The posting
Company Description
Fortune Brands Innovations (NYSE: FBIN) is an industry-leading home, security and digital products company with a portfolio of trusted brands, including Moen, House of Rohl, Therma-Tru, Larson, Master Lock, Yale residential, and Sentry Safe.
We are building a company that is determined to win, and we are clear about how: strong brands, great people, and disciplined execution.
You'll join a team that puts customers first, keeps its commitments, and cuts through complexity to deliver meaningful results.
If you're looking for an opportunity to make an impact and help shape what's next for our iconic brands, we'd love to meet you. Apply now.
Explore life at Fortune Brands here.
Job Description
The Lead Supply Planning role will be responsible for ensuring the right materials, components, and finished goods are available at the right time, cost and quality.
This role will work closely with the MPS team and be responsible for the creation of the procurement of finished goods to satisfy customer demand while supporting targeted inventory levels, resource utilization, and meeting customer service expectations.
Location: This role is eligible for a hybrid work schedule, reporting into the Deerfield, IL HQ.
Responsibilities
- Evaluate real-time forecast consumption and consumer level POS information; take corrective action to optimize inventory in accordance with those trends.
- Manage supply-demand imbalances with speed and precision, escalating risks proactively
- Identify risks in the supply network and lead efforts to mitigate them.
- Develop and maintain supply continuity plans for critical materials and components
- Analyze multiple sources of data to develop feasible, master production plans for finished goods based on capacity requirements.
- Manage Master Data maintenance to ensure that lot sizes, ordering frequency, DC locations and manufacturing data are aligned for efficiency.
- Support the Supply Chain, Sourcing and Operations Teams by identifying the drivers for supply disruptions and analyzing the impact on Service, Productivity and Revenue. Perform ad hoc analysis and provide options for Service recovery.
- Seek solutions for situations that prevent Supply Planning from achieving our fillrate goals of 98%+ for retail customers and 95%+ for wholesale customers
- Ensure the master production schedule and sourcing supply fits with S&OP (Sales and Operations Planning Process) guidelines as set forth by the management team. Facilitate discussion and resolution where needed for potential supply constraints.
- Facilitate excellent vendor management practices.
- Identify, resolve, and find root cause to planning issues by using appropriate problem-solving techniques.
- Understand the linkages and facilitate synergies between all areas that interact with/in the supply chain such as Material Planning, Inventory Management, Demand Planning, Production Scheduling, Transportation, Distribution Centers, Order Fulfillment, Customer Service, Marketing, Finance and The Business Units. Be the product availability focal point for all other groups.
- Analyze department performance metrics to resolve issues and identify process improvement opportunities.
- Manage SMOG (slow moving, obsolete goods) inventory. Direct salvage of damaged or unusable material.
Qualifications
- Bachelor’s degree in Business or a related field is preferred
- Minimum of 5+ years of related supply chain experience.
- Knowledge and understanding of ERP systems - SAP (APO & ECC) Master Scheduling, Production Planning, MPR with exposure to purchasing
- Demonstrated record of increased responsibility for complex projects while supporting strategic initiatives
- Strong analytical aptitude and problem-solving skills are required
- Strong verbal and written communication skills and the ability to communicate and establish relationships with all levels of the organization
- Ability to influence and drive solutions across supply chain
- Must be a team player with the ability to think conceptually, flexibly and a strong focus on execution.
- Strong mathematical ability.
- Excellent presentation skills.
Additional Information
Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $90,000 USD - $143,000 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.
At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits, adoption benefits, and more. We offer numerous ERGs (Employee Resource Groups) to foster a sense of belonging for all associates.
Fortune Brands is built on industry-leading brands and innovation within the high-growth categories of water, outdoors and security. The Company makes innovative products for residential and commercial environments, with a growing focus on digital solutions and products that add luxury, contribute to safety and enhance sustainability. To learn more, visit our website at fbin.com.
Equal Employment Opportunity
Fortune Brands is an equal opportunity employer. Fortune Brands evaluates qualified applicants without regard to race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability/handicap status, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.
Reasonable Accommodations
Fortune Brands is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information.
Important Notice: Protect Yourself from Fraudulent Job Postings
To protect yourself from fraudulent job postings or recruitment scams, please note that Fortune Brands job postings are exclusively hosted on our website at fbin.com/careers via our SmartRecruiters platform. Fortune Brands will never request banking information or sensitive personal details until an offer of employment has been accepted and the onboarding process begins.
