Junior Inventory Planner at Terex in KY Louisville Business Park

Job description

Job Description: About Terex: Terex is a global manufacturer of material processing products and services that deliver lifecycle solutions to maximize customer return on investment. Terex delivers lifecycle solutions to a broad range of industries, including construction, infrastructure, manufacturing, shipping, transportation, refining, energy, utility, quarrying and mining. For more information about Terex, its products and services, visit www.terex.com Title Junior Inventory Planner Reports to Forecasting & Inventory Planning Manager Location: Louisville, KY The Junior Inventory Planner supports inventory planning and replenishment activities to ensure optimal inventory levels and product availability across Terex Parts Distribution operations. Working closely with Inventory Planners, Purchasing, Materials Management, and Supply Chain teams, this role is responsible for analyzing inventory performance, maintaining planning parameters, supporting demand forecasting activities, and identifying opportunities to improve inventory accuracy and service levels. This position is ideal for an early-career supply chain professional who is analytical, detail-oriented, and interested in developing expertise in inventory planning, forecasting, and supply chain operations. The Junior Inventory Planner will gain exposure to planning systems, inventory optimization practices, and cross-functional collaboration while contributing to inventory health, customer satisfaction, and continuous improvement initiatives. Required Qualifications Bachelor's degree in Supply Chain Management, Business, Statistics, Operations Management, Logistics, Finance, Engineering, or a related field; or equivalent relevant experience. 0-3 years of experience in inventory planning, supply chain, materials management, purchasing, logistics, or data analysis. Proficiency in Microsoft Excel, including Pivot Tables, VLOOKUP/XLOOKUP, and data analysis. Strong analytical and problem-solving skills. Strong attention to detail and organizational skills. Ability to manage multiple priorities in a fast-paced environment. Effective written and verbal communication skills. Ability to work independently and collaboratively within a team environment. Preferred Qualifications Experience with ERP systems (Oracle preferred). Exposure to inventory planning, forecasting, purchasing, or supply chain concepts. Experience using inventory planning tools such as Syncron or similar systems. Experience with Power BI, SQL, or other reporting and analytics tools. Understanding of inventory management principles, forecasting, and replenishment processes. Manufacturing or distribution environment experience. Key Responsibilities Support inventory planning activities to maintain target inventory levels and product availability. Review inventory performance and identify inventory shortages, excess inventory, and obsolescence risks. Assist with demand forecasting and inventory projection activities using historical data and business inputs. Maintain planning system parameters, inventory settings, and master data accuracy. Monitor supplier lead times and support data maintenance activities. Analyze inventory trends and recommend actions to improve service levels and inventory efficiency. Collaborate with Purchasing, Operations, Sales and Supply Chain teams to address supply and inventory challenges. Support excess and obsolete (E&O) inventory reduction initiatives. Assist with inventory planning for new product introductions and product phase-outs. Generate reports and dashboards to support inventory reviews and decision-making. Participate in continuous improvement initiatives to enhance planning processes and system performance. Support inventory management across assigned product categories, brands, or locations. Travel Up to 10% travel as business needs require. Why Join Us We are a global company, and our culture is defined by our Values — Integrity, Respect, Improvement, Servant Leadership, C