Inventory Planner

1 day ago

Thane MH IN KD Supplychain Solutions Pvt. ltd. Full time

Job Purpose The Inventory Planner will be responsible for end-to-end inventory planning replenishment distribution and stock optimization across all locations The role ensures that the right products are available at the right location in the right quantity and at the right time while minimizing excess expiries and stock-outs This is a critical role given that inventory is owned by your company Major Accountabilities 1 Inventory Planning Replenishment a Maintain optimal inventory levels at each of the warehouses b Prepare and update weekly replenishment plans based on sales trends consumption safety stock and lead times c Plan and raise purchase orders to the principal company as per demand and stock projections d Track open POs follow up with principals for timely deliveries 2 Demand Forecasting a Analyze sales trends seasonality product movement promotions and new launches b Forecast SKU-wise demand to avoid stock-outs or overstocking c Coordinate with sales team for future demand visibility 3 Multi-location Stock Balancing a Monitor SKU-level stock across all locations b Identify surplus and deficit locations and plan inter-location stock transfers efficiently c Optimize stock distribution to reduce carrying cost and improve order-fill rate 4 Inventory Health Management a Track expiries near-expiry stock slow-moving and non-moving items b Work with sales and management to liquidate ageing stock c Ensure FIFO FEFO adherence across warehouses 5 Coordination Communication a Work closely with warehouse teams for daily stock updates discrepancies and cycle count results b Coordinate with sales procurement finance and principal company for planning-related matters c Support customer service team with stock visibility and availability information 6 Reporting Analysis a Prepare MIS reports i Daily weekly stock availability ii Forecast vs actual consumption iii Fill rate and stock-out analysis iv Inventory ageing and expiry status v Safety stock reports b Analyze inventory data to improve planning accuracy 7 Process System Management a Ensure inventory planning is executed using ERP WMS with accurate data inputs b Contribute to setting reorder levels min max levels safety stock norms c Support periodic cycle counts and stock audits with warehouse team Key Performance Indicators KPIs Collection Efficiency of outstanding collected vs target Overdue Reduction Decrease in 30 60 90 day overdue amounts Follow-up TAT Time taken to follow up after invoice due date Dispute Closure TAT Time taken to resolve POD issues short payments debit notes Customer Ageing Accuracy Accuracy of ageing reports and trackers Escalation Discipline Timely escalation of chronic overdue cases Skills Competencies Required Polite people management skills Knowledge of Excel and ERP Diligent and meticulous for following system Strong communication coordination skills Ability to handle pressure and meet timelines Qualifications Experience 2-5 years of experience in credit control collections or accounts receivable Strong communication and follow-up skills Good command of Excel VLOOKUP Pivot basic reports Working knowledge of Tally ERP preferred Job Type Full-time Pay 20 000 00 - 25 000 00 per month Work Location In person

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