Strategic Inventory Planner
1 day ago
We are looking for a highly skilled Strategic Inventory Planner to join our team at Tata Consultancy Services. As an essential member of our Supply Chain and Logistics department, you will play a crucial role in driving business growth by optimizing inventory management and forecasting accuracy.
About the Role:
- You will be responsible for disaggregating the strategy and sales plan for subsets of product groupings and/or departments into detailed system forecasts on a long-term horizon to inform stock buying decisions.
- You will improve forecast accuracy across subsets of product groupings and/or departments.
- You will deliver accurate forecast KPIs at FOB horizons (at product level).
- You will manage stock placement across C&H DCs to meet demand and maximize availability & therefore sales.
- You will provide valuable insights into decision-making to balance sales and operating costs through inventory management and buying optimization.
- You will execute changes to forecasts and inventory settings to deliver events and special buys.
- You will ensure that forecasting accuracy/bias and alignment or variance to merchandising plans as well as current and projected inventory levels are visible to Business Units.
- You will work cross-functionally with Merchandising, Commercial Operations, Supply Chain & Logistics, Sourcing, and Finance to develop and implement new planning processes, tools, and ways of working that enable significant improvements in clothing and home supply chain availability, cost, and resource efficiency.
Requirements:
- A minimum of 3 years of experience in Planning and Forecasting, Inventory Management.
- Proven track record of delivering accurate forecasts and improving inventory management.
- Excellent analytical, problem-solving, and communication skills.
- Ability to work effectively in a fast-paced environment and prioritize tasks efficiently.
Benefits:
- An estimated salary of ₹1200000 - ₹1800000 per annum based on location and experience.
- The opportunity to work with a leading IT consulting firm like Tata Consultancy Services.
- A dynamic and challenging work environment that fosters growth and development.
Location: Chennai only.
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