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Inventory Planner

Ideal Personnel and Recruitment Solutions
Posted 22 days ago, valid for 10 days
Location

Milton Keynes, Buckinghamshire MK10 9QA

Salary

£25,000 - £35,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • Job Title: Inventory Planner
  • Salary: Not specified
  • Experience Required: Good experience of forecasting and data analysis
  • Responsibilities include analyzing sales data, forecasting demand, monitoring stock levels, and working with various teams to adjust inventory as needed
  • Requirements include good commercial understanding, excellent IT skills, and effective communication and organization skills

Our client has a permanent vacancy for an Inventory Planner to analyse product and sales data to forecast future inventory requirements and achieve maximum stock availability within agreed open to buy constraints.

The role:

  1. Work with brand managers and others to establish and review sales forecasts.
  2. Analyse sales data, identify trends and patterns in sales by category and by sku, forecast demand and manage inventory levels to support forecasts
  3. Monitor and report on stock and purchase commitments against open to buy budgets.
  4. Identify current and potential overstocks and working with product and sales teams to adjust as required.
  5. Identify potential stock shortages and minimise disruption to service levels
  6. Work with logistics, distribution, product teams and suppliers to improve and maintain purchasing efficiency.
  7. Monitor and report on current and expected availability
  8. Maintain and develop stock and purchase order tracking systems, progress chase suppliers as required.
  9. Report on stock and sales as required
  10. Attend and participate in range reviews as required.

Requirements

  • Good experience of forecasting and data analysis.
  • Good commercial understanding
  • Highly numerate and details orientated with the ability to understand and utilise all relevant systems and processes to analyse and report on data
  • Excellent IT skills including Microsoft packages (especially Excel)
  • Effective people skills, including the ability to build and maintain effective working relationships across departments.
  • Good communication skills, both written and verbal
  • Strong organisation skills with the ability to multi task, prioritise a varied workload, and maintain accuracy even when working under pressure.
  • Self motivated with the ability to work unsupervised

Due to the large number of responses we receive it is not always possible to respond to every application straight away. Should your skills and experience be a match for this role, or any other vacancy we may have, we will normally contact you within 72 hours of receiving your application. If you wish to apply for further roles please do so.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.