Role Purpose:
This role manages the Company’s Revenue Stream to meet company objectives through the integration of inventory plans into the sales and promotion by forecasting activities associated with customers and products; create and maintain forecast models for the customers; incorporate business intelligence into planning; plan for stock replenishments for new and existing products, manage inventory levels, & eliminate obsolescence and meet or exceed customer order fill rates.
Key responsibilities for the Principal Officer Inventory Management & Planning Job
- Develop & implement inventory systems capable of management of decentralized stock management with multi-hub, stock receipt, transfer & order processing portability.
- Inventory planning through demand forecasting based on past sales trends, promotion activities & new product launches.
- Ensure optimum use of warehouse space through robust inventory management practices & effective product replenishments.
- Manage decentralized inventory planning across all the hubs in liaison with hub manager to ensure company inventory policy is complied with.
- Identify and resolve supply exceptions by expediting stock replenishment orders, re-allocating existing inventory and establishing safety stock parameters.
- Work closely with the Operations and customer service to ensure target order fill rates are being met for daily customer orders.
- Monitor receipts and transfers ensuring timely delivery and availability of product as well as in accordance with the inventory plan.
- Planning for any grouping of product, customer, geography or channel to market to meet demand plans. Plan in units, sales values, or costs
- Improve business performance through lower supply chain and operating costs, faster cash-to-cash cycle times, and higher customer service levels.
- Improve planning and scheduling and resolve potential long-range capacity issues before they become crises.
- Continuous assess warehouse requirements & advice management when to plan for expansion or reduction in line with business growth strategy. Align demand to performance to avoid wastage.
- Quickly simulate impact of demand and supply changes on profit, service levels, and deployment strategies
- Develop business processes that include practices and procedures for demand planning, supply planning, reconciliation and integration of demand, supply financial, and new product plans.
Principal Officer Inventory Management & Planning Job Qualifications
- Minimum 5 years working experience in Supply Chain environment, of which 3 years should be in Supervisory Role.
- Experience with the distribution/inventory management.
- Excellent analytical and communications skills.
- Prior experience applying supply chain principles including procurement, sourcing, inventory management and logistics.
- Must possess strong leadership skills and be well organized, self-motivated, focused on meeting deadlines and able to multitask within a fast-paced environment.
- Demonstrated ability to support and interact effectively with other core business functions (Sales, Product Development, Distribution and logistics).
The post Safaricom Job Vacancy : Principal Officer Inventory Management & Planning appeared first on Jobs in Kenya - https://jobwebkenya.com/.
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