TK Elevator is seeking a highly analytical and execution-focused Inventory Planner / Buyer – Spare Parts to support the performance of our Spare Parts Distribution Center. This role is critical in ensuring parts availability through a demand-driven replenishment model, while optimizing inventory levels, supplier performance, and cost efficiency.

This position is responsible for end-to-end inventory planning and procurement execution, leveraging real-time demand signals, historical consumption patterns, and system-driven replenishment strategies to maintain continuity of supply. The role serves as a key connector between field operations, supply chain, finance, and suppliers, ensuring timely and accurate response to demand without reliance on traditional forecasting models.

ESSENTIAL JOB FUNCTIONS:

Demand-Driven Inventory Planning

• Manage inventory using a demand-driven replenishment model, ensuring appropriate stock levels based on actual consumption and system signals
• Maintain and optimize stocking policies, reorder points, safety stock, and min/max parameters to align with service level and working capital targets
• Monitor inventory health, including stockouts, excess/obsolete inventory, and fill rate performance, and take corrective action
• Analyze usage trends and variability to refine replenishment strategies and improve responsiveness

Supply Planning & Procurement Execution

• Execute daily purchasing activities driven by system recommendations and real-time demand signals
• Review purchase requisitions for accuracy and completeness; place orders with approved suppliers
• Serve as the primary point of contact for MRO procurement, including sourcing and executing one-off or exception purchases
• Expedite purchase orders and proactively manage supply risks to ensure continuity

Supplier Management & Negotiation

• Work closely with suppliers to ensure on-time delivery, quality, and service performance
• Participate in negotiations related to pricing, lead times, and service levels
• Resolve supplier issues, including delays, discrepancies, and service failures
• Communicate cost changes and supply constraints to stakeholders

Financial & Transactional Oversight

• Manage the full purchase order lifecycle, including tracking, issue resolution, and closure
• Perform invoice reconciliation, resolving pricing discrepancies and payment issues in collaboration with Finance and suppliers
• Ensure compliance with purchasing policies, internal controls, and ethical standards
• Maintain accurate and timely data within ERP systems (Oracle/SAP)

Data Analysis & Continuous Improvement

• Conduct root cause analysis on inventory and supply issues (stockouts, late deliveries, excess inventory)
• Identify and implement process improvements and cost-saving opportunities
• Support inventory strategies for new product introductions, lifecycle changes, and product phase-outs
• Drive improvements in inventory turns, service levels, and replenishment accuracy

Cross-Functional Collaboration

• Partner with field operations, sales teams, finance, and supply chain leadership to align on demand signals and supply priorities
• Act as a key liaison ensuring clear communication on order status, constraints, and resolutions
• Support strategic initiatives and special projects as assigned

EDUCATION & EXPERIENCE:

• Bachelor’s degree in Supply Chain, Business, Finance, or a related field, or equivalent practical experience
• 3–5 years of experience in inventory planning, supply chain, or procurement within a demand-driven environment
• Experience with purchase order management and invoice reconciliation
• Strong analytical skills with the ability to interpret consumption data and system-driven signals
• Advanced proficiency in Microsoft Excel, including data analysis, pivot tables, and lookup functions, as well as PowerPoint
• Experience working in an ERP systems
• Experience working in inventory/material planning systems
• Proven ability to work effectively in a fast-paced, high-volume, and reactive environment

PREFERRED:

• Experience in distribution, spare parts, or MRO environments
• Familiarity with replenishment models such as min/max, reorder point, and safety stock optimization
• Exposure to continuous improvement methodologies, including Lean and Six Sigma
• Experience with Oracle ERP
• Experience with Baxter planning system

Provided they meet all eligibility requirement under the applicable plan documents, employees will be offered

• Medical, dental, and vision coverage
• Flexible spending accounts (FSA)
• Health savings account (HSA)
• Supplemental medical plans
• Company-paid short- and long-term disability insurance
• Company-paid basic life insurance and AD&D
• Optional life and AD&D coverage
• Optional spouse and dependent life insurance
• Identity theft monitoring
• Pet insurance
• Company-paid Employee Assistance Program (EAP)
• Tuition reimbursement
• 401(k) Retirement Savings Plan with company match: Employees can contribute a portion of their pay on a pre-tax or Roth basis. The company provides a dollar-for-dollar match on the first 5% contributed.

Additional benefits include:

• 15 days of vacation per year
• 11 paid holidays each calendar year (10 fixed, 1 floating)
• Paid sick leave, per company policy
• Up to six weeks of paid parental leave (available after successful completion of 90 days of full-time employment)

Eligibility requirements for these benefits will be controlled by applicable plan documents. This is intended to provide a general description of benefits and other compensation and is not a substitute for applicable plan documents or company policies.

TK Elevator is an equal opportunity employer and committed to diversity. Qualified applicants will receive consideration for employment without regard to age, gender, race, color, religion, sexual orientation, gender identity, national origin, disability, and veteran status or any other protected status required by applicable law.

Applicants with disabilities who require reasonable accommodation in connection with the application process are encouraged to email us directly at ElevatorJobs.ams@tkelevator.com or call 1-844-427-5461.