Inventory Forecasting and Planning Professional

Job Description
Provision of demand forecasting, planning and optimisation of inventory requirements and usage. Ensure the supply chain maintains appropriate levels of repairable and consumable assets to meet customer requirements. Responsible for maintenance and update of inventory forecasting system(s). Gathering information and analysis of data to aid demand forecasting.

Core Activity:

• Develop and produce under supervision accurate inventory forecasts, to inform strategic decision-making and determine the inventory requirements for the fleet.
  
• Work with Fleet Planning, Maintenance Tasking and all other key stakeholders, in order to deliver the required standards of Continuing Airworthiness and contract delivery.
  
• Management of inventory under supervision through planning, stock positioning, monitoring item condition and ensuring product availability.
  
• Deliver under supervision the ability to minimise expenditure through the exploration of all alternative sources of supply, including RTP, cannabilisation, use of alternative/substitute parts. The ability to determine the most appropriate asset solution (repair, overhaul or provide spare). The ability to provide repair scheduling tasking into repair bay facilities.
  
• Deliver under supervision the planning of components into maintenance to ensure compliance with the Operator Maintenance Programme, Mandated requirements, applicable technical instructions and capability embodiment programmes.
  
• Deliver, define and maintain under supervision forecasting parameters to include calculation methods and parts classification (ABC Analysis). The ability to enact purchase order requests with appropriate and affordable supply chain solutions through an approval process
  

Key Accountabilities:

• Performance indicators – Provide effective provision of IF&P activities by meeting delivery targets and reporting on any impact on Continuing Airworthiness, operational/process performance. Understand how individual actions contribute to overall delivery performance.
  
• Completion of activities – Ensure all IF&P activities are appropriately documented and airworthiness records are maintained on relevant systems (IT / paper based). Compile required reporting, identify any issues and escalate as appropriate.
  
• Procedure/standards – Comply with the MAI CAME, its associated procedures and standards, and any other AM&S or company procedures and standards, as applicable. Identify and propose changes, as required.
  
• Safety Management System – Ensure Human Factors and Error Management philosophies are applied to all IF&P activities. Understand the risks associated with IF&P and the means by which they are mitigated and managed.
  
• Management System Assurance – Ensure IF&P activities are compliant with the AM&S Governance and Assurance framework, including supporting process confirmations and independent assurance audits. Support the response to audit findings in a timely and appropriate manner and provide information into the relevant reviews. Support the implementation of identified improvements to overcome any non-compliance and monitor effectiveness.
  
• Statutory / Regulatory & Legislative requirements – Able to demonstrate an appropriate level of understanding and application of the relevant Continuing Airworthiness Regulatory framework. Support the implementation of any Regulatory-driven changes into the IF&P activities. Ensure compliance with all other requirements, e.g. ITAR, EaPW, ISO, etc.
  
• Contractual Requirements – Ensure compliance with applicable contractual requirements, e.g. through support to contract reviews and the incorporation of required changes into the IF&P processes.
  

Requirements

• Understands the Regulatory Framework and it’s applicability to the IF&P processes and activities.
  
• Able to build good relationships with Customers, Part 145 Organisation(s), OEMs, Suppliers and other key stakeholders’ personnel.
  
• Have an operational knowledge and understanding of the platform contract(s), the fleet’s performance and the business key performance metrics.
  
• Demonstrate an understanding of Reliability Programmes and the impact of their findings on the Operator Maintenance Programme and the IF&P inventory strategy.
  
• Good quantitative and analytical skills/experience, with Lean principles.
  
• Ability to analyse and interpret data with a high level of attention to detail.
  
• Requires good IT literacy skills and knowledge of asset tracking / ERP systems.
  
• Understanding of Project Management techniques.
  
• Recognised qualification to NVQ3/Level 3 Award in relevant discipline desirable.
  

Benefits

• Competitive Basic Salary
  
• 25 Days Annual Leave
  
• Annual Bonus
  
• On site Parking
  
• Pension Scheme
  
• Life Assurance
  

Requirements
Qualifications Academic qualification for this role is a minimum of City & Guilds 2675 or 2661 in Aeronautical Engineering and Maintenance NVQ Level 3 or equivalent. Typically, 2+ years’ experience including type, classed as fully competent with all required Authorisations in place. Requires general product knowledge/competency within own technical/subject area and a basic knowledge of those elements in other areas. Awareness of how the team integrates with others in order to achieve the overall objectives of the area and demonstrates an understanding of the requirement for continuous improvement and its application. Trade ‘Q’ Course- Pass. Leadership- Foundation. Human Factors- Standard Course Specification. E&PW Awareness- Standard Course Specification. ITAR Awareness- Standard Course Specification. IT Literate.