Strategic Inventory Manager

7 hours ago


Mumbai, Maharashtra, India Brenntag Full time

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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