Inventory Planner

Job Purpose & Summary
The Inventory Planner is responsible for maintaining optimal inventory levels across Meyer Lab, its subsidiaries, plant, field warehouse and 3 PL locations. This position analyzes inventory data, manages replenishment and inventory parameters. Partnering with Plant Managers, Account Managers, Logistics, Scheduling, Procurement, and Finance the Inventory Planner drives inventory accuracy and operational efficiency.

Functions & Responsibilities

Inventory Management
• Maintain inventory control processes to support accurate inventory and reliable reporting.
• Support inventory reduction initiatives that minimize excess stock and support cost-effective inventory management.
• Replenish inventory levels across plant, field warehouse and 3PL locations by setting optimal safety stock thresholds.
• Maintain data to support physical inventory counts and reconciliation.
• Monitor excess, obsolete, and slow-moving inventory; investigate root causes and coordinate corrective actions.

Data Analysis
• Use NetSuite ERP to compile and analyze inventory data.
• Utilize Microsoft Excel to report inventory metrics and improve visibility.
• Prepare and present reports to cross-functional teams, highlighting key findings and recommend actions.
• Analyze and report on stock discrepancies.
• Validate data and resolve inconsistencies.

Continuous Improvement
• Audit material movements to identify root causes of variances.
• Implement process improvements that increase inventory accuracy.
• Proactively identify and implement solutions that reduce manual intervention.
• Support special projects related to inventory consolidation and standardization.

Education / Work Experience & Requirements
• Associate or bachelor’s degree in supply chain, Business Administration, or a related field is preferred. 
• 2-4 years of experience in inventory management, supply chain or logistics, preferably in a manufacturing setting.
• Advanced Excel skills and the ability to compile and analyze data.
• Excellent communication skills, with the ability to collaborate cross functionally.
• Exceptional attention to detail and accuracy. 
• Ability to manage multiple projects and priorities.
• Strong initiative and organizational skills.
• 3PL experience is preferred.
• Working knowledge of MRP/ERP systems; experience with NetSuite is preferred.

Travel & Physical Requirements
• Occasional travel may be required to meet business and project requirements. 
• Desk and computer work required.

Compensation & Benefits 
• Annual salary 
• Competitive benefits package 
• 401(k) with company match 
• Fantastic company culture with a work hard, play hard mentality 

Company Info:
For over forty-seven years, Meyer Lab has continued to pour our profits into Research and Development to custom blend chemicals to meet customer’s unique needs! This innovative technology has fueled growth, and Meyer Lab is now one of the fastest growing industrial chemical manufactures in the nation. Meyer Lab is recognized among industrial, flexographic, food processing, transportation, and distribution center users as having value added, premium products and systems. To learn more about our company, team, and core values, visit our website at www.meyerlab.com. 

Join our team, apply today! 
Meyer Laboratory, LLC is an Equal Opportunity Employer. We consider applicants for all positions without regard to race, color, religion, creed, gender, national origin, age, disability, marital or veteran status, sexual orientation, or any other legally protected status.