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Inventory Analyst
3 months ago
About the Company & Position Overview:
At The Pant Project [www.pantproject.com], we are on a mission to bring style, comfort, and
confidence to every Indian. We are a digital-first direct-to-consumer apparel brand that is bringing
bottom wear with the highest quality fabrics and international fashion trends to our customers.
Backed by one of the leading textile makers of the world, we are building a fashion brand from India
for the world. We have been recognized as one of India’s leading emerging D2C Fashion Start Ups 2
years in a row. While we started out as a 100% custom-made brand, we have branched out into
marketplaces as well, via an off-the-rack solution. We have scaled to #1 in Men’s Formal Trousers on
Amazon. This is just the beginning of our journey.
The Inventory Analyst & Production Coordinator will play a critical role in ensuring optimal inventory
levels across multiple warehouses and stores, including Amazon's warehouse, our own warehouse,
and others. This individual will be responsible for analyzing inventory needs, coordinating with
production teams, and implementing efficient production strategies to meet demand and maintain
adequate stock levels.
You should enjoy setting up processes, building systems and improving operational efficiency to aim
for no stockouts. The ideal candidate is experienced in inventory forecasting, the Amazon ecosystem
or production planning.
Note: This position will be based out of Mumbai. Occasional travel to manufacturing partners may
be required.
Key Responsibilities:
- Inventory Analysis: Regularly assess sales trends on own website, stores, Amazon & Myntra, and verify inventory levels at own warehouse & Amazon's warehouse, to identify potential stock gaps or overstock situations.
- Forecasting and Planning: Utilize inventory forecasting techniques and historical data to accurately predict future demand and inventory requirements.
- Production Coordination: Collaborate closely with the production teams to plan and schedule the manufacturing of goods to meet inventory needs. Determine whether line production or bucket production is most appropriate based on demand, time constraint & cost optimization.
- Supply Chain Optimization: Streamline inventory management processes and supply chain workflows to minimize stockouts, reduce excess inventory, and improve overall efficiency.
- Inventory Reporting: Generate regular reports on inventory levels, sales performance, and production status for review by management.
- Risk Assessment: Identify potential risks in the supply chain and propose proactive solutions to mitigate them.
- Vendor Collaboration: Liaise with vendors and suppliers to ensure timely delivery of raw materials and finished products, maintaining strong relationships to support production schedules.
Qualifications and Experience:
- Bachelor's degree in Supply Chain Management, Operations, Business Administration, or a related field.
- Proven experience (at least 2-4 years) in inventory analysis and production planning, preferably within the fashion or retail industry.
- Strong analytical skills and proficiency in inventory forecasting techniques.
- Excellent communication and interpersonal skills for effective coordination with crossfunctional teams and external partners.
- Solid understanding of supply chain principles and inventory management best practices.
- Ability to work in a fast-paced environment and adapt to changing priorities.
- Detail-oriented and able to maintain accuracy while managing multiple tasks.
- Proficiency in relevant software and tools for data analysis and reporting.
What You Can Expect:
- Competitive salary and performance-based incentives.
- Experience work life at a young brand with opportunity to establish processes on your own
- Collaborative and inclusive work environment.
Note: This job description is intended to provide a general overview of the position's responsibilities
and requirements. Specific tasks and duties may vary as per the company's evolving needs.