Inventory Planning Associate at Herbal Goodness

JOB SUMMARY

• The Inventory Planning Associate will play a critical role in ensuring optimal stock levels across our various channels, including online platforms such as Amazon and Walmart, as well as our retail stores.
• This individual will work closely with the sales, operations, and supply chain teams to forecast demand, manage inventory flow, and ensure that our customers receive their products on time.

OBJECTIVES

Inventory Management:

• Implement and maintain inventory control systems and processes to ensure optimal stock availability
• Coordinate with the Sales and Marketing team, Procurement, and other functions to forecast demand and supply

Order Processing:

• Process purchase orders and sales orders accurately and in a timely manner.
• Coordinate with internal teams to ensure orders are fulfilled and shipped on time.
• Address order-related issues and provide resolution as needed.

Supplier Coordination:

• Communicate with suppliers to ensure timely delivery of materials
• Resolve any issues related to supply delays or discrepancies in orders

Data Analysis

• Analyze inventory data to identify trends, discrepancies, and areas of improvement
• Prepare reports on inventory metric for management review
• Assist in forecasting demand and supply needs.

E-Commerce Integration:

• Ensure accurate inventory levels are reflected on the E-commerce platform and records.
• Analyze e-commerce sales data to forecast inventory need and adjust stock levels accordingly
• Co-ordinates with E-commerce team to manage sales and stock updates

Process Improvement:

• Participate in supply chain improvement projects to enhance efficiency and reduce costs.
• Suggest process enhancements and innovative solutions to streamline operations.

Cross-Functional Collaboration:

• Collaborate with various departments, such as procurement, production, and sales, to align supply chain activities with overall business goals.
• Communicate effectively to ensure a smooth flow of information and materials.

CULTURAL & FUNCTIONAL COMPETENCIES

• Teamwork
• Communication
• Giving and receiving feedback
• Time management
• Creating value (impact)
• Critical thinking
• Willingness to learn / Continuous learning
• Ownership
• Resilience & Reliability
• Action orientation
• Problem analysis & problem solving
• Self-management
• Inventory Management
• Supplier Relationship Management
• Logistics and Distribution
• Regulatory Compliance
• Quality Control Procedures
• Product Testing and Validation
• Risk Management and Safety
• Production and Manufacturing Coordination
• Continuous Improvement and Performance Management

EXPERIENCE & EDUCATION

• Strong data analytics and problem-solving skills.
• Relevant Logistics or Supply Chain certification will be an added advantage
• Excellent communication and interpersonal skills.
• Knowledge of Inventory Planning best practices.
• Must have excellent Internet connection, working laptop and ability to adjust work hours to Central Standard Time (Between 9 am - 5 pm Central Standard Time).
• Minimum of 2 years experience in a similar role
• Bachelor's degree in Account, Supply chain management, Business admin, logistics, or a related field (or equivalent work experience).
• Must have completed NYSC