Inventory Controller

Demand Forecasting and Planning:

• Gain insights into the client industry, channels and space of operations

• Understand and capture demand signals into demand forecasting

• Develop/ deploy effective machine learning models based on industry trends and demand patterns

• Define and implement solutions to improve demand forecast accuracy

• Conduct S&OP meeting with clients and finalize forecasts

• Monitor and report on important modifications in forecasts and its impact on budgets

• Closely coordinated with new product development team and category managers for new SKU launch

Supply Planning and Inventory Management:

• Understanding of the current inventory control and replenishment process and drive improvements

• Follow the cycle time for the inventory replenishment process

• Manage variability in demand and ensure stock levels are adequately maintained

• Standardize the inventory planning process across DC’s and vendors

• Keep strict controls & alerts in place to avoid any stock outs impacting fill rate of customer

• Use tools and historical data for tracking variability and factor the same in inventory planning for future

• Avoid loss of revenue for organization due to over stocking of products

• Evaluate vendor performance on service levels and suggest measures to improve the same

• Ensure adequate shelf life of products for customers as key deliverable

• Escalate slow moving products, obtain approval for disposal of the same

Overall:

• Plan and implement a centralized replenishment cell

• Manage both demand and supply planning teams

• Work closely with clients supply chain, planning and operations team for the monthly, weekly and daily plans

• Manage any customer complaints and resolve them through coordinating with the central teams

• Escalate to Regional Heads and Seniors any foreseeable concerns from the client

• Prepare reports/ presentation and attend the monthly reviews with client

• Ensure highest level of demand planning accuracy, Ontime, Case Fill rates, Order Fill rates, SIFOT, order accuracy, customer satisfaction and related parameters

• Coordinate with the order management to ensure daily orders are processed on a timely manner

• Coordinate with the distribution centers to ensure inventory norms are been met at the distribution centers

• Coordinate with the central control tower and the logistics team on the status of vehicle and delivery times

• Prepare and hold the daily, weekly and monthly reports