Executive - Inventory Planning

Company Description
Avery Dennison Corporation (NYSE: AVY) is a global materials science company specializing in the design and manufacture of a wide variety of labeling and functional materials.

The company's products, which are used in nearly every major industry, include pressure-sensitive materials for labels and graphic applications; tapes and other bonding solutions for industrial, medical, and retail applications; tags, labels, and embellishments for apparel; and radio frequency identification (RFID) solutions serving retail apparel and other markets. Headquartered in Glendale, California, the company employs more than 35,000 employees in more than 50 countries. Reported sales in 2021 were $8.4 billion.

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About Avery Dennison Rbis
Avery Dennison RBIS, a global leader in apparel and footwear industry solutions, is a $1.52 billion division of Avery Dennison (NYSE: AVY). Avery Dennison RBIS provides intelligent creative and sustainable solutions that elevate brands and accelerate performance throughout the global retail supply chain. We elevate brands through graphic tickets, tags and labels, embellishments, and packaging solutions that enhance consumer appeal. We accelerate performance through RFID-enabled inventory and loss prevention solutions, price management, global compliance, and brand security solutions.

Based in Westborough, Massachusetts Avery Dennison RBIS responsibly serves the global marketplace with operations in 115 locations, 50 countries, across 6 continents. For more information, visit

Job Description
PRIMARY RESPONSIBILITIES:

This person will lead Demand Management and Inventory Management under supply chain function for the country in the matrix & cross functional environment. He/she shall be playing key role for making strategies to bring in productivity & efficiency in the area of Inventory and Demand Management.

• Responsible for the complete responsibility of Inventory Management of the Country
• Should Coordinate with sales and marketing for the demand visibility and should get the F/C and align the Inventory accordingly
• Should be responsible for Inventory optimization between the 2 sites ( GGN and BNG) and ensure the liquidation before placing fresh order
• Take complete control on the finished goods inventory and work closely with CS and BDM for the liquidation and have follow up action for timely liquidation to avoid obsolescence.
• Responsible for Inventory target of the company and work towards lean Inventory management with the help of ELS.
• Coordinate with purchase and provide forecast for the upstream supply chain for better visibility of the future demand.
• Daily ordering of Raw material based on the consumption pattern after necessary discussion
• Attending the daily MDI for PPC and Purchase function and take necessary action.
• Faster and quicker response to the E-mails for better visibility of stocks.
• Compiling the F/C V/S actual and discuss with sales and align the inventory.
• Better planning of AF,BF and CF category item and ensure there is no stock out for fast movers with out affecting the Inventory target.
• Focus on AR,BR,CR category item and ensure there should not be inventory pile up in these areas.
• Inventory and Demand planning related MIS report .
• Inventory Data Management ( ABC FMR , SS and ROL )
• Drive efficiency in Inventory Management for better OTA ( On time availability of stocks).
• Establishing Sales and Operation Planning process for Demand and Supply Balancing.
• Control Inventory and maintain Inventory Target set by the Management

Qualifications
This position requires a detailed understanding of the Inventory Management /Materials Management.

• BE in Engineering
• MBA / Degree in materials management
• 2 to 3 years of experience in managing Inventory Management and Demand Management
• Should have experience of working in a manufacturing Industry.
• Preferably, should have MNC background
• Ability to communicate effectively orally and in writing, internally and externally
• Must be fluent in English
• Should have solid knowledge of Word , Excel, and PowerPoint.
• Exposure to ERP such as Oracle is a must
• Sound understanding of continuous improvement programs (Kaizen, Six Sigma, etc.)
• Only from the Manufacturing Industry.