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Inventory Planning Specialist

Inventory Planning Specialist

MR DIY MalaysiaSeri Kembangan, Selangor, Malaysia
1 day ago
Job description

Responsibilities

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

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 experience 1‑2 years.
  • Proficient in Microsoft Office Suites (Word, Excel).
  • Highly interested in numerical analysis and forecasting.
  • Proficiency in spoken and written English.
  • Seniority level

    Associate

    Employment type

    Full-time

    Job function

    Analyst

    Industries

    Retail

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    Inventory Specialist • Seri Kembangan, Selangor, Malaysia