Inventory Analyst 3-6 Month FTC

Recruiter
Grace Personnel Ltd
Location
High Wycombe
Salary
25000.0000
Posted
16 Feb 2017
Closes
16 Mar 2017
Sector
Retail
Contract Type
Permanent
Hours
Full Time

Inventory Analyst 3-6 Month FTC

Job Purpose

Build the inventory plan to guarantee the best service to customers with the lowest possible end to end supply chain costs.

Critical results

Inventory availability of Company assortment in the Distribution network, at optimal total supply chain costs, maximizing customer service

Responsibilities

Set-up of inventory planning system

  • Optimum inventory master data of item and vendor, taking into account the vendor agreements and optimum re-ordering costs
  • Definition of stock and non-stock items
  • Optimize replenishment frequency, balancing inventory and operational costs
  • Align planning parameters

Generate demand plan and update for demand inputs

  • Generate statistical forecast for stocked items
  • Maintain forecast to reflect business events
  • Update forecast with promotion planning events
  • Report actual versus statistical demand forecast and statistical forecast
  • Communicate demand plan and purchasing forecast to demand managers and vendors

Generate the inventory and rebuying requirements

  • Run the inventory requirements plan, translating the demand plan and the actual inventory into the inventory requisitions and inventory exceptions
  • Solve system related inventory exceptions (lead time issues, order multiple issues, etc)
  • Communicate inventory requisitions to supply planning team

Generate inventory analytics

  • Highlight Inventory risks to the demand manager
  • Highlight shortage risks
  • Report inventory status (overstock, aged and discontinued)

Education and Experience

  • Master Degree in Science or economics.
  • Experience with planning systems, preferably time-phased and multi-tier
  • Experience with an advanced planning system.
  • Strong knowledge of working in multi-functional groups, ideally in a retail environment with large number of SKUs and vendors
  • Has some knowledge or ideally has implemented in a past experience demand planning process and tool.
  • Languages : Fluent in English and 1 other European languages

Skills

  • Very strong Analytical / mathematical skills
  • Strong knowledge of Planning systems
  • Good demand forecasting algorithm knowledge
  • Synthetic and straight to the point able to work in a complex environment and identify the most critical piece of a problem.
  • Passionate by manipulating numbers/files/figures to develop a meaningful conclusion supporting the decision.

We regret to inform you that due to the high volume of applications we are unable to reply to everyone.
If your application is successful we will contact you within 5 working days.
If unfortunately you do not hear from us please feel free to apply for future roles.