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Title
Text copied to clipboard!Inventory Planner
Description
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We are looking for an Inventory Planner to join our supply chain team and help optimize inventory levels across our organization. The ideal candidate will be responsible for analyzing inventory trends, forecasting demand, and ensuring that stock levels are maintained to meet customer needs while minimizing excess inventory and associated costs. This role requires strong analytical skills, attention to detail, and the ability to collaborate with cross-functional teams including procurement, sales, and logistics.
As an Inventory Planner, you will play a critical role in maintaining the balance between supply and demand. You will use data-driven insights to make informed decisions about purchasing, replenishment, and inventory allocation. Your work will directly impact customer satisfaction, operational efficiency, and the company’s bottom line.
Key responsibilities include developing and maintaining inventory plans, monitoring stock levels, identifying slow-moving or obsolete items, and working with suppliers to ensure timely delivery of goods. You will also be expected to prepare regular reports on inventory performance and provide recommendations for improvement.
The successful candidate will have experience with inventory management systems, strong Excel skills, and a background in supply chain, logistics, or a related field. A proactive mindset, excellent communication skills, and the ability to work under pressure are essential for success in this role.
This is an excellent opportunity for someone looking to grow their career in supply chain management and make a tangible impact on business operations.
Responsibilities
Text copied to clipboard!- Analyze inventory levels and forecast future demand
- Develop and maintain inventory planning strategies
- Collaborate with procurement and sales teams to align supply with demand
- Monitor stock levels and initiate replenishment orders
- Identify and manage slow-moving or obsolete inventory
- Generate regular inventory performance reports
- Optimize inventory turnover and reduce holding costs
- Ensure accurate data entry in inventory management systems
- Coordinate with suppliers for timely delivery of goods
- Support inventory audits and cycle counts
Requirements
Text copied to clipboard!- Bachelor’s degree in supply chain, logistics, business, or related field
- 2+ years of experience in inventory planning or supply chain management
- Proficiency in inventory management software and Microsoft Excel
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal abilities
- Detail-oriented with strong organizational skills
- Ability to work independently and in a team environment
- Experience with ERP systems is a plus
- Knowledge of demand forecasting techniques
- Ability to manage multiple priorities under tight deadlines
Potential interview questions
Text copied to clipboard!- Do you have experience with inventory planning or supply chain management?
- What inventory management systems have you used?
- How do you approach demand forecasting?
- Can you describe a time you reduced excess inventory?
- How do you ensure accuracy in inventory data?
- What strategies do you use to manage slow-moving stock?
- How do you collaborate with other departments to align inventory needs?
- Have you worked with ERP systems before?
- What metrics do you track to evaluate inventory performance?
- How do you handle urgent inventory shortages?
