RESPONSIBILITIES:
Evaluate inventory and the reliability of the supply chain flow for approval of Ad Notice, promotional requests and customer projections to ensure customer satisfaction and product availability.
Interact and build relationships with key business partners to ensure accurate data and forecasting.
Calculate and monitor forecast KPIs (Accuracy and Bias) against the targets, identify errors and provide solutions to improve forecasting performance.
Identify planned drop items and/or groups; evaluate and make recommendation for best time frame for drop based upon remaining finished goods inventory, raw material inventory on hand and/or at vendor locations. Negotiate with Production, Purchasing and/or vendor regarding the final run dates and provide direction for expediting, deferring and/or cancelling orders when necessary and ensure proper inventory levels are available. Recommend excess inventory items to be added to the Hot Buys develop a plan and make recommendations for closing out remaining inventory.
Contribute to the planning of long- and short- term business objectives; actively participate in product review meetings and Integrated Business Planning (IBP) meetings as required.
Lead and guide the team to drive category forecast KPIs target.
Coordinate and manage the work of employees by directing members of the team to meet the area’s goals. Audit regularly to ensure standard operating procedures are being adhered to.
Analyze, update, and monitor the forecast by SKU warehouse level for accuracy using a statistical forecast system and communicate changes to appropriate departments.
Coordinate with peers and stakeholders to identify standard operating procedures for department.
Evaluate and monitor future orders versus forecast, make forecast changes when needed.
Drive continuous improvement and build employee road map.
Maintain and follow up whole product planning life cycle including product status, product forecasting, promotion readiness and inventory.
Identify out- of- the- norm conditions on any product and communicate to management, make recommendations for solution.
REQUIREMENTS:
Education:
Bachelor’s degree in business, Supply Chain, or a related field
Experience:
At least 5 years of experience in demand, inventory, and supply chain planning
Knowledge, Skills, and Abilities
Strong analytical skills:
Peer management
Presentation skills
Decision making
Strong problem- solving orientation
Familiarity with ERP systems and demand planning software
Knowledge of supply chain principles and practices
Ability to collaborate and work effectively in cross- functional teams
Must be fluent English.
Proficient in Microsoft Excel and other data analysis tools
Proficiency in demand forecasting and inventory planning techniques
Strong in people management and leadership
