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TK Elevator is seeking a highly analytical and execution-focused Inventory Planner / Buyer I - Spare Parts to support the performance of our Spare Parts Distribution Center. This role is critical in ensuring parts availability through a demand-driven replenishment model, while optimizing inventory levels, supplier performance, and cost efficiency.
This position is responsible for end-to-end inventory planning and procurement execution, leveraging real-time demand signals, historical consumption patterns, and system-driven replenishment strategies to maintain continuity of supply. The role serves as a key connector between field operations, supply chain, finance, and suppliers, ensuring timely and accurate response to demand without reliance on traditional forecasting models.
The ideal candidate will excel in a highly dynamic, reactive environment, where speed, accuracy, and decision-making are essential to meeting customer needs.
ESSENTIAL JOB FUNCTIONS:
- Manage inventory using a demand-driven replenishment model, ensuring appropriate stock levels based on actual consumption and system signals
- Maintain and optimize stocking policies, reorder points, safety stock, and min/max parameters to align with service level and working capital targets
- Monitor inventory health, including stockouts, excess/obsolete inventory, and fill rate performance, and take corrective action
- Analyze usage trends and variability to refine replenishment strategies and improve responsiveness
- Execute daily purchasing activities driven by system recommendations and real-time demand signals
- Review purchase requisitions for accuracy and completeness; place orders with approved suppliers
- Serve as the primary point of contact for MRO procurement, including sourcing and executing one-off or exception purchases
- Expedite purchase orders and proactively manage supply risks to ensure continuity
- Work closely with suppliers to ensure on-time delivery, quality, and service performance
- Participate in negotiations related to pricing, lead times, and service levels
- Resolve supplier issues, including delays, discrepancies, and service failures
- Communicate cost changes and supply constraints to stakeholders
- Maintain accurate and timely data within ERP systems (Oracle/SAP)
EDUCATION & EXPERIENCE:
- Up to 2 years in inventory planning, supply chain, or procurement within a demand-driven environment
- Strong analytical skills required.
- Demonstrated ability to perform multiple functions in a fast-paced
- Associate's degree. Experience in lieu of a degree will be considered
PREFERRED:
- Experience in distribution, spare parts, or MRO environments
- Familiarity with replenishment models such as min/max, reorder point, and safety stock optimization
- Exposure to continuous improvement methodologies, including Lean and Six Sigma
- Experience with Oracle ERP
- Experience with Baxter planning system
Provided they meet all eligibility requirement under the applicable plan documents, employees will be offered
- Medical, dental, and vision coverage
- Flexible spending accounts (FSA)
- Health savings account (HSA)
- Supplemental medical plans
- Company-paid short- and long-term disability insurance
- Company-paid basic life insurance and AD&D
- Optional life and AD&D coverage
- Optional spouse and dependent life insurance
- Identity theft monitoring
- Pet insurance
- Company-paid Employee Assistance Program (EAP)
- Tuition reimbursement
- 401(k) Retirement Savings Plan with company match: Employees can contribute a portion of their pay on a pre-tax or Roth basis. The company provides a dollar-for-dollar match on the first 5% contributed.
Additional benefits include:
- 15 days of vacation per year
- 11 paid holidays each calendar year (10 fixed, 1 floating)
- Paid sick leave, per company policy
- Up to six weeks of paid parental leave (available after successful completion of 90 days of full-time employment)
Eligibility requirements for these benefits will be controlled by applicable plan documents. This is intended to provide a general description of benefits and other compensation and is not a substitute for applicable plan documents or company policies.