
Chief Replenishment Strategist
1 day ago
Lead a team to design and implement replenishment strategies that ensure product availability and minimize stockouts in retail pharmacies.
Key Responsibilities- Develop and refine stocking norms, safety stock levels, and replenishment cycles for each pharmacy based on sales velocity and product criticality.
- Analyze sales data to create replenishment models and forecast requirements, ensuring accurate inventory management.
- Monitor adherence to defined replenishment norms and highlight exceptions for corrective action.
- Drive standardization of replenishment processes across geographies and collaborate with cross-functional teams to align replenishment strategies with business objectives.
Requirements
- Graduate or post-graduate degree in Supply Chain Management, Operations, Data Analytics, or related field. MBA preferred.
- 4-5 years of experience in supply chain planning, retail replenishment, or distribution analytics, preferably in pharma retail, healthcare distribution, or FMCG retail.
- Strong skills in data analysis, forecasting, and inventory modeling, with proficiency in ERP systems and advanced Excel/Power BI (SQL/Python/R a plus).
- Understanding of pharma retail compliance (expiry, batch management, FEFO) is desirable.
Success Measures
- Accuracy of replenishment norms and models.
- Stock availability at pharmacies (% fill rate, stock-out rate).
- Inventory turnover vs. expiry losses.
- Adherence to replenishment norms by country operations teams.
- Improvement in forecasting accuracy and working capital efficiency.
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