Wakefit - Inventory Planner

The Inventory Planner will be responsible for ensuring the right stock levels across warehouses/plant locations to support business demand. The role focuses on demand forecasting, inventory optimisation, replenishment planning, and ensuring high product availability with minimal excess or obsolescence.

Key Responsibilities

Inventory Planning & Control

- Maintain optimal inventory levels across locations to meet service level targets.

- Analyse stock trends, consumption patterns, and order fulfilment rates.

- Monitor slow-moving, fast-moving, and non-moving inventory.

Demand & Supply Coordination

- Work closely with Demand Planners, Sourcing, Production, and Sales teams to understand demand requirements.

- Align inventory plans with production schedules and vendor lead times.

- Support monthly S&OP planning.

Replenishment & Ordering

- Generate replenishment plans and purchase requisitions.

- Track inbound shipments and ensure timely replenishment.

- Manage safety stock, reorder points, and min-max levels.

Analytics & Reporting

- Create inventory dashboards and MIS reports (DOH, coverage, stock ageing, fill rates, etc.).

- Identify risks related to stockouts or excess inventory.

Process Improvement

- Recommend optimisation steps to reduce carrying cost and improve inventory accuracy.

- Support cycle counting and stock reconciliation activities with WH operations teams.

Key Skills & Competencies - Strong analytical skills and proficiency in Excel/Google Sheets.