As an Inventory Planning Executive, you will be responsible for managing inventory levels, forecasting demand, and ensuring optimal stock availability to support our sales and business objectives.

Responsibilities:

● Monitor inventory levels and implement inventory management strategies to optimize inventory turnover, minimize stock outs, and reduce overstock/aging situations in all the retails stores.

● Conduct accurate demand forecasting by analyzing historical sales data, market trends, and customer behavior.

● Develop and implement inventory optimization strategies, including setting safety stock levels and implementing just-in-time practices.

● Coordinate with vendors to procure or replenish jewelry products based on demand forecasts.

● Manage purchase orders, delivery schedules, and vendor relationships to ensure timely replenishment of inventory.

● Analyze inventory data, sales reports, and key metrics to assess product performance and identify areas for improvement.

● Utilize inventory management software or ERP systems to track inventory, generate reports, and maintain accurate records.

● Assess and mitigate inventory-related risks, such as obsolescence, excess inventory, and supply chain disruptions.

Candidate Profile:

● 2-4 years of experience in inventory planning, demand forecasting, required experience from similar industry.

● Proficiency in using inventory management software or ERP systems, Microsoft Excel and other data analysis tools.

● Strong data analytics and problem-solving skills

● Excellent communication and collaboration skills

● Language required – English, Kannada/Hindi