Position Responsibilities
1. Demand & Supply Planning
- Review & Validate Demand Forecast: Collaborate with the sales team to ensure demand projections are accurate and reflect market trends, customer requirements, and business growth plans.
- Determine Total Supply Requirements: Calculate supply needs based on the validated forecast while considering supplier lead times, constraints, minimum order quantities (MOQ), safety stock, and company inventory policies.
- Material Requirements Planning (MRP): Execute MRP runs to determine raw material (RM) requirements based on sales forecasts and supply plans, ensuring timely procurement.
- Purchase Order (PO) Management: Generate, review, and issue POs for finished goods (FG) and raw materials (RM), ensuring suppliers are informed of required delivery schedules and estimated arrival times (ETA).
- Supplier Coordination: Ensure suppliers adhere to replenishment schedules, addressing potential delays proactively.
- Supply Plan Adjustments: Modify stock allocations, update replenishment plans, and communicate constraints in case of unforeseen delays, ensuring minimal disruption to Sales.
2. Warehouse Distribution Planning
- Demand Variation Analysis: Assess historical sales trends and run rates per warehouse to understand demand fluctuations and optimize stock distribution.
- Optimized Stock Allocation: Allocate stock across warehouses based on weighted demand metrics, factoring in growth trends, upcoming promotions, regional sales performance, and warehouse storage capacities.
- Inventory Level Monitoring: Maintain optimal stock levels to prevent overstocking and stockouts, adjusting allocations dynamically as needed.
- Inter-Warehouse Transfers: Manage stock rebalancing between warehouses
3. Expiry Date Monitoring & FEFO/FIFO Compliance
- Expiry Tracking & Visibility: Maintain a comprehensive tracking system for batch/lot expiration dates to prevent stock write-offs and losses.
- First-Expired, First-Out (FEFO) Execution: Work closely with warehouse teams to prioritize the dispatch of older inventory, ensuring compliance with FIFO/FEFO principles.
- Expiry Clearance Strategy: Collaborate with sales and marketing to push short-dated stock through targeted promotions, clearance sales, and customer incentives.
4. Promotion & New Item Planning (NIP) – FMCG
- New Product Introduction (NPI) Coordination: Work closely with sales, marketing, and suppliers to ensure smooth onboarding of new products, aligning supply plans with launch timelines.
- Promotional Planning & Execution: Collaborate with marketing and sales teams to forecast demand for promotional activities, ensuring sufficient inventory levels to support campaigns.
- Stock Reservation for Promotions: Allocate stock strategically for promotional events to prevent shortages and ensure successful execution.
- Post-Promotion Analysis: Review promotional performance and impact on inventory, making data-driven adjustments to future planning strategies.
5. Reporting & Key Performance Indicators (KPIs
- Supply Chain Performance Reporting: Generate and analyze weekly/monthly reports to track key metrics and drive continuous improvement.
- Key Metrics Tracked:
- Supply Plan Accuracy (%) – Measures adherence to the planned supply schedule.
- Supplier On-Time Delivery (%) – Tracks supplier reliability and punctuality.
- Expiring Inventory & Write-offs (%) – Monitors inventory health and obsolescence.
- Inventory Holding Levels – Evaluates stock levels against working capital constraints.
- Forecast Accuracy (%) – Compares projected demand vs. actual sales to refine planning accuracy.
6. Continuous Improvement & Process Optimization
- S&OP (Sales & Operations Planning) Implementation: Implement and engage in cross-functional S&OP meetings to align supply plans with overall business objectives and market trends.
- Supplier & Vendor Collaboration: Develop strong relationships with suppliers to enhance communication, mitigate risks, and negotiate better terms.
- Inventory Optimization Initiatives: Implement process improvements to reduce waste, improve inventory turnover, and enhance supply chain efficiency.