Inventory Planner

Career Area: Supply Chain and Logistics Job Description: Your Work Shapes the World at Caterpillar Inc. When you join Caterpillar, you're joining a global team who cares not just about the work we do – but also about each other. We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. Role Summary: We are seeking an experienced Inventory Planner to support our SPM Oil & Gas parts business. This role is critical in ensuring optimal inventory availability, minimizing stock shortages, and improving overall inventory control to support revenue generation and customer satisfaction. The successful candidate will be responsible for inventory planning, forecasting, demand management, stock optimization, and ERP-driven inventory control across multiple customer and operational sites. Key Responsibilities: - Manage inventory levels to ensure optimal stock availability while minimizing excess inventory. - Monitor, analyze, and maintain inventory accuracy using ERP systems. - Support parts sales activities by ensuring timely availability of critical SPM Oil & Gas components. - Develop and maintain forecasting and demand planning models to support business requirements. - Identify stock shortages, excess inventory, and supply risks, implementing corrective actions where required. - Generate inventory reports and provide recommendations to improve stock control and inventory performance. - Coordinate with supply chain, procurement, warehousing, and operations teams to ensure efficient inventory replenishment. - Investigate inventory discrepancies and drive root cause analyses to prevent recurrence. - Ensure compliance with internal inventory control procedures and best practices. Minimum Requirements: - Bachelor's Degree or Diploma in Supply Chain Management, Logistics, Business Administration, Operations Management, or a related field. - Minimum 4 years' experience in Inventory Planning, Materials Planning, Demand Planning, or a similar inventory management role. - Demonstrated experience working with ERP systems, preferably SAP and/or Syteline. - Experience in forecasting, demand planning, inventory optimization, and stock control. - Advanced Microsoft Excel and reporting capabilities. Additional Information: - Office-based: 5 days a week, KSA.