Inventory planner Job Description
Inventory planner Job Description Template
As an inventory planner, you'll be responsible for managing stock levels and ensuring accurate forecasting to meet the demands of the business. Your expertise in inventory management and analysis will help to optimize stock levels, reduce waste and maximize profits for the company.
Responsibilities:
- Develop inventory forecasts based on historical data and sales trends
- Monitor and analyze inventory levels to prevent stockouts and overstocking
- Collaborate with sales and operations teams to ensure inventory levels meet customer demand
- Create and maintain inventory reports and dashboards to provide visibility into inventory status and performance
- Identify slow-moving or excess inventory and develop strategies to reduce inventory carrying costs
- Coordinate with suppliers to ensure timely delivery of inventory and resolve any supply chain issues
- Continuously optimize inventory management processes to improve efficiency and reduce costs
- Stay up-to-date with industry trends and best practices in inventory planning and management
Requirements:
- Bachelor's degree in Supply Chain Management or related field
- Proven experience as an inventory planner or similar role
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal abilities
- Proficiency in inventory management software
- Familiarity with forecasting techniques and demand planning
- Ability to work independently and as part of a team
- Attention to detail and ability to multitask in a fast-paced environment
