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SalaryAt Trane TechnologiesTM and through our businesses including Trane® and Thermo King®, we create innovative climate solutions for buildings, homes, and transportation that challenge what’s possible for a sustainable world. We're a team that dares to look at the world's challenges and see impactful possibilities. We believe in a better future when we uplift others and enable our people to thrive at work and at home. We boldly go.
Position Overview
This role involves buying and planning of sourced finished goods items including end-to-end reconciliation of purchase orders/releases to vendor payment. The focus includes fostering strong vendor relationships, managing item maintenance, exceeding KPIs, establishing and maintaining standard work procedures, initiating and driving problem-solving and continuous improvement in planning and buying activities. Other tasks as assigned.
- Ensure proper safety stock levels for each SKU, considering historical sales, seasonality, lead time, and SIOP forecast. Implement inventory plans to align with customer service targets.
- Apply min-max or time phased planning techniques.
- Required to use Operational Excellence tools such as 9-Step / A3 Thinking, actively participate in RIEs, VSAs, and build relationships with OpEx coaches.
- Engaged in the SIOP cycle, involving PSI, Demand Review, Supply Review, as well as participating in yearly AOP and standard cost updates.
- Tracking and reporting of goods in-transit.
- Manage supply plan to meet SIOP and corporate objectives. Regularly review and adjust the supply plan to accommodate changes and spikes in demand.
- Achieve Available to Commit, Fill Rate, and inventory YOY targets (Dollars, Turns and Days on Hand)
- Provide the vendor a 6-to-18 month projected buy plan.
- Use Line-of-Balance reporting to react and mitigate material shortages.
- Accountable for item maintenance, including the creation and enrichment of model numbers, updating and superseding SKUs, and establishing attributes and categories.
- Manage Purchase Order maintenance, involving the creation of release or PO, upkeep of promise/delivery dates, maintenance of price adjustments, handling model change updates on POs/Blankets/Releases, reconciling overages and shortages, and performing vendor payment reconciliation as required.
- Cultivate and sustain positive working relationships across departments, including Product management, Procurement, Engineering, Transportation, Customer Service, Finance, Warehousing, SIOP, DSO planning.
- Implement corrective actions and counter measures to meet material availability targets within the value stream.
- Track and maintain Trane Technologies metrics and KPIs, providing reporting as needed.
- Employ Oracle Reporting, Servigistics, Tableau, Alteryx, Excel, Power Point Windchill, and Demantra. Develop and sustain tools, reports, and presentations.
- Oversee inventory throughout the phase-in/phase-out process in New Product Introductions, minimizing obsolescence while fully meeting sales demand. Develop and implement processes to reduce excess and obsolete inventory.
- Bachelor’s degree required.
- Minimum 2 to 3 years of relevant experience.
- Strong analytical skills.
- Oracle R12, Servigistics and/or other ERP experience.
- Advanced proficiency in MS Office Applications especially Excel and PowerPoint.
- APICS certification or Lean experience considered a plus.
- Working knowledge of advanced analytic tools (Alteryx, Tableau, etc.)
- Item Creation and Maintenance.
- Previous buying experience and working with vendors.
- Ability to thrive in a team environment.
- Positive and constructive attitude.
- Demonstrates proficient analytical and data manipulation capabilities.
- Fundamental grasp of statistical concepts.
- Ability to effectively communicate across various departments and levels.
- Benefits kick in day one!
- 6% 401K match, plus an additional 2% of eligible pay in core contributions.
- 3 weeks of vacation per calendar year, plus paid holidays.
- Benefits*: https://www.tranetechnologies.com/en/index/careers/benefits.html
Location: This is a remote opportunity
Base Pay Range: $65,000 - $90,000 annually
Disclaimer: This "range" could be a result of seniority, merit, geographic location where the work is performed, education, experience, travel requirements for the job, or because of a system the employer uses to measure earnings by quantity or quality of production (so, for example, positions that may not have traditional salary ranges).
- Benefits vary by region, business alignment, union involvement and employee status.
We offer competitive compensation and comprehensive benefits and programs. We are an equal opportunity employer; all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, pregnancy, age, marital status, disability, status as a protected veteran, or any legally protected status.
