About Our Client
This company is a large-scale entity operating in the sales and distribution industry. They are known for their high-quality products and have a strong presence in Milton Keynes, with an expansive distribution centre driving their operations.
Job Description
The role will be responsible for analysing and producing sales data to forecast future inventory requirements and achieve maximum stock availability
* Work with brand managers and others to establish and review sales forecasts.
* Analyse sales data, identify trends and patterns in sales by category and by SKU, forecast demand and manage inventory levels to support forecasts
* Monitor and report on stock and purchase commitments against open to buy budgets.
* Identify current and potential overstocks and working with product and sales teams to adjust as required.
* Identify potential stock shortages and minimise disruption to service levels
* Work with logistics, distribution, product teams and suppliers to improve and maintain purchasing efficiency.
* Monitor and report on current and expected availability
* Maintain and develop stock and purchase order tracking systems, progress chase suppliers as required.
* Report on stock and sales as required
* Attend and participate in range reviews as required
The Successful Applicant
A successful Inventory Planner should have:
* A strong understanding of inventory management principles.
* Excellent analytical skills for forecasting demand and analysing trends.
* Strong communication skills for liaising with suppliers and internal departments.
* A team-oriented mindset, contributing to the overall success of the department.
* Excellent IT skills, including MS packages (especially Excel)
What's on Offer
* A competitive salary
* A bonus scheme dependent on company performance
* Life assurance benefits.
* Staff discounts on high-quality products.
* An opportunity to work in an exciting organisation in the Milton Keynes area.
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