Inventory Planner

Role Summary

We are seeking an experienced Inventory Planner to support our SPM Oil & Gas parts business. This role is critical in ensuring optimal inventory availability, minimizing stock shortages, and improving overall inventory control to support revenue generation and customer satisfaction.

The successful candidate will be responsible for inventory planning, forecasting, demand management, stock optimization, and ERP-driven inventory control across multiple customer and operational sites. The position requires close collaboration with sales, operations, supply chain, and customer-facing teams to ensure the right parts are available at the right time.

Key Responsibilities

• Manage inventory levels to ensure optimal stock availability while minimizing excess inventory.
• Monitor, analyze, and maintain inventory accuracy using ERP systems.
• Support parts sales activities by ensuring timely availability of critical SPM Oil & Gas components.
• Develop and maintain forecasting and demand planning models to support business requirements.
• Identify stock shortages, excess inventory, and supply risks, implementing corrective actions where required.
• Generate inventory reports and provide recommendations to improve stock control and inventory performance.
• Coordinate with supply chain, procurement, warehousing, and operations teams to ensure efficient inventory replenishment.
• Investigate inventory discrepancies and drive root cause analyses to prevent recurrence.
• Ensure compliance with internal inventory control procedures and best practices.
• Communicate inventory status, risks, and recommendations to key stakeholders.
• Travel to multiple customer and operational sites as required.

Preferred Qualifications & Experience

• Previous experience within the Oil & Gas, Industrial Equipment, Aftermarket Parts, or Energy sectors.
• Experience managing inventory for high-value critical spare parts.
• Knowledge of supply chain planning and inventory management best practices.
• Understanding of service parts management and distribution operations.
• Experience supporting multiple operational or customer sites.

Key Competencies

• Inventory Management
• Forecasting & Demand Planning
• Supply Chain Planning
• ERP Systems (SAP/Syteline)
• Data Analysis & Reporting
• Accuracy and Attention to Detail
• Stakeholder Management
• Continuous Improvement

What Success Looks Like

• Improved inventory visibility and control.

• Reduced stock shortages and stock-outs.

• Improved forecast accuracy and inventory planning effectiveness.

• Increased parts availability to support customer demand and revenue growth.

• Enhanced inventory data integrity and ERP accuracy.

• Strong cross-functional collaboration with sales, operations, and supply chain teams.

• Bachelor's Degree or Diploma in Supply Chain Management, Logistics, Business Administration, Operations Management, or a related field.

• Minimum 4 years' experience in Inventory Planning, Materials Planning, Demand Planning, or a similar inventory management role.

• Demonstrated experience working with ERP systems, preferably SAP and/or Syteline.

• Experience in forecasting, demand planning, inventory optimization, and stock control.

• Strong analytical and problem-solving skills.

• Advanced Microsoft Excel and reporting capabilities.

• Ability to work effectively across multiple stakeholders and functions.

• Willingness to travel as required.