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Inventory Planning Specialist

Inventory Planning Specialist

MR DIY TRADING SDN BHDSeri Kembangan, Selangor, Malaysia
1 day ago
Job description

Job Descriptions

Demand Forecasting

  • Analyze historical sales data and market trends to forecast future demand.
  • Collaborate with sales, purchasing team to gather input for demand planning.
  • Adjust forecasts based on market conditions and promotional activities.

2. Replenishment Planning

  • Determine optimal order quantities and reorder points.
  • Coordinate with Procurement to ensure timely delivery of products.
  • Monitor supplier performance and address any issues affecting inventory availability.
  • 3. Replenishment Planning

  • Monitor inventory levels and perform regular stock analysis.
  • Identify slow-moving, obsolete, and excess inventory and recommend actions.
  • Analyze and report on inventory performance metrics such as turnover rates, fill rates, and stock accuracy.
  • Identify and implement inventory optimization strategies to reduce costs and improve efficiency.
  • 4. Cross-functional Collaboration

  • Work closely with procurement, logistics, and warehouse teams to align inventory levels with operational needs.
  • Participate in new product launch planning and inventory setup.
  • Communicate inventory status and potential issues to relevant stakeholders.
  • Job Requirements

  • Bachelor’s Degree in Mathematics, Statistics, Data Sciences or related field
  • Fresh graduates are welcome or with work experiences 1-2 years
  • Proficient in Microsoft Office Suites (Word, Excel)
  • Highly interested in numerical, analysis and forecast
  • Proficiency in spoken and written English
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