OBJECTIVE/ PURPOSE OF THE JOB:
This role has overall demand planning management responsibility from gathering information, planning, procurement and on-time availability of stocks, in line with the Principal and ABA guidelines to ensure optimum working capital efficiencies and is also responsible for managing inventory, coordinating and negotiating with Sales Managers on forecasts, thereby ensuring the departments long term objectives and the divisions short to medium term objectives are met.
KEY RESPONSIBILITIES
- Develop and maintain effective relationships internally and externally with all supply chain stakeholders.
- Manage Inventory Levels: Avoid over stocking and minimize Out of Stock to match customer requirements within the constraints of working capital affordability and budgets
- Develop and maintain effective forecasting process in conjunction with Principal's requirements & sales targets of multiple divisions.
- Attend Meetings with Principal's on Yearly & Quarterly Budgets / Plans and provide inputs and finalize budgets
- Analyze and highlight Non Performing Inventories and liaise with Division Managers to liquidate the same.
- Identify and implement, working with other functional areas, cost saving initiatives and value improvement projects
- Apprise Management Team of significant demand variations, including recommendations to mitigate / eliminate impact on Sales performance to take advantage of opportunities.
- Contribute to improving business performance as part of the Divisions Management Team
- Establish annual goals and objectives in coordination with Division objectives and manage performance to ensure attainment.
- Responsible for the strategic planning process at the division / business unit level while achieving division's strategic objectives.
- Primary contact with Principal's Mid-Level Management for Demand Management Aspects.
- Responsible for Supplier/ Customer relationship management at Business Unit level contributing to highest level of customer / supplier satisfaction.
- Solves complex escalated problems related to demand & forecast issues with reference to established principles.
- Analyze Sales Trends using IT Technology to proactively identify complex and potential demand fluctuations
- Measure and reports Sales Performances with the goal to mitigate or eliminate excess / overstocking and maintain optimum inventory levels.
- Analyze and Implement Inventory Control Processes ensuring the optimization of on-hand inventory, and reduction of non-moving inventories
- Analyze Demand Management Criteria and take proactive actions to reduce variance.
- Analyze Forecast Accuracy trends and provide inputs for management for preventive actions in managing inventory
- Directly Manages the Demand Planner, Mentoring, training and developing staff to improve knowledge to allow career growth and personal development.
- Design and implement stock forecasting models that give a reliable assessment of likely customer demand and drive sales growth.
- Continuous process improvement to Optimum stock levels & reduction in non-performing inventories.
JOB REQUIREMENT
- Minimum a University Degree holder preferably in commerce
- Certification in Supply Chain Management from a recognized institute
- 5 to 6 years experience in demand, purchase and inventory management within the similar industries, of which 2-3 years in a management capacity.
- Working knowledge of any ERP or Inventory Planning software is required along with advance level of Microsoft skills.
- Candidate should possess leadership, communication & analytical skills
