Sr. Manager, Material Planning

Job Location: Chicago

This role is based out of our corporate HQ located in downtown Chicago and will be a hybrid in-person role. This role will be partnering closely with our manufacturing plants and may require onsite visits.

Want to make an impact?

The Senior Manager, Material Planning oversees the strategic management of material procurement and inventory processes to ensure optimal supply chain efficiency. This role involves coordinating with suppliers, analyzing inventory data, and leading a team to forecast material needs and mitigate supply chain risks, all while aligning with organizational goals and budget constraints.

Ways you will make a difference

• Develop and implement material planning strategies to meet production schedules and inventory targets.
• Manage and optimize inventory levels to balance supply with demand, reducing excess and shortages.
• Lead a team of material planners, providing guidance, training, and performance evaluations.
• Collaborate with suppliers and vendors to negotiate terms, resolve issues, and ensure timely delivery of materials.
• Analyze historical data and market trends to forecast material requirements and adjust planning accordingly.
• Monitor and report on key performance indicators (KPIs) related to material planning and inventory management.
• Identify and address potential supply chain risks, including disruptions and delays.
• Coordinate with production, procurement, and logistics teams to align material planning with broader business objectives.
• Develop and maintain strong relationships with internal stakeholders to understand material needs and priorities.
• Ensure compliance with company policies and industry regulations in all material planning activities.

Skills that will make you successful

• Leadership: Ability to inspire and manage a team, fostering a collaborative and productive work environment.
• Communication: Clear and effective communication with team members, suppliers, and stakeholders to ensure alignment and resolve issues.
• Analytical Thinking: Strong problem-solving skills and the ability to interpret complex data to make informed decisions.
• Negotiation: Skill in negotiating with suppliers and vendors to achieve favorable terms and resolve conflicts.
• Adaptability: Flexibility in adapting to changing market conditions and shifting organizational priorities.
• Attention to Detail: Meticulous attention to detail to ensure accuracy in inventory management and forecasting.
• Time Management: Efficiently managing time and prioritizing tasks to meet deadlines and handle multiple responsibilities.
• Strategic Thinking: Ability to develop long-term plans and strategies that align with organizational goals and anticipate future needs.
• Team Collaboration: Working effectively with cross-functional teams to achieve common objectives and enhance overall supply chain performance.
• Conflict Resolution: Skill in addressing and resolving conflicts or issues that arise within the team or with external partners.

Experiences that will support your success

• Bachelors Degree in Supply Chain Management, Business Administration, Operations Management, or a related field
• 7-10 years of experience with at least 3-5 years in a managerial or supervisory capacity
• Ability to use current SAP system to drive decision making
  

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Ferrara’s success in industry-leading innovation has been driven by deep consumer insights, strong retailer co-creation and partnerships, and a dedication to diversity of thought, experience, and people. A privately held company, Ferrara has its global headquarters in Chicago and an operational network of more than 27 locations in North America, Brazil, and China that includes manufacturing, distribution, sales, and R&D facilities. Ferrara is a privately held Ferrero related company. Learn more at www.ferrara.com or www.linkedin.com/company/ferrara- .

EQUAL OPPORTUNITY

We are proud to be an equal opportunity employer. In order to provide equal employment and advancement opportunities to all qualified applicants and employees, employment decisions and opportunities at Ferrara will be based on merit, qualifications, and abilities, without regard to race, color, creed, religion, sex, sexual orientation, gender identity and expression, marital or civil union status, national origin, ancestry, citizenship, age, military or veteran status, disability, handicap, genetic information, pregnancy (childbirth or related medical condition), or on any other basis prohibited by law. This policy governs all aspects of employment, including selection, job assignment, compensation, discipline, termination, and access to benefits and training.