๐ง๐ต๐ถ๐ ๐ฟ๐ผ๐น๐ฒ ๐ถ๐ ๐ณ๐ผ๐ฟ ๐ผ๐ป๐ฒ ๐ผ๐ณ ๐๐ต๐ฒ ๐ช๐ฒ๐ฒ๐ธ๐ฑ๐ฎ๐'๐ ๐ฐ๐น๐ถ๐ฒ๐ป๐๐
๐ฆ๐ฎ๐น๐ฎ๐ฟ๐ ๐ฟ๐ฎ๐ป๐ด๐ฒ: ๐ฅ๐ ๐ณ๐ฌ๐ฌ๐ฌ๐ฌ๐ฌ - ๐ฅ๐ ๐ญ๐ฎ๐ฌ๐ฌ๐ฌ๐ฌ๐ฌ (๐ถ๐ฒ ๐๐ก๐ฅ ๐ณ-๐ญ๐ฎ ๐๐ฃ๐)
Experience: 3+ yrs
Location: India, Bengaluru, Karnataka, India
As a Inventory Planning, you will lead the strategic oversight of inventory levels to align supply with demand across the supply chain, ensuring optimal product availability while minimizing excess stock. You will collaborate with procurement, logistics, and sales teams to forecast demand, analyze inventory turnovers, and implement dataโdriven strategies that drive cost efficiencies. Your expertise will guide continuous improvement initiatives that refine replenishment cycles and product lifecycle management, directly impacting service levels and bottom line profitability. You will also monitor key performance indicators, generate insightful reports, and support decisionโmaking with actionable insights that enhance overall inventory health.
Requirements
๐๐ฒ๐ ๐ฅ๐ฒ๐๐ฝ๐ผ๐ป๐๐ถ๐ฏ๐ถ๐น๐ถ๐๐ถ๐ฒ๐
โข Develop and maintain accurate demand forecasts using advanced analytics and market intelligence.
โข Optimize inventory levels to balance service levels with carrying costs across multiple locations.
โข Design and implement inventory replenishment strategies and reorder point calculations.
โข Collaborate with procurement to coordinate purchase orders and vendor performance.
โข Analyze inventory aging reports and initiate actions to reduce obsolete stock.
โข Monitor and report on key performance indicators such as stockโonโhand, turnover, and fill rate.
โข Identify and mitigate risks related to supply chain disruptions and demand volatility.
โข Drive continuous improvement projects to streamline inventory processes and reduce waste.
โข Ensure compliance with regulatory requirements and internal audit standards.
โข Mentor and train junior staff on inventory best practices and analytics tools.
๐ช๐ต๐ฎ๐ ๐ ๐ฎ๐ธ๐ฒ๐ ๐ฌ๐ผ๐ ๐ฎ ๐๐ฟ๐ฒ๐ฎ๐ ๐๐ถ๐
โข Bachelorโs degree in Supply Chain, Logistics, or related field.
โข 3+ years of experience in inventory planning and management roles.
โข Proficiency in inventory management software (e.g., SAP, Oracle, or similar).
โข Strong analytical skills with the ability to interpret complex data and trends.
โข Excellent communication skills for crossโfunctional collaboration.
โข Demonstrated ability to lead process improvement initiatives.
โข Knowledge of demand forecasting techniques and statistical methods.
โข Experience with supply chain analytics and KPI reporting.
โข Ability to work effectively in a fastโpaced, dynamic environment.