Buyer (Inventory Planner)
Magnum Venus Products IncMagnum Venus Products (MVP) is a global manufacturer of fluid movement and production solutions for industrial applications in composites and adhesives markets. MVP collaborates with its customers to offer tailored production solutions to meter, mix, dispense, and apply materials. For over 80 years, MVP has been a leading equipment provider for the marine, infrastructure, pool and bath, oil & gas,
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transportation, aerospace, and wind industries.
As a family-owned business, MVP serves its customers and communities with integrity and respect to create a better experience. Our same core values with which the company was founded on 80 years ago continue to guide us today as we create a better experience for our employees, customers, and communities. MVP proudly offers a competitive medical (partially Company-paid), dental, vision, life and disability plan; 401k retirement plan with a 4% match; 9 Company-paid holidays; 2 Floating holidays.
The Buyer/Planner at MVP is responsible for both the procurement of materials and services and the production scheduling that keeps MVP's manufacturing operations running smoothly. This role blends the sourcing, supplier management, and purchase order execution of a Buyer with the scheduling, capacity planning, and production coordination of a Planner, ensuring the right materials and production plans are in place to meet customer and company timelines. The role requires close collaboration with Supply Chain, Engineering, Production, and Operations teams, with periodic on-site visits to the plant and suppliers.
Purchasing & Procurement Responsibilities:
• Prepare purchase orders with drawing and specification packets for suppliers and internal departments.
• Evaluate and action MRP exception messages and suggestions based on usage and replenishment records.
• Document, analyze, and compare pricing, specifications, and delivery dates to determine the best bid among potential suppliers.
• Monitor and report on supplier on-time delivery performance.
• Track and report on late PO dollars to optimize procurement processes.
• Maintain purchasing files, spreadsheets, and reports.
Production Planning Responsibilities
• Develop, maintain, and adjust scheduling plans for production based on available resources, capacity, and demand.
• Plan, schedule, and produce work orders for assembled, fabricated, and machined parts.
• Monitor production processes, addressing potential bottlenecks and ensuring smooth workflow.
• Manage the ERP system after Engineering BOMs have been completed to create production plans for Engineer-to-Order projects.
• Monitor material supply flow and identify shortages or bottlenecks, working with other departments to resolve issues and offer alternative scheduling.
• Evaluate and report on production performance metrics, such as adherence to schedule and lead times.
• Regularly update ERP/MRP systems with current scheduling data, making adjustments as changes arise in production.
• Proactively identify challenges in the production schedule and work with relevant teams to develop contingency plans. Work collaboratively with Advanced Equipment Engineers, the Machine Shop, Fabrication Shop, and Advanced Equipment Assemblers, as well as Sales, Engineering, Production, Quality, and Logistics, to determine appropriate commitments and schedules and ensure the timely, efficient flow of materials and services.
• Assist the Operations Managers in developing long-term strategies for optimizing production flow and resource utilization.
• Develop strategies aimed at improving production efficiency, reducing lead times, and bolstering production responsiveness.
Key Performance
Indicators (KPIs)
• Supplier on-time delivery rate.
• Adherence to production schedule and lead times. Bachelor's degree in Supply Chain Management, Business Administration, Operations Management, or a related field, or equivalent experience.
• 3+ years of experience in procurement, production planning/scheduling, or a sim