Inventory & Demand Planning Manager

Viking RangeGreenwood, MS
6h

About The Position

The Inventory and Demand Planning Manager drives optimal product supply to satisfy consumer demand by effectively forecasting product needs meanwhile optimizing inventory levels, working capital and overall supply chain. To that purpose, the Inventory and Demand Planning Manager leads daily routines and processes related to forecasting, kanban and inventory control, meanwhile driving continuous improvement and effective resource utilization in close collaboration with Sales, Operations, Finance and Supply Chain teams. Inventory Management, Demand Planning: Forecasting product needs: Develop, maintain and refine SKU-level demand plans using historical data, market trends and statistical models to ensure the right manufacturing output maximizing sales and profitability. Inventory optimization: Monitor inventory levels, manage stock replenishment and implement strategies to maintain optimal inventory levels meanwhile minimizing obsoletes and preventing shortages of finished products, components, materials and service parts. Continuous process improvement: Utilize and optimize demand planning processes, software tools and KPI’s to improve forecast accuracy and drive business performance. Periodically refresh the processes and procedures related to inventory management and demand planning, ensuring optimal business execution under dynamic market environments. Cross-functional leadership: Partner with Sales, Operations, Sourcing, Product Development and Finance teams to incorporate sales plans, new product introduction and product lifecycles into forecasts, meanwhile driving engagement and positive results. Operations & Finance Support: Partner with Operations, Quality, Product Development and Materials teams to ensure product availability and optimal resource utilization. Partner with Finance and Sourcing teams to pursue inventory and supply chain optimization, driving best total cost of ownership. Collaborate closely with Finance and Treasury to comply with company procedures and policies.

Requirements

  • Bachelor’s degree in supply chain management, engineering, finance or a related field
  • 8+ years of experience in inventory management, demand planning and/or supply chain in industrial and manufacturing environments
  • Proficiency of MS Excel, Access, MRP/ERP (Oracle or similar), Domo, Tableau, or Power BI
  • Excellent problem-solving, analytical, and decision-making skills
  • Participative leadership and cross-functional collaboration
  • Strong assertive communication, ability to positively influence others and drive results

Responsibilities

  • Forecasting product needs: Develop, maintain and refine SKU-level demand plans using historical data, market trends and statistical models to ensure the right manufacturing output maximizing sales and profitability.
  • Inventory optimization: Monitor inventory levels, manage stock replenishment and implement strategies to maintain optimal inventory levels meanwhile minimizing obsoletes and preventing shortages of finished products, components, materials and service parts.
  • Continuous process improvement: Utilize and optimize demand planning processes, software tools and KPI’s to improve forecast accuracy and drive business performance.
  • Periodically refresh the processes and procedures related to inventory management and demand planning, ensuring optimal business execution under dynamic market environments.
  • Cross-functional leadership: Partner with Sales, Operations, Sourcing, Product Development and Finance teams to incorporate sales plans, new product introduction and product lifecycles into forecasts, meanwhile driving engagement and positive results.
  • Partner with Operations, Quality, Product Development and Materials teams to ensure product availability and optimal resource utilization.
  • Partner with Finance and Sourcing teams to pursue inventory and supply chain optimization, driving best total cost of ownership.
  • Collaborate closely with Finance and Treasury to comply with company procedures and policies.
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