
Demand Forecasting and Inventory Manager
5 days ago
About The Ambr Group Culture
We believe that there is always a better way to do things. That's why we continuously challenge ourselves to innovate and improve. Our culture is built on three core values:
- We prioritize creating value for our stakeholders.
- We take ownership of setting high standards for ourselves.
- We strive for a perfect balance between hard work and enjoying the journey.
Job Description:
In this role, you will play a critical part in driving business growth by optimizing inventory health across the supply chain. You will develop and implement effective inventory management strategies to maximize efficiency and minimize waste.
- You must be proficient in using Excel for advanced calculations.
- Candidates will be required to demonstrate their Excel skills through an assessment.
Responsibilities:
- You will develop and implement comprehensive inventory management strategies to optimize inventory levels across the supply chain network.
- You will manage the supply planning process, incorporating sales forecasts, seasonal demand, and lead times.
- You will regularly analyze demand forecasts, historical sales data, and market trends to refine inventory plans and guarantee product availability.
- You will collaborate with sales teams to optimize inventory levels and devise strategies to minimize waste and excess inventory.
- You will identify potential stockout risks and implement proactive measures to mitigate these risks.
- You will work closely with cross-functional departments, including sales, logistics, demand forecasting, and finance, to drive inventory management initiatives.
- You will establish and maintain robust tracking systems to monitor inventory levels, cycle times, and order accuracy.
- You will analyze inventory holding costs and lead times to enhance inventory turnover and service levels.
- You will investigate root causes of inefficiencies and develop actionable plans to eliminate excess inventory and streamline inventory flow.
- You will create and maintain inventory performance metrics and reporting to track key performance indicators and identify areas for improvement.
Requirements:
- You hold a degree in Supply Chain Management, Business Administration, or a related field.
- You have 1+ years of experience in inventory management, demand planning, or supply chain analysis.
- You possess exceptional analytical skills, including data analysis and forecasting expertise.
- You are well-versed in inventory management systems, supply planning, and demand forecasting.
- You have intermediate proficiency in Microsoft Excel.
- You excel in communication and collaboration with cross-functional teams.
- You can manage multiple projects and deadlines efficiently.
- Experience with ERP systems like SAP, Oracle, or NetSuite is advantageous.
- Knowledge of Lean Six Sigma and process improvement methodologies is beneficial.
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