Analyst, Material Planning

ABOUT FTAI AVIATION LTD. (NASDAQ: FTAI)

FTAI owns and maintains commercial jet engines with a focus on the Maintenance, Repair and Exchange (MRE) of CFM56 and V2500 engines. FTAI’s propriety portfolio of products, including The Module Factory and a joint venture to distribute engine PMA helps make CFM56 and V2500 engine maintenance simpler, more cost-effective, significantly faster, and more environmentally friendly. Additionally, FTAI owns and leases jet aircraft which often facilitates the acquisition of engines at attractive prices. FTAI invests in aviation assets and aerospace products that generate strong and stable cash flows with the potential for earnings growth and asset appreciation.

FTAI operates globally and has offices in New York, Miami, Montreal, Singapore. Dubai, United Kingdom and Ireland.

JOB OVERVIEW

This role is responsible for planning and securing the material needed to support engine shop visits and builds across FTAI’s four Maintenance, Repair and Exchange facilities. The Material Planning Analyst will use our proprietary software, FTAI Inventory Management Center built with Palantir, to turn production schedules and engine build requirements into material demand, monitor current inventory levels and open orders, and support the management of FTAI’s $1.5bn annual inventory spend. The candidate will also support the improvement and expansion of FTAI’s Inventory Management Center and user adoption across all FTAI facilities.

Candidates will also champion initiatives critical to ensuring that material is available when and where it is needed to support engine builds, minimizing parts shortages and production delays, and supporting cost saving initiatives for individual piece parts. Primary responsibilities include translating the production plan into material requirements, identifying shortages and at-risk builds, and notifying commodity managers of needs and parts to issue in RFQ.

Responsibilities:

• Translate shop visit and engine build schedules into material requirements using FTAI’s Inventory Management Center, comparing demand against on-hand, in-transit and on-order inventory to identify shortages for each of FTAI’s 4x Maintenance, Repair and Exchange facilities
• Set, review and maintain min/max levels, reorder points and lead time parameters for each facility, and notify the commodities team of the demand for purchase of inventory
• Monitor open purchase orders and supplier delivery dates, flag parts at risk of delaying production, and work with commodity managers and suppliers to expedite critical items
• Analyze daily inventory balances for over supply and slow-moving parts, recommend inventory to redistribute between facilities or sell based on market demand, and notify commodities team of inventory to sell
• Evaluate parts proposals and RFQ’s from suppliers to determine if pricing and lead times meet FTAI requirements
• Ensure configuration and regulatory requirements are met for parts acquired and understand the various configurations needed for engine builds
• Perform root cause analysis on parts shortages and production delays, and recommend corrective actions to improve planning accuracy
• Drive improvements in business efficiencies and user adoption of FTAI’s Inventory Management Center across all FTAI shops with the support of Palantir
• KPI’s include meeting Inventory Targets, maintaining Min/Max requirements, material availability for planned builds and ensuring Production meets deadlines without delays due to parts

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Qualifications:

• You have 3 to 7 years of experience in Material Planning, Supply Chain Analytics, Parts Procurement or Engine Maintenance
• Knowledge of supply chain and material planning best practices, industry trends, and emerging technologies
• Strong analytical skills, with advanced Excel and experience with ERP/MRP systems and data analytics or BI tools. Ability to work with a broad range of variables, conduct root cause analysis, and assess both short-term and long-term impact of alternative courses of action
• Proven ability to achieve results in a fast-paced environment with fluctuating priorities and deadlines
• You have working knowledge of Engine Maintenance and Supply Chain Management; knowledge of CFM56 products is an asset
• You hold a bachelor’s degree in supply chain management, data analytics, business or equivalent
• You may be required to travel and work extended hours when required
• Excellent organizational awareness and relationship building skills, with the ability to work across multiple teams in various locations
• Excellent business acumen combined with demonstrated communication, collaboration, negotiation and influence skills

Job Demands:

Work is performed in a Shop environment and requires the ability to perform extensive standing, driving, walking, and climbing; to lift up to 50lbs. regularly; to manipulate up to 100lbs. with assistance. Must be able to bend, stoop, climb to reach materials, and work in a noisy environment.

Equal Opportunity Employment Statement:

Our company is an equal opportunity employer. We do not discriminate against any employee or applicant based on race, color, religion, national origin, age, sex (including pregnancy), physical or mental disability, genetic information, sexual orientation, gender identity, marital status, veteran status, or any other characteristic protected by applicable federal, state, or local laws.