Demand Forecasting: Analyze historical sales data and market trends to forecast future demand. Collaborate with sales and purchasing teams to gather input for demand planning and adjust forecasts based on market conditions and promotional activities.
Replenishment Planning: Determine optimal order quantities and reorder points. Coordinate with suppliers to ensure timely delivery, monitor performance, and address any issues affecting inventory availability.
Inventory Analysis: Monitor inventory levels and perform regular stock analysis. Identify slow‑moving, obsolete, and excess inventory and recommend actions. Report on inventory performance metrics such as turnover rates, fill rates, and stock accuracy, and 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...