Strategic Inventory Manager
7 hours ago
Role Overview
Brenntag India is seeking an experienced Strategic Inventory Manager to join its team in Mumbai.
About the Role:
The successful candidate will be responsible for performing sales analysis and forecasting to ensure effective inventory planning, maintain inventory control, and manage the working capital of Brenntag India.
Key Responsibilities:
- Design and generate statistical forecasts for multiple SKUs.
- Recommend adjustments to forecasts and inventory targets based on inputs from the sales/commercial team.
- Continuously improve forecast accuracy using various techniques and tools, in collaboration with commercial teams.
- Prepare and share various inventory-related reports with relevant stakeholders.
- Ensure the processing of EVAs (Economic Value Additions) as per standard protocols and timelines.
- Conduct monthly S&OP (Sales and Operations Planning) meetings with all Business Units, managing SLOB (slow-moving and obsolete inventory), inventory turns, and forecast accuracy.
- Focus on continuously improving working capital efficiency, while reducing aging and expiring goods.
- Collaborate with procurement, logistics, quality, and production teams to ensure timely availability of materials and products, minimizing stockouts.
- Process and account for write-offs in a timely and compliant manner.
Requirements:
- Proficiency in SAP MM module (S3 or S4 Hana)
- Expertise in statistical forecasting tools
- Advanced knowledge of Excel (including complex functions and data analysis)
- Strong command of MS Office suite
- Excellent data analysis and interpretation skills
- Experience in demand planning and forecasting
- Expertise in supply planning processes
- Strong business and commercial acumen
- Exceptional command of the English language, both written and verbal
Qualifications:
- A degree from a reputed college/university.
- Preferably an MBA/PGDBM in Operations, or a diploma in Supply Chain Management from a reputed institution.
- Minimum of 6 years of experience in demand and inventory planning within an international manufacturing or retail organization.
- Expertise in SAP S/4HANA or SAP S3.
- Strong experience with various forecasting tools and advanced Excel
Compensation: ₹1200000 - ₹1800000 per annum depending on qualifications and experience.
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