Inventory Planner
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Job Description
ABOUT YOUR ROLE:
Responsible for daily inventory planning, stock optimization, and material availability. This role requires strong analytical and logical reasoning to balance stock levels, optimize inventory turnover, and ensure seamless supply chain performance.
• Optimize raw materials, WIP, and finished goods inventory levels using Oracle ERP to balance service levels and holding costs.
• Validate demand forecasts against inventory and open orders to prevent stockouts and manage excess inventory.
• Set and adjust safety stock parameters, reorder points, and replenishment schedules based on usage and lead times.
• Address inventory supply bottlenecks promptly to prevent disruption to production and delivery schedules.
• Collaborate with Production, Material Planning, Quality Control, Warehouse, Procurement, and Customer Service teams.
• Maintain daily/weekly inventory dashboards tracking KPIs (Turnover Ratio, Stockout Rates, SLOB stock)
• Work independently under minimal supervision to meet assigned KPI targets.
WHAT WE WILL BE LOOKING FOR IN YOU:
• Strong analytical and logical reasoning skills with proficiency in handling large data files.
• 2–4 years of experience in Inventory Planning or Supply Chain Management within manufacturing.
• Sound understanding of inventory principles (Safety Stock, Reorder Levels, ABC/XYZ Analysis, BOM, and Routing).
• High attention to detail, problem-solving ability, and operational integrity.
• Strong organizational skills to manage multiple priorities in a fast-paced environment.
Requirements
Department: Supply Chain
Experience Level: Entry Level