Inventory / Demand Planner

4 weeks ago

Cape Town, South Africa Sagen Advisory Full time

An opportunity has become available for a competent Inventory/Demand Planner to monitor and report on the company’s inventory. Demand forecasting is the process of using predictive analysis of historical data to estimate and predict customers' future demand for a product or service to ensure we have the correct inventory. Inventory control and demand forecasting helps the business make better-informed supply decisions and are therefore critical for attaining business goals.

**MINIMUM QUALIFICATION REQUIREMENTS**:

- Bachelor’s Degree in Business, Supply Chain or equivalent qualification
- A minimum of 3 years experience using forecasting/demand planning modules in an ERP system
- Excellent MS Office and demonstrated Excel skills
- Solid understanding of Inventory Management Practices and Procedures
- The capability to work with large datasets and develop diagnostic, predictive, and prescriptive analytics models is a
critical prerequisite
- Strong mathematical and statistical knowledge
- Capability to multitask in a fast-paced environment
- Excellent written and verbal communication skills

**DUTIES / RESPONSIBILITIES (including but not limited to)**:

- Maintain PO and inventory information and reports to ensure timely delivery of merchandise while meeting initial fill rate and turn goals.
- Develop monthly sales and inventory forecasts through vendor management tools and demand forecasting
Support management with risk assessments and mitigation activities.
- Develop and measure inventory levels and service performance through KPIs.
- Maintain all reports, which manage inventory levels and maintenance of backorders, in conjunction with communication to management about actions being taken to resolve any issues.
- Propose and implement solutions to improve demand forecast accuracy.
- Successfully communicate forecast and inventory estimations to management.
- Monitor and report on important changes in sales forecasts, budgets, and business strategies.
- Conduct monthly forecast maintenance.
- Address demand-related issues in a timely and effective manner.

**SKILLS & PERSONAL ATTRIBUTES**:

- Able to build and maintain effective and productive relationships with staff, stakeholders and suppliers.
- Good communication, negotiation, interpersonal and influencing skills.
- Analytical, numerically astute with strong demonstrated problem-solving abilities.
- Strong communication skills, both written and verbal.
- Able to manage time effectively, prioritise tasks and achieve set targets.
- Commercial and Financial awareness with a full understanding of how failure impacts Production, Manufacture
and Customer Order Fulfilment.
- Able to work well under pressure and handle emergency and stressful situations.
- Keen attention to detail and accuracy.
- Analytical skills in planning and inventory control

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