring optimal inventory levels.
- Inventory Optimization: Manage stock levels to prevent shortages and overages, implementing strategies to reduce excess and obsolete inventory while maintaining service level targets.
- Maintain clear communication with stakeholders and vendors by promptly responding to email requests and providing updates on current/in-transit orders, past-dues, volumes, lead-times/fulfillment dates.
- Establish, track and report supply chain KPIs as required.
- Regularly analyze data to create clear, data-driven reporting & presentations on inventory insights, forecast accuracy, and supply chain performance metrics to key stakeholders.
- Provide improvement recommendations on inventory reporting, processes, sourcing, and efficiency enhancements, using best practice measures.
- Manage Excess Inventory to track, measure, and oversee the disposal or repurposing of excess inventory to optimize stock levels.
- Collaborate with cross functional partners to provide updates on inventory, sourcing, lead times, and analysis while proactively identifying and resolving inventory challenges. Assist in planning for product packaging and purchasing strategies.
- Optimize freight & supplier replenishment to evaluate freight options based on cost, efficiency, and delivery timelines in collaboration with the Traffic Manager to ensure the best cost-benefit ratio.
- Generate reports for planning, accounting, and sales teams, review forecast accuracy, coordinate product launches, manage data and BOMs, and oversee inventory levels at third-party logistics providers (3PLs).
- Participate in projects and process improvement initiatives related to material and inventory requirements, distribution flow enhancements, new customer onboarding, and freight cost reduction.
Qualifications
- Bachelor’s degree in Supply Chain Management, Logistics, Operations Management, Business Administration, or a related field preferred.
- 3-5 years of experience in Materials Planning, Inventory Planning, Supply Planning, Demand Planning, Master Scheduling, or a related Supply Chain function within a manufacturing or distribution environment.
- Proven experience developing demand forecasts through the analysis of historical sales data, market trends, inventory performance, and business requirements.
- Strong inventory management experience with demonstrated success in optimizing stock levels, reducing excess and obsolete inventory, and maintaining targeted service levels.
- Experience monitoring and managing supply chain performance through KPIs, reporting, forecasting accuracy measurements, inventory analysis, and operational performance metrics.
- Hands-on experience collaborating with suppliers, vendors, logistics providers, and internal stakeholders to manage replenishment activities, lead times, order fulfillment, and inventory availability.
- Experience supporting product launches, purchasing strategies, material planning activities, BOM management, and inventory control processes.
- Strong understanding of freight optimization, supplier replenishment planning, and cost-benefit analysis related to transportation and logistics activities.
- Experience working with third-party logistics providers (3PLs) and managing inventory visibility across multiple distribution locations.
- Demonstrated ability to identify process improvement opportunities and implement initiatives related to inventory optimization, supply chain efficiency, sourcing, distribution flow, and cost reduction.
- Experience participating in cross-functional projects involving planning, procurement, operations, logistics, customer service, accounting, and sales teams.
Technical Skills
- Experience working with ERP systems; Epicor CMS and/or Kinaxis Maestro experience is strongly preferred.
- Intermediate to advanced Microsoft Excel skills, including Pivot Tables, VLOOKUP/XLOOKUP, data analysis, reporting, and forecasting tools.
- Strong analytical and quantitative skills with the ability to interpret complex data and convert insights into actionable recommendations.
- Experience creating presentations, dashboards, reports, and business reviews for leadership and key stakeholders.
Preferred Qualifications
- Professional certifications such as APICS CPIM, CSCP, CPF, Lean Six Sigma, or equivalent are preferred.
- Automotive Aftermarket industry experience is considered a strong asset.
- Experience working within global supply chain organizations is highly desirable.
- Knowledge of APICS supply chain planning principles, inventory management standards, and best practices.
Key Competencies
- Broad understanding of supply chain planning, demand forecasting, inventory management, procurement, and distribution operations.
- Excellent communication, negotiation, and stakeholder management skills.
- Strong problem-solving and critical-thinking abilities with a data-driven approach to decision-making.
- Continuous improvement mindset with a passion for operational excellence and process optimization.
- Ability to build effective working relationships across all organizational levels and functions.
- Highly organized, detail-oriented, and capable of managing multiple priorities in a fast-paced environment.
- Strong sense of ownership and accountability, with the ability to make sound decisions under pressure.
- Adaptable, resilient, and comfortable operating in a dynamic environment with changing business priorities.
Join the Dayco Team
At Dayco, we are more than a global leader in automotive solutions. We are a team of people driven by innovation, collaboration, and continuous improvement. Joining Dayco means becoming part of an organization that values its people, encourages new ideas, and provides opportunities to make a meaningful impact.
We believe our success comes from our people. We are committed to fostering a workplace where individuals are encouraged to bring their skills, ideas, and unique perspectives to help shape our future, and Move Forward, Always!
Equal Employment Opportunity:
Dayco is an equal opportunity employer. We celebrate diversity and are committed to fostering an inclusive workplace where all employees are valued and respected. We welcome applications from all qualified candidates, employment decisions are made on merit, skills, and business needs, and all qualified candidates are considered fairly, regardless of race, age, gender identity, religion, sexual orientation, cultural background, disability, or any other protected attribute.
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