Description

A supply chain planner is responsible for ensuring that a company receives the materials or supplies they need quickly, efficiently, and within budget. To do this, they must monitor the company’s inventories and track the performance of current supply methods. Then, the supply chain planners try to find ways to improve that process. Depending on their industry, the supply chain planner may suggest moving warehouses, changing suppliers, or switching transportation methods. In the event of a supply emergency (such as a sudden increase in demand or a shortage of materials), the supply chain planner must also determine how to get new supplies in time to meet deadlines. Supply chain planners work in a variety of fields, such as retail, manufacturing, pharmaceuticals, and distribution. Regardless of the field, the supply chain planner works in an office setting during regular business hours, but overtime may be required if an emergency situation arises.To become a supply chain planner, a bachelor’s degree is usually required. Companies typically prefer degrees in supply chain, business, operations, or a related field. A master’s degree in business administration may be helpful, especially if the applicant hopes to rise to a senior level in the company. Also, two to five years of experience working in the supply chain field is often required. Some companies may require certifications in operator or vendor management, such as the APICS Certified in Production and Inventory Management (CPIM) or the APICS Certified Supply Chain Professional (CSCP).

Roles & Responsibilities

As a Supply Chain Planner with 3-6 years of experience in Canada, your main responsibilities include:

  • Develop and implement inventory management strategies to optimize stock levels and minimize costs. Analyze demand forecasts, monitor inventory levels, and generate replenishment plans to meet customer requirements.
  • Coordinate with suppliers and internal stakeholders to ensure timely delivery of materials and components. Collaborate with vendors, production teams, and logistics partners to maintain smooth flow of goods throughout the supply chain.
  • Monitor and evaluate key performance indicators KPIs to identify areas for improvement and drive operational efficiency. Track metrics such as order fulfillment, on-time delivery, and inventory turnover to enhance supply chain performance.
  • Mitigate supply chain risks by identifying potential disruptions and implementing contingency plans.

Qualifications & Work Experience

For a Supply Chain Planner, the following qualifications are required:

  • Strong analytical skills to analyze inventory levels, demand forecasts, and production schedules to optimize supply chain operations.
  • Proficiency in using supply chain management software and tools to plan and track inventory, monitor supplier performance, and ensure timely delivery of goods.
  • Excellent problem-solving abilities to identify and resolve supply chain issues, such as stock shortages, transportation delays, and supplier constraints.
  • Effective communication skills to collaborate with cross-functional teams, including procurement, production, and logistics, to coordinate activities and ensure seamless supply chain operations.

Essential Skills For Supply Chain Planner

1

Supply Chain Management Software

2

Data Analysis

3

Logistics Allocation

4

Supply Chain Planning

Skills That Affect Supply Chain Planner Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Forecasting

11%

Supply Chain Analytics

2%

Strategic Planning

10%

Data Analysis

1%

Career Prospects

For a Supply Chain Planner with 3-6 years of experience in Canada, several alternative roles can be considered. Here are four options to explore:

  • Demand Planner: A role that focuses on analyzing market trends, customer demand, and sales data to forecast product demand and optimize inventory levels.
  • Logistics Coordinator: A position involved in coordinating the movement of goods, managing transportation providers, and ensuring timely delivery to customers.
  • Operations Manager: A role responsible for overseeing the day-to-day operations of a supply chain, including inventory management, production planning, and process improvement.
  • Inventory Analyst: A position that involves analyzing inventory data, identifying trends and patterns, and implementing strategies to optimize inventory levels and minimize costs.

How to Learn

According to the latest data available from Google, the projected growth of the Supply Chain Planner role in Canada is expected to be positive. The market demand for this position is on the rise, with an increasing number of companies recognizing the importance of efficient supply chain management. Over the past 10 years, the job role has witnessed consistent growth, driven by globalization and the need for optimizing logistics. This trend is expected to continue in the future, resulting in a significant number of employment opportunities for Supply Chain Planners in Canada.