Sr. Analyst Component Planning

Job description

About Signify Through bold discovery and cutting-edge innovation, we lead an industry that is vital for the future of our planet: lighting. Through our leadership in connected lighting and the Internet of Things, we're breaking new ground in data analytics, AI, and smart solutions for homes, offices, cities, and beyond. At Signify, you can shape tomorrow by building on our incredible 125+ year legacy while working toward even bolder sustainability goals. Our culture of continuous learning, creativity, and commitment to diversity and inclusion empowers you to grow your skills and career. Join us, and together, we’ll transform our industry, making a lasting difference for brighter lives and a better world. More about the role What you’ll do - Manage end-to-end component planning to ensure uninterrupted material availability for production. Execute Material Requirement Planning (MRP) and analyze planning outputs to identify shortages, excess inventory, and planning exceptions. Develop and maintain optimal inventory levels through effective safety stock, reorder point, and lead-time management. Coordinate closely with Procurement and suppliers to ensure timely material deliveries and resolve supply risks. Lead critical shortage management activities and implement mitigation plans to minimize production disruptions. Support New Product Introduction (NPI), Engineering Change Orders (ECO), product transitions, and phase-in/phase-out planning. Analyze demand fluctuations and collaborate with Demand Planning and Production Planning teams to improve planning accuracy. Monitor supplier performance, delivery adherence, and recovery plans for critical components. Prepare and present inventory, material availability, and planning performance reports to management. Drive inventory optimization initiatives to reduce excess, obsolete, and slow-moving inventory while improving inventory turnover. Maintain Effective communication with internal stakeholders. Material Master Data - Maintain and validate Material Master data in SAP to ensure planning accuracy and data integrity. Analyze and update key planning parameters including Procurement Type, MRP Type, MRP Controller, Safety Stock, Reorder Point, PIR LT & PDT. Develop reports and dashboards to monitor MM data quality and planning parameter accuracy. Meets defined SLA and KPI’s on performance and quality in given TAT. Key Skills – ERP knowledge preferably SAP, Inventory Management, Supplier coordination What you’ll need - Bachelor’s degree from accredited university. Master in operations management/SCM would be plus. 6-8 years supply chain experience. Master scheduling experience is must. Working with global suppliers for open orders to meet revenue goals of the factory operations. Proficiency in MS office. Project management experience. Everything we’ll do for you You can grow a lasting career here. We’ll encourage you, support you, and challenge you. We’ll help you learn and progress in a way that’s right for you, with coaching and mentoring along the way. We’ll listen to you too, because we see and value every one of our 27,000+ people. We believe that a diverse and inclusive workplace fosters creativity, innovation, and a full spectrum of bright ideas. With a global workforce present in 70+ countries, we are dedicated to creating an inclusive environment where every voice is heard and valued, helping us all achieve more together. Come join us, and together we can light up the future.