Demand Planning Manager

17 hours ago

Bhiwadi, Rajasthan, India Lenskart Full time

Job Title: Planning & Purchase Manager

Location: Bhiwadi, India

Department: Supply Chain & Procurement

Reporting To: Planning Head

Experience Required: 6-15 Years

Educational Qualification: B.Tech/MBA (Operations/Supply Chain)

Role Overview:

We are looking for a strategic and highly analytical Planning & Purchase Manager to lead our

procurement and planning operations for the Contact Lenses and Solution vertical. The ideal

candidate will have strong business acumen, proven expertise in managing Replenishment

Strategies and a flair for contributing to high-level strategic discussions around category

expansion and growth.

Key Responsibilities:

Demand Planning & Inventory Management:

  • Create Develop and implement inventory control procedures and best practices.
  • Maintain accurate inventory records and ensure physical inventory matches system records.
  • Monitor inventory levels, perform regular audits, and manage cycle counts.
  • Collaborate with procurement, warehouse, and sales teams to forecast demand and ensure adequate stock availability.
  • Analyze inventory data to identify trends, discrepancies, and opportunities for cost savings.
  • Coordinate with suppliers and logistics teams for timely deliveries and returns.
  • Manage inventory software systems and recommend improvements to enhance tracking and reporting.
  • Prepare reports on inventory KPIs such as turnover rates, carrying costs, and stock accuracy.
  • Handle inventory-related issues and resolve discrepancies promptly.

Strategic Replenishment & Vendor Management:

  • Develop and lead replenishment strategies for contact lenses and solutions category.
  • Develop and maintain accurate demand forecasts using historical data, market trends, and input from sales and marketing.
  • Create and manage supply plans to meet forecasted demand within budget and capacity constraints.
  • Collaborate with procurement and vendors to ensure timely availability of materials and finished goods.
  • Monitor supply chain performance metrics, including service levels, inventory turnover, and forecast accuracy.
  • Balance inventory levels to avoid overstocking or stockouts.
  • Identify demand and supply imbalances and implement corrective actions.
  • Lead monthly Sales and Operations Planning (S&OP) meetings to align crossfunctional plans.
  • Support new product introductions and promotional planning with accurate forecasts and supply readiness.
  • Use planning tools and ERP systems to generate reports and manage planning processes.

Business & Expansion Planning:

  • Collaborate with senior leadership on expansion strategies for the contact lenses business.
  • Evaluate sourcing capabilities, vendor footprint, and market dynamics to support geographic and product line growth.
  • Provide data-driven insights for network expansion, SKU planning, and inventory optimization.

Cross-functional Collaboration and Process Optimisation:

  • Act as a strategic advisor to the product and supply chain teams.
  • Lead cross-functional projects for operational efficiency and cost reduction.
  • Suggesting improvements for the ongoing process and make it more efficient

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