
Inventory Optimization Specialist
2 weeks ago
Job Overview:
We are seeking a professional to oversee product availability, minimize expiries, and drive supply chain efficiency in our retail pharmacy network.
Key Responsibilities:- Strategic Replenishment Planning
- Develop and maintain stocking norms, safety stock levels, and replenishment cycles for each pharmacy based on sales velocity and product criticality.
- Create guidelines for assortment management and seasonal demand variations.
- Data Analysis & Insights
- Analyze pharmacy sales, consumption, and stock movement data to create replenishment models and forecast requirements.
- Track KPIs such as stock-outs, fill rates, inventory turns, and expiries across the pharmacy network.
- Provide actionable insights to country supply chain and operations teams to improve availability and reduce waste.
- Performance Monitoring & Governance
- Monitor adherence of local distribution teams to defined replenishment norms.
- Highlight exceptions (stock-outs, excess stock, expiries) and initiate corrective action with in-country stakeholders.
- Drive standardization of replenishment processes across geographies.
- Collaboration & Business Partnership
- Work closely with Demand Planning, Sales Operations, Finance, and Quality teams to align replenishment strategies with business objectives.
- Support country supply chain managers with data-driven decision-making and performance dashboards.
- Act as the central supply chain control tower for last-mile pharmacy replenishment.
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