Inventory Planning Manager

4 weeks ago

Ahmedabad, India RENÉE Cosmetics Full time
Timelessly inspired, endlessly enhanced- RENÉE Cosmetics is an Indian makeup brand that's redefining beauty with its range of high quality, cruelty-free and FDA-approved innovative range of products. RENÉE believes in empowering women to own and enjoy their bold, ambitious persona and let their glam do the talking.The art of cosmetics is a true liberator and a beautiful form of expressing oneself in tones and shades. We seek inspiration from timeless beauty and transform it to meet the needs of the modern woman.

We are actively

hiring Inventory Planning Manager at Renee Cosmetics :

Job Title: Inventory Planning ManagerLocation: AhmedabadDepartment: Supply Chain Management

Key Responsibilities:

1. Inventory Planning and Forecasting:- Collaborate with sales channels to gather inventory demand requirements and analyze sales forecasts.- Develop and maintain a comprehensive inventory planning process to align with production and sales forecasts.- Ensure optimal inventory levels by creating and implementing effective demand planning and procurement strategies.

2. Procurement Coordination:- Work with procurement teams to source finished goods and packaging materials based on production requirements.- Monitor inventory levels and initiate purchase orders to ensure uninterrupted supply while minimizing excess stock.- Collaborate with suppliers and manufacturers to maintain timely procurement schedules.

3. Production and Supply Planning:- Derive production and supply plans from forecast data to support various sales channels and distribution demands.- Coordinate with supply chain, NPD, and sales teams to align production schedules and ensure consistent availability of finished goods.- Work closely with the warehouse and inventory teams to monitor stock levels and manage reorder points.

4. Packaging Material Management:- Track and monitor packaging material usage and requirements based on BOM and production plans.- Collaborate with manufacturers to ensure packaging materials are available to meet production timelines.- Maintain detailed records of packaging inventory and ensure all materials are utilized efficiently, reducing waste and minimizing stockouts.

5. Supplier and Manufacturer Coordination:- Establish strong relationships with suppliers and manufacturers to enhance communication and improve lead times.- Regularly review supplier performance, ensuring high standards for quality and reliability.- Negotiate terms with vendors to optimize cost, quality, and delivery schedules.

6. Inventory Optimization and Reporting:- Conduct regular inventory analysis to identify improvement opportunities and reduce carrying costs.- Prepare and present regular reports on inventory performance, highlighting key metrics such as stock levels, order accuracy, and supplier performance.- Implement best practices to improve inventory accuracy and reduce waste.

Key Qualifications:

- Bachelor's degree in Supply Chain Management, Business Administration, or related field.- 5+ years of experience in inventory planning, demand planning, or a related supply chain role, preferably within the cosmetics or FMCG industry.- Strong understanding of inventory management, procurement, and production planning processes.- Proficient in ERP systems, inventory management software, and Excel.- Excellent communication, organizational, and analytical skills.- Ability to work effectively in cross-functional teams and manage multiple priorities in a fast-paced environment.Interested candidates may reach out at

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